Filing Details

Accession Number:
0001360865-12-000019
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-04-11 17:16:00
Reporting Period:
2012-02-08
Filing Date:
2012-04-11
Accepted Time:
2012-04-11 16:16:00
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1436872 Prepayd Inc. PPDC Finance Services (6199) 760222016
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1115707 A Bruce Berman 20251 Sw Acacia St. #200
Newport Beach CA 92660
Ceo, Interim Cfo 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 Disposition 2012-02-08 28,125,000 $0.03 253,200,000 No 4 J Indirect See Footnote.
Common Stock Disposition 2012-02-24 7,000,000 $0.03 253,200,000 No 4 S Indirect See Footnote.
Common Stock Disposition 2012-02-24 1,500,000 $0.00 253,200,000 No 4 G Indirect See Footnote.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Indirect See Footnote.
No 4 S Indirect See Footnote.
No 4 G Indirect See Footnote.
Footnotes
  1. On February 8, 2012, two employees of Prepaid Card Holdings, Inc. exercised warrants to purchase shares personally held by Mr. Berman. The exercise price was $0.025.
  2. 21,700,000 of Mr. Berman's shares are held by Bruce A Berman Trust Dated 10/3/2002, of which Mr. Berman is trustee, and the remainder are held directly.
  3. Mr. Berman sold shares of common stock privately to existing shareholders of PrepaYd, Inc.