0000899243-17-010059.txt : 20170412 0000899243-17-010059.hdr.sgml : 20170412 20170412153418 ACCESSION NUMBER: 0000899243-17-010059 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170130 FILED AS OF DATE: 20170412 DATE AS OF CHANGE: 20170412 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: McCabe Greg CENTRAL INDEX KEY: 0001643337 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36247 FILM NUMBER: 17757954 MAIL ADDRESS: STREET 1: 500 WEST TEXAS AVE. STREET 2: SUITE 890 CITY: MIDLAND STATE: TX ZIP: 79701 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2017-01-30 0 0001431959 TORCHLIGHT ENERGY RESOURCES INC TRCH 0001643337 McCabe Greg 500 WEST TEXAS AVE, SUITE 890 MIDLAND TX 79701 1 0 1 0 Common Stock 2017-01-30 4 A 0 3301739 A 10264335 D Common Stock 797099 I See Footnote Warrants 1.40 2017-01-30 4 D 0 521739 D 2015-06-19 2020-06-09 Common Stock 521739 0 I See Footnote Warrants 1.00 2017-01-30 4 D 0 1500000 D 2016-04-04 2021-04-04 Common Stock 1500000 0 I See Footnote Securities were issued to the reporting person as consideration for the cancellation of the reporting person's membership interests in Line Drive Energy, LLC as a result of a merger of Torchlight Acquisition Corporation, a wholly owned subsidiary of the issuer, with and into Line Drive Energy, LLC. Securities owned of record by G Mc Exploration, LLC, in which the reporting person owns 50% of the outstanding membership interests. Reporting person received 3,301,739 shares of Common Stock as consideration for the cancellation of his membership interests in Line Drive Energy, LLC and the accompanying disposition of his indirect beneficial ownership of the warrants held by Line Drive Energy, LLC pursuant to the merger described in (1) above. The reporting person assigned these warrants to Line Drive Energy, LLC prior to the transaction described in in (1) above; at the time of assignment, the reporting person was the sole owner of Line Drive Energy, LLC. Wolfbone Investments, LLC arranged for the cancellation of the warrants as part of the consideration paid for the purchase of certain oil and gas interests by Torchlight Energy, Inc., a wholly owned subsidiary of the issuer; the reporting person is the sole owner of both Wolfbone Investments, LLC and McCabe Petroleum Corporation. Securities owned of record by McCabe Petroleum Corporation, of which the reporting person is the sole owner. /s/ Greg McCabe 2017-04-12