Filing Details
- Accession Number:
- 0001019687-12-004332
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-11-29 16:05:46
- Reporting Period:
- 2012-09-24
- Filing Date:
- 2012-11-29
- Accepted Time:
- 2012-11-29 16:05:46
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1357531 | Velatel Global Communications Inc. | VELA | Radiotelephone Communications (4812) | 980489800 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1470123 | Kenneth Hobbs | 5950 La Place Ct., Suite 160 Carlsbad CA 92008 | Vp Of Mergers & Acquisitions | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Series A Common Stock | Disposition | 2012-09-24 | 25,000 | $0.04 | 199,398 | No | 4 | S | Direct | |
| Series A Common Stock | Disposition | 2012-09-25 | 295 | $0.03 | 199,103 | No | 4 | S | Direct | |
| Series A Common Stock | Disposition | 2012-09-28 | 721 | $0.02 | 198,382 | No | 4 | S | Indirect | IRA |
| Series A Common Stock | Acquisiton | 2012-11-21 | 2,129,520 | $0.02 | 2,327,902 | No | 4 | A | Indirect | IRA |
| Series A Common Stock | Acquisiton | 2012-11-21 | 1,526,792 | $0.03 | 3,854,694 | No | 4 | A | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Indirect | IRA |
| No | 4 | A | Indirect | IRA |
| No | 4 | A | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Series A Common Stock | Warrants | Acquisiton | 2012-11-21 | 2,129,520 | $0.00 | 0 | $0.02 |
| Series A Common Stock | Warrants | Acquisiton | 2012-11-21 | 1,526,792 | $0.00 | 0 | $0.03 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2012-11-21 | 2015-11-21 | No | 4 | A | Indirect |
| 0 | 2012-11-21 | 2015-11-21 | No | 4 | A | Direct |
Footnotes
- Until disposed of on 9/28/2012, total securities beneficially owned included 721 shares held in an Individual Retirement Account of which the reporting person is the beneficiary
- After acquisition on 11/21/2012, total securities beneficially owned include 2,129,520 shares held in an Individual Retirement Account of which the reporting person is the beneficiary
Billionaire Hedge Funds
