ROCHON WILLIAM JOHN PHILIP 4
4 · Computer Vision Systems Laboratories Corp. · Filed Apr 12, 2013
Insider Transaction Report
Form 4
ROCHON WILLIAM JOHN PHILIP
Director10% Owner
Transactions
- Other
Common Stock
2013-04-09+25,000,000→ 49,750,000 total
Footnotes (2)
- [F1]John Rochon Jr. ("Rochon") acquired 25,000,000 shares of the common stock of Computer Vision Systems Laboratories, Corp. (the "Issuer") from Rochon Capital Partners, Ltd. ("Rochon Capital") in exchange for Rochon's issuance to Rochon Capital of a $250,000 promissory note.
- [F2]In addition to owning the 25,000,000 shares of the Issuer's common stock directly acquired by Rochon from Rochon Capital, as the sole trustee of The William John Philip Rochon 2010 Dynasty Trust, Rochon may be deemed the beneficial owner of 24,750,000 shares held by that trust. Rochon also may be deemed the beneficial owner of the number of shares of the Issuer's common stock into which a Convertible Subordinated Unsecured Promissory Note in the original principal amount of $20,000,000, bearing interest at the annual rate of 4% (the "Note"), is convertible. The Note is held by Richmont Capital Partners V LP (the "Partnership"). John Rochon Jr. is the 100% owner, and is in control, of Richmont Street LLC, the sole general partner of the Partnership.