4//SEC Filing
MALAMAS STRATO 4
Accession 0001137050-10-000076
CIK 0001449574other
Filed
Apr 20, 8:00 PM ET
Accepted
Apr 21, 4:45 PM ET
Size
14.4 KB
Accession
0001137050-10-000076
Insider Transaction Report
Form 4
MALAMAS STRATO
10% Owner
Transactions
- Purchase
Common Stock
2010-03-05$0.81/sh+39,557$32,041→ 20,845,517 total(indirect: See Footnotes) - Purchase
Common Stock
2010-02-24$0.55/sh+2,000$1,100→ 20,845,517 total(indirect: See Footnotes)
Footnotes (4)
- [F1]The figure in the chart includes 16,039,557 shares of common stock in eCrypt Technologies, Inc. owned by Global Capital Partners, LLC, of which Strato Malamas may be deemed the beneficial owner. Mr. Malamas owns 100% of Global Capital Partners, LLC. As such Mr. Malamas is in a position to determine the investment and voting decisions of Global Capital Partners, LLC. Mr. Malamas may be deemed to indirectly beneficially own the shares of common stock of eCrypt Technologies, Inc. owned by Global Capital Partners, LLC.
- [F2]The figure in the chart includes 4,800,000 shares of common stock in eCrypt Technologies, Inc., owned by Nicole Malamas, of which Strato Malamas may be deemed the beneficial owner. Strato Malamas declares that the filing of the foregoing statement shall not be deemed an admission that Mr. Malamas is, for the purpose of Section 16 of the Securities Exchange Act of 1934, the beneficial owner of any equity securities covered by the foregoing statement.
- [F3]The figure in the chart includes 5,960 shares of common stock of the Issuer owned by Coast Mountain Aviation, Inc., of which Strato Malamas may be deemed the beneficial owner. Mr. Malamas owns 100% of Coast Mountain Aviation, Inc. As such Mr. Malamas is in a position to determine the investment and voting decisions of Coast Mountain Aviation, Inc. Mr. Malamas may be deemed to be the indirectly beneficially own the shares of common stock of the Issuer owned by Coast Mountain Aviation Inc.
- [F4]On July 2, 2007, Global Capital Partners, LLC (Global) entered into a Convertible Debenture (the Debenture) with the eCrypt pursuant to which Global loaned eCrypt $23,800. On February 26, 2010, the parties amended the Debenture. Pursuant to the terms of the Debenture, the principle and interest due and owing under the Debenture was convertible into common stock at a conversion price of $.81 per share. On March 5, 2010, Global exercised its conversion rights and converted the outstanding principal and interest due under the Debenture totaling US $32,041.43 into 39,557 shares of common stock. As a result of the conversion, Global no longer has any beneficial ownership interest in any derivative securities of eCrypt. Strato Malamas owns 100% of Global and is in a position to determine the investment and voting decisions of Global Capital and may be deemed to indirectly beneficially own the shares of common stock of eCrypt owned by Global.
Issuer
eCrypt Technologies, Inc.
CIK 0001449574
Entity typeother
Related Parties
1- filerCIK 0001401836
Filing Metadata
- Form type
- 4
- Filed
- Apr 20, 8:00 PM ET
- Accepted
- Apr 21, 4:45 PM ET
- Size
- 14.4 KB