Doheny Group, LLC 4
4 · Blow & Drive Interlock Corp · Filed Jan 10, 2019
Insider Transaction Report
Form 4
Doheny Group, LLC
10% Owner
Transactions
- Purchase
Series A Preferred Stock
2019-01-02+1,000,000→ 1,000,000 total - Purchase
Common Stock
2019-01-02+8,924,000→ 11,570,915 total
Footnotes (1)
- [F1]The Doheny Group, LLC, the largest creditor of Blow & Drive Interlock Corporation (BDIC), acquired 8,924,000 shares of BDIC common stock and 1,000,000 shares of BDIC Series A Preferred Stock from Laurence Wainer, the former sole officer and director of BDIC, for an aggregate purchase price of $30,000. The shares of BDIC Series A Preferred Stock are not convertible, but each share has voting rights equal to 100 shares of common stock. As a result, the 1,000,000 shares of BDIC Series A Preferred Stock has 100,000,000 votes on all matters brought before BDIC's common stockholders for a vote.