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Filing Details

Accession Number:: 0001010412-14-000101
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-05-16 13:47:21
Reporting Period:: 2014-01-23

Filing Date:: 2014-05-16
Accepted Time:: 2014-05-16 13:47:21
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
830483	Oak Ridge Energy Technologies Inc.	OKME	Miscellaneous Electrical Machinery, Equipment & Supplies (3690)	841077242

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1593366	Portfolio Segregated Fund Prescient Of Behalf On Spc Management Fund Precept	Ground Floor, Harbour Centre 42, North Church Street, P.o. Box 1569 George Town, Grand Cayman E9 KY1-1110	No	No	Yes	No
1594537	Ltd Management Asset Precept	Ground Floor, Harbour Centre 42, North Church Street, P.o. Box 1569 George Town, Grand Cayman E9 KY1-1110	No	No	No	Yes
1594682	J Stephen Barber	Level 1 16 O'Connell Street Sydney C3 NSW 2000	No	No	No	Yes

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
Common Stock	Acquisiton	2014-01-23	833,333	$0.18	17,222,221	No	4	X	Direct
Common Stock	Acquisiton	2014-03-31	80,000,000	$0.18	97,222,221	No	4	P	Direct
Common Stock	Acquisiton	2014-04-09	1,416,667	$0.18	98,638,888	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	X	Direct
No	4	P	Direct
No	4	P	Direct

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Subscription Rights (Right to Buy)	Disposition	2014-01-23	833,333	$0.00	833,333	$0.18

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2013-12-24	2014-01-23	No	4	X	Direct

Footnotes

Effective July 1, 2013, Prescient SP and the Issuer entered into a Private Placement Subscription Agreement (the "July Subscription Agreement"), in which Prescient SP subscribed to purchase 13,888,888 shares of Common Stock of the Issuer, which are beneficially owned by the Reporting Persons.
Effective December 24, 2013, Prescient SP, Newmark Investment Limited ("Newmark") and the Issuer entered into a Private Placement Subscription Agreement (the "December Subscription Agreement"), in which Prescient SP subscribed to purchase 3,333,333 shares of Common Stock of the Issuer, which was beneficially owned by the Reporting Persons. As part of the December Subscription Agreement, Newmark conveyed 12,000,000 of the 92,000,000 shares of Common Stock of the Issuer previously listed in the Reporting Person's initially filed Schedule 13D, which was filed with the Securities and Exchange Commission (the "SEC") on January 7, 2014, to the Issuer. Newmark had acquired 92,000,000 shares of the Issuer on October 8, 2012, in an SEC Rule 16b-3 transaction, as reported in its Schedule 13D filed with the SEC on October 17, 2012, and its Form 3 filed with the SEC on December 10, 2012.
On January 16, 2014, Newmark distributed its 80,000,000 remaining shares of Common Stock of the Issuer to Expedia, a founder and the beneficial owner of Newmark, for no additional consideration. This transaction was made pursuant to SEC Rule 16(a)(13).
On March 31, 2014, Expedia conveyed such 80,000,000 shares of Common Stock to Prescient SP at $0.18 per share in consideration of a subscription of an interest in Precept.
On April 9, 2014, Precept, on behalf of Prescient SP, entered into a Private Placement Subscription Agreement (the "April 2014 Subscription Agreement") to purchase 1,416,667 shares of the Issuer's Common Stock at a price of $0.18 per share for an aggregate purchase price of USD $255,000.