Filing Details

Accession Number:
0001264931-14-000277
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-05-20 20:18:23
Reporting Period:
2014-05-16
Filing Date:
2014-05-20
Accepted Time:
2014-05-20 20:18:23
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
945617 Brazil Interactive Media Inc. BIMI Television Broadcasting Stations (4833) 942901715
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1227510 A Michael Novielli 1110 Rt. 55
#206
Lagrangeville NY 12540
Yes No No 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 Disposition 2014-05-16 71,200 $0.84 4,204,988 No 4 S Indirect See footnote 3
Common Stock Disposition 2014-05-20 10,000 $0.98 4,194,988 No 4 S Indirect See footnote 3
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnote 3
No 4 S Indirect See footnote 3
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Convertible Debenture Acquisiton 2014-05-16 0 $71,500.00 893,750 $0.08
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2014-11-16 2016-04-24 No 4 P Indirect
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.63 to $1.05, inclusive. The reporting person undertakes to provide upon request to Brazil Interactive Media Inc., any security holder of Brazil Interactive Media Inc., or the staff of the Securities and Exchange Commission, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 1 and 2 of this Form 4.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.97 to $1.00, inclusive.
  3. The securities reported herein are directly beneficially owned by Dutchess Opportunity Fund II LP. The reporting person is a director of Dutchess Opportunity Fund II LP and therefore may be considered an indirect beneficial owner of the securities reported herein. The reporting person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein.