0001493152-16-012011.txt : 20160804
0001493152-16-012011.hdr.sgml : 20160804
20160804190644
ACCESSION NUMBER: 0001493152-16-012011
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160725
FILED AS OF DATE: 20160804
DATE AS OF CHANGE: 20160804
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CAROLCO PICTURES, INC.
CENTRAL INDEX KEY: 0001484769
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION [7812]
IRS NUMBER: 264330545
STATE OF INCORPORATION: FL
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2200 NW CORPORATE BOULEVARD, STE. 303
CITY: BOCA RATON
STATE: FL
ZIP: 33431
BUSINESS PHONE: 5619624175
MAIL ADDRESS:
STREET 1: 2200 NW CORPORATE BOULEVARD, STE. 303
CITY: BOCA RATON
STATE: FL
ZIP: 33431
FORMER COMPANY:
FORMER CONFORMED NAME: Brick Top Productions, Inc.
DATE OF NAME CHANGE: 20101129
FORMER COMPANY:
FORMER CONFORMED NAME: York Entertainment, Inc.
DATE OF NAME CHANGE: 20100222
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Cohen David Scott
CENTRAL INDEX KEY: 0001681537
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-55353
FILM NUMBER: 161808794
MAIL ADDRESS:
STREET 1: 1200 N. FEDERAL HIGHWAY
STREET 2: SUITE 200
CITY: BOCA RATON
STATE: FL
ZIP: 33432
4
1
form4.xml
X0306
4
2016-07-25
0
0001484769
CAROLCO PICTURES, INC.
CRCO
0001681537
Cohen David Scott
C/O CAROLCO PICTURES, INC.
5550 GLADES RD., STE 500
BOCA RATON
FL
33431
1
1
0
0
CEO
Series C Preferred Stock
2016-07-25
4
P
0
12750000
0.0001
A
Common Stock
25500000
12750000
I
South Centre, Inc.
The Issuer issued 12,750,000 shares of Series C Preferred Stock, par value $0.0001 per share, to South Centre, Inc. in exchange for $1,275 (price of $0.0001 per share). Each share of Series C Preferred Stock, par value $0.0001 per share, is convertible into two shares of Common Stock provided that this option is not exercisable until there are sufficient shares of Common Stock authorized for the conversion of all of the Series C Preferred Stock. There is no exercise price/additional consideration for exercising the Series C Preferred Stock and there is no expiration date as to the right to convert the Series C Preferred Stock into Common Stock. Each share of Series C Preferred Stock has one vote per share on all matters submitted to a vote of our stockholders.
On July 25, 2016, 2,500,000 shares of Series A Preferred Stock were redeemed by the Issuer from South Centre, Inc. for a price of $250 (price of $0.0001 per share). This left a balance of 2,500,000 shares of Series A Preferred Stock held by South Centre, Inc. Series A Preferred Stock, par value $0.0001 per share, has 100-to-1 voting preference where every one share of Series A Preferred Stock is equivalent in votes to one hundred shares of Common Stock. Series A Preferred Stock are not convertible into Common Stock.
South Centre, Inc. is the direct beneficial owner of the shares of Series C Preferred Stock and the shares of Series A Preferred Stock. David Cohen is the sole owner of South Centre, Inc. and is, therefore, an indirect beneficial owner of the shares of Series C Preferred Stock and the shares of the Series A Preferred Stock.
/s/ David Cohen
2016-08-04