SEC Form 4/A · accession 0001493152-16-010116
TON Strategy Co · TONX
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
Rory J. Cutaia
Officer — CEO · Director · 10% Owner
Period of report
Apr 4, 2016
Accepted (ET)
May 19, 2016 · 7:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001566610
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Convertible NoteF1 | $0.07 | Apr 4, 2016 | A | — | A | Apr 4, 2016 | Aug 4, 2017 | Common | 1,248,303 | — | D |
| Convertible NoteF2 | $0.07 | Apr 4, 2016 | A | — | A | Apr 4, 2016 | Aug 4, 2017 | Common | 1,741,072 | — | D |
| Warrants | $0.07 | Apr 4, 2016 | A | 2,080,505 | A | Apr 4, 2016 | Apr 4, 2019 | Common | 2,080,505 | 2,080,505 | D |
Explanation of responses
- F1Secured convertible note in the amount of $291,270.77 which represents additional sums that Mr. Cutaia advanced to bBooth, Inc. during the period from December 2015 to March 31, 2016. The note bears interest at the rate of 12% per annum compounded annually. Mr. Cutaia has the option to convert 30% of the note into shares of common stock at a price of $0.07 per share.
- F2Unsecured convertible note in the amount of $121,875.01 which represents the amount of accrued but unpaid salary owned for the period from December 2015 to March 31, 2016. The note bears interest at the rate of 12% per annum compounded annually. Mr. Cutaia has the option to convert 30% of the note into shares of common stock at a price of $0.07 per share.