Home/Filings/4/0001204459-09-000588
4//SEC Filing

Chui Shu Keung 4

Accession 0001204459-09-000588

CIK 0001136331other

Filed

Mar 31, 8:00 PM ET

Accepted

Apr 1, 6:05 PM ET

Size

8.7 KB

Accession

0001204459-09-000588

Insider Transaction Report

Form 4
Period: 2007-10-10
Chui Shu Keung
DirectorChief Executive Officer10% Owner
Transactions
  • Award

    Common Stock, par value $0.00001 per share

    2009-03-30+11,947,80213,447,802 total
  • Award

    Common Stock, par value $0.00001 per share

    2007-10-10$1.00/sh+120,000$120,0001,500,000 total
Holdings
  • Common Stock, par value $0.00001 per share

    1,380,000
Footnotes (3)
  • [F1]Adjusted for a one-for-five reverse stock split of the Issuer's common stock, effected on January 10, 2006.
  • [F2]On October 10, 2007, the Reporting Person acquired an aggregate of 120,000 shares of the common stock of the Company (the "Shares"), for a purchase price of $1.00 per Share, or $120,000 in the aggregate, pursuant to a stock purchase agreement, dated October 10, 2007, among Junmin Xu, Wei Dong Hu and the Reporting Person.
  • [F3]On March 30, 2009, the Issuer completed a reverse acquisition transaction through a share exchange with TripMart Limited, a British Virgin Islands company ("TripMart"), and the owners of all issued and outstanding capital stock of TripMart, including the Reporting Person, who held an 84% interest in TripMart prior to the reverse acquisition. Pursuant to the reverse acquisition, the Issuer acquired 100% of the outstanding capital stock of TripMart in exchange for 14,200,000 shares of the Issuer's common stock, par value $0.00001. As a result of this transaction, the Reporting Person is now the beneficial owner of approximately 13,447,802, or 83.47% of the Issuer's outstanding common stock.

Issuer

Business Development Solutions, Inc.

CIK 0001136331

Entity typeother

Related Parties

1
  • filerCIK 0001310706

Filing Metadata

Form type
4
Filed
Mar 31, 8:00 PM ET
Accepted
Apr 1, 6:05 PM ET
Size
8.7 KB