SEC Form 3 · accession 0001493152-18-004582

· VII

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director · 10% Owner · Other

Period of report

Mar 23, 2018

Accepted (ET)

Apr 2, 2018 · 6:11 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000310056

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
COMMON STOCK^F1,F2,F3	holding	—	—		—	7,284,824	I	See Footnote

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
WARRANT^F1,F2,F3	$0.40	holding	—	—	—	Apr 20, 2017	Apr 20, 2020	COMMON STOCK	1,500,000	—	I

F1The Reporting Person is a member of a Section13(d) group that owns in the aggregate more than 10% of the Issuer's outstanding shares of Common Stock as disclosed in a Schedule 13D, filed on behalf of the Reporting Person and certain other stockholders of the Issuer on April 2, 2018, as amended. As such, the Reporting Person may be deemed to beneficially own more than 10% of the Issuer's outstanding shares of Common Stock. The securities reported herein do not include any securities held by any group member other than the Reporting Person, as such shares are being reported in a separate Form 3 filing.
F2The Reporting Person disclaims beneficial ownership of the shares of Common Stock except to the extent of his pecuniary interest therein, and this report shall not be deemed to be an admission that the Reporting Person is the beneficial owner of such shares of Common Stock for purposes of Section 16 or for any other purpose.
F3Represents securities beneficially owned by Cemtrex, Inc. ("Cemtrex"). The Reporting Person is the controlling shareholder and Executive Director of Cemtrex. By virtue of these relationships, the Reporting Person may be deemed to beneficially own the securities owned directly by Cemtrex.