Filing Details

Accession Number:
0001010412-14-000158
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-09-15 14:09:02
Reporting Period:
2014-07-31
Filing Date:
2014-09-15
Accepted Time:
2014-09-15 14:09:02
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 Insider Title 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 Yes No
1594682 J Stephen Barber Level 1
16 O'Connell Street
Sydney C3 NSW 2000
No No Yes No
1618406 Portfolio Segregated Fund Precept Of Behalf On Spc Management Fund Precept Ground Floor, Harbour Center
42 North Church Street, P. O. Box 1569
George Town E9 KY1-1110
No 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 Acquisiton 2014-07-31 11,000,000 $0.20 109,638,888 No 4 P Direct
Common Stock Acquisiton 2014-08-13 16,775,000 $0.20 126,413,888 No 4 P Direct
Common Stock Acquisiton 2014-09-05 15,000,000 $0.20 141,413,888 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
No 4 P Direct
Footnotes
  1. On July 31, 2014, the Issuer offered and sold 11,000,000 shares of its Common Stock to Precept Fund Management SPC ("Precept") for and on behalf of Precept Fund Segregated Portfolio ("Precept Fund") under a Private Placement Subscription Agreement, effective August 5, 2014, in consideration of $2,200,000.
  2. On August 13, 2014, the Issuer agreed to issue an additional 16,775,000 shares of its Common Stock to Precept for and on behalf of Prescient Fund Segregated Portfolio ("Prescient Fund") under a Private Placement Subscription Agreement effective August 20, 2014, in consideration of $3,355,000, which sum was advanced by Prescient Fund on the Issuer's behalf under the Leclanche Convertible and Investment Loan Agreement of the Issuer.
  3. On September 5, 2014, Precept on behalf of Prescient Fund, entered into a Private Placement Subscription Agreement to purchase 15,000,000 shares of the Issuer's Common Stock for an aggregate purchase price of $3,000,000.
  4. All of these shares of Common Stock have been issued.