Home/Filings/4/0001209191-08-039153
4//SEC Filing

CULP TIM G 4

Accession 0001209191-08-039153

CIK 0001329605other

Filed

Jun 25, 8:00 PM ET

Accepted

Jun 26, 5:13 PM ET

Size

5.8 KB

Accession

0001209191-08-039153

Insider Transaction Report

Form 4
Period: 2008-06-24
CULP TIM G
DirectorChairman of the Board
Transactions
  • Other

    Common Stock

    2008-06-24+2,115,9762,115,976 total
Footnotes (1)
  • [F1]On October 26, 2007, Platinum Energy Resources, Inc., a Delaware corporation (the "Issuer") consummated the acquisition of substantially all of the assets of Tandem Energy Corporation, a Colorado corporation ("TEC"), then a wholly-owned subsidiary of Tandem Energy Holdings, Inc., a Nevada corporation ("Tandem"). As part of the consideration for the assets, the Issuer issued 7,692,308 shares of its common stock to TEC. On March 11, 2008, TEC was dissolved by merger into Tandem. Tandem, the surviving corporation in the merger, acquired the assets of TEC which consisted of 7,692,308 shares of the Issuer's common stock. On June 24, 2008, Tandem dissolved under the laws of the State of Nevada. As part of Tandem's dissolution, the 7,692,308 shares of common stock held by Tandem will be distributed to its shareholders in a liquidating distribution, which includes 2,115,976 shares that will be distributed to the reporting person.

Issuer

PLATINUM ENERGY RESOURCES INC

CIK 0001329605

Entity typeother

Related Parties

1
  • filerCIK 0001417572

Filing Metadata

Form type
4
Filed
Jun 25, 8:00 PM ET
Accepted
Jun 26, 5:13 PM ET
Size
5.8 KB