Filing Details
- Accession Number:
- 0001010412-20-000009
- Form Type:
- 5
- Zero Holdings:
- No
- Publication Time:
- 2020-04-03 14:37:22
- Reporting Period:
- 2020-03-04
- Accepted Time:
- 2020-04-03 14:37:22
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1638911 | Uas Drone Corp. | USDR | Aircraft (3721) | 473052410 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1670457 | Greenblock Capital, Llc | 420 Royal Palm Way, Suite 100 Palm Beach FL 33480 | No | No | No | Yes |
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 | 2020-03-04 | 65,198 | $0.00 | 502,698 | 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 | Covertible Debenture | Acquisiton | 2020-03-04 | 0 | $0.37 | 264,850 | $0.37 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
264,850 | 2020-09-04 | 2023-03-04 | No | 5 | P | Direct |
Footnotes
- These shares were purchased from the Company in a Private Transaction approved by the Board of Directors at $0.00367 per share.
- The Company compromised $7,679 of a total advances of $208,309, and exchanged the remaining balance of $200,630 for an 8% Convertible Debenture in the amount of $99,054, with a three year Maturity Date, convertible for 264,850 shares, at a conversion price of $0.3740. The conversion price is subject to reduction in the event of dilutive issuances, and the underlying shares would be increased.