4//SEC Filing
RADIANT CREATIONS GROUP, INC. 4
Accession 0001262463-15-000421
CIK 0001372184operating
Filed
Jun 11, 8:00 PM ET
Accepted
Jun 12, 10:26 AM ET
Size
10.5 KB
Accession
0001262463-15-000421
Insider Transaction Report
Form 4
Alexander Gary D.
DirectorCFO & Secretary10% Owner
Transactions
- Other
Series A Preferred Stock
2014-10-13+250,000→ 250,000 total(indirect: By LLC) - Other
Series B Preferred Stock
2014-10-13+5,000,000→ 5,000,000 total(indirect: By LLC) - Other
Common Stock
2014-10-13−5,000,000→ 1,250,000 total(indirect: By LLC)
Footnotes (5)
- [F1]The Company estimated the fair value of the 5,000,000 shares of common stock based on the trading price on date of the exchange, and the fair value of the preferred stock using a probability weighted expected return method (PWERM) and recorded expense equal to the excess of the fair value of the preferred stock over the common stock of $119,100.
- [F2]Shares held by Biodynamic Molecular Technologies, LLC a privately held company organized in the State of Florida of which Mr. Gary D. Alexander is a managing member and owns twenty five percent of Biodynamic Molecular Technologies, LLC.
- [F3]Series A Preferred Stock shall have two hundred (200) times the number of votes on all matters submitted to the shareholders that each shareholder of the Corporation's Common Stock (rounded to the nearest whole number) is entitled to vote at each meeting of the shareholders of the Corporation (and written actions of stockholders in lieu of meetings) with respect to any and all matters presented to the shareholders of the Corporation for their action or consideration. Holders of the Series A Preferred Stock shall vote together with the holders of Common Stock as a single class.
- [F4]Series B Preferred Stock shall, with respect to rights on redemption and rights on liquidation, winding up and dissolution, rank senior to (i) all classes of Common Stock, $0.00001 par value per share, of the Company (the "Common Stock") and (ii) any class or series of capital stock of the Company hereafter created (unless, with the consent of the Holder(s) of Series B Preferred Stock).
- [F5]Biodynamic Molecular Technologies, LLC agreed to cancel a total of 5,000,000 common shares of the Company in exchange for 250,000 shares of Series A Preferred stock and 5,000,000 shares of Series B Preferred stock.
Documents
Issuer
RADIANT CREATIONS GROUP, INC.
CIK 0001372184
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0001372184
Filing Metadata
- Form type
- 4
- Filed
- Jun 11, 8:00 PM ET
- Accepted
- Jun 12, 10:26 AM ET
- Size
- 10.5 KB