0001493152-16-011389.txt : 20160707
0001493152-16-011389.hdr.sgml : 20160707
20160707152234
ACCESSION NUMBER: 0001493152-16-011389
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160705
FILED AS OF DATE: 20160707
DATE AS OF CHANGE: 20160707
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: chatAND, Inc.
CENTRAL INDEX KEY: 0001529133
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 272761655
STATE OF INCORPORATION: NV
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 321 W 44M STREET
STREET 2: #808
CITY: NEW YORK
STATE: NY
ZIP: 10036
BUSINESS PHONE: 516 241 3288
MAIL ADDRESS:
STREET 1: 321 W 44M STREET
STREET 2: #808
CITY: NEW YORK
STATE: NY
ZIP: 10036
FORMER COMPANY:
FORMER CONFORMED NAME: chatAND Inc
DATE OF NAME CHANGE: 20110901
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: STEFANSKY DAVID
CENTRAL INDEX KEY: 0001320581
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-54587
FILM NUMBER: 161756481
MAIL ADDRESS:
STREET 1: 850 THIRD AVENUE, SUITE 1801
CITY: NEW YORK
STATE: NY
ZIP: 10022
4
1
form4.xml
X0306
4
2016-07-05
1
0001529133
chatAND, Inc.
CHAA
0001320581
STEFANSKY DAVID
C/O CHATAND, INC.
244 5TH AVENUE, SUITE 68
NEW YORK
NY
10001
1
0
1
0
Common Stock, par value $0.00001
6208308
D
10% Convertible Promissory Note
0.01
2016-07-05
4
P
0
15000
15000
A
Common Stock
1500000
1500000
D
Warrant to Purchase Shares of Common Stock
0.02
2016-07-05
4
P
0
0.00
0.00
A
2021-07-05
Common Stock
750000
750000
D
Represents the following number of shares owned by the Reporting Person: (i) 6,020,099 shares issued on April 30, 2014 pursuant to an exchange of an identical number of shares previously issued to the Reporting Person pursuant to the terms of the Senior Secured Convertible Promissory Note and Warrant to Purchase Shares of Common Stock as set forth as Exhibits 10.4 and 10.5, respectively, to the Issuer's Registration Statement on Form S-1 filed with the Securities and Exchange Commission on September 2, 2011 and issued to the Reporting Person by the Issuer in June 2011 and; (ii) 153,409 shares issued to the Reporting Person on June 17, 2011; and (iii) 34,800 shares held by the Reporting Person in his brokerage account.
On July 5, 2016, the Reporting Person invested $15,000 in the Issuer pursuant to the terms of a 10% Convertible Promissory Note (the "Note"). The Note is convertible at $0.01 per share and is convertible at any time after issuance until all principal and/or accrued interest has either by repaid or converted. The Note is due on July 5, 2017. In the event the Company raises additional capital at a price per share below $0.01, the conversion price of the Note shall be reduced to such an amount.
In connection with the Note, the Issuer issued to the Reporting Person a Warrant to Purchase Shares of Common Stock for 750,000 shares of the Issuer's common stock (the "Warrant"). The Warrant is exercisable from the date of issuance for a period of five years. The exercise price of the Warrant is $0.02 per share and the Warrant contains a cashless exercise option at the discretion of the Reporting Person. In the event the Company raises additional capital at a price per share below $0.02, the conversion price of the Warrant shall be reduced to such an amount; provided, however, the $0.01 conversion price of the Note shall not trigger this provision.
/s/ David Stefansky
2016-07-07