4//SEC Filing
WANG SHENGFENG (JUSTIN) 4
Accession 0001504996-11-000002
CIK 0001093928other
Filed
Nov 28, 7:00 PM ET
Accepted
Nov 29, 12:41 PM ET
Size
6.3 KB
Accession
0001504996-11-000002
Insider Transaction Report
Form 4
WANG SHENGFENG (JUSTIN)
DirectorCFO, Secretary
Transactions
- Other
Common Stock
2011-11-23$0.00/sh+50,000$50→ 5,300,000 total(indirect: 50% owner of Asiamera Capital, so deemed to own 1,300,000 shares)
Footnotes (5)
- [F1]In July 2011, Asiamera Capital, a founder of the Company, transferred 250,000 shares on behalf of the Company to Xinlin Huang, in accordance with the Consulting Agreement dated June 1, 2011. However, effective Sept 30, 2011, Ms. Huang resigned, terminating the agreement and agreed to return 100,000 shares after completing only 4 months of the anticipated 3-year term of the agreement.
- [F2]Asiamera Capital, Inc., has received 100,000 returned common stock. Mr. Wang owns 50% of Asiamera Capital, as such Mr. Wang is deemed to indirectly beneficially own 50% of the shares (or 50,000) acquired through this return transfer.
- [F3]The original transfer was valued at par value.
- [F4]This figure represents 2,000,000 common stock beneficially owned directly by Mr. Wang, in addition to 2,000,000 common stock owned by Mr Wang's wife (Jieyuan Wang) deemed to be beneficially owned indirectly by Mr. Wang, and as well as 1,300,000 common stock deemed to be beneficially owned indirectly by Mr. Wang through his 50% ownership of Asiamera Capital, Inc., which holds 2,600,000 common stock.
- [F5]There is no change in 2,000,000 common stock beneficially owned directly. Reporting only on the return acquisition of indirectly beneficially owned stock, owned by Asiamera Capital, Inc.
Documents
Issuer
SILICON SOUTH INC
CIK 0001093928
Entity typeother
Related Parties
1- filerCIK 0001504996
Filing Metadata
- Form type
- 4
- Filed
- Nov 28, 7:00 PM ET
- Accepted
- Nov 29, 12:41 PM ET
- Size
- 6.3 KB