FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 06/21/2010 |
3. Issuer Name and Ticker or Trading Symbol
SPEEDEMISSIONS INC [ SPMI ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 444,598 | D | |
Common Stock | 344,223 | I(1) | See Footnote (1) |
Common Stock | 305,438 | D(2) | |
Common Stock | 132,388 | I(3) | See Footnote (3) |
Common Stock | 26,500 | D(4) | |
Common Stock | 130,000 | I(5) | See Footnote (5) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
1. The reporting person has an indirect pecuniary interest in the 344,223 shares held by spouse. |
2. The reporting person has a direct pecuniary interest in the 305,438 shares held in IRA of Richard Molinsky. |
3. The reporting person has an indirect pecuniary interest in the 132,388 shares held in IRA of spouse. |
4. The reporting person has a direct pecuniary interest in the 26,500 shares held as JTWOS. |
5. The reporting person has an indirect pecuniary interest in the 130,000 shares held as Custodian under the Connecticut UGMA for the non-emancipated son of the reporting person, Max Molinsky. |
Remarks: |
The shares held indirectly above may, for purposes of Section 13(d) of the Exchange Act, be deemed to be beneficially owned by the Reporting Person specifically disclaims beneficial ownership of these shares except to the extent of his pecuniary interests there in. General Explanatory Note: The information set forth herein was inadvertently filed with the Securities and Exchange Commission on June 22, 2010 on Form 3/A (SEC Accession No. 0001140361-026405) under the wrong CIK of Max Communications, Inc., a company to which the reporting person serves as President and Sole Owner. |
/s/ Richard Molinsky | 06/22/2010 | |
** 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 5 (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. |