Force Internationale Ltd 4
4 · Exceed World, Inc. · Filed Oct 5, 2018
Insider Transaction Report
Form 4
Force Internationale Ltd
10% Owner
Transactions
- Purchase
Common Shares
2018-09-26+12,700,000→ 27,594,000 total - Sale
Common Shares
2016-04-01$0.00/sh−140,000$280→ 19,860,000 total(indirect: See Footnote 1) - Sale
Common Shares
2016-08-09$0.10/sh−3,300$330→ 19,856,700 total(indirect: See Footnote 2) - Other
Common Shares
2016-10-28−19,000,000→ 856,700 total(indirect: See Footnote 1) - Other
Common Shares
2016-10-28+16,657,300→ 17,134,000 total(indirect: See Footnote 1) - Sale
Common Shares
2017-07-07$0.02/sh−2,240,000$38,080→ 14,894,000 total(indirect: See Footnote 6) - Purchase
Common Shares
2018-09-26$0.00/sh+14,894,000$25,320→ 14,894,000 total
Footnotes (8)
- [F1]The Reporting Person, as of April 1, 2016 and until September 26, 2018, was a 100% owner of Force International Holdings Ltd. which was, during the same time period, a 100% owner of e-Learning, which as of April 1, 2016 was a 74.5% owner of the Issuer.
- [F2]Force Internationale Ltd.'s indirect ownership was reduced when e-Learing sold 3,300 of its common shares of the Issuer to unrelated parties.
- [F3]Force Internationale Ltd.'s indirect ownership was reduced when e-Learning sold 140,000 of its shares of common stock of the Issuer.
- [F4]On October 28, 2016, the Issuer, with the approval of its Board of Directors and majority shareholders, authorized the cancellation of 19,000,000 shares of common stock of the Issuer owned by e-Learning. e-Learning consented to the cancellation.
- [F5]On October 28, 2016, the Issuer authorized a 1:20 forward split of its shares of common stock.
- [F6]e-Learning sold 2,240,000 its shares of common stock of the Issuer reducing the Reporting Person's indirect ownership to 14,894,000 common shares.
- [F7]On September 26, 2018, Force Internationale Ltd. entered into a Share Purchase Agreement with its 100% owned subsidiary e-Learning Laboratory Co., Ltd, ("e-Learning") under which e-Learning transferred its 14,894,000 shares of the common stock of the Issuer to Force Internationale Ltd. in exchange for $26,000.00
- [F8]On September 26, 2018, the Issuer acquired Force International Holdings Ltd. from Force Internationale Ltd. and issued 12,700,000 shares of its common stock to Force Internationale Ltd. as consideration.