Filing Details

Accession Number:
0001213900-17-004206
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-04-25 16:37:51
Reporting Period:
2017-04-21
Filing Date:
2017-04-25
Accepted Time:
2017-04-25 16:37:51
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
949721 Meridian Waste Solutions Inc. MRDN Sanitary Services (4950) 133832215
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1625117 Scott Jeffrey Cosman One Glenlake Parkway Ne Suite 900
Atlanta GA 30328
Ceo, Chairman Yes Yes 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 $0.025 Per Share Acquisiton 2017-04-21 20,000 $0.00 1,035,897 Yes 4 P Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
Yes 4 P Indirect See Footnote
Footnotes
  1. Effective April 21, 2017, the Issuer entered into a Share Exchange Agreement (the "Share Exchange Agreement") with Mobile Science Technologies, Inc. ("MSTI"), pursuant to which the Issuer issued 1,083,017 shares of the Issuer's common stock to the shareholders of MSTI in exchange for 28,333,333 shares of MSTI, based on a valuation of $2.90 per share of the Issuer. Included in the stockholders of MSTI were JS Cosman Enterprises, LLC, a limited liability company in which the Reporting Person is the Manager; Peanut Lacrosse, LLC, a limited liability company in which the Reporting Person is the Manager; Bo Hungry, LLC, a limited liability company in which the Reporting Person is the Manager; and Poots Beast Mode, LLC, a limited liability company in which the Reporting Person is the Manager.
  2. Pursuant to the Share Exchange, based on respective ownership percentages in MSTI, JS Cosman Enterprises, LLC received at closing 5,000 shares of Issuer's common stock and each of Peanut Lacrosse, LLC, Bo Hungry, LLC and Poots Beast Mode, LLC received 5,000 shares of Issuer's common stock. Upon MSTI, as a wholly-owned subsidiary of the Issuer, reaching certain milestones, as set forth in the Share Exchange Agreement, or, upon the one year anniversary of the Share Exchange Agreement if such milestones have not been met, based on their respective ownership percentages in MSTI, JS Cosman Enterprises, LLC will receive 244,697 shares of Issuer's common stock and each of Peanut Lacrosse, LLC, Bo Hungry, LLC and Poots Beast Mode, LLC will receive 144,818 shares of Issuer's common stock.