Filing Details

Accession Number:
0001213900-12-004905
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-08-23 17:15:23
Reporting Period:
2012-08-17
Filing Date:
2012-08-23
Accepted Time:
2012-08-23 17:15:23
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1084031 Integrated Environmental Technologies Ltd. IEVM General Industrial Machinery & Equipment, Nec (3569) 980200471
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1405115 Wayne E Kinsey C/O Integrated Environmental Tech, Ltd.
4235 Commerce Street
Little River SC 29566
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $.001 Per Share Acquisiton 2012-08-17 1,693,895 $0.00 36,711,395 No 4 C Direct
Common Stock, Par Value $.001 Per Share Acquisiton 2012-08-17 4,480,733 $0.00 41,192,128 No 4 C Direct
Common Stock, Par Value $.001 Per Share Acquisiton 2012-08-17 6,250,000 $0.00 47,442,128 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 C Direct
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock, $.001 Par Value Warrant (Right to Buy) Acquisiton 2012-08-17 3,125,000 $0.00 3,125,000 $0.20
Common Stock, $.001 Par Value 8% Convertible Debenture Disposition 2012-08-17 0 $0.00 0 $0.10
Common Stock, $.001 Par Value 8% Convertible Secured Promissory Note Disposition 2012-08-17 0 $0.00 0 $0.10
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
3,125,000 2012-08-17 2015-08-17 No 4 P Direct
0 2014-07-07 No 4 C Direct
0 2014-09-23 No 4 C Direct
Footnotes
  1. Mr. Kinsey elected to convert the entire principal amount ($150,000) of the 8% convertible debenture issued to him on July 7, 2011 (the "Convertible Debenture") into 1,500,000 shares of common stock at a conversion price of $0.10 per share, pursuant to the terms of the Convertible Debenture. In addition, the Company issued 193,895 shares of common stock (171,429 shares at $0.07 per share and 22,466 shares at $0.06 per share) to Mr. Kinsey as payment of $13,348 of accrued interest due on the Convertible Debenture, pursuant to the terms of the Convertible Debenture.
  2. Mr. Kinsey elected to convert the entire principal amount ($400,000) of the 8% secured promissory note issued to him on September 23, 2011 (the "Secured Note") into 4,000,000 shares of common stock at a conversion price of $0.10 per share, pursuant to the terms of the Secured Note. In addition, the Company issued 480,733 shares of common stock ($0.06 per share) to Mr. Kinsey as payment of $28,844 of accrued interest due on the Secured Note, pursuant to the terms of the Secured Note.
  3. Mr. Kinsey purchased common stock units that in aggregate consisted of 6,250,000 shares of common stock and a warrant to purchase 3,125,000 shares of common stock for an aggregate purchase price of $500,000. The warrant has a three year term, is exercisable at $0.20 per share and was fully vested at the date of issuance.
  4. Each of the Convertible Debenture and the Secured Note was convertible at any time after issuance to Mr. Kinsey on July 7, 2011 and September 23, 2011, respectively.