Filing Details
- Accession Number:
- 0001477932-11-002201
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-10-19 17:01:41
- Reporting Period:
- 2010-04-08
- Filing Date:
- 2011-10-19
- Accepted Time:
- 2011-10-19 17:01:41
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1106645 | Debt Resolve Inc | DRSV | Services-Business Services, Nec (7389) | 330889197 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1238796 | G James Brakke | C/O Debt Resolve, Inc. 150 White Plains Rd., Suite 108 Tarrytown NY 10591 | Chief Executive Officer | Yes | Yes | No | 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 | 2010-12-31 | 14,500 | $0.07 | 264,500 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Officer Stock Options (Right to Buy) | Acquisiton | 2010-04-08 | 1,500,000 | $0.00 | 1,500,000 | $0.17 |
| Common Stock | Warrants (Right to Buy) | Acquisiton | 2010-07-22 | 225,000 | $0.00 | 225,000 | $0.25 |
| Common Stock | Warrants (Right to Buy) | Acquisiton | 2010-08-12 | 850,000 | $0.00 | 850,000 | $0.25 |
| Common Stock | Warrants (Right to Buy) | Acquisiton | 2011-04-14 | 250,000 | $0.00 | 250,000 | $0.25 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1,700,000 | 2010-04-08 | 2017-04-08 | No | 4 | A | Direct |
| 1,925,000 | 2010-07-22 | 2015-07-22 | No | 4 | A | Direct |
| 2,775,000 | 2010-08-12 | 2015-08-12 | No | 4 | A | Direct |
| 3,025,000 | 2011-04-14 | 2016-04-14 | No | 4 | A | Direct |
Footnotes
- The reporting person received warrants dated July 22, 2010, August 12, 2010 and April 14, 2011 as a result of several loans made to the company on those dates. The warrants all have an exercise price of $0.25 and have a five year exercise period.
Billionaire Hedge Funds
