Home/Filings/4/0001585604-15-000002
4//SEC Filing

HCi Viocare 4

Accession 0001585604-15-000002

CIK 0001402737operating

Filed

Jul 28, 8:00 PM ET

Accepted

Jul 29, 8:43 AM ET

Size

5.3 KB

Accession

0001585604-15-000002

Insider Transaction Report

Form 4
Period: 2015-05-28
Leontaritis Sotirios
DirectorPresident, Treasurer10% Owner
Transactions
  • Other

    Common shares

    2015-05-28$0.03/sh+11,291,033$338,73120,524,366 total
Footnotes (1)
  • [F1]On May 28, 2015, as disclosed on Form 8-K as filed with the Securities and Exchange Commission on June 3, 2015, HCI Viocare (the "Company") entered into a Debt Settlement and Subscription Agreement with the President of the Company, Sotirios Leontaritis ("Leontaritis"). Under the terms of a convertible note payable entered into as of July 25, 2014, the Company was indebted to Leontaritis in the amount of EUR$300,000, accruing simple interest at a rate of 5% per annum (the "Debt"). Leontaritis agreed to accept 11,291,033 shares of the Company's common stock at a price of US$0.03 per share in full and final settlement of the Debt plus accrued interest totaling EUR$311,125 (USD$338,731) as at May 28, 2015.

Issuer

HCi Viocare

CIK 0001402737

Entity typeoperating
IncorporatedNV

Related Parties

1
  • filerCIK 0001402737

Filing Metadata

Form type
4
Filed
Jul 28, 8:00 PM ET
Accepted
Jul 29, 8:43 AM ET
Size
5.3 KB