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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1045942	Track Group Inc.	TRCK	Communications Equipment, Nec (3669)	870543981

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1559275	Ltd Asia Sapinda	Rooms 803-4, 8Th Floor Hang Seng Bank Bldg, 200 Hennessey Rd. Wanchai, Hong Kong K3 00000		No	No	Yes	No
1586481	Lars Windhorst	C/O Sapinda Asia Ltd, Rms 803-4, 8Th Flr Hang Seng Wanchai Bldg, 200 Hennesy Road Wanchai K3 00000		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	2012-06-26	31,140,625	$0.03	31,140,625	No	5	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	5	P	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Convertible Debenture	Acquisiton	2012-04-20	1,000,000	$1,000,000.00	33,333,333	$0.03
Common Stock	Convertible Debenture	Acquisiton	2012-08-31	500,000	$500,000.00	16,666,666	$0.03
Common Stock	Convertible Debenture	Acquisiton	2012-09-24	500,000	$500,000.00	16,666,666	$0.03

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
33,333,333	2012-10-15	No	5	P	Direct
16,666,666	2012-10-15	No	5	P	Direct
16,666,666	2012-10-15	No	5	P	Direct

Footnotes

This Form 5 is filed jointly by Sapinda Asia Limited ("Sapinda Asia") and Lars Windhorst (collectively, the "Reporting Persons"). As the sole shareholder of Sapinda Asia, Mr. Windhorst may be deemed to beneficially own the Common Stock beneficially owned by Sapinda Asia. Mr. Windhorst disclaims beneficial ownership of such shares of Common Stock except to the extent of his pecuniary interest therein.
On July 26, 2012, Sapinda Asia agreed pursuant to an Assignment of Rights to acquire from Sapinda UK Limited its rights under a Share Purchase Agreement with the Issuer to acquire 31,140,625 shares of Common Stock for $1,033,000. Closing of the issuance and sale of Common Stock by the Issuer to Sapinda Asia occurred July 27, 2012.
Immediate.