Filing Details
- Accession Number:
- 0001144204-12-030373
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-05-17 13:00:00
- Reporting Period:
- 2012-05-15
- Filing Date:
- 2012-05-17
- Accepted Time:
- 2012-05-17 16:40:37
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1097792 | Medianet Group Technologies Inc | MEDG | Services-Business Services, Nec (7389) | 134067623 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1052910 | Lester Rosenkrantz | 1801 S. Flagler Drive, Apt. 1703 West Palm Beach FL 33401 | 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 | 2012-05-15 | 20,000 | $0.30 | 789,726 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2012-05-16 | 2,527 | $0.29 | 787,199 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Footnotes
- In connection with the appointment of the Reporting Person as a Director of MediaNet Group Technologies, Inc. (the "Company"), on April 7, 2011, the Company issued two million shares of restricted common stock of the Company to the Reporting Person for $0.001 per share. The Reporting Person's interest in the shares of common stock vests as to 250,000 shares at the end of each of the eight calendar quarters immediately following April 7, 2011, beginning June 30, 2011. Until vested, shares may not be transferred by the Reporting Person and are subject to forfeiture upon the Reporting Person's cessation of services to the Company, other than on account of the Reporting Person's death or disability.
Billionaire Hedge Funds
