0001209191-18-047286.txt : 20180817
0001209191-18-047286.hdr.sgml : 20180817
20180817140406
ACCESSION NUMBER: 0001209191-18-047286
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180328
FILED AS OF DATE: 20180817
DATE AS OF CHANGE: 20180817
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Vargas Harrison
CENTRAL INDEX KEY: 0001729188
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-54923
FILM NUMBER: 181025467
MAIL ADDRESS:
STREET 1: 10007 VESTAL PLACE
CITY: CORAL SPRINGS
STATE: FL
ZIP: 33071
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Cuentas Inc.
CENTRAL INDEX KEY: 0001424657
STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-GROCERIES & RELATED PRODUCTS [5140]
IRS NUMBER: 463243320
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 19 W. FLAGLER ST.
STREET 2: SUITE 507
CITY: MIAMI
STATE: FL
ZIP: 33130
BUSINESS PHONE: (800) 611-3622
MAIL ADDRESS:
STREET 1: 19 W. FLAGLER ST.
STREET 2: SUITE 507
CITY: MIAMI
STATE: FL
ZIP: 33130
FORMER COMPANY:
FORMER CONFORMED NAME: NEXT GROUP HOLDINGS, INC.
DATE OF NAME CHANGE: 20160418
FORMER COMPANY:
FORMER CONFORMED NAME: Pleasant Kids, Inc.
DATE OF NAME CHANGE: 20141223
FORMER COMPANY:
FORMER CONFORMED NAME: NYBD Holding, Inc.
DATE OF NAME CHANGE: 20130719
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2018-03-28
1
0001424657
Cuentas Inc.
NXGH
0001729188
Vargas Harrison
10007 VESTAL PLACE
CORAL SPRINGS
FL
33071
0
0
0
1
Former 10% Owner
Common Stock
2018-03-28
4
P
0
300000
0.0299
A
27693253
D
Common Stock
2018-03-29
4
P
0
1656698
0.0293
A
29349951
D
Common Stock
2018-05-02
4
P
0
198000
0.03
A
29547951
D
Common Stock
2018-05-03
4
P
0
312000
0.0322
A
29859951
D
Common Stock
2018-05-04
4
P
0
140049
0.0322
A
30000000
D
Common Stock
2018-05-09
4
P
0
900000
0.03
A
30900000
D
Common Stock
2018-08-10
4
P
0
700000
0.0145
A
31600000
D
Common Stock
3900000
I
*
Common Stock
82109
I
*
The reporting person's purchase of common stock reported herein may be deemed to be matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended, to the extent of 60,000 shares, with the reporting person's previously reported sale of 60,000 shares of common stock at a weighted average price of $0.039 per share on January 8, 2018. The reporting person has voluntarily disgorged any profits deemed realized from such transactions to Next Group Holdings, Inc.
The price reported in Column 4 is a weighted average price. The shares were purchased on the open market at prices ranging from $0.026 to $0.0297 per share. Mr. Vargas undertakes to provide Next Group Holdings, Inc., any security holder of Next Group Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in Footnote (2).
The price reported in Column 4 is a weighted average price. The shares were purchased on the open market at prices ranging from $0.0312 to $0.033 per share. Mr. Vargas undertakes to provide Next Group Holdings, Inc., any security holder of Next Group Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in Footnote (3).
The price reported in Column 4 is a weighted average price. The shares were purchased on the open market at prices ranging from $0.032 to $0.0322 per share. Mr. Vargas undertakes to provide Next Group Holdings, Inc., any security holder of Next Group Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in Footnote (4).
The registrant announced that on August 13, 2018, the Financial Industry Regulatory Authority (FINRA) approved the registrant's previously disclosed 1:300 reverse stock split of its common stock. Columns 4 and 5 report transactions and ownership before the reverse stock split and therefore do not reflect its effect.
Mr. Vargas owns 3,900,000 shares of the common stock of Next Group Holdings, Inc. indirectly through Varsatel Corporation and Comtel Direct, LLC. Mr. Vargas is the sole stockholder, sole director, and chief executive officer of Varsatel Corporation. Mr. Vargas is the sole member of CHT Holdings, LLC, which is the managing member of Comtel Direct, LLC.
Shares owned by spouse who shares Mr. Vargas's household. Mr. Vargas disclaims beneficial ownership of the shares owned by his spouse, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
/s/ Harrison Vargas
2018-08-13