Filing Details
- Accession Number:
- 0001432093-11-000006
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-01-03 10:54:51
- Reporting Period:
- 2010-10-01
- Filing Date:
- 2011-01-03
- Accepted Time:
- 2011-01-03 10:54:51
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1301299 | Siberian Energy Group Inc. | SIBN.OB | Drilling Oil & Gas Wells (1381) | 522207080 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1489376 | D David Zaikin | 330 Madison Ave. 6Th Floor New York NY 10017 | Ceo | Yes | 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 Stock | Acquisiton | 2010-10-01 | 10,483,895 | $0.11 | 11,243,895 | No | 4 | J | Direct | |
| Common Stock | Acquisiton | 2010-11-26 | 30,000 | $0.04 | 11,273,895 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | J | Direct | |
| No | 4 | P | Direct |
Footnotes
- In October 2010, the Issuer entered into Debt Conversion Agreements with nine (9) creditors of the Issuer including Mr. Zaikin, the Issuer's Chief Executive Officer and Director, who converted $1,153,228 of debt owed to him by the Issuer into 10,483,895 shares of restricted common stock at the rate of one share for each $0.11 of debt converted (the "Conversion"). The Conversion price of $0.11 per share was calculated based on the average market price of the Issuer's common stock on the Over-The-Counter Bulletin Board for the six months prior to September 30, 2010.
Billionaire Hedge Funds
