0000899243-15-006918.txt : 20151020 0000899243-15-006918.hdr.sgml : 20151020 20151020193416 ACCESSION NUMBER: 0000899243-15-006918 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20151016 FILED AS OF DATE: 20151020 DATE AS OF CHANGE: 20151020 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: True Drinks Holdings, Inc. CENTRAL INDEX KEY: 0001134765 STANDARD INDUSTRIAL CLASSIFICATION: MEDICINAL CHEMICALS & BOTANICAL PRODUCTS [2833] IRS NUMBER: 841575085 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 18552 MACARTHUR BOULEVARD STREET 2: SUITE 325 CITY: IRVINE STATE: CA ZIP: 91612 BUSINESS PHONE: 9492033500 MAIL ADDRESS: STREET 1: 18552 MACARTHUR BOULEVARD STREET 2: SUITE 325 CITY: IRVINE STATE: CA ZIP: 91612 FORMER COMPANY: FORMER CONFORMED NAME: BAZI INTERNATIONAL, INC. DATE OF NAME CHANGE: 20100803 FORMER COMPANY: FORMER CONFORMED NAME: XELR8 HOLDINGS, INC. DATE OF NAME CHANGE: 20070321 FORMER COMPANY: FORMER CONFORMED NAME: VITACUBE SYSTEMS HOLDINGS INC DATE OF NAME CHANGE: 20040331 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Smith Vincent C CENTRAL INDEX KEY: 0001106662 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32420 FILM NUMBER: 151167155 MAIL ADDRESS: STREET 1: 2560 EAST CHAPMAN AVENUE STREET 2: #173 CITY: ORANGE STATE: CA ZIP: 92869 FORMER NAME: FORMER CONFORMED NAME: SMITH VINCENT C DATE OF NAME CHANGE: 20000214 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2015-10-16 0 0001134765 True Drinks Holdings, Inc. TRUU 0001106662 Smith Vincent C 2560 E. CHAPMAN AVENUE #173 ORANGE CA 92869 0 0 1 0 Series C Convertible Preferred Stock 2015-10-16 4 P 0 8823 113.33 A Common Stock 5882000 26471 I Red Beard Holdings, LLC Common Stock Warrant (Right to Acquire) 0.17 2015-10-16 4 P 0 1816500 0.00 A Common Stock 1816500 1816500 I Red Beard Holdings, LLC On October 16, 2015, the Issuer entered into Amendment No. 1 to the Securities Purchase Agreement (the "Amendment") with Red Beard Holdings, LLC, a Delaware limited liability company ("Red Beard"), which amended the terms of that certain Securities Purchase Agreement, originally entered into by the parties on August 13, 2015. Pursuant to the Amendment, Red Beard purchased an additional 8,823 shares of the Issuer's Series C Convertible Preferred Stock (the "Series C Preferred") effective as of October 16, 2015 (the "Amendment Closing") for $113.33 per share. Each share of Series C Preferred has a stated value of $100 per share (the "Stated Value") and is convertible into that number of shares of the Issuer's Common Stock (the "Common Stock") equal to the Stated Value, divided by $0.15 per share. As a result, the 8,823 shares of Series C Preferred are convertible into 5,882,000 shares of the Common Stock. The shares of Series C Preferred are exercisable immediately upon issuance and have no expiration date. The securities reported in this row are held by Red Beard. The Reporting Person is the Manager of Red Beard and has sole power to vote and dispose of the securities held by Red Beard. Pursuant to the Amendment, Red Beard also acquired warrants (the "Warrants") to purchase that number of shares of Common Stock equal to 35% of the number of shares of Common Stock determined by dividing (x) the Stated Value of the shares of Series C Preferred purchased in the Amendment Closing by (y) the exercise price of the Warrants, which is $0.17 per share. Accordingly, Red Beard received Warrants to purchase an aggregate of 1,816,500 shares of the Common Stock. The Warrants have a five-year term and are immediately exercisable. /s/ Vincent C. Smith 2015-10-20