-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, A4bIu1r88AF6zmzxpXXmSpZYju26lbCVO92L7MQUlQwk7WbOlPRch3GV6rMMGflT h2k1to4yErPeAzSsqmyYvA== 0001306738-07-000002.txt : 20071120 0001306738-07-000002.hdr.sgml : 20071120 20071120175046 ACCESSION NUMBER: 0001306738-07-000002 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20071116 FILED AS OF DATE: 20071120 DATE AS OF CHANGE: 20071120 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ELEC COMMUNICATIONS CORP CENTRAL INDEX KEY: 0000090721 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 132511270 STATE OF INCORPORATION: NY FISCAL YEAR END: 1130 BUSINESS ADDRESS: STREET 1: 75 SOUTH BROADWAY STREET 2: SUITE 302 CITY: WHITE PLAINS STATE: NY ZIP: 10601 BUSINESS PHONE: 914-682-0214 MAIL ADDRESS: STREET 1: 75 SOUTH BROADWAY STREET 2: SUITE 302 CITY: WHITE PLAINS STATE: NY ZIP: 10601 FORMER COMPANY: FORMER CONFORMED NAME: SIRCO INTERNATIONAL CORP DATE OF NAME CHANGE: 19920703 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Richards Mark CENTRAL INDEX KEY: 0001306738 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-04465 FILM NUMBER: 071260818 BUSINESS ADDRESS: BUSINESS PHONE: 4075660106 MAIL ADDRESS: STREET 1: 118 CELEBRATION BLVD. CITY: CELEBRATION STATE: FL ZIP: 34747 4 1 primary_doc.xml PRIMARY DOCUMENT X0202 4 2007-11-16 0 0000090721 ELEC COMMUNICATIONS CORP ELEC 0001306738 Richards Mark 610 SYCAMORE STREET, SUITE #120 CELEBRATION FL 34747 0 0 0 1 President of Subsidiary Contingent option to purchase common stock 0.2 2007-11-16 4 A 0 2368053 0.15 A Common Stock 2368053 2368053 D The option becomes exercisable only if prior to October 31, 2008 (a) the company attains positive cash flow from operations, in accordance with Generally Accepted Accounting Principles, for two consecutive months, such that the Warrant A-2 issued to Calliope Capital Corporation and the Warrant B-2 issued to Valens Offshore SPV II, Corp., have terminated in accordance with their terms, or (b) the company is sold. If the option vests by October 31, 2008, the option expires on November 16, 2012. If the option does not vest, it expires on October 31, 2008 Also owns options to purchase 1,000,000 shares of common stock at 25 cents a share Mark Richards 2007-11-20 -----END PRIVACY-ENHANCED MESSAGE-----