KLOK MARK DANIEL 4
4 · Alto Group Holdings Inc. · Filed Mar 15, 2010
Insider Transaction Report
Form 4
KLOK MARK DANIEL
DirectorChief Executive Officer10% Owner
Transactions
- Purchase
Common Stock
2010-03-12$0.09/sh+10,000,000$900,000→ 66,000,000 total(indirect: See Footnote)
Footnotes (1)
- [F1]On March 12, 2010, Alto Group Holdings, Inc. (the "Company") acquired certain assets of Mexican Hunter Exploration S.A. de C.V. ("MHE"), a company engaged in mining exploration and development in Mexico. The assets consisted of two mining concessions known as Los Tres Machos (The Three Mules) and Zuna, in Jalisco Mexico. In exchange for these assets, in addition to certain exploration and development undertakings, the Company also issued 10,000,000 shares of restricted common stock to MHE. MHE is owned and controlled by Robert Howie and Mark Klok, both of whom are members of the board of directors of the Company. Mr. Klok is also the Company's Chief Executive Officer and the controling shareholder of the Company. The transaction was approved by a majority of the Company's disinterested directors.