Home > Insider Trading > Filing (0001010412-11-000729)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1367311	Mct Holding Corp	MTHL	Services-Personal Services (7200)	202543857

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1235098	C David Merrell	10018 Falcon View Drive Sandy UT 84092		No	No	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	Disposition	2011-12-15	281,200	$0.00	78,800	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Footnotes

On December 15, 2011, David C. Merrell and Lindsey Hailstone, who were directors and executive officers of the Registrant, collectively sold in a private transaction, 336,200 shares, representing approximately 65.6% of the outstanding common voting securities of the Registrant. The total purchase price of the shares was $214,500. The Stock Purchase Agreement (the "Agreement") regarding this purchase and sale also required that Mr. Merrell and other parties cancel all outstanding debts owed by the Registrant, amounting to $627,472 at September 30, 2011, and any additional liabilities that might have arisen from September 30, 2011 to the date of the Agreement. Approximately 80% of these liabilities were "related party" debt and were owed to Mr. Merrell or his family related entities that had advanced the loans to the Company.
There was a 3 for 1 dividend December 4, 2008, increasing Mr. Merrell's ownership to 360,000 post-dividend shares.