Filing Details

Accession Number:
0001144204-14-032086
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-05-19 16:29:17
Reporting Period:
2014-05-19
Filing Date:
2014-05-19
Accepted Time:
2014-05-19 16:29:17
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1465470 Multiplayer Online Dragon Inc. MYDR Services-Computer Programming, Data Processing, Etc. (7370) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1294502 J William Delgado 9477 Greenback Lane
Suite 524A
Folsom CA 95630
President, Sec. & Treasurer Yes Yes 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 Acquisiton 2014-05-19 95,000,000 $0.00 95,000,000 No 4 P Indirect By Dragon Acquisitions LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Dragon Acquisitions LLC
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Acquisiton 2014-05-19 1,996,000 $0.00 1,996,000 $0.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,996,000 2014-11-19 No 4 P Indirect
Footnotes
  1. The shares were purchased in private transactions pursuant to certain Stock Purchase Agreements, each by and among Dragon Acquisitions LLC ("Dragon LLC") and certain shareholders of the Issuer (collectively, the "Sellers").
  2. The shares were purchased by Dragon LLC from the Sellers for the aggregate purchase price of $310,000.
  3. The securities are held by Dragon LLC, of which the Reporting Person is the sole member and the holder of all of the outstanding membership interests.
  4. The stock options (the "Purchase Options") were purchased in private transactions pursuant to certain Purchase Option Agreements (collectively, the "Option Agreements"), each by and among Dragon LLC and certain shareholders of the Issuer (collectively, the "Optionors").
  5. The Purchase Options are exercisable immediately.
  6. As consideration for the Purchase Options, Dragon LLC paid to each Optionor $10.00 upon full execution of each Option Agreement.