5//SEC Filing
NELSON ERIK S 5
Accession 0001683168-24-002212
CIK 0001945619other
Filed
Apr 7, 8:00 PM ET
Accepted
Apr 8, 5:11 PM ET
Size
6.0 KB
Accession
0001683168-24-002212
Insider Transaction Report
Form 5
NELSON ERIK S
DirectorSecretary
Transactions
- Purchase
Common Stock
2023-12-14$0.05/sh+1,000,000$50,000→ 2,000,000 total(indirect: Owned by Coral Investment Partners, LP)
Footnotes (2)
- [F1]Price is based upon the conversion of $50,000 of indebtedness due to the Coral Investment Partners, LP into 1,000,000 shares of common stock.
- [F2]Coral Investment Partners, LP ("Coral"), a Georgia limited partnership, has direct beneficial ownership of all the securities owned by Coral. Sterling Management Services, LLC ("SMS"), a Georgia limited liability company, is the general partner of Coral, and may be deemed to have indirect beneficial ownership of all or a portion of the securities owned directly by Coral, but disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein. Erik S. Nelson is the owner and manager of SMS, and may be deemed to have indirect beneficial ownership of all or a portion of the securities owned directly by Coral and SMS., but disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
Documents
Issuer
Kinetic Seas Inc.
CIK 0001945619
Entity typeother
Related Parties
1- filerCIK 0001197568
Filing Metadata
- Form type
- 5
- Filed
- Apr 7, 8:00 PM ET
- Accepted
- Apr 8, 5:11 PM ET
- Size
- 6.0 KB