Sec Form 4 Filing - Rhodes John D @ BEACON ENTERPRISE SOLUTIONS GROUP INC - 2007-12-20

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Rhodes John D 2. Issuer Name and Ticker or Trading Symbol BEACON ENTERPRISE SOLUTIONS GROUP INC [ BEAC.OTC] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 3615 WOODSIDE PLACE 3. Date of Earliest Transaction (MM/DD/YY) 12/20/2007 (Street) LOUISVILLE, KYUS 40218 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock ( 1 ) 02/20/2007 02/20/2007 A 300,000 A $ 1 300,000 D Common Stock ( 1 ) 02/26/2010 02/26/2010 P 10,000 A $ 1.32 310,000 D Common Stock ( 1 ) 06/18/2010 06/18/2010 P 25,000 A $ 1.03 335,000 D Common Stock ( 1 ) 08/23/2010 08/23/2010 P 75,000 A $ 0.5 410,000 D Common Stock ( 1 ) 05/23/2012 05/23/2012 P 25,000 A $ 0.068 435,000 D Series B convertibel preferred stock, $1,000 stated value 07/14/2008 07/14/2008 A 400 A $ 1,000 400 D Series B convertibel preferred stock, $1,000 stated value 02/16/2009 02/16/2009 A 300 A $ 1,000 700 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Equity financing arrangement Warrants - #2 $ 1 12/31/2008 12/31/2008 A 16,667 12/31/2008 12/31/2013 Common Stock ( 1 ) 16,667 $ 1 249,998 ( 2 ) D Equity Financing Warrants $ 1 08/20/2008 08/20/2008 A 100,000 08/20/2008 08/20/2013 Common stock ( 1 ) 100,000 $ 1 100,000 D Bridge Warrants $ 1 11/20/2008 11/20/2008 A 28,000 11/20/2008 11/20/2013 Common Stock ( 1 ) 28,000 $ 1 173,000 ( 3 ) D Equity financing Warrants - #3 $ 1 09/09/2009 09/09/2009 A 33,333 09/09/2009 09/09/2014 Common stock ( 1 ) 33,333 $ 1 366,664 ( 4 ) D Compensatory Warrants $ 1 03/26/2008 03/26/2008 A 300,000 03/26/2008 03/26/2013 Common stock ( 1 ) 300,000 $ 1 300,000 D Bridge Warrants - #2 $ 1 08/07/2009 08/07/2009 A 25,000 08/07/2009 08/07/2014 Common stock ( 1 ) 25,000 $ 1 25,000 D Bridge Warrants - #2 $ 1 10/06/2009 10/06/2009 A 37,500 10/06/2009 10/06/2014 Common stock ( 1 ) 37,500 $ 1 62,500 D Bridge Warrants - #2 $ 1 11/05/2009 11/05/2009 A 50,000 11/05/2009 11/05/2014 Common stock ( 1 ) 50,000 $ 1 112,500 D Series B Convertible Preferred Stock $ 1 07/14/2008 07/14/2008 A 444,444 07/14/2008 07/14/2013 Common stock ( 1 ) 444,444 $ 1 444,444 ( 5 ) D Series B Convertible Preferred Stock $ 1 02/16/2009 02/16/2009 A 333,333 02/16/2009 02/16/2009 Common stock ( 1 ) 333,333 $ 1 777,777 ( 5 ) D Series B Convertible Preferred Stock Warrant $ 1 07/14/2008 07/14/2008 A 200,000 07/14/2008 07/14/2013 Common stock ( 1 ) 200,000 $ 1 200,000 ( 6 ) D Series B Convertible Preferred Stock Warrant $ 1 02/16/2009 02/16/2009 A 150,000 02/16/2009 02/16/2009 Common stock ( 1 ) 150,000 $ 1 350,000 ( 6 ) D Convertible Note Warrants $ 1 12/20/2007 12/20/2007 A 166,667 12/20/2007 12/20/2012 Common stock ( 1 ) 166,667 $ 1 166,667 D Credit Facility Warrants $ 1 12/31/2010 12/31/2010 A 75,000 12/31/2010 12/31/2015 Common stock ( 1 ) 75,000 $ 1 75,000 D Credit Facility Warrants $ 1 01/31/2011 01/31/2011 A 15,000 01/31/2011 01/31/2011 Common stock ( 1 ) 15,000 $ 1 90,000 D Credit Facility Warrants $ 1 02/28/2011 02/28/2011 A 15,000 02/28/2011 02/28/2011 Common Stock ( 1 ) 15,000 $ 1 105,000 D Credit Facility $ 1 03/31/2011 03/31/2011 A 15,000 03/31/2011 03/31/2011 Common Stock ( 1 ) 15,000 $ 1 120,000 D Credit Facility Warrants $ 1 06/30/2011 06/30/2011 A 45,000 06/30/2011 06/30/2011 Common Stock ( 1 ) 45,000 $ 1 165,000 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Rhodes John D 3615 WOODSIDE PLACE LOUISVILLE, KYUS 40218 X Signatures Greg Guilford 05/23/2012 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Par value $0.001 per share ( 2 )Warrants awarded in increments of 33,333 per monthly for duration of Equity Financing Arrangement. Awards were made monthly from 6-15-2008 to 12-15-2008 for a total of 233,331 warrants issued. The Arrangement was terminated on 12/31/2008 thereby another 16,667 warrants were issued for the 15 days between 12/15 and 12/31 for a total of 250,000. ( 3 )125,000 Bridge Warrants issued at inception of Bridge Note with 20,000 warrants issued in increments of 2,000 monthly from 2/15 to 11/15/2008. Remaining warrants of 28,000 issued on 11/20/2008 for a total of 173,000 Bridge Warrants issued. ( 4 )Equity Financing Warrants - #3 awarded in initital increment of 100,000 on 1/9/2009 at inception of Equity Financing Arrangement and thereafter in increments of 33,333 monthly from 2/9 to 9/9/2009 for total warrants issued of 366,664. ( 5 )Each Series B Preferred Stock is convertible into Common Stock at a ratio of 1:1,111. ( 6 )Each Series B C onvertible Preferred Stock carries a warrant convertible into 1/2 share of Common Stock.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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