Filing Details

Accession Number:
0001140361-12-030847
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-06-21 18:38:48
Reporting Period:
2011-06-30
Filing Date:
2012-06-21
Accepted Time:
2012-06-21 18:38:48
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1093903 Ziyang Ceramics Corp ZYCI Structural Clay Products (3250) 820326560
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1088787 Cd International Enterprises, Inc. 431 Fairway Drive
Suite 200
Deerfield Beach FL 33441
No No Yes No
1448788 China Direct Investments, Inc. 431 Fairway Drive, Suite 200
Deerfield Beach FL 33441
No No Yes No
1471069 Capital One Resource Co., Ltd. Room 804, Sino Centre, 582-592 Nathan Rd
Hong Kong K3 852
No No Yes No
1510149 Cdi Shanghai Management Co.,Ltd. 59 Maoming Rd. (S)
W6351, Jinjiang Junling Mansion
Shanghai F4 200020
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 2012-01-06 2,367,245 $0.01 65,522,147 No 4 S Indirect See footnote
Common Stock Acquisiton 2012-01-27 698,223 $0.00 862,028 No 4 C Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnote
No 4 C Indirect See footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock 3% Convertible Note Acquisiton 2011-06-30 1,538,223 $0.00 1,538,223 $7.20
Common Stock 3% Convertible Note Acquisiton 2012-01-27 1,538,223 $0.00 1,538,223 $7.20
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,538,223 No 4 J Indirect
0 2012-01-27 2012-01-27 No 4 C Direct
Footnotes
  1. Shares are owned directly by subsidiaries of CD International Enterprises, Inc. as follows: China Direct Investments, Inc. 61,522,147 shares and CDI Shanghai Management Co. 4,000,000 shares. CD International Enterprises, Inc. is an indirect beneficial owner of the reported securities.
  2. Reporting Person received a 3% Convertible Note in the principal amount of $11,075,206 (the "Convertible Note") as compensation under a June 13, 2011 consulting agreement with the Issuer that was payable upon completion of the Issuer's acquisition of China Ziyang Technology Co., Ltd. Of the 1,538,223 Issuer's shares issuable under the Convertible Note, after giving effect to the 400 for 1 reverse stock split completed on January 27, 2012, 840,000 shares are beneficially owned by a subcontractor to the Reporting Person who is an unrelated third party that provided services to the Reporting Person in connection with the acquisition of China Ziyang Technology. The Reporting Person disclaims beneficial ownership of the 840,000 shares beneficially owned by this contractor and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of any of these shares for purposes of Section 16 or any other purpose.
  3. Shares are owned directly by subsidiaries of CD International Enterprises, Inc. as follows: China Direct Investments, Inc. 552,917 shares, CDI Shanghai Management Co. 10,000 shares and Capital One Resource Co, Ltd. 299,111 shares. CD International Enterprises, Inc. is an indirect beneficial owner of the reported securities. These share amounts give effect to the 400 for 1 reverse stock split completed on January 27, 2012.
  4. Automatically convertible into shares of the Issuer's common stock upon the Issuer's completion of the 400 for 1 reverse stock split on January 27, 2012.
  5. The Convertible Note is owned by Capital One Resources, Ltd. (33.3% interest) and China Direct Investments, Inc. (66.7% interest) which are subsidiaries of CD International Enterprises, Inc. CD International Enterprises, Inc. is an indirect beneficial owner of the reported securities.
  6. All share amounts as of January 27, 2012 and later give effect to the 400 for 1 reverse stock split completed on January 27, 2012.