Filing Details

Accession Number:
0001472375-13-000098
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-05-02 16:26:56
Reporting Period:
2013-05-01
Filing Date:
2013-05-02
Accepted Time:
2013-05-02 16:26:56
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1420569 Pulse Beverage Corp PLSB Bottled & Canned Soft Drinks & Carbonated Waters (2086) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1325741 Francis Chiew 20A, Time Centre 535-55 Hollywood Rd.
Central Hong Kong K3
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 Explanation
Common Stock Disposition 2013-05-01 2,989,873 $0.00 108,055 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. Explanation of Sale:- 1,500,000 shares were purchased by Robert Yates, CEO and Director of the Company, for $1,500 pursuant to a Share Purchase Agreement.- 500,000 shares were purchased by Parley Sheya, Director of the Company, for $500 pursuant to a Share Purchase Agreement.- 989,873 shares were purchased by three individual shareholders, founding shareholders of the Company, for $990 pursuant to three separate Share Purchase Agreements. These shares have a new 12 month hold period.The remaining 108,055 owned by Mr. Chiew are subject to a Lock-Up agreement with the Company. The Lock-Up agreement essentially provides that Mr. Chiew will not sell his remaining shares until after July 31, 2013. If at any time after July 31, 2013 and before December 31, 2013, Mr. Chiew decides to sell these shares, the Company has the right to buy the shares at the prevailing market price.