0001144204-16-090139.txt : 20160324 0001144204-16-090139.hdr.sgml : 20160324 20160324164042 ACCESSION NUMBER: 0001144204-16-090139 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160318 FILED AS OF DATE: 20160324 DATE AS OF CHANGE: 20160324 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Searchlight Minerals Corp. CENTRAL INDEX KEY: 0001084226 STANDARD INDUSTRIAL CLASSIFICATION: METAL MINING [1000] IRS NUMBER: 980232244 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: #120 - 2441 WEST HORIZON RIDGE PARKWAY CITY: HENDERSON STATE: NV ZIP: 89052 BUSINESS PHONE: (702) 939-5247 MAIL ADDRESS: STREET 1: #120 - 2441 WEST HORIZON RIDGE PARKWAY CITY: HENDERSON STATE: NV ZIP: 89052 FORMER COMPANY: FORMER CONFORMED NAME: PHAGE GENOMICS, INC DATE OF NAME CHANGE: 20050516 FORMER COMPANY: FORMER CONFORMED NAME: PHAGE GENOMICS INC DATE OF NAME CHANGE: 20031231 FORMER COMPANY: FORMER CONFORMED NAME: REGMA BIO TECHNOLOGIES LTD DATE OF NAME CHANGE: 20020221 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ORING MARTIN B CENTRAL INDEX KEY: 0001246393 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-30995 FILM NUMBER: 161527464 MAIL ADDRESS: STREET 1: 10817 GRANDE BLVD. CITY: WEST PALM BEACH STATE: FL ZIP: 33412 4 1 v435271_form4.xml OWNERSHIP DOCUMENT X0306 4 2016-03-18 0 0001084226 Searchlight Minerals Corp. SRCH 0001246393 ORING MARTIN B #100 - 2360 WEST HORIZON RIDGE PKWY. HENDERSON NV 89052 1 1 0 0 CEO and President Common Stock 2016-03-18 4 P 0 6291314 A 6679749 I By Martin Oring Financial Trust Common Stock 2016-03-18 4 P 0 1700371 A 1722921 I By Wealth Preservation Defined Benefit Plan The reported securities were issued pursuant to the conversion of all the principal and accrued but unpaid interest owing by Searchlight Minerals Corp. (the "Company") to the Martin Oring Financial Trust pursuant to its Secured Convertible Promissory Notes dated September 18, 2013, in the amount $220,196.00 as of March 18, 2016. Such debt was converted at a conversion price of $0.035 per share. Mrs. Olivia Oring is one of the trustees of the Martin Oring Financial Trust Dated December 20, 2006 ("Financial Trust"), which was created for the benefit of Mr. Oring's children and grandchildren. Mr. Oring has no voting or investment power, direct or indirect, over the Financial Trust. The reported securities were issued pursuant to the conversion of all the principal and accrued but unpaid interest owing by Searchlight Minerals Corp. (the "Company") to the Wealth Preservation Defined Benefit Plan pursuant to its Secured Convertible Promissory Notes dated September 18, 2013, in the amount $59,513.00 as of March 18, 2016. Such debt was converted at a conversion price of $0.035 per share. These shares are held by Wealth Preservation, Defined Benefit Plan, of which Mr. Martin Oring and Mrs. Olivia Oring are sole beneficiaries and trustees, and in such capacity are deemed to hold voting and dispositive power over the securities held by the Wealth Preservation Defined Benefit Plan. Mrs. Olivia Oring is Mr. Oring's wife. /s/ Martin B. Oring 2016-03-24