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