- Statement of Changes in Beneficial Ownership (4)
12 April 2010 - 11:19PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
PAGANO JOSEPH K
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2. Issuer Name
and
Ticker or Trading Symbol
SentiSearch, Inc.
[
SSRC
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__
X
__ Director
__
X
__ 10% Owner
__
X
__ Officer (give title below)
_____ Other (specify below)
Chairman, CEO, Treasurer & Sec
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(Last)
(First)
(Middle)
C/O SENTISEARCH, INC., 1217 SOUTH FLAGLER DRIVE
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3. Date of Earliest Transaction
(MM/DD/YYYY)
4/8/2010
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(Street)
WEST PALM BEACH, FL 33401
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security
(Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code
(Instr. 8)
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4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock, par value $.0001 per share
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4/8/2010
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C
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1020027
(1)
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A
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$0.05
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2190292
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D
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Common Stock, par value $.0001 per share
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4/9/2010
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G
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523815
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D
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$0
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1666477
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D
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Common Stock, par value $.0001 per share
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25000
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I
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Held of record by the Joseph A. Pagano, Jr. Trust
(2)
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Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 3)
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2. Conversion or Exercise Price of Derivative Security
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3. Trans. Date
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3A. Deemed Execution Date, if any
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4. Trans. Code
(Instr. 8)
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5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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6. Date Exercisable and Expiration Date
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7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
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8. Price of Derivative Security
(Instr. 5)
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9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
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10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
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11. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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(A)
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(D)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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Subordinated Convertible Promissory Note
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$0.05
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4/8/2010
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C
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51001.37
(3)
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4/8/2010
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(1)
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Common Stock
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1020027
(1)
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$0
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0
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D
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Explanation of Responses:
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(
1)
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Mr. Pagano was the holder of a Subordinated Convertible Promissory Note dated October 26, 2009 (the "Convertible Note") in
the principal amount of $50,000, plus interest made by SentiSearch, Inc. (the "Company"). Pursuant to the terms of the
Convertible Notes, the exercise price was determined on April 8, 2010 at $0.05 per share. On April 8, 2010, Mr. Pagano
elected to convert the Convertible Note into the number of shares set forth in the table in satisfaction of the principal
and interest outstanding on such date.
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(
2)
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The Joseph Pagano, Jr. Trust is a trust established for the reporting person's son. The reporting person disclaims beneficial
ownership of these securities. Does not include 1,651,972 shares held by The Joseph A. Pagano, Jr. 2007 Trust, over which
Mr. Pagano has no investment or voting control.
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(
3)
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Represents the principal and interest outstanding under the Convertible Note at April 8, 2010.
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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PAGANO JOSEPH K
C/O SENTISEARCH, INC.
1217 SOUTH FLAGLER DRIVE
WEST PALM BEACH, FL 33401
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X
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X
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Chairman, CEO, Treasurer & Sec
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Signatures
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/s/ Joseph K. Pagano
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4/12/2010
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**
Signature of Reporting Person
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Date
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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*
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If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
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**
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Note:
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File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
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Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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