OMB APPROVAL
OMB Number: 3235-0101
Expires: December 31, 2009
Estimated average burden  
   hours per response 2.00

SEC USE ONLY

 DOCUMENT SEQUENCE NO.



 CUSIP NUMBER



 WORK LOCATION






UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 144

NOTICE OF PROPOSED SALE OF SECURITIES
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933



ATTENTION:


Transmit for filing 3 copies of this form concurrently with either placing an
order with a broker to execute sale or executing a sale directly with a market maker.



 1 (a)    NAME OF ISSUER (Please type or print)

  Z Trim Holdings, Inc.
  (b)    IRS IDENT. NO.

  36-4197173
  (c)    S.E.C. FILE NO.

  001-32134
  

 1 (d)    ADDRESS OF ISSUER                         STREET

  1011 Campus Drive
  CITY

  Mundelein
  STATE

  IL
  ZIP CODE

  60060
  (e)    TELEPHONE NO.
AREA CODE       NUMBER

 (847)        549-6002
 2 (a)    NAME OF PERSON FOR WHOSE ACCOUNT
          THE SECURITIES ARE TO BE SOLD


  Gregory J. Halpern
  (b)    IRS IDENT. NO.


 
  (c)    RELATIONSHIP
       TO ISSUER


  10% Owner
  (d)    ADDRESS STREET


  1713 North Player Court
  CITY


  Vernon Hills
  STATE


  IL
  ZIP CODE


  60061

INSTRUCTION:  The person filing this notice should contact the issuer to obtain the I.R.S. Identification Number and the S.E.C. File Number.

 3 (a)   (b) SEC USE ONLY   (c)   (d)   (e)   (f)   (g)
Title of the
Class of
Securities
To Be Sold
Name and Address of Each Broker Through Whom
the Securities are to be Offered or Each Market
Maker who is Acquiring the Securities
Broker-Dealer
File Number
Number of Shares
or Other Units
To Be Sold

(See instr. 3(c))
Aggregate
Market
Value

(See instr. 3(d))
Number of
Shares or Other
Units Outstanding

(See instr. 3(e))
Approximate
Date of Sale

(See instr. 3(f))
(MO. DAY YR.)
Name of Each
Securities
Exchange

(See instr. 3(g))

Common Stock


Ameritrade
4211 S. 102 nd St.
Omaha, NE 68127



 


360,000


$140,400 (1)


72,056,375


02/01/2008
to
05/01/2008



AMEX


INSTRUCTIONS:

1.





2.


(a)
(b)
(c)
(d)
(e)

(a)
(b)

(c)

(d)
Name of issuer
Issuer’s I.R.S. Identification Number
Issuer’s S.E.C. file number, if any
Issuer’s address, including zip code
Issuer’s telephone number, including area code

Name of person for whose account the securities are to be sold
Such person’s I.R.S. identification number, if such person is
an entity
Such person’s relationship to the issuer (e.g., officer, director, 10%
stockholder, or member of immediate family of any of the foregoing)
Such person’s address, including zip code
3.





(a)
(b)
(c)

(d)

(e)


(f)
(g)
Title of the class of securities to be sold
Name and address of each broker through whom the securities are intended to be sold
Number of shares or other units to be sold (if debt securities, give the aggregate
face amount)
Aggregate market value of the securities to be sold as of a specified date within
10 days prior to the filing of this notice
Number of shares or other units of the class outstanding, or if debt securities the
face amount thereof outstanding, as shown by the most recent report or statement
published by the issuer
Approximate date on which the securities are to be sold
Name of each securities exchange, if any, on which the securities are intended to be sold

Potential persons who are to respond to the collection of information contained in this form
are not required to respond unless the form displays a currently valid OMB control number.

SEC 1147 (01-07)



TABLE I -- SECURITIES TO BE SOLD
Furnish the following information with respect to the acquisition of the securities to be sold
and with respect to the payment of all or any part of the purchase price or other consideration therefor:

Title of
the Class
Date you
Acquired
Nature of Acquisition Transaction Name of Person from Whom Acquired
(If gift, also give date donor acquired)
Amount of
Securities Acquired
Date of
Payment
Nature of Payment

  Common Stock


  Prior to
August 2006



  Exercise of Stock Options


  Z Trim Holdings, Inc.


  360,000


  Same


  Previously Acquired Stock


INSTRUCTIONS: If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.


TABLE II -- SECURITIES SOLD DURING THE PAST 3 MONTHS
Furnish the following information as to all securities of the issuer sold during
the past 3 months by the person for whose account the securities are to be sold.

Name and Address of Seller Title of Securities Sold Date of Sale Amount of
Securities Sold
Gross Proceeds

Gregory J. Halpern
1713 N. Player Ct.
Vernon Hills, IL 60061



Common Stock
Common Stock
Common Stock



01/03/08
01/04/08
01/07/08



104,200
69,100
40,000



$40,633
$25,920
$14,000



REMARKS:


(1) The Aggregate Market Value is calculated using the closing price of $0.39 on January 25, 2008.

INSTRUCTIONS:
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all personswhose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed.

February 1, 2008


/s/ Gregory J. Halpern

DATE OF NOTICE Gregory J. Halpern


The notice shall be signed by the person for whose account the securities are to be sold.
At least one copy of the notice shall be manually signed. Any copies not manually signed shall bear typed or printed signatures.



ATTENTION:   Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)



SEC 1147 (01-07)

Z-Trim Holdings, (AMEX:ZTM)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024 Click aqui para mais gráficos Z-Trim Holdings,.
Z-Trim Holdings, (AMEX:ZTM)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024 Click aqui para mais gráficos Z-Trim Holdings,.