Filing Details
- Accession Number:
- 0001337851-11-000003
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-02-08 16:21:47
- Reporting Period:
- 2011-02-07
- Filing Date:
- 2011-02-08
- Accepted Time:
- 2011-02-08 16:21:47
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1097430 | International Monetary Systems Ltd | ITNM | Services-Business Services, Nec (7389) | 391924096 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1337851 | Praetorian Capital Management Llc | 1000 South Pointe Drive Suite 1508 Miami Beach FL 33139 | 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, Par Value $0.0001 | Disposition | 2011-02-07 | 50,000 | $0.68 | 1,284,000 | No | 4 | S | Indirect | See Footnote |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | See Footnote |
Footnotes
- This Form 4 is being filed by Praetorian Capital Management LLC, a Delaware Limited Liability Company (the "Management Company") which serves as investment manager or advisor to Praetorian Offshore Ltd. (the "Fund") with respect to the shares identified in this filing. The Management Company makes the investment and voting decisions on behalf of the Fund but owns no direct investments in the securities of the Issuer. The Fund directly owns the shares of the Common Stock of the Issuer but does not make any decisions as to voting or buying or selling shares of the Issuer.Praetorian Offshore Ltd. owns 1,284,000 shares, after a sale of 50,000 shares on February 7, 2011.