5//SEC Filing
SAGEMARK COMPANIES LTD 5
Accession 0001144204-09-011579
CIK 0000089041operating
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 2:16 PM ET
Size
15.8 KB
Accession
0001144204-09-011579
Insider Transaction Report
Form 5
BLESSEY ROBERT L
Secretary
Transactions
- Other
Common stock
2004-06-28$1870000.00/sh+525,000$981,750,000,000→ 559,311 total(indirect: See Footnote) - Other
Common stock
2007-07-19$500.00/sh−250,000$125,000,000→ 309,311 total(indirect: D and I) - Other
Common stock
2001-05-22$732.00/sh+977$715,164→ 977 total(indirect: See Footnote) - Purchase
Common stock
2002-06-30$100002.00/sh+33,334$3,333,466,668→ 34,311 total - Other
Warrant
2008-11-04$250.00/sh+12,500$3,125,000→ 12,500 totalExercise: $0.02From: 2008-11-04Exp: 2013-11-03→ Common stock (12,500 underlying)
Footnotes (6)
- [F1]Acquired by Bocara Corp. in May 2001 pursuant to a Stock Purchase Agreement dated as of May 14, 2001, as amended, by and among The Sagemark Companies Ltd., Pamels Corp., John M. Donaldson Revocable Trust, Tara Capital, Inc., Bocara Corporation, Mercury Capital Corp., Premier P.E.T. Imaging International, Inc. and Premier Cyclotron International Corp. in consideration of and in exchange for shares of common stock of Premier P.E.T. Imaging International, Inc. and Premier Cyclotron International Corp. owned by Bocara Corp. Bocara Corp. is a Nevada corporation whose shareholders and officers are the Reporting Person and his spouse. The Reporting Person owns 25% of Bocara Corp. and his spouse owns 75%. Although the Reporting Person disclaims beneficial ownership of his spouse's 75% of Bocara Corp., as the Reporting Person is the Secretary and Director of Bocara Corp., 100% of the shares of common stock of the Issuer owned by Bocara Corp. are included herein.
- [F2]Acquired by Bocara Corp. in June 2004 pursuant to an earn-out provision of a Stock Purchase Agreement dated as of May 14, 2001, as amended, by and among The Sagemark Companies Ltd., Pamels Corp., John M. Donaldson Revocable Trust, Tara Capital, Inc., Bocara Corporation, Mercury Capital Corp., Premier P.E.T. Imaging International, Inc. and Premier Cyclotron International Corp. in consideration of and in exchange for shares of common stock of Premier P.E.T. Imaging International, Inc. and Premier Cyclotron International Corp. owned by Bocara Corp. Price noted was fair market value of securities on the date of the transaction.
- [F3]Bocara Corp. is a Nevada corporation whose shareholders and officers are the Reporting Person and his spouse. The Reporting Person owns 25% of Bocara Corp. and his spouse owns 75%. Although the Reporting Person disclaims beneficial ownership of his spouse's 75% of Bocara Corp., as the Reporting Person is the is the Secretary and a Director of Bocara Corp., 100% of the shares of common stock of the Issuer owned by Bocara Corp. are included herein
- [F4]Shares transferred from Bocara Corp. to Seven J's Corp. on July 19, 2007 for nominal consideration. Bocara Corp. is a Nevada corporation whose shareholders and officers are the Reporting Person and his spouse. The Reporting Person owns 25% of Bocara Corp. and his spouse owns 75%. Although the Reporting Person disclaims beneficial ownership of his spouse's 75% of Bocara Corp., as the Reporting Person is the Secretary and a Director of Bocara Corp., 100% of the shares of common stock of the Issuer owned by Bocara Corp. are included herein
- [F5]Includes all shares owned by the Reporting Person and all shares owned by Bocara Corp., a Nevada corporation whose shareholders and officers are the Reporting Person and his spouse. The Reporting Person owns 25% of Bocara Corp. and his spouse owns 75%. Although the Reporting Person disclaims beneficial ownership of his spouse's 75% of Bocara Corp., as the Reporting Person is the Secretary and a Director of Bocara Corp., 100% of the shares of common stock of the Issuer owned by Bocara Corp. are included herein.
- [F6]On May 22, 2001 the Issuer issued the Reporting Person a warrant to purchase up to 12,500 shares of its common stock at an exercise price of $1.31 per share with an expiration date of May 21, 2006. Such warrant was subsequently repriced and extended to October 20, 2010 and again repriced on November 4, 2008 and the term extended to November 3, 2013.
Documents
Issuer
SAGEMARK COMPANIES LTD
CIK 0000089041
Entity typeoperating
IncorporatedNY
Related Parties
1- filerCIK 0000089041
Filing Metadata
- Form type
- 5
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 2:16 PM ET
- Size
- 15.8 KB