SEC Form 4 · accession 0001213900-19-003587

· IMDS

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

Reporting owner

10% Owner

Period of report

Jul 12, 2018

Accepted (ET)

Mar 5, 2019 · 3:24 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000790652

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
COMMON STOCK^F1	Aug 7, 2018	C	87,044,091	—	A	87,104,691	D
COMMON STOCK^F2	holding	—	—		—	60,600	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Series M Convertible Preferred Stock^F1,F2	—	Aug 7, 2018	C	591	D	—	—	Common Stock	87,044,091	0	D

F1Viable International Investments, LLC acquired 600 shares of Series M Convertible Preferred Stock ("Preferred Stock") between August 2014 and April 2016, pursuant to a Securities Purchase Agreement with the Company dated June 27, 2014, at a purchase price of $10,000 per share of Preferred Stock. These shares of Preferred Stock were initially convertible into 88,369,633,872 shares of Common Stock, no par value, of the Company. The Preferred Stock was convertible at any time, at the holder's election, and has no expiration date.
F2On July 12, 2018, the Company filed Amended and Restated Articles of Incorporation to effect a one-for-1,000 reverse stock split of the Company's issued and outstanding Common Stock, thus affecting the number of underlying shares of Common Stock into which the Series M Convertible Preferred Stock may be converted. As a result of the reverse stock split, which was effective July 27, 2018, the 600 shares of Series M Convertible Preferred Stock initially issued to Viable International Investments, LLC, were convertible into 88,369,635 shares of Common Stock.