Filing Details

Accession Number:
0001079973-14-000118
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-02-13 15:45:25
Reporting Period:
2014-01-31
Filing Date:
2014-02-13
Accepted Time:
2014-02-13 15:45:25
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1393631 Xhibit Corp. XBTC-OTCBB Services-Advertising (7310) 200853320
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1579697 J Jahm Najafi 2525 E Camelback Rd, Suite 850
Phoenix AZ 85016
Yes No 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 Stock, Par Value $0.0001 Per Share Acquisiton 2014-01-31 393,701 $1.27 59,833,701 No 4 P Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See footnote
Footnotes
  1. 393,701 shares of Xhibit Common Stock acquired by SMXE Lending, LLC, in conversion of $500,000 of principal amount of loan. SMXE Lending, LLC is the sole member of SMXE Lending Holdings, LLC, of which TNC Group, Inc. is the Manager. 15,000,000 shares of Xhibit Common Stock held by X Shares, LLC, of which TNC Group, Inc. is the Manager. 44,440,000 shares of Xhibit Common Stock held by XSE, LLC, of which TNC Group, Inc. is the Manager. TNC Group has sole authority to direct the voting and investment control over the shares on behalf of SMXE Lending, LLC, X Shares, LLC and XSE, LLC. The reporting person is a director and officer of TNC Group, Inc.