4//SEC Filing
Dunne Paul Kelley 4
Accession 0001213900-21-051425
CIK 0001407573other
Filed
Oct 4, 8:00 PM ET
Accepted
Oct 5, 4:01 PM ET
Size
12.9 KB
Accession
0001213900-21-051425
Insider Transaction Report
Form 4
Dunne Paul Kelley
DirectorChief Executive Officer
Transactions
- Other
Series A Preferred Stock
2021-10-01+371,215.3→ 371,215.3 total(indirect: By LLC)From: 2021-10-01→ Common Stock (185,607,643 underlying) - Other
Preferred Stock
2021-10-01−1,800,000→ 1,800,000 total→ Common Stock (54,000,000 underlying) - Other
Series A Preferred Stock
2021-10-01+593,944.5→ 593,944.5 totalFrom: 2021-10-01→ Common Stock (296,972,229 underlying) - Other
Preferred Stock
2021-10-01−1,125,000→ 1,125,000 total(indirect: By LLC)→ Common Stock (33,750,000 underlying)
Footnotes (5)
- [F1]Each share of Preferred Stock converts into 30 shares of common stock.
- [F2]Pursuant to a reclassification exempt under Rule 16b-7, 10,000,000 shares of Preferred Stock were reclassified into and exchanged for 3,094,503.43 shares of Series A Preferred Stock.
- [F3]The shares of preferred stock were acquired in connection with the Share Exchange Agreement dated August 12, 2021, between the Issuer, Mikab Corporation, the shareholders of Mikab and DR Shell LLC.
- [F4]Each share of Series A Preferred Stock converts into 500 shares of common stock, subject to customary adjustments.
- [F5]The Series A Preferred Stock has no expiration date, except that it will be automatically converted immediately upon the effectiveness of a one-for-100 reverse stock split of the Issuer's issued and outstanding common stock.
Documents
Issuer
PhoneBrasil International Inc
CIK 0001407573
Entity typeother
Related Parties
1- filerCIK 0001878617
Filing Metadata
- Form type
- 4
- Filed
- Oct 4, 8:00 PM ET
- Accepted
- Oct 5, 4:01 PM ET
- Size
- 12.9 KB