4//SEC Filing
Kesner Glenn 4
Accession 0001144204-10-029399
CIK 0001058307other
Filed
May 19, 8:00 PM ET
Accepted
May 20, 7:28 PM ET
Size
9.1 KB
Accession
0001144204-10-029399
Insider Transaction Report
Form 4
Kesner Glenn
Director
Transactions
- Other
Series A Preferred Stock, $0.0001 par value
2010-04-21+3,000,000→ 3,000,000 total(indirect: See footnote)Exercise: $0.00From: 2010-04-21→ Common Stock (3,000,000 underlying)
Auracana LLC
10% Owner
Transactions
- Other
Series A Preferred Stock, $0.0001 par value
2010-04-21+3,000,000→ 3,000,000 total(indirect: See footnote)Exercise: $0.00From: 2010-04-21→ Common Stock (3,000,000 underlying)
Footnotes (4)
- [F1]This Form 4 is being filed by Glenn Kesner and Auracana LLC ("Auracana"). Auracana is owned 100% by Glenn Kesner, a director of the Issuer.
- [F2]Auracana was the holder of 1,500,000 shares of the series D preferred stock, par value $0.001 per share ("EEGT Preferred Stock") of EClips Energy Technologies, Inc., a Florida corporation and former parent of the Issuer ("EEGT"). Each share of EEGT Preferred Stock was entitled to five hundred (500) votes per share and was not convertible into shares of EEGT common stock. On April 21, 2010, EEGT merged with and into the Issuer for the purpose of changing the state of incorporation of the Issuer to Delaware from Florida, with the Issuer continuing as the surviving corporation (the "Merger"). Upon consummation of the Merger, each issued and outstanding share of EEGT Preferred Stock converted into two (2) shares of the Issuer's series A preferred stock, par value $0.0001 per share ("Preferred Stock").
- [F3]Each share of Preferred Stock shall be convertible, at the option of the holder, into one share of the Issuer's common stock and shall have a stated value of $0.0001 per share. Each share of Preferred Stock shall be entitled to vote on all matters submitted to shareholders of the Issuer and shall be entitled to two hundred fifty (250) votes for each share of Preferred Stock then outstanding. Upon consummation of the Merger, the Reporting Person received 3,000,000 shares of the Issuer's Preferred Stock.
- [F4]n/a
Documents
Issuer
ECLIPS MEDIA TECHNOLOGIES, INC.
CIK 0001058307
Entity typeother
Related Parties
1- filerCIK 0001492353
Filing Metadata
- Form type
- 4
- Filed
- May 19, 8:00 PM ET
- Accepted
- May 20, 7:28 PM ET
- Size
- 9.1 KB