Filing Details

Accession Number:
0001432093-10-000947
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-12-20 18:13:16
Reporting Period:
2010-10-01
Filing Date:
2010-12-20
Accepted Time:
2010-12-20 18:13:16
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1301299 Siberian Energy Group Inc. SIBN.OB Drilling Oil & Gas Wells (1381) 522207080
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1471855 Elena Pochapski 275 Madison Ave, 6Th
New York NY 10016
Cfo Yes Yes No 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 Acquisiton 2010-10-01 2,716,655 $0.11 3,036,655 No 4 J Direct
N/A Acquisiton 2010-10-01 0 $0.00 0 No 4 S Indirect Through minor child.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Direct
No 4 S Indirect Through minor child.
Footnotes
  1. In October 2010, the Issuer entered into Debt Conversion Agreements with nine (9) creditors of the Issuer including Ms. Pochapski, the Issuer's Chief Financial Officer, who converted $298,832 of debt owed to her by the Issuer into 2,716,655 shares of restricted common stock at the rate of one share for each $0.11 of debt converted (the "Conversion"). The Conversion price of $0.11 per share was calculated based on the average market price of the Issuer's common stock on the Over-The-Counter Bulletin Board for the six months prior to September 30, 2010.