Home > Insider Trading > Filing (0001144204-11-000488)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1058307	Eclips Media Technologies Inc.	EEMT	Power, Distribution & Specialty Transformers (3612)	650783722

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1462174	D Gregory Cohen	336 West 37Th Street 8Th Floor New York NY 10019		Yes	No	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, $0.0001 Par Value	Disposition	2010-12-13	2,000,000	$0.00	5,000,000	No	4	J	Indirect	See footnote (1)
Common Stock, $0.0001 Par Value	Disposition	2011-01-03	4,900,000	$0.00	100,000	No	4	S	Indirect	See footnote (2)

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	J	Indirect	See footnote (1)
No	4	S	Indirect	See footnote (2)

Footnotes

Reporting Person was the indirect beneficial holder of 7,000,000 shares of common stock (the "Shares"), par value $0.0001 per share of the Issuer. Of the Shares, 5,500,000 are held by Colonial Ventures, LLC ("Colonial") and 1,500,000 are held by the Reporting Person's wife. Reporting Person has sole voting and dispositive power over the shares held by Colonial. On December 13, 2010, pursuant to an amendment of a Consulting Agreement between Colonial and the Issuer, 500,000 of Colonial's shares and the shares held by the Reporting Person's wife were cancelled.
The Reporting Person sold 4,900,000 shares of his common stock in a private transaction.