Heritage Global Inc. — Director's Dealing 2005

Mar 22, 2005

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ACCERIS COMMUNICATIONS INC (ACRS.OB)
CIK: 0000849145
Period of Report: 2005-03-09

Reporting Person: Lipscomb Eric S (Chief Accounting Officer)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
options to purchase common stock	$3.076	2011-03-29	common stock (30000)		Direct

Footnotes

F1: (1) options vest 25% annually beginning on the first anniversary of the grant date - the options were granted on March 29, 2004