Filing Details

Accession Number:
0001062993-10-000155
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-01-19 12:00:00
Reporting Period:
2009-10-19
Filing Date:
2010-01-19
Accepted Time:
2010-01-19 12:46:44
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1297203 Hs3 Technologies Inc. HSTH Communications Services, Nec (4899) 203598613
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1187183 S William Dickey Chief Operating Officer No Yes 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 Shares Acquisiton 2009-10-29 4,500,000 $0.05 5,500,000 No 4 P Direct
Common Shares Acquisiton 2009-11-24 8,000,000 $0.05 13,500,000 No 4 C Direct
Common Shares Disposition 2009-12-31 5,000,000 $0.10 0 No 4 S Indirect DQ Investment Group
Common Shares Acquisiton 2009-12-31 5,000,000 $0.10 18,500,000 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 C Direct
No 4 S Indirect DQ Investment Group
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Shares Convertible Note Disposition 2009-11-24 8,000,000 $0.05 8,000,000 $0.05
Common Shares Convertible Note Acquisiton 2009-11-24 6,000,000 $0.05 6,000,000 $0.05
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2009-11-24 2009-11-24 No 4 C Direct
6,000,000 2009-11-24 2009-11-24 No 4 J Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Shares 5,000,000 Indirect DQ Investment Group
Common Shares 1,000,000 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Shares Convertible Note $0.10 2009-02-01 2009-02-01 7,000,000 7,000,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2009-02-01 7,000,000 7,000,000 Direct
Footnotes
  1. The Convertible Note was issued pursuant to a debt conversion agreement dated February 1, 2009 in the amount of $700,000. The proceeds are payable on demand.
  2. The note of payable upon demand.
  3. On November 6, 2009, the Issuer and Mr. Dickey entered into a debt settlement and subscription agreement wherein Mr. Dickey agreed to subscriber for 8,000,000 shares of common stock of the Issuer at a purchase price of $0.05 per share, or $400,000. In lieu of a cash payment to the Issuer, the shares of common stock were issued to Mr. Dickey as payment of an outstanding debt owed to Mr. Dickey in the amount of $700,000 and a new subordinated note was issued in the amount of $300,000, the balance remaining under the original subordinated note.