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
- 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.
- Held by Heng Fai Holdings Limited, of which Reporting Person is the owner. The Reporting Person has dispositive control over these securities.
- 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.
- 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.
Billionaire Hedge Funds
