Filing Details

Accession Number:
0001213900-12-001600
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-04-02 13:15:24
Reporting Period:
2012-03-29
Filing Date:
2012-04-02
Accepted Time:
2012-04-02 12:15:24
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
896726 Geoglobal Resources Inc. GGR Drilling Oil & Gas Wells (1381) 330464753
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1535857 Ltd. Energy Company- Development Land Israel 2 Shenkar Street
Tel-Aviv, L3
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, Par Value $0.001 Per Share Acquisiton 2012-03-29 32,740,479 $5,892,234.00 49,207,118 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 Warrant Acquisiton 2012-03-29 16,466,639 $0.00 16,466,639 $0.30
Common Stock Warrant Acquisiton 2012-03-29 987,998 $988.00 987,998 $0.38
Units Unit Purchase Right Acquisiton 2012-03-29 16,466,639 $0.00 16,466,639 $0.24
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
16,466,639 2012-09-29 2013-09-29 No 4 P Direct
17,454,637 2012-09-29 2017-09-29 No 4 P Direct
16,466,639 2012-03-29 2012-07-31 No 4 P Direct
Footnotes
  1. Based on the closing price of Israel Land Development Company - Energy Ltd's Ordinary Shares on the Tel-Aviv Stock Exchange of approximately $.18 per share. 28,402,262 Ordinary Shares were issued to GGR in exchange for GGR's common stock. The value of the Ordinary Shares issued to GGR were valued at $7,530,310 under the terms of the Securities Purchase and Exchange Agreement, dated November 21, 2011 between ILDE and GGR.
  2. Each Unit consists of one share of Common Stock and one Warrant to purchase one share of Common Stock with an exercise price of $0.30 per share.