Encounter Technologies, Inc. 4
4 · IDGLOBAL CORP. · Filed Apr 5, 2018
Insider Transaction Report
Form 4
IDGLOBAL CORP.IDGC
Encounter Technologies, Inc.
10% OwnerOther
Transactions
- Other
Series A Preferred Stock
2018-04-04−71,000,000→ 0 total
Footnotes (4)
- [F1]Series A Preferred Stock, $0.00001 par value per share.
- [F2]The Issuer, the Reporting Person, and Sebastien C. DuFort, the Issuer's sole officer and director, entered into a Rescission Agreement and Mutual Release on April 4, 2018; whereby, the Reporting Person returned the control shares held by it in the Issuer to Mr. DuFort.
- [F3]On December 15, 2017, the Reporting Person and Sebastien DuFort, the Issuer's sole officer, director, and control person entered into a Stock Purchase Agreement; whereby, the Reporting Person acquired approximately 51% of the Issuer's control stock. On April 4, 2018, the Reporting Person, the Issuer, and Mr. DuFort rescinded that certain stock purchase transaction, which resulted in the Reporting Person returning the control shares held by it in the Issuer to Mr. DuFort.
- [F4]There was no consideration exchahged among the parties, as the initial stock purchase transaction was rescinded on April 4, 2018.