4//SEC Filing
BARCH MACKIE 4
Accession 0001135432-12-000018
CIK 0001470915other
Filed
Jun 24, 8:00 PM ET
Accepted
Jun 25, 9:22 PM ET
Size
7.9 KB
Accession
0001135432-12-000018
Insider Transaction Report
Form 4
BARCH MACKIE
DirectorCEO, CFO, Pres, Tres. and Sec.10% Owner
Transactions
- Purchase
Common Stock
2012-02-13+200,000,000→ 200,000,000 total - Purchase
Class A Preferred Stock
2012-02-13+3,000,000→ 3,000,000 totalFrom: 2012-02-13→ Common Stock (15,000,000 underlying)
Footnotes (4)
- [F1]On February 13, 2012, Sunpeaks Ventures, Inc. entered into a Share Exchange Agreement with Healthcare Distribution Specialists, LLC ("HDS"), and Mackie Barch, the managing member of HDS. Under the terms of the agreement, Mr. Barch exchange 100% of the outstanding membership interests of HDS for: (i) 200,000,000 newly-issued shares of Sunpeaks' common stock, and (ii) 3,000,000 shares of newly-issued Sunpeaks' Class A Preferred Stock.
- [F2]Mr. Barch acknowledges that of the 200,000,000 shares of Sunpeaks' common stock held by him, 60,000,000 shares are being held for the benefit of Justin R. Barch and 60,000,000 shares are being held for the benefit of Matthew J. Swift. Mr. Barch can determine, in his sole discretion, when to transfer record ownership of these 120,000,000 shares and maintains the right to vote the shares until the record ownership is transferred. As a result, Mr. Barch still has direct ownership of all 200,000,000 shares.
- [F3]Each share of Sunpeaks' Class A Preferred Stock is convertible into five shares of Sunpeaks' common stock at the discretion of the holder and with no conversion price.
- [F4]The shares of Sunpeaks' Class A Preferred Stock do not expire.
Documents
Issuer
SUNPEAKS VENTURES, INC.
CIK 0001470915
Entity typeother
Related Parties
1- filerCIK 0001544181
Filing Metadata
- Form type
- 4
- Filed
- Jun 24, 8:00 PM ET
- Accepted
- Jun 25, 9:22 PM ET
- Size
- 7.9 KB