Filing Details
- Accession Number:
- 0001062993-12-000643
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-02-23 09:22:22
- Reporting Period:
- 2010-09-24
- Filing Date:
- 2012-02-23
- Accepted Time:
- 2012-02-23 09:22:22
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1103120 | Tsingyuan Brewery Ltd. | BEER | Malt Beverages (2082) | 650714523 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1501586 | Dingyou Zhang | Linpan Industrial Park Linyi County Shandong Province F4 251500 | Chief Executive Officer | Yes | 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, Par Value $0.0001 Per Share | Acquisiton | 2010-09-24 | 46,820,000 | $0.00 | 106,820,000 | No | 4 | J | Direct | |
Common Stock, Par Value $0.0001 Per Share | Disposition | 2010-09-24 | 40,208,814 | $0.00 | 66,611,186 | No | 4 | G | Direct | |
Common Stock, Par Value $0.0001 Per Share | Disposition | 2010-09-24 | 8,556,500 | $0.30 | 58,054,686 | No | 4 | S | Direct | |
Common Stock, Par Value $0.0001 Per Share | Acquisiton | 2011-01-21 | 10,041,947 | $0.00 | 68,096,633 | No | 4 | J | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | J | Direct | |
No | 4 | G | Direct | |
No | 4 | S | Direct | |
No | 4 | J | Direct |
Footnotes
- On September 24, 2010, the reporting person entered into and consummated a share exchange agreement (the "Exchange Agreement") with the issuer and C. Mark Tang ("Mr. Tang"). Pursuant to the Exchange Agreement, the reporting person and Mr. Tang were issued 46,820,000 shares and 18,287,671 shares of the Issuer, respectively, in exchange for all of the shares of common stock that each held of Tsingyuan Holding, Inc., a Delaware corporation.
- On September 24, 2010, the reporting person sold 8,556,500 shares at a price per share of 2 Renminbi, the official currency in China ("RMB"). The price per share has been converted to $0.2978, based on the exchange rate of $0.1489 for 1 RMB prevailing on this date.
- On January 21, 2011, World Technology Ventures, LLC, USA and Qingyuan (Green Source) Group Co., Ltd., an affiliate of the reporting person, entered into a settlement agreement and release in consideration of the release of certain claims, pursuant to which the reporting person received 10,041,947 shares of the issuer as a third-party beneficiary.