0001493152-17-000427.txt : 20170112 0001493152-17-000427.hdr.sgml : 20170112 20170112213924 ACCESSION NUMBER: 0001493152-17-000427 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170102 FILED AS OF DATE: 20170112 DATE AS OF CHANGE: 20170112 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: REALBIZ MEDIA GROUP, INC CENTRAL INDEX KEY: 0001430523 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE AGENTS & MANAGERS (FOR OTHERS) [6531] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 BUSINESS ADDRESS: STREET 1: 201 W. PASSAIC STREET STREET 2: SUITE 301 CITY: ROCHELLE PARK STATE: NJ ZIP: 07662 BUSINESS PHONE: 888-732-5249 MAIL ADDRESS: STREET 1: 201 W. PASSAIC STREET STREET 2: SUITE 301 CITY: ROCHELLE PARK STATE: NJ ZIP: 07662 FORMER COMPANY: FORMER CONFORMED NAME: WEBDIGS INC DATE OF NAME CHANGE: 20080324 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bhatnagar Anshu CENTRAL INDEX KEY: 0001693901 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34106 FILM NUMBER: 17526267 MAIL ADDRESS: STREET 1: 9711 WASHINGTON BLVD., #550 CITY: GAITHERSBURG STATE: MD ZIP: 20878 4 1 form4.xml X0306 4 2017-01-02 0 0001430523 REALBIZ MEDIA GROUP, INC RBIZ 0001693901 Bhatnagar Anshu 9711 WASHINGTON BLVD., #550 GAITHERSBURG MD 20878 1 1 0 0 Chief Executive Officer Common Stock 2017-01-10 4 M 0 11581467 0.006 A 11581467 D Common Stock 2017-01-10 4 F 0 2331838 0.0298 D 9249629 D Warrants 0.006 2017-01-02 4 A 0 11581467 A 2017-01-02 Common Stock 11581467 11581467 D Series A Convertible Preferred Stock 1.00 2017-01-09 4 A 0 100000 0.0061 A 2017-01-09 Common Stock 5000 100000 D Series C Convertible Preferred Stock 0.05 2017-01-06 4 A 0 100000 1.00 A 2017-01-06 Common Stock 10000000 100000 D Warrants 0.006 2017-01-10 4 M 0 11581467 D 2017-01-02 Common Stock 11581467 0 D The warrants were acquired pursuant to an agreement between Mr. Bhatnagar and the Company, dated January 2, 2017, pursuant to which Mr. Bhatnagar agreed to take on the role of director and CEO. No other consideration was paid for these warrants. The number of shares received through conversion of Series A Convertible Preferred Stock is the Stated Value ($0.05) divided by the Conversion Price ($1.00), resulting in 0.05 shares of common stock issuable upon conversion of each share of Series A Convertible Preferred Stock. The number of shares received through conversion of Series C Convertible Preferred Stock is the Stated Value ($5.00) divided by the Conversion Price ($0.05), resulting in 100 shares of common stock issuable upon conversion of each share of Series C Convertible Preferred Stock. On January 10, 2017, the reporting person exercised a warrant to purchase 11,581,467 shares of common stock for $0.006 per share. The reporting person paid the exercise price on a cashless basis, resulting in a withholding of 2,331,838 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 9,249,629 shares. No expiration date /s/ Anshu Bhatnagar 2017-01-12