Filing Details

Accession Number:
0001477932-11-002211
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-10-19 17:06:17
Reporting Period:
2010-04-08
Filing Date:
2011-10-19
Accepted Time:
2011-10-19 17:06:17
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
1397846 M David Rainey C/O Debt Resolve, Inc.
150 White Plains Rd., Suite 108
Tarrytown NY 10591
President And Cfo No 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 2011-03-24 13,500 $0.09 346,919 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 1,000,000 $0.00 1,000,000 $0.17
Common Stock Warrants (Right to Buy) Acquisiton 2011-01-24 60,000 $0.00 60,000 $0.25
Common Stock Officer Stock Options (Right to Buy) Acquisiton 2011-06-01 1,500,000 $0.00 1,500,000 $0.06
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,575,000 2010-04-08 2017-04-08 No 4 A Direct
2,635,000 2011-01-24 2016-01-24 No 4 A Direct
4,135,000 2011-06-01 2018-06-01 No 4 A Direct
Footnotes
  1. On January 24, 2011, the reporting person loaned the company $6,000 on a 6-month loan. The reporting person received 60,000 warrants with an exercise price of $0.25 and a five year exercise period for making the loan.