www.sec.gov/Archives/edgar/data/1070658/0000928385-01-5 -
[Cached Version]
Published on: 12/17/2001
Last Visited: 6/27/2002
Hubert Besner
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(2) On December 4, 2001, the Board approved the issuance of 30,000 stock options to each of Hubert Besner and Robert Fratarcangelo.
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Dr. Hubert Besner, a director of CYBERNET INTERNET SERVICES INTERNATIONAL INC, is a partner with the law firm of Besner Kreifels Weber, which represents CYBERNET INTERNET SERVICES INTERNATIONAL INC and to which the Company paid fees of approximately $237,710 and $310,982 Euro during the 2000 and 2001 fiscal years, respectively. We provide Internet connectivity services to Ventegis Capital AG (formerly, Cybermind Interactive Europe, AG ) ("Ventegis"), a principal stockholder of -------- Cybernet, pursuant to a standard service contract.During the last fiscal year, Ventegis paid us approximately $59,121 (based on the exchange rate of $2,077 Deutche Marks for one U.S. dollar, the exchange rate in place on December 31, 2000) for such services.
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The Compensation Committee is composed of Dr. Besner and Mr. Fratarcangelo.
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$4.625 Hubert Besner
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On December 4, 2001, the Board approved the issuance of 400,000 stock options to each of Andreas Eder and Paolo di Fraia, and 30,000 stock options to each of Hubert Besner and Robert Fratarcangelo.
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The address of Ms. Czerny is c/o Hubert Besner, Maximilianstrasse 31, 80539, Munich, Germany.
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Hubert Besner