4//SEC Filing
American Magna Corp 4
Accession 0000939802-14-000054
CIK 0001401670operating
Filed
Jul 15, 8:00 PM ET
Accepted
Jul 16, 6:39 PM ET
Size
5.6 KB
Accession
0000939802-14-000054
Insider Transaction Report
Form 4
Duerr Herb
DirectorPres. CEO CFO Sec. Treas.
Transactions
- Other
Common Stock
2013-07-19$0.01/sh+15,000,000$150,000→ 15,000,000 total(indirect: By Spouse)
Footnotes (3)
- [F1]Issued pursuant to a property option agreement between the issuer and Desert Pacific Exploration Inc. ("DPE")"
- [F2]Such shares are held in escrow subject to an escrow agreement dated August 26, 2013 with the issuer which provides that on each of January 2, 2014, January 2, 2015 and January 2, 2016, 3,000,000, 5,000,000 and 7,000,000 shares, respectively, be released from escrow so long as a property option between the Company and DPE is in good standing on such date. DPE has the right to vote the shares held in escrow.
- [F3]Each of the reporting person and his spouse own 50% of the shares of DPE. and share voting and dispositive power over the shares held by DPE.
Documents
Issuer
American Magna Corp
CIK 0001401670
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0001401670
Filing Metadata
- Form type
- 4
- Filed
- Jul 15, 8:00 PM ET
- Accepted
- Jul 16, 6:39 PM ET
- Size
- 5.6 KB