Filing Details

Accession Number:
0001144204-12-010989
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-02-27 11:07:10
Reporting Period:
2010-11-08
Filing Date:
2012-02-27
Accepted Time:
2012-02-27 11:07:10
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1413754 Gbs Enterprises Inc GBSX Wholesale-Furniture & Home Furnishings (5020) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1491042 Joerg Ott 585 Molly Lane
Woodstock GA 30189
Ceo And Chairman Yes Yes 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 Acquisiton 2010-11-08 300,000 $0.00 300,000 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,550,000 Indirect See Footnote
Footnotes
  1. As previously reported by the Issuer, on April 26, 2010, Lotus Holdings Limited ("Lotus") acquired a majority of the outstanding Common Stock of the Issuer (then known as SWAV Enterprises, Ltd. (OTCBB: SWAV)). On November 8, 2010, Lotus transferred 300,000 shares of Issuer's Common Stock to the Reporting Person in satisfaction of indebtedness owed the Reporting Person by Lotus at a price of $1.17 per share, or an aggregate of $351,000, in full satisfaction of such outstanding indebtedness.
  2. Held by vbv Vitamin-B Venture GmbH, an entity of which the Reporting Person is the Managing Member.