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 |
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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*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Investview, Inc. [ INVU ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 12/03/2015 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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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) | 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, $0.001 par value | 12/03/2015 | P | 1,500 | A | $0.15 | 161,838 | D | |||
Common Stock, $0.001 par value | 12/04/2015 | P | 1,000 | A | $0.15 | 162,838 | D | |||
Common Stock, $0.001 par value | 12/04/2015 | P | 1,000 | A | $0.12 | 163,838 | D | |||
Common Stock, $0.001 par value | 12/04/2015 | P | 500 | A | $0.12 | 164,338 | D | |||
Common Stock, $0.001 par value | 12/31/2015 | P | 300 | A | $0.1 | 164,838 | D | |||
Common Stock, $0.001 par value | 12/31/2015 | P | 1,306 | A | $0.15 | 166,144 | D | |||
Common Stock, $0.001 par value | 12/31/2015 | P | 194 | A | $0.15 | 166,338 | D | |||
Common Stock, $0.001 par value | 12/31/2015 | P | 500 | A | $0.15 | 166,838 | D | |||
Common Stock, $0.001 par value | 12/31/2015 | P | 500 | A | $0.15 | 167,338 | D | |||
Common Stock, $0.001 par value(1) | 04/29/2016(1) | J | 900,000 | A | $0.1 | 1,067,338 | D | |||
Common Stock, $0.001 par value(2) | 04/29/2016(2) | J | 100,000 | A | $0.1 | 1,167,338 | D | |||
Common Stock, $0.001 par value | 10/13/2016 | P | 30,000 | A | $0.01 | 1,197,338 | D | |||
Common Stock, $0.001 par value | 10/13/2016 | P | 35,000 | A | $0.01 | 1,232,338 | D | |||
Common Stock, $0.001 par value | 10/13/2016 | P | 9,500 | A | $0.005 | 1,241,838 | D | |||
Common Stock, $0.001 par value | 10/17/2016 | P | 10,000 | A | $0.005 | 1,251,838 | D | |||
Common Stock, $0.001 par value | 10/17/2016 | P | 30,000 | A | $0.005 | 1,281,838 | D | |||
Common Stock, $0.001 par value | 10/17/2016 | P | 18,000 | A | $0.005 | 1,299,838 | D | |||
Common Stock, $0.001 par value | 10/17/2016 | P | 72,000 | A | $0.005 | 1,371,838 | D | |||
Common Stock, $0.001 par value | 12/01/2016 | P | 50,000 | A | $0.004 | 1,421,838 | D | |||
Common Stock, $0.001 par value(3) | 03/24/2017(3) | J | 900,000 | A | $0.004 | 2,321,838 | D | |||
Common Stock, $0.001 par value(4) | 03/24/2017(4) | J | 1,914,080 | A | $0.05 | 4,235,918 | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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 |
Explanation of Responses: |
1. On April 29, 2016 the reporting person was issued 900,000 shares of common stock in lieu cash salary in the amount of $90,000 accrued as of 4/01/2016, which transaction was approved by the non-interested directors of the Company. |
2. On April 29th, 2016, the reporting person was granted 100,000 shares of common stock for services as a director, which transaction was approved by the non-interested directors of the Company. |
3. On 3/24/2017 the reporting person was granted an additional 900,000 shares of common stock as an adjustment to the conversion done on 4//29/2016 for $90,000 in accrued salary at $0.10 per share due to the significant decline in the stock price, which transaction was approved by the non-interested directors of the Company. |
4. On 3/24/2017 the reporting person acquired 1,914,080 shares of common stock in lieu of cash salary in the $91,704 accrued as of 12/31/2016, which transaction was approved by the non-interested directors of the Company. |
/s/ William C. Kosoff | 08/03/2017 | |
** 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. |