Amendment No. 1 to Schedule 13D
This Amendment No. 1, dated December 16, 2010, to Schedule 13D is filed on behalf of Anthony Pintsopoulos (the “Reporting Person”), and amends that certain Schedule 13D as previously filed by the Reporting Person with the Securities and Exchange Commission March 17, 2008 (the “Schedule 13D”) relating to the common stock, $0.0001 par value per share (the “Common Stock”), of Feigeda Electronic Technology, Inc. (formerly known as SRKP 20, Inc.) (the “Issuer” or “Company”), a Delaware corporation.
Items 3, 4, 5 and 7 of the Schedule 13D are hereby amended and restated as follows:
Item 3. Source and Amount of Funds or Other Consideration.
On October 11, 2007, the Reporting Person acquired directly from the Issuer 709,639 shares of Common Stock at an aggregate purchase price of $500.01 and a warrant to purchase 709,639 shares of Common Stock at an exercise price of $0.0001 per share (the “Warrant”) for an aggregate purchase price equal to $250.01. The source of funding for this purchase was personal funds. The Warrant is immediately exercisable and expires on the earlier of October 11, 2017 or five years from the date the Company consummates a merger or other business combination with an operating business or any other event pursuant to which the Issuer ceases to be a “shell company,” as defined by Rule 12b-2 under the Securities Exchange Act of 1934 and a “blank check company,” as defined by Rule 419 of the Securities Act of 1933.
As more fully described in Item 4, which is incorporated herein by reference, on December 16, 2010, in connection with a share exchange transaction, the Reporting Person cancelled (i) 415,639 shares of Common Stock and a warrant to purchase 612,739 shares of Common Stock owned by the Reporting Person, which decreased the number of shares beneficially owned by the Reporting Person from 1,419,278 to 390,900 shares. The Reporting Person did not receive any cash consideration for the cancellation of the shares or warrants.
Item 4. Purpose of Transaction
On April 21, 2010, SRKP 20 entered into a share exchange agreement with Immense Fortune, Legend, Shenzhen Feigeda and Finest Day Limited, the sole shareholder of Immense Fortune. On December 6, 2010, SRKP 20, Immense Fortune, Legend, Shenzhen Feigeda and Finest Day Limited entered into an amended and restated share exchange agreement (the “Exchange Agreement”). Pursuant to the Exchange Agreement, SRKP 20 agreed to issue an aggregate of 15,156,468 shares of its common stock in exchange for all of the issued and outstanding securities of Immense Fortune (the “Share Exchange”). The Share Exchange closed on December 16, 2010.
Upon the closing of the Share Exchange, SRKP 20 issued an aggregate of 15,156,468 shares of its common stock to designees of Finest Day Limited in exchange for all of the issued and outstanding securities of Immense Fortune. Prior to the closing of the Share Exchange, stockholders of SRKP 20 canceled an aggregate of 4,267,674 shares held by them such that there were 4,264,519 shares of common stock outstanding immediately prior to the Share Exchange. SRKP 20 stockholders also canceled warrants to purchase an aggregate of 6,913,236 shares of common stock such that the stockholders held warrants to purchase an aggregate of 2,293,519 shares of common stock immediately prior to the Share Exchange.
The foregoing summary of the Share Exchange is qualified in its entirety by reference to the copies of the Share Exchange Agreement, which is incorporated herein by reference, filed as Exhibit 2.1 to the Issuer's Current Report on Form 8-K filed with the Securities and Exchange Commission on December 22, 2010, which is incorporated herein by reference.
Item 5. Interest in Securities of the Issuer
(a) The Reporting Person beneficially owns an aggregate of 390,900 shares of Common Stock, representing 2% of the outstanding shares of Common Stock (based on the number of outstanding shares and warrants to purchase shares beneficially owned by the Reporting Person as of March 21, 2011).
(b) The Reporting Person has the sole right to vote and dispose of, or direct the disposition of, the 390,900 shares of Common Stock beneficially owned by the Reporting Person.
(c) All transactions in the class of securities reported or effected by the person named in Item 5(a) during the past 60 days may be found in Item 3.
(d) Other than the Reporting Person, no other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the 390,900 shares of Common Stock beneficially owned by the Reporting Person.
(e) The Reporting Person ceased to be a beneficial owner of more than 5% of the Common Stock on December 16, 2010.
Item 7. Material to be Filed as Exhibits.
Exhibit 1
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Amended and Restated Share Exchange Agreement dated December 6, 2010, by and among the Issuer, Immense Fortune Holdings Limited, Legend Media Holdings HK Limited, Feigeda Electronic (SZ) Co., Ltd. and Finest Day Limited (incorporated by reference to Exhibit 2.1 to the Current Report on Form 8-K filed with the Securities and Exchange Commission on December 22, 2010).
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After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Statement is true, complete, and correct.
Date: March 30, 2011
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/s/ Anthony Pintsopoulos
Anthony Pintsopoulos
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EXHIBIT INDEX
Exhibit 1
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Amended and Restated Share Exchange Agreement dated December 6, 2010, by and among the Issuer, Immense Fortune Holdings Limited, Legend Media Holdings HK Limited, Feigeda Electronic (SZ) Co., Ltd. and Finest Day Limited (incorporated by reference to Exhibit 2.1 to the Current Report on Form 8-K filed with the Securities and Exchange Commission on December 22, 2010).
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