Filing Details

Accession Number:
0001135432-12-000018
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-06-25 21:22:32
Reporting Period:
2012-02-13
Filing Date:
2012-06-25
Accepted Time:
2012-06-25 21:22:32
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1470915 Sunpeaks Ventures Inc. SNPK Metal Mining (1000) 270777112
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1544181 Mackie Barch 9337 Fraser Ave
Silver Springs MD 20910
Ceo, Cfo, Pres, Tres. And Sec. Yes Yes 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 2012-02-13 200,000,000 $0.00 200,000,000 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Class A Preferred Stock Acquisiton 2012-02-13 3,000,000 $0.00 15,000,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
3,000,000 2012-02-13 No 4 P Direct
Footnotes
  1. On February 13, 2012, Sunpeaks Ventures, Inc. entered into a Share Exchange Agreement with Healthcare Distribution Specialists, LLC ("HDS"), and Mackie Barch, the managing member of HDS. Under the terms of the agreement, Mr. Barch exchange 100% of the outstanding membership interests of HDS for: (i) 200,000,000 newly-issued shares of Sunpeaks' common stock, and (ii) 3,000,000 shares of newly-issued Sunpeaks' Class A Preferred Stock.
  2. Mr. Barch acknowledges that of the 200,000,000 shares of Sunpeaks' common stock held by him, 60,000,000 shares are being held for the benefit of Justin R. Barch and 60,000,000 shares are being held for the benefit of Matthew J. Swift. Mr. Barch can determine, in his sole discretion, when to transfer record ownership of these 120,000,000 shares and maintains the right to vote the shares until the record ownership is transferred. As a result, Mr. Barch still has direct ownership of all 200,000,000 shares.
  3. Each share of Sunpeaks' Class A Preferred Stock is convertible into five shares of Sunpeaks' common stock at the discretion of the holder and with no conversion price.
  4. The shares of Sunpeaks' Class A Preferred Stock do not expire.