0001094891-16-000449.txt : 20160404
0001094891-16-000449.hdr.sgml : 20160404
20160404135743
ACCESSION NUMBER: 0001094891-16-000449
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160331
FILED AS OF DATE: 20160404
DATE AS OF CHANGE: 20160404
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Long Island Iced Tea Corp.
CENTRAL INDEX KEY: 0001629261
STANDARD INDUSTRIAL CLASSIFICATION: BEVERAGES [2080]
IRS NUMBER: 472624098
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 116 CHARLOTTE AVENUE
CITY: HICKSVILLE
STATE: NY
ZIP: 11801
BUSINESS PHONE: (855) 542-2832
MAIL ADDRESS:
STREET 1: 116 CHARLOTTE AVENUE
CITY: HICKSVILLE
STATE: NY
ZIP: 11801
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: WATSON E J
CENTRAL INDEX KEY: 0001018319
STATE OF INCORPORATION: Q2
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-55448
FILM NUMBER: 161549919
MAIL ADDRESS:
STREET 1: C/O DAVIS POLK & WARDWELL
STREET 2: 450 LEXINGTON AVE
CITY: NEW YORK
STATE: NY
ZIP: 10017
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2016-03-31
0001629261
Long Island Iced Tea Corp.
LTEA
0001018319
WATSON E J
LEVEL 9, 68 SHORTLAND STREET
P.O. BOX 91269
AUKLAND
Q2
NEW ZEALAND
0
0
1
0
Convertible Promissory Note
4.00
2016-03-31
4
J
0
22561.00
22561.00
A
2016-03-31
Common Stock
5640
1010128.00
I
by Brentwood LIIT Inc.
Represents qurterly interest earned on the principal balance of the Convertible Promissory Note, which was paid in-kind by adding it to the principal balance of the note. The Convertible Promissory Note was issued in consideration of a loan made by Brentwood LIIT Inc. to Long Island Brand Beverages LLC, the issuer's wholly owned subsidiary.
All or any portion of the outstanding principal amount of the Convertible Promissory Note, and all accrued and unpaid interest thereon, are convertible, at the option of Brentwood LIIT Inc., into shares of the issuer's common stock. The loan matures on November 23, 2018.
Brentwood LIIT Inc. is an entity controlled by Mr. Watson. Mr. Watson disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
/s/ Eric J. Watson
2016-04-04