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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES 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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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who 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 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 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 (Month/Day/Year) |
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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Options | $ 0.45 | 01/21/2015 | A | 300,000 | 01/21/2015 | 01/21/2018 | common stock | 300,000 | $ 0.3 | 300,000 | D | ||||
Warrant | $ 0.485 | 12/20/2014 | P | 115,980 | 12/20/2014 | 12/20/2017 | common stock | 115,980 | (3) | 282,647 | I | See Footnote (2) | |||
Warrant | $ 1 | 11/30/2015 | P | 25,000 | 11/30/2015 | 11/30/2020 | common stock | 25,000 | (1) | 307,647 | I | See Footnote (2) | |||
Warrant | $ 1 | 02/28/2016 | C | 32,048 | 02/28/2016 | 02/28/2021 | common stock | 32,048 | (4) | 339,695 | I | See Footnote (2) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Delle Coste Riccardo 8530 WILSHIRE BLVD, SUITE 450 BEVERLY HILLS,, CA 90211 |
X | X | Chief Executive Officer |
/s/ Riccardo Delle Coste | 03/23/2016 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | Warrants purchased as part of a unit which included debt for aggregate purchase price of $50,000. |
(2) | Held by R.D. Capital Holdings PTY Ltd. of which the Reporting Person is the Managing Director and has voting and dispositive power. |
(3) | Warrants issued in consideration of an extension of the maturity date of a promissory note which was scheduled to mature on December 20, 2014 and was extended to June 20, 2015. |
(4) | Principal and interest under outstanding note converted into common stock at a price of $0.80 per share plus 50% warrant coverage. |
(5) | Principal and interest under outstanding note converted into common stock at a price of $0.25 per share plus 50% warrant coverage. |