4//SEC Filing
Force Internationale Ltd 4
Accession 0001753571-18-000002
CIK 0001634293other
Filed
Oct 4, 8:00 PM ET
Accepted
Oct 5, 1:50 PM ET
Size
16.3 KB
Accession
0001753571-18-000002
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.
Documents
Issuer
Exceed World, Inc.
CIK 0001634293
Entity typeother
IncorporatedCayman Islands
Related Parties
1- filerCIK 0001753568
Filing Metadata
- Form type
- 4
- Filed
- Oct 4, 8:00 PM ET
- Accepted
- Oct 5, 1:50 PM ET
- Size
- 16.3 KB