Filing Details

Accession Number:
0001144204-12-026049
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-05-04 08:34:06
Reporting Period:
2012-04-21
Filing Date:
2012-05-04
Accepted Time:
2012-05-04 08:34:06
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1430872 Hq Global Education Inc. HQGE Services-Educational Services (8200) 261806348
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1540014 Yabin Zhong 27/F, Bobo Fortune Center
No. 368 Furong Road (S)
Changsha City F4 410007
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 Acquisiton 2012-04-21 4,976,000 $0.64 12,596,000 No 4 P Indirect By Global Polytechnic Education Group Limited
Common Stock Acquisiton 2012-04-21 4,335,500 $0.64 16,931,500 No 4 P Indirect By Global Polytechnic Education Group Limited
Common Stock Acquisiton 2012-04-23 2,037,000 $0.00 18,968,500 No 4 P Indirect By Global Polytechnic Education Group Limited
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Global Polytechnic Education Group Limited
No 4 P Indirect By Global Polytechnic Education Group Limited
No 4 P Indirect By Global Polytechnic Education Group Limited
Footnotes
  1. Pursuant to a share contribution and purchase agreement dated April 21, 2012 with certain shareholders of the Issuer, Global Polytechnic Education Group Limited acquired 4,976,000 shares of the Issuer on April 23, 2012. Yabin Zhong is a 20% shareholder of Nicestar International Limited which is the sole shareholder of Global Polytechnic Education Group Limited. Yabin Zhong expressly disclaims beneficial ownership of securities held by Global Polytechnic Education Group Limited except to the extent of her pecuniary interest therein.
  2. Pursuant to a share contribution and purchase agreement dated April 21, 2012 with certain shareholders of the Issuer, Global Polytechnic Education Group Limited has the right to acquire 4,335,500 shares of the Issuer subject to the satisfaction of certain conditions. Yabin Zhong is a 20% shareholder of Nicestar International Limited which is the sole shareholder of Global Polytechnic Education Group Limited. Yabin Zhong expressly disclaims beneficial ownership of securities held by Global Polytechnic Education Group Limited except to the extent of her pecuniary interest therein.
  3. Pursuant to share transfer agreements dated April 23, 2012 with certain shareholders of the Issuer, Global Polytechnic Education Group Limited acquired 2,037,000 shares of the Issuer on April 23, 2012. Yabin Zhong is a 20% shareholder of Nicestar International Limited which is the sole shareholder of Global Polytechnic Education Group Limited. Yabin Zhong expressly disclaims beneficial ownership of securities held by Global Polytechnic Education Group Limited except to the extent of her pecuniary interest therein.
  4. Minimum price permitted by the laws of Hong Kong Special Administrative Region