Filing Details

Accession Number:
0001144204-11-014386
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-03-11 17:42:27
Reporting Period:
2010-12-27
Filing Date:
2011-03-11
Accepted Time:
2011-03-11 17:42:27
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1335725 Israel Growth Partners Acquisition Corp. IGPAA Blank Checks (6770) 203233358
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1336138 Mitchell Metzman 4808 Moorland Lane
Suite 109
Bethesda MD 20814
Cfo And Secretary No 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 Acquisiton 2011-03-10 16,000,000 $0.02 17,400,000 No 4 X Indirect By Moorland Lane Partners, LLC
Common Stock Disposition 2011-03-10 215,097 $1.49 17,184,903 No 4 S Indirect By Moorland Lane Partners, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 X Indirect By Moorland Lane Partners, LLC
No 4 S Indirect By Moorland Lane Partners, LLC
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Common Stock Warrants (right to buy) Acquisiton 2010-12-27 16,000,000 $0.00 16,000,000 $0.02
Common Stock Common Stock Warrants (right to buy) Disposition 2011-03-10 16,000,000 $0.00 16,000,000 $0.02
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
16,000,000 2010-12-27 2015-12-27 No 4 J Indirect
0 2010-12-27 2015-12-27 No 4 X Indirect
Footnotes
  1. The shares are held in the name of Moorland Lane Partners, LLC ("Moorland"). In his capacities as a manager and member of Moorland, the Reporting Person may be deemed to be the beneficial owner of such shares. The Reporting Person expressly disclaims beneficial ownership of the shares, except to the extent of his pecuniary interest therein, if any.
  2. In consideration of the loan from Moorland evidenced by a promissory note dated December 27, 2010, the Issuer issued a warrant to purchase 16,000,000 shares of its common stock to Moorland.