SEC Form 4 · accession 0001686172-18-000001
Cloudweb, Inc. · CLOW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
De Liao Zhi
Officer — CEO, Sec. & CFO · Director · 10% Owner
Period of report
Jan 23, 2018
Accepted (ET)
Feb 5, 2018 · 5:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001619227
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F1 | Jan 23, 2018 | P | 16,000,000 | $0.001 | A | 16,631,250 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares are owned by Letterston Investments Limited, a BVI corporation, which is controlled by Mr. Zhi De Liao.
- F2Part of the reported 16,631,250 total currently held includes (a) 625,000 shares held in the name of Letterston Investments Limited; and (b) 6,250 shares held in the name of Mr. Zhi De Liao. These amounts are the result of the Issuer's previous 1 for 100 reverse split filed on 11/10/16 and the 1 for 400 reverse split filed on 11/17/17. Prior to such splits, such amounts were (a) 250,000,000 and (b) 2,500,000, respectively.