MONDIAL VENTURES, INC. 4
4 · MONDIAL VENTURES, INC. · Filed Feb 12, 2014
Insider Transaction Report
Form 4
MONDIAL VENTURES, INC.MNVN.QB
ALEXANDER DENNIS
DirectorCEO, President
Transactions
- Other
Common Stock
2014-02-11+3,000,000→ 3,003,333 total(indirect: See footnote 2) - Other
Common Stock
2012-07-31+3,333→ 0 total(indirect: See footnote 2) - Other
Common Stock
2012-07-31+760→ 0 total(indirect: See footnote 6) - Other
Series C Preferred Stock
2014-01-14$0.00/sh+50,000$5→ 50,000 total(indirect: See Footnote (3))→ None (0 underlying) - Purchase
Series C Preferred Stock
2014-01-14$0.00/sh+50,000$5→ 50,000 total→ None (0 underlying)
Footnotes (8)
- [F1]In consideration of services rendered, including for and as incentive to continue to assist and provide services to the Company or its subsidiaries.
- [F2]The shares are owned indirectly by Mr. Alexander through Global Media Network USA, Inc. which is 100% owned by Mr. Alexander, and provides his services to the Company.
- [F3]Mr. Alexander owns 100% of Global Media Network USA, Inc. (GMN USA, Inc.) which provides his services to the Company. 50,000 shares of the Registrants Series C Preferred stock are owned indirectly by Mr. Alexander through Global Media Network USA, Inc. (GMN USA, Inc.).
- [F4]Each share of Series C preferred stock shall have 31,500 votes on the election of our directors and for all other purposes. The Series C is not convertible into underlying shares.
- [F5]None available.
- [F6]Mr. Alexander owns 8.1% of EGPI Firecreek, Inc. (EGPI) which owns 14,000,000 shares of the Mondial Ventures, Inc., the Company, therefore his ownership indirectly at present represents 1,139,532 shares of the Companys stock. To be noted, this ownership calculation is subject to Mr. Alexanders percentage ownership then held in EGPI which can very likely vary from time to time, along with the amount of shares of the Company actually held in ownership at any given date by EGPI.
- [F7]Previously reported.
- [F8]The dollar amount for the financing proceeds in the immediately preceding table will need to also be verified or determined by independent valuation or by the Companys auditors as the last sale price prior to February 11, 2014 on January 30, 2014 was appx. $0.1499 per share, and there was no closing sale price easily determinable on the date of issuance due a recent 1:1500 reverse stock split. The then determination will be for and in consideration of bonus for services rendered to the Company and/or one or more of its subsidiaries, and incentive.