4//SEC Filing
BEAMZ INTERACTIVE INC 4
Accession 0001118491-14-000005
CIK 0001423357operating
Filed
Sep 18, 8:00 PM ET
Accepted
Sep 19, 6:27 PM ET
Size
6.1 KB
Accession
0001118491-14-000005
Insider Transaction Report
Form 4
MOLLO CHARLES R
DirectorChief Executive Officer10% Owner
Transactions
- Purchase
Convertible Secured Promissory Note
2014-08-01+1→ 1 total(indirect: See Footnote 1)Exercise: $0.40From: 2013-08-01Exp: 2014-12-31→ Common Stock (250,000 underlying)
Footnotes (1)
- [F1]Reflects the transfer by New Vistas Investment Corp. ("New Vistas"), 73.36% of the ownership interests in which Mr. Mollo indirectly beneficially owns, of $100,000 in principal, plus all accrued but unpaid interest thereon, of a Convertible Secured Promissory Note with principal amount of $300,000 (convertible into the Issuer's Common Stock) (the "Original Note"), pursuant to an Assignment dated 08/01/2014 (the "Assignment"), in exchange for certain guaranty payments made on behalf of New Vistas by the transferees under the Assignment. Pursuant to the Assignment, the Original Note was cancelled, and a Convertible Secured Promissory Note with principal amount of $200,000 (convertible into the Issuer's Common Stock) was issued to New Vistas by Issuer.
Documents
Issuer
BEAMZ INTERACTIVE INC
CIK 0001423357
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001423357
Filing Metadata
- Form type
- 4
- Filed
- Sep 18, 8:00 PM ET
- Accepted
- Sep 19, 6:27 PM ET
- Size
- 6.1 KB