Home > Insider Trading > Filing (0001144204-12-047422)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1097792	Medianet Group Technologies Inc	MEDG	Services-Business Services, Nec (7389)	134067623

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1052910	Lester Rosenkrantz	1801 S. Flagler Drive, Apt. 1703 West Palm Beach FL 33401		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Disposition	2012-08-17	25,000	$0.41	850,000	No	4	S	Direct
Common Stock	Disposition	2012-08-17	15,000	$0.41	835,000	No	4	S	Direct
Common Stock	Disposition	2012-08-20	6,452	$0.41	828,548	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Footnotes

In connection with the appointment of the Reporting Person as a Director of MediaNet Group Technologies, Inc. (the "Company"), on April 7, 2011, the Company issued two million shares of restricted common stock of the Company to the Reporting Person for $0.001 per share. The Reporting Person's interest in the shares of common stock vests as to 250,000 shares at the end of each of the eight calendar quarters immediately following April 7, 2011, beginning June 30, 2011. Until vested, shares may not be transferred by the Reporting Person and are subject to forfeiture upon the Reporting Person's cessation of services to the Company, other than on account of the Reporting Person's death or disability.