Filing Details

Accession Number:
0001213900-12-006973
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-12-26 10:02:40
Reporting Period:
2012-12-21
Filing Date:
2012-12-26
Accepted Time:
2012-12-26 10:02:40
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
896726 Geoglobal Resources Inc. GGR Drilling Oil & Gas Wells (1381) 330464753
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1535857 Ltd. Energy Company- Development Land Israel 2 Shenkar Street
Tel-Aviv L3
No 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 $0.001 Per Share Disposition 2012-12-24 7,816 $0.07 48,638,829 No 4 S Direct
Common Stock, Par Value $0.001 Per Share Disposition 2012-12-24 49,765 $0.07 48,589,064 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Warrant Acquisiton 2012-12-21 43,636,593 $0.00 43,636,593 $0.07
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
43,636,593 2013-02-21 2017-12-21 No 4 J Direct
Footnotes
  1. Pursuant to the Warrant issued to Israel Land Development Company - Energy Ltd. (ILDE) on December 21, 2012, the exercise price of the Warrant is the lower of (i) $0.067 and (ii) the VWAP (the dollar volume-weighted average price) for the Common Stock for the fourteen (14) trading days ending on February 21, 2013, subject to adjustment as provided therein.
  2. Pursuant to a Letter Agreement between ILDE and GGR dated December 20, 2012, the Warrant in the amount of 16,466,639 that was issued to the Company on March 29, 2012 with an exercise price of $.30 and disclosed on Form 4 filed with the Commission on April 2, 2012 was canceled and replaced with this Warrant in the amount of 43,636,593 issued to ILDE on December 21, 2012.