CUSIP No. 92262A206
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1
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NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Barry Honig
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨
(b) ¨
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF SHARES
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5
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SOLE VOTING POWER
10,000 (1)
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BENEFICIALLY
OWNED BY
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6
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SHARED VOTING POWER
325,179 (1) (2)
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EACH
REPORTING
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7
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SOLE DISPOSITIVE POWER
10,000 (1)
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PERSON WITH
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8
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SHARED DISPOSITIVE POWER
325,179 (1) (2)
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
335,179 (1) (3)
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10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.65% (based on 3,873,754 shares of common stock outstanding as of March 23, 2016) (1)
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12
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TYPE OF REPORTING PERSON*
IN
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(1)
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Reflects the Issuer’s reverse split of its outstanding common stock on a 1-for-8 basis (the “Reverse Split”).
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(2)
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Represents shares of common stock held by GRQ Consultants, Inc. 401K. Barry Honig is the Trustee of GRQ Consultants, Inc., 401K, and in such capacity he holds voting and dispositive power over securities held by such entity.
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(3)
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Includes 10,000 shares of common stock held by Barry Honig and 325,179 shares of common stock held by GRQ Consultants, Inc. 401K.
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CUSIP No. 92262A206
|
1
|
NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
GRQ Consultants, Inc. 401K
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨
(b) ¨
|
3
|
SEC USE ONLY
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Florida
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NUMBER OF SHARES
|
5
|
SOLE VOTING POWER
0
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BENEFICIALLY
OWNED BY
|
6
|
SHARED VOTING POWER
325,179 (1)
|
EACH
REPORTING
|
7
|
SOLE DISPOSITIVE POWER
0
|
PERSON WITH
|
8
|
SHARED DISPOSITIVE POWER
325,179 (1)
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
325,179 (1)
|
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.39% (based on 3,873,754 shares of common stock outstanding as of March 23, 2016) (1)
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12
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TYPE OF REPORTING PERSON*
OO
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(1)
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Reflects the Reverse Split.
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(1)
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Reflects the Reverse Split.
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(2)
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Represents shares of common stock held by GRQ Consultants Inc., 401K. Barry Honig is the Trustee of GRQ Consultants, Inc. 401K, and in such capacity he holds voting and dispositive power over securities held by such entity.
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(3)
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Includes 10,000 shares of common stock held by Barry Honig and 325,179 shares of common stock held by GRQ Consultants, Inc. 401K.
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Date: April 4, 2016
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By:
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/s/ Barry Honig
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Barry Honig
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Date: April 4, 2016
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GRQ Consultants, Inc. 401K
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By:
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/s/ Barry Honig
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GRQ Consultants Inc., 401K, Trustee
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