Filing Details
- Accession Number:
- 0001185185-11-000144
- Form Type:
- 5
- Zero Holdings:
- No
- Publication Time:
- 2011-02-14 12:00:00
- Reporting Period:
- 2010-12-31
- Filing Date:
- 2011-02-14
- Accepted Time:
- 2011-02-14 13:08:24
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1370030 | Flex Fuels Energy Inc. | FXFL | Metal Mining (1000) | 205242826 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1384472 | Thomas Barr | 46 Chobham Road Ottershaw Surrey X0 KT16 0NN | Ceo | Yes | 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 |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock, Par Value, $.001 Per Share | Acquisiton | 2010-01-08 | 100,000 | $0.03 | 849,382 | No | 5 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 5 | P | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Warrants | Acquisiton | 2009-10-22 | 5,800,000 | $0.00 | 0 | $0.07 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
5,800,000 | No | 5 | A | Direct |
Footnotes
- The 5,800,000 warrants, 2,175,000 of which are vested (725,000 vested on each of October 22, 2009; December 31, 2009; and December 31,2010), are exercisable for the purchase of one share of Issuer's common stock for a period of seven years from the date of vesting at an exercise price of $0.07 per share. The warrants contain cashless exercise and piggyback registration provisions and are subject to adjustment in the event of stock splits, recapitalizations or reclassifications of our common stock. Of the 3,625,000 unvested warrants: 725,000 vest on December 31, 2011. 1,450,000 vest when and if the Issuer's common stock achieves an average closing price of at least $0.45 per share over a period of 20 consecutive trading days on or prior to October 21, 2012 and 1,450,000 vest when and if the stock achieves an average closing price of at least $1.00 per share over a period of 20 consecutive trading days on or prior to October 21, 2012.