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