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Filing Details

Accession Number:: 0001437749-10-001172
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-04-21 13:00:00
Reporting Period:: 2009-09-23

Filing Date:: 2010-04-21
Accepted Time:: 2010-04-21 21:41:05
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1081834	Uonlive Corp	UOLI	Radio Broadcasting Stations (4832)	870629754

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1440260	Yang Zeng	5/F Guangdong Finance Building 88 Connaught Road West Hong Kong PRC		Yes	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2009-09-23	250,000	$0.00	40,000,000	No	4	J	Indirect	Shares owned by Standford Global Capital Limited, which is 100% owned by Reporting Person
Common Stock	Acquisiton	2010-04-07	550,000	$0.10	950,000	No	4	P	Indirect	Shares owned by Standford Global Capital Limited, which is 100% owned by Reporting Person

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	J	Indirect	Shares owned by Standford Global Capital Limited, which is 100% owned by Reporting Person
No	4	P	Indirect	Shares owned by Standford Global Capital Limited, which is 100% owned by Reporting Person

Footnotes

Upon closing of a share exchange transaction on March 28, 2008, Ms. Zeng and Standford Global Capital acquired beneficial ownership of 15,000,000 shares of Uonlive Corporation's (f/k/a China World Trade) common stock and 250,000 shares of Series A Convertible Preferred Stock. Each share of Series A Convertible Preferred Stock was originally convertible into one hundred shares of common stock and became convertible into one share of common stock upon the consummation of the reverse stock split on September 23, 2009. The ratio for the reverse stock split was 1:100. The authorized capital of Uonlive remained at 200,000,000 shares, so that there were sufficient authorized shares to permit conversion of the Series A Convertible Preferred Stock after the reverse split.
As mentioned above, Uonlive Corporation consummated a 1:100 reverse stock split effective September 23, 2009, which reduced the number of issued and outstanding shares of common stock to a current figure of 1,996,355 and also reduced the conversion ratio of the Series A Convertible Preferred Stock from 1:100 to 1:1 pursuant to the terms of its certificate of designation. The reverse stock split did not affect the authorized shares of Common Stock of Uonlive, which remain at 200,000,000 shares. As a result, Ms. Zeng became the beneficial owner through Standford Global Capital of 250,000 shares of common stock underlying the Series A Convertible Preferred Stock. Standford Global Capital owns 700,000 shares of common stock post split after acquiring 550,000 shares of common stock at a purchase price of $0.10 per share from Oxford Global Capital Limited on April 7, 2010.
(continuation from footnote 2)It also owns 250,000 shares of Series A Convertible Preferred Stock. Ms. Zeng and Standford Global Capital would therefore be the beneficial owner of 950,000 shares of Common Stock.