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
- 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.