Filing Details

 

United states

Securities and exchange commission

WashinGton, d.c. 20549

 

Schedule 13G/A

Under the securities exchange act of 1934

(Amendment No. 2)

 

 

GREEN INNOVATIONS LTD.

(Name of Issuer)

 

 

Common Stock

(Title of Class of Securities)

 

 

39305T106

(CUSIP Number)

 

 

March 9, 2016

(Date of Event which requires filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

¨

Rule 13d-1(b)

x

Rule 13d-1(c)

¨

Rule 13d-1(d)

 

 

  

*

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

1.

NAME OF REPORTING PERSON

 

Ironridge Global IV, Ltd. (“IV”)

 

ITEM 4: Ownership

 

Pursuant to an order modifying prior order for approval of stipulation for settlement of claims between IV and the issuer entered on March 9, 2016 following a Section 3(a)(10) fairness hearing, the issuer will issue IV an additional 4,432,000 unrestricted and freely tradable exempted shares of its common stock and IV may immediately resell all of the shares without restriction and without registration of the shares or of IV under the California Corporations Code, Securities Exchange Act of 1934 or Securities Act of 1933, pursuant to the exemptions provided by Cal. Corp. Code §§ 25017(f)(3) and 25004(a)(4), and the parallel provisions of 15 U.S.C. §§ 77c(a)(10) and 78c(a)(5)(B). There will be no further additional issuances of shares pursuant to the stipulation.

 

ITEM 5: Ownership of Five Percent or Less of a Class.

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities check the following box: þ

 

ITEM 10: Certifications.

 

By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect.

 

SIGNATURES

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Dated: March 9, 2016	IRONRIDGE GLOBAL IV, LTD.
	By:	/s/ Theresa Felix
	Name:	Theresa Felix
	Its:	Director