Filing Details
- Accession Number:
- 0001450715-10-000003
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-03-17 13:00:00
- Reporting Period:
- 2010-03-03
- Filing Date:
- 2010-03-17
- Accepted Time:
- 2010-03-17 16:56:41
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 799426 | New World Brands Inc | NWBD | Communications Equipment, Nec (3669) | 020401674 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1292196 | Selvin Passen | 2019 Sw 20Th Street, Suite #102 Ft. Lauderdale FL 33315 | 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 0.01 | Acquisiton | 2010-03-03 | 30,720,913 | $0.01 | 132,290,404 | No | 4 | P | Indirect | Through a 50% ownership of P&S Spirit LLC. see Note 1, above. |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Indirect | Through a 50% ownership of P&S Spirit LLC. see Note 1, above. |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock, Par Value 0.01 | Warrants | Acquisiton | 2010-03-03 | 715,089 | $0.01 | 715,089 | $0.21 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 16,353,978 | 2010-03-03 | 2010-12-31 | No | 4 | P | Indirect |
Footnotes
- Dr. Passen owns 50% of P&S Spirit LLC, which entered into a transaction to acquire 61,441,827 shares of common stock of New World Brands, Inc., and a warrant to acquire another 1,430,178 shares. As a result, Dr. Passen may be deemed to have acquired one half of those positions, ie., - 30,720,913 shares of NWB common stock, and warrants to acquire another 715,089 shares of NWB common stock.
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