Filing Details

Accession Number:
0001493152-19-016463
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-11-05 16:30:11
Reporting Period:
2019-11-01
Accepted Time:
2019-11-05 16:30:11
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
771999 Document Security Systems Inc DSS Paperboard Containers & Boxes (2650) 161229730
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1261725 Ambrose Fai Heng Chan C/o Document Security Systems, Inc.
200 Canal View Blvd., Suite 300
Rochester NY 14623
Yes 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 Acquisiton 2019-11-01 6,000,000 $0.30 6,446,428 No 4 P Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 2,077,682 Direct
Common Stock 1,786,531 Indirect See Footnote
Common Stock 500,000 Indirect See Footnote
Common Stock 683,000 Indirect See Footnote
Footnotes
  1. On November 1, 2019, Document Security Systems, Inc., a New York corporation (the "Company") entered into and closed on a subscription agreement (the "Subscription Agreement") with LiquidValue Development Pte Ltd., an entity owned and controlled by the Reporting Person. Pursuant to the Subscription Agreement, LiquidValue Development Pte Ltd. purchased 6,000,000 shares of the Company's common stock at a purchase price of $0.3037 per share. The Reporting Person has dispositive control over these securities.
  2. Held by Heng Fai Holdings Limited, of which Reporting Person is the owner. The Reporting Person has dispositive control over these securities.
  3. Held by BMI Capital Partners International Limited, of which the Reporting Person is an owner and director. The Reporting Person has dispositive control over these securities.
  4. Held by Hengfai Business Development Pte Ltd, of which Reporting Person is the Chief Executive Officer and Owner. The Reporting Person has dispositive control over these securities.