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