Global Future City Holding Inc. 4
4 · Global Future City Holding Inc. · Filed Oct 8, 2015
Insider Transaction Report
Form 4
Dunn Michael R
DirectorCEO10% Owner
Transactions
- Other
Common Stock
2015-10-02+9,347,047→ 11,433,111 total
Footnotes (1)
- [F1]On October 2, 2015, Global Future City Holding Inc. (the "Company") via its wholly-owned subsidiary Global Modern Enterprise Limited, a Hong Kong entity ("EGD Subsidiary") entered into a Share Exchange Agreement with GX-Life Global, Inc. ("GX-Life Global") whereby the Company spun-off 100% of its ownership interests in the EGD Subsidiary in exchange for 100% of the outstanding common stock of GX-Life Global. In a related transaction, on October 2, 2015, the former shareholders of GX-Life Global sold all of their interests in the EGD Subsidiary to existing Company shareholders in exchange for 21,280,000 shares of the Company's common stock. Mr. Michael Dunn, a former shareholder of GX-Life Global, acquired 9,347,047 shares of common stock under the transaction.