Home > Insider Trading > Filing (0001140361-10-026163)

Filing Details

Accession Number:: 0001140361-10-026163
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-06-18 13:00:00
Reporting Period:: 2010-06-14

Filing Date:: 2010-06-18
Accepted Time:: 2010-06-18 17:14:34
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1329605	Platinum Energy Resources Inc	PGRI	Crude Petroleum & Natural Gas (1311)	141928384

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1429082	Syd Ghermezian	944 West Sahara Avenue Suite 240 Las Vegas NV 89117		No	No	Yes	No
1465409	Pacific International Group Holdings Llc	9440 West Sahara Avenue Suite 240 Las Vegas NV 89117		No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.0001 Per Share	Acquisiton	2010-06-14	10,260	$0.00	12,725,523	No	4	P	Direct
Common Stock, Par Value $0.0001 Per Share	Acquisiton	2010-06-14	10,260	$0.00	12,725,523	No	4	J	Indirect	See footnotes
Common Stock, Par Value $0.0001 Per Share.	Acquisiton	2010-06-15	34,000	$0.00	12,759,523	No	4	P	Direct
Common Stock, Par Value $0.0001 Per Share.	Acquisiton	2010-06-15	34,000	$0.00	12,759,523	No	4	J	Indirect	See footnotes
Common Stock, Par Value $0.0001 Per Share.	Acquisiton	2010-06-16	101,982	$0.00	12,861,505	No	4	P	Direct
Common Stock, Par Value $0.0001 Per Share.	Acquisiton	2010-06-16	101,982	$0.00	12,861,505	No	4	J	Indirect	See footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	J	Indirect	See footnotes
No	4	P	Direct
No	4	J	Indirect	See footnotes
No	4	P	Direct
No	4	J	Indirect	See footnotes

Footnotes

This is a joint filing by Pacific International Group Holdings LLC ("Pacific") and Syd Ghermezian (collectively, the "Reporting Persons"). (continued in footnote 2)
(continued from footnote 1) On June 14, 2010, Pacific agreed to acquire an aggregate of 10,260 shares of Common Stock from certain third parties (the "Sellers") for the cash price of $0.30 per share, or the aggregate amount of $3,078.00. On June 15, 2010, Pacific agreed to acquire an aggregate of 34,000 shares of Common Stock from the Sellers for the cash price of $0.30 per share, or the aggregate amount of $10,200.00. On June 16, 2010, Pacific agreed to acquire an aggregate of 101,982 shares of Common Stock from the Sellers for the cash price of $0.30 per share, or the aggregate amount of $30,594.60. (continued in footnote 3)
(continued from footnote 2) At the suggestion of the Sellers, the Reporting Persons also agreed to make a charitable donation in the amount of $85,000 to a mutually designated, third-party 501(c)(3) qualified, not-for-profit charity organization. (continued in footnote 4)
(continued from footnote 3) The ultimate economic interest in Pacific is held by certain members of the Ghermezian family through their direct or indirect ownership of various entities that own Pacific. Syd Ghermezian is the Manager of Pacific. As such, Mr. Ghermezian may be deemed to be the indirect beneficial owner with shared voting and dispositive power of the shares of Common Stock that Pacific may be deemed to directly beneficially own. Therefore, Mr. Ghermezian may be deemed to be the indirect beneficial owner with shared voting and dispositive power of the aggregate 146,242 shares of Common Stock that Pacific has agreed to acquire. (continued in footnote 5)
(continued from footnote 4) Pacific and Mr. Ghermezian may be regarded as a group. However, Pacific and Mr. Ghermezian disclaim beneficial ownership of the securities owned directly or indirectly by each other, except for their respective pecuniary interests therein. Pacific and Mr. Ghermezian also disclaim membership in any group. This filing shall not constitute an acknowledgement that either Pacific or Mr. Ghermezian is part of any group.