SILICON SOUTH INC 4
4 · SILICON SOUTH INC · Filed Jul 25, 2011
Insider Transaction Report
Form 4
HAUFF BRIAN
DirectorCEO, President10% Owner
Transactions
- Other
common stock
2011-07-19$0.00/sh−875,000$875→ 6,250,000 total(indirect: 50% owner of Asiamera Capital, so deemed to own 1,250,000 shares)
Footnotes (5)
- [F1]Asiamera Capital, a founder of the Company, transferred a total of 1,750,000 shares on behalf of the Company to 3 individuals, pursuant to these agreements entered into by the Company: (a) Share Transfer Agreement with Karel V. Galland, dated May 13, 2011, as part of the purchase price for ECOfluid Systems, Inc.'s USBF patent and technology; (b) Consulting Agreement with Xinlin Huang dated June 1, 2011; and (c) Consulting Agreement with Grace Matsutani dated June 1, 2011.
- [F2]Asiamera Capital transferred a total of 1,750,000 common stock. Mr Hauff owns 50% of Asiamera Capital, Inc., as such Mr. Hauff is deemed to indirectly beneficially own 50% of the shares (equal to 875,000 common stock) disposed of through this transfer.
- [F3]transaction set at par value
- [F4]This figure represents 5,000,000 common stock beneficially owned directly by Mr. Hauff, as well as 1,250,000 common stock deemed to be beneficially owned indirectly by Mr. Hauff through his 50% ownership of Asiamera Capital, Inc. which holds 2,500,000 common stock.
- [F5]No change in 5,000,000 common stock beneficially owned directly. Reporting only on disposition of indirectly beneficially owned stock, owned by Asiamera Capital, Inc.