Filing Details
- Accession Number:
- 0001213900-12-006973
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-12-26 10:02:40
- Reporting Period:
- 2012-12-21
- Filing Date:
- 2012-12-26
- Accepted Time:
- 2012-12-26 10:02:40
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
896726 | Geoglobal Resources Inc. | GGR | Drilling Oil & Gas Wells (1381) | 330464753 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1535857 | Ltd. Energy Company- Development Land Israel | 2 Shenkar Street Tel-Aviv L3 | No | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock, Par Value $0.001 Per Share | Disposition | 2012-12-24 | 7,816 | $0.07 | 48,638,829 | No | 4 | S | Direct | |
Common Stock, Par Value $0.001 Per Share | Disposition | 2012-12-24 | 49,765 | $0.07 | 48,589,064 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Warrant | Acquisiton | 2012-12-21 | 43,636,593 | $0.00 | 43,636,593 | $0.07 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
43,636,593 | 2013-02-21 | 2017-12-21 | No | 4 | J | Direct |
Footnotes
- Pursuant to the Warrant issued to Israel Land Development Company - Energy Ltd. (ILDE) on December 21, 2012, the exercise price of the Warrant is the lower of (i) $0.067 and (ii) the VWAP (the dollar volume-weighted average price) for the Common Stock for the fourteen (14) trading days ending on February 21, 2013, subject to adjustment as provided therein.
- Pursuant to a Letter Agreement between ILDE and GGR dated December 20, 2012, the Warrant in the amount of 16,466,639 that was issued to the Company on March 29, 2012 with an exercise price of $.30 and disclosed on Form 4 filed with the Commission on April 2, 2012 was canceled and replaced with this Warrant in the amount of 43,636,593 issued to ILDE on December 21, 2012.