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
- 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.