0000897423-15-000033.txt : 20150611 0000897423-15-000033.hdr.sgml : 20150611 20150611171751 ACCESSION NUMBER: 0000897423-15-000033 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150528 FILED AS OF DATE: 20150611 DATE AS OF CHANGE: 20150611 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TORCHLIGHT ENERGY RESOURCES INC CENTRAL INDEX KEY: 0001431959 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 743237581 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 5700 W. PLANO PARKWAY, SUITE 3600 CITY: PLANO STATE: TX ZIP: 75093 BUSINESS PHONE: (214) 432-8002 MAIL ADDRESS: STREET 1: 5700 W. PLANO PARKWAY, SUITE 3600 CITY: PLANO STATE: TX ZIP: 75093 FORMER COMPANY: FORMER CONFORMED NAME: Pole Perfect Studios, Inc. DATE OF NAME CHANGE: 20080409 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: G Mc Exploration, LLC CENTRAL INDEX KEY: 0001644005 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36247 FILM NUMBER: 15926748 BUSINESS ADDRESS: STREET 1: 400 PINE STREET STREET 2: SUITE 700 CITY: ABILENE STATE: TX ZIP: 79601 BUSINESS PHONE: 432-684-0018 MAIL ADDRESS: STREET 1: 400 PINE STREET STREET 2: SUITE 700 CITY: ABILENE STATE: TX ZIP: 79601 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: McCabe Greg CENTRAL INDEX KEY: 0001643337 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36247 FILM NUMBER: 15926749 MAIL ADDRESS: STREET 1: 500 WEST TEXAS AVE. STREET 2: SUITE 890 CITY: MIDLAND STATE: TX ZIP: 79701 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2015-05-28 0001431959 TORCHLIGHT ENERGY RESOURCES INC TRCH 0001643337 McCabe Greg 500 WEST TEXAS AVE. SUITE 890 MIDLAND TX 79701 0 0 1 0 0001644005 G Mc Exploration, LLC 400 PINE STREET SUITE 700 ABILENE TX 79601 0 0 1 0 Common Stock 2015-05-28 4 X 0 631250 .36 A 4300000 D Options (right to buy) .36 2015-05-28 4 X 0 631250 0 D 2015-03-30 Common Stock 631250 0 D Series A Convertible Preferred Stock 1.15 2015-06-09 4 P 0 30000 100.00 A 2015-06-09 Common Stock 2608695 643695 D Series A Convertible Preferred Stock 1.15 2015-06-09 4 P 0 5000 100.00 A 2015-06-09 Common Stock 434782 643695 I See footnote Warrants 1.40 2015-06-09 4 P 0 521739 A 2015-06-09 2020-06-09 Common Stock 521739 643695 D Warrants 1.40 2015-06-09 4 P 0 86956 A 2015-06-09 2020-06-09 Common Stock 86956 643695 I See footnote The options would have expired 30 days following receipt by the Reporting Person of information from the Issuer with respect to certain well(s) to be drilled by the Issuer, as described in the Schedule 13D Statement dated May 27, 2015 filed by the Reporting Person with respect to the common stock of the Issuer. The Series A preferred stock is convertible into shares of common stock in an amount determined by multiplying the number of shares of preferred stock being converted by the preferred stock's stated value of $100 and dividing the product by a conversion price of $1.15. The Series A preferred stock may be converted into common stock at any time and will in any case be converted into common stock on June 9, 2016; provided that the Series A preferred stock shall not be converted into common stock to the extent such conversion would cause the holder to have beneficial ownership of more than 20% of the issuer's outstanding shares of common stock unless such conversion has been approved by the issuer's stockholders. Includes 30,000 shares of Series A preferred stock and warrants with respect to 521,739 shares of common stock owned of record by the reporting person and 5,000 shares of Series A preferred stock and warrants with respect to 86,956 shares of common stock owned of record by G Mc Exploration, LLC. Securities owned of record by G Mc Exploration, LLC, in which the reporting person owns 50% of the outstanding membership interests. Warrants issued in connection with the investment in issuer in which the Series A preferred stock was issued. /s/ Greg McCabe 2015-06-11 /s/ Greg McCabe, President of G Mc Exploration, LLC 2015-06-11