SEC Form 4/A · accession 0001493152-18-008430
BLUSKY AI INC. · BSAI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Trent D'Ambrosio
Officer — CEO and CFO · Director
Period of report
Feb 25, 2013
Accepted (ET)
Jun 11, 2018 · 6:25 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001416090
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 25, 2013 | A | 2,600,000 | $0.00 | A | 4,100,000 | D | |
| Common Stock | Feb 25, 2013 | A | 1,000,000 | $0.00 | A | 4,100,000 | I | Through MDLVentures LLC |
| Common Stock | Feb 25, 2013 | A | 500,000 | $0.00 | A | 4,100,000 | I | Through Monte Carlo LLC |
| Common Stock | Jan 28, 2014 | G | 400,000 | $0.00 | D | 3,700,000 | I | Through MDL Ventures LLC |
| Common Stock | Jan 28, 2014 | G | 300,000 | $0.00 | D | 3,400,000 | I | Through Monte Carlo LLC |
| Common Stock | May 30, 2014 | P | 100 | $1.12 | A | 3,400,100 | D | |
| Common Stock | Jun 4, 2014 | P | 500 | $1.00 | A | 3,400,600 | D | |
| Common Stock | Jun 5, 2014 | P | 100 | $1.05 | A | 3,400,700 | D | |
| Common Stock | Jun 6, 2014 | P | 500 | $1.05 | A | 3,401,200 | D | |
| Common Stock | Jun 23, 2014 | S | 500 | $1.09 | D | 3,400,700 | D | |
| Common Stock | Jun 27, 2014 | P | 200 | $1.12 | A | 3,400,900 | D | |
| Common Stock | Jul 9, 2014 | P | 400 | $1.04 | A | 3,401,300 | D | |
| Common Stock | Jun 1, 2015 | D | 100,000 | $0.00 | D | 3,301,300 | I | Through Monte Carlo LLC |
| Common Stock | Jun 8, 2015 | G | 100,000 | $0.00 | D | 3,201,300 | I | Through Monte Carlo LLC |
| Common Stock | Jul 1, 2015 | D | 100,000 | $0.00 | D | 3,101,300 | I | Through MDL Ventures LLC |
| Common Stock | Oct 1, 2015 | D | 2,600,000 | $0.00 | D | 151,300 | D | |
| Common Stock | Oct 1, 2015 | D | 350,000 | $0.00 | D | 151,300 | I | Through MDL Ventures LLC |
| Common Stock | Oct 2, 2015 | A | 3,855,742 | $0.51 | A | 4,007,042 | D | |
| Common Stock | Oct 21, 2015 | P | 500 | $0.2785 | A | 4,007,542 | D | |
| Common Stock | Oct 26, 2015 | P | 2,500 | $0.20 | A | 4,010,042 | I | Through Mr. D'Ambrosio's spouse |
| Common Stock | Nov 2, 2015 | P | 100 | $0.2759 | A | 4,010,142 | D | |
| Common StockF10 | Nov 3, 2015 | S | 150,000 | $0.001 | D | 3,857,042 | I | Through MDL Ventures LLC |
| Common StockF10 | Jul 9, 2016 | P | 400 | $1.04 | A | 702,244 | D | |
| Common StockF10 | Jul 15, 2016 | S | 400 | $0.80 | D | 701,844 | D | |
| Common StockF10 | Jul 29, 2016 | C | 881,057 | $0.227 | A | 1,582,901 | D | |
| Common Stock | Dec 30, 2016 | A | 500,000 | $0.4353 | A | 2,082,901 | D | |
| Common Stock | Dec 30, 2016 | C | 500,000 | $0.63 | A | 2,582,901 | D | |
| Series A Preferred Stock | Dec 30, 2016 | A | 51 | $54,471.62 | A | 51 | D | |
| Common Stock | Jul 18, 2017 | C | 600,000 | $0.25 | A | 3,182,901 | D | |
| Common Stock | Jul 21, 2017 | G | 400,000 | $0.00 | D | 2,782,901 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 25, 2016, 2,600,000 shares of common stock were issued to Mr. D'Ambrosio pursuant to a Share Exchange Agreement.
- F10On May 26, 2016, the Company effected a 1 for 5.5 reverse split, resulting in 701,044 shares as of May 26, 2016.
- F11On July 29, 2016, Mr. D'Ambrosio received 881,057 shares of common stock pursuant to a conversion of $200,000 of debt owed by the Company to MDL Ventures LLC and assigned to Mr. D'Ambrosio.
- F12On December 31, 2016, Mr. D'Ambrosio received 500,000 shares of common stock as compensation for services performed as an officer and director of the Company.
- F13On December 31, 2016, Mr. D'Ambrosio received 500,000 shares of common stock pursuant to a conversion of $100,000 of debt owed by the Company to MDL Ventures LLC and assigned to Mr. D'Ambrosio.
- F14On December 30, 2016, the Company issued 51 shares of its Series A Preferred stock to Mr. D'Ambrosio for services rendered as an officer. The shares have voting rights equal to: (x) 0.019607 multiplied by the total issued and outstanding shares of common stock eligible to vote at the time of the respective vote (the "Numerator"), divided by (y) 0.49, minus (z) the Numerator. These shares have preferential voting rights, no conversion rights and no liquidation preferences.
- F15On July 21, 2017, the Company issued 600,000 shares to Mr. D'Ambrosio pursuant to a conversion of $150,000 of debt owed by the Company to Mr. D'Ambrosio (assigned by MDL Ventures LLC).
- F2On February 25, 2016, 1,000,000 shares of common stock were issued to MDL Ventures LLC pursuant to a Share Exchange Agreement. Mr. D'Ambrosio was the manager of MDL Ventures LLC and therefore the beneficial owner of the shares.
- F3On February 25, 2016, 500,000 shares of common stock were issued to Monte Carlo LLC pursuant to a Consulting Agreement. Mr. D'Ambrosio was the manager of Monte Carlo LLC and therefore the beneficial owner of the shares.
- F4On June 8, 2015, Monte Carlo LLC sold 100,000 shares of common stock to a Company creditor in exchange for an extension on payment of the debt.
- F5On July 27, 2015, MDL Ventures LLC sold 100,000 shares of common stock to a Company creditor in exchange for an extension on payment of the debt.
- F6On October 1, 2015, Mr. D'Ambrosio voluntarily returned 2,600,000 shares of common stock to the Company's treasury for cancellation as required in the Agreement and Plan of Merger with Clavo Rico, LTD.
- F7On October 1, 2015, MDL Ventures LLC voluntarily returned 350,000 shares of common stock to the Company's treasury for cancellation as required in the Agreement and Plan of Merger with Clavo Rico, LTD.
- F8On October 2, 2015, Mr. D'Ambrosio was issued 3,855,742 shares pursuant to the Agreement and Plan of Merger with Clavo Rico, LTD.
- F9On November 3, 2015, MDL Ventures LLC sold 150,000 shares of common stock to a Company creditor in exchange for an extension on payment of the debt.