SEC Form 4 · accession 0001582945-19-000002
Blow & Drive Interlock Corp · BDIC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Doheny Group, LLC
10% Owner
Period of report
Jan 2, 2019
Accepted (ET)
Jan 10, 2019 · 8:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001586495
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 2, 2019 | P$0 | 8,924,000 | — | A | 11,570,915 | D | |
| Series A Preferred StockF1 | Jan 2, 2019 | P$0 | 1,000,000 | — | A | 1,000,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Doheny Group, LLC, the largest creditor of Blow & Drive Interlock Corporation (BDIC), acquired 8,924,000 shares of BDIC common stock and 1,000,000 shares of BDIC Series A Preferred Stock from Laurence Wainer, the former sole officer and director of BDIC, for an aggregate purchase price of $30,000. The shares of BDIC Series A Preferred Stock are not convertible, but each share has voting rights equal to 100 shares of common stock. As a result, the 1,000,000 shares of BDIC Series A Preferred Stock has 100,000,000 votes on all matters brought before BDIC's common stockholders for a vote.