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
- 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.
- 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.