Morris Ira 4
4 · Sandalwood Ventures · Filed Jul 17, 2012
Insider Transaction Report
Form 4
Sandalwood VenturesSWDZ.OB
Morris Ira
10% Owner
Transactions
- Other
Common Stock
2012-06-25−1,070,000,000→ 50,000,000 total - Other
Common Stock
2012-06-25−1,000→ 0 total - Other
Common Stock
2012-06-25+1,120,000,000→ 1,120,000,000 total
Footnotes (2)
- [F1]Effective June 25, 2012, pursuant to a Stock Purchase Agreement (as amended and restated) the Reporting Person sold 280,000,000 shares of the Registrant's common stock for an aggregate of $1,400 and 250 shares of the Registrant's Series A Preferred Stock.
- [F2]On June 25, 2012, with a closing date June 29, 2012, the Registrant entered into a Share Exchange Agreement with Eco-Tek Group, Inc., and Ontario corporation ("Eco-Tek") and its shareholders, including the Reporting Person (the "Eco-Tek" Shareholders"). The Eco-Tek Shareholders received and aggregate of 125,000,000 shares of the Registrant's common stock in connection with the Share Exchange Agreement and the Reporting Person received 26,112,813 of such shares.