Filing Details

Accession Number:
0001337851-11-000003
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-02-08 16:21:47
Reporting Period:
2011-02-07
Filing Date:
2011-02-08
Accepted Time:
2011-02-08 16:21:47
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1097430 International Monetary Systems Ltd ITNM Services-Business Services, Nec (7389) 391924096
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1337851 Praetorian Capital Management Llc 1000 South Pointe Drive
Suite 1508
Miami Beach FL 33139
No 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 $0.0001 Disposition 2011-02-07 50,000 $0.68 1,284,000 No 4 S Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnote
Footnotes
  1. This Form 4 is being filed by Praetorian Capital Management LLC, a Delaware Limited Liability Company (the "Management Company") which serves as investment manager or advisor to Praetorian Offshore Ltd. (the "Fund") with respect to the shares identified in this filing. The Management Company makes the investment and voting decisions on behalf of the Fund but owns no direct investments in the securities of the Issuer. The Fund directly owns the shares of the Common Stock of the Issuer but does not make any decisions as to voting or buying or selling shares of the Issuer.Praetorian Offshore Ltd. owns 1,284,000 shares, after a sale of 50,000 shares on February 7, 2011.