SEC Form 4 · accession 0001010412-15-000111
Oakridge Global Energy Solutions, Inc. · OGES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Precept Asset Management Ltd
10% Owner
Stephen J Barber
Officer — CEO and acting CFO · Director · 10% Owner
Period of report
Jun 3, 2015
Accepted (ET)
Jul 22, 2015 · 5:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000830483
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jun 3, 2015 | A | 5,000,000 | $0.25 | A | 227,467,613 | D | |
| Common StockF3 | Jun 30, 2015 | P | 78,763,725 | $0.51 | A | 221,717,613 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were issued pursuant to SEC Rule 16b-3.
- F2Stephen J. Barber's direct ownership is 5,750,000 shares and his indirect ownership is 227,467,613, after the June 30, 2015, issuance of 78,763,725.
- F3On June 30, 2015, the Company issued 78,763,725 of its shares of common stock to Precept Fund Management SPC, for and on behalf of Precept Fund Segregated Portfolio, in exchange for the 11,000,000 shares of Leclanche S.A., a Swiss share company, under a Stock Purchase Agreement. For additional information, please see the Company's 8-K/A-2 Current Report dated December 5, 2014, and filed with the SEC on July 2, 2015.