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Heritage Global Inc. Director's Dealing 2008

Jul 14, 2008

34494_dirs_2008-07-14_fd7ded77-cbfb-44dd-809d-b099e9f6513c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: C2 Global Technologies Inc (COBT.OB)
CIK: 0000849145
Period of Report: 2008-06-18

Reporting Person: COUNSEL COMMUNICATIONS LLC (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-06-18 Common Stock J 370263 Disposed 17147006 Direct
2008-06-18 Common Stock J 350000 Disposed 16797006 Direct

Footnotes

F1: As part of June 18, 2008 agreement to settle derivative and securities lawsuits which were commenced in April 2004, Counsel
Communications LLC, a wholly-owned subsidiary of Counsel Corporation, is transferring, to the plaintiffs in the litigation,
5 common shares of C2 Global Technologies Inc. for every share of C2 Global Technologies Inc. owned by the plaintiffs when
the litigation commenced.

F2: As part of June 18, 2008 agreement to settle derivative and securities lawsuits which were commenced in April 2004, Counsel
Communications LLC, a wholly-owned subsidiary of Counsel Corporation, is transferring 350,000 common shares of C2 Global
Technologies Inc. to C2 Global Technologies Inc. for cancellation.