SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Sapinda Asia Ltd (Last) (First) (Middle) ROOMS 803-4, 8TH FLOOR HANG SENG BANK BUILDING, 200 HENNESSY RD (Street) WANCHAI, HONG KONG K3 00000 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol SecureAlert, Inc. [ SCRA ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 12/03/2012
	4. If Amendment, Date of Original Filed (Month/Day/Year) 03/12/2013	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	02/04/2013		J(2)		94,509,600	A	$0.0225	970,120,201	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Convertible Loan	$0.0225	12/03/2012		J(3)		$16,640,000		03/01/2013	(3)	Common Stock	739,555,556	(3)	$16,640,000	D
Option to purchase Common Stock	$0.0477	02/01/2013		J(4)		1(4)		02/01/2013	02/28/2013	Common Stock	104,914,420	(4)	1(4)	D
Convertible Debenture	$0.0225	02/04/2012		J(2)			$2,000,000	(2)	(2)	Common Stock	94,509,600	(2)	$0	D

1. Name and Address of Reporting Person* Sapinda Asia Ltd (Last) (First) (Middle) ROOMS 803-4, 8TH FLOOR HANG SENG BANK BUILDING, 200 HENNESSY RD (Street) WANCHAI, HONG KONG K3 00000 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Windhorst Lars (Last) (First) (Middle) C/O SAPINDA ASIA LTD, RMS 803-4, 8TH FLR HANG SENG WANCHAI BLDG, 200 HENNESY ROAD (Street) WANCHAI K3 999077 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. This Form 4 is filed jointly by Sapinda Asia Limited ("Sapinda Asia") and Lars Windhorst (collectively, the "Reporting Persons"). As the sole shareholder of Sapinda Asia, Mr. Windhorst may be deemended to beneficially own the Common Stock beneficially owned by Sapinda Asia. Mr. Windhorst disclaims beneficial ownership of such shares of Common Stock except to the extent of his pecuniary interest therein.

2. On February 4, 2013, Sapinda Asia converted $2,000,000 aggregate principal amount in convertible debentures at a rate of $0.0225 per share, receiving a total of 94,509,600 shares of Common Stock.

3. On December 3, 2012, Sapinda Asia entered into a Loan and Security Agreement with the Issuer pursuant to which among other things Sapinda Asia loaned $16,640,000 to the Issuer. This loan, along with any accrued and unpaid interest and fees, is convertible into Common Stock at a rate of $0.0225 per share, for a total of 739,555,556 shares. The loan is due on June 17, 2014.

4. On February 1, 2013, Sapinda Asia entered into a Settlement Agreement and Royalty and Share Buy Back with the Issuer and Borinquen Container Corporation ("BQN") pursuant to which among other things BQN granted Sapinda Asia an option to purchase all of BQN's Common Stock and Series D Preferred Stock for $5,000,000 by February 28, 2013. If exercised, Sapinda Asia would have owned an additional 81,514,420 shares of Common Stock and 3,900 shares of Series D Preferred Stock, each of which was convertible into 6,000 shares of Common Stock, for a total of 104,914,420 shares of Common Stock. The option expired unexercised on February 28, 2013.

Remarks:

Sapinda Holding B.V. ("Sapinda Holding") has filed a joint Schedule 13D reporting beneficial ownership of Common Stock. Sapinda Holding and Sapinda Asia are not affiliated entities. Sapinda Holding and the Reporting Person know each other well and have often co-invested and pursued similar interests with regard to their mutual investments. Both entities regularly consult one another with regard to their mutual investment strategies. The entities may (or may not) pursue a common investment strategy with regard to the Issuer.

	Sapinda Asia Limited; By: /s/ Lars Windhorst, Authorized Signatory	11/05/2013
	By: /s/ Lars Windhorst	11/05/2013
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.