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4//SEC Filing

CHEN SI QIANG 4

Accession 0001140361-10-039160

CIK 0001312547other

Filed

Sep 29, 8:00 PM ET

Accepted

Sep 30, 5:39 PM ET

Size

6.0 KB

Accession

0001140361-10-039160

Insider Transaction Report

Form 4
Period: 2010-09-28
CHEN SI QIANG
DirectorChief Executive Officer
Transactions
  • Purchase

    Common Stock

    2010-09-28$938496.00/sh+938,496$880,774,742,0168,438,496 total
Footnotes (2)
  • [F1]On September 28, 2010, New Oriental Energy & Chemical Corp. (the "Company") and Chen Siqiang entered into an Indebtedness Conversion Agreement (the "Conversion Agreement") pursuant to which, in lieu of cash payment for money Chen Siqiang advanced to the Company (the "Loans"), the Company issued shares of its common stock for such portion of the Loans.
  • [F2]Auto Chance International Limited ("Auto Chance") owns 7,500,000 shares of common stock of the Company. As the majority stockholder of Auto Chance, Chen Siqiang has an indirect pecuniary interest in the common stock of the Company. Chen Siqiang owns, and has a direct pecuniary interest in, 938,496 shares of common stock of the Company pursuant to the Conversion Agreement.

Documents

1 file

Issuer

New Oriental Energy & Chemical Corp.

CIK 0001312547

Entity typeother

Related Parties

1
  • filerCIK 0001376441

Filing Metadata

Form type
4
Filed
Sep 29, 8:00 PM ET
Accepted
Sep 30, 5:39 PM ET
Size
6.0 KB