Cohen Gregory D 4
4 · ECLIPS MEDIA TECHNOLOGIES, INC. · Filed Jan 4, 2011
Insider Transaction Report
Form 4
Cohen Gregory D
DirectorChief Executive Officer
Transactions
- Other
Common Stock, $0.0001 par value
2010-12-13−2,000,000→ 5,000,000 total(indirect: See footnote (1)) - Sale
Common Stock, $0.0001 par value
2011-01-03−4,900,000→ 100,000 total(indirect: See footnote (2))
Footnotes (2)
- [F1]Reporting Person was the indirect beneficial holder of 7,000,000 shares of common stock (the "Shares"), par value $0.0001 per share of the Issuer. Of the Shares, 5,500,000 are held by Colonial Ventures, LLC ("Colonial") and 1,500,000 are held by the Reporting Person's wife. Reporting Person has sole voting and dispositive power over the shares held by Colonial. On December 13, 2010, pursuant to an amendment of a Consulting Agreement between Colonial and the Issuer, 500,000 of Colonial's shares and the shares held by the Reporting Person's wife were cancelled.
- [F2]The Reporting Person sold 4,900,000 shares of his common stock in a private transaction.