0001520138-17-000330.txt : 20171023 0001520138-17-000330.hdr.sgml : 20171023 20171023171635 ACCESSION NUMBER: 0001520138-17-000330 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20171017 FILED AS OF DATE: 20171023 DATE AS OF CHANGE: 20171023 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: COVELY FRED CENTRAL INDEX KEY: 0001660614 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-55572 FILM NUMBER: 171149552 MAIL ADDRESS: STREET 1: 1508 GRANDVIEW RD. CITY: VISTA STATE: CA ZIP: 92084 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: GREY CLOAK TECH INC. CENTRAL INDEX KEY: 0001630176 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 472594704 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 10300 W CHARLESTON STREET 2: STE 13-378 CITY: LAS VEGAS STATE: NV ZIP: 89135 BUSINESS PHONE: (702) 201-6450 MAIL ADDRESS: STREET 1: 10300 W CHARLESTON STREET 2: STE 13-378 CITY: LAS VEGAS STATE: NV ZIP: 89135 4 1 form4.xml OWNERSHIP DOCUMENT X0306 4 2017-10-17 0 0001630176 GREY CLOAK TECH INC. GRCK 0001660614 COVELY FRED 10300 W CHARLESTON BLVD. LAS VEGAS NV 89135 1 1 1 0 CEO Series A Covertible Preferred Stock 0.00 2017-10-17 4 A 0 41403 0.00 A 2017-10-17 Common Stock 6555322 41403 D Convertible Promissory Note 2017-10-17 4 P 0 30000 30000 A 2017-10-17 2018-10-17 Common Stock 4285715 30000 D Warrrants 0.25 2017-10-17 4 P 0 1200000 0.00 A 2017-10-17 2020-10-17 Common Stock 1200000 1200000 D Each share of the Series A Convertible Preferred Stock is convertible into the number of shares equal to 0.00006% of the Company's outstanding common stock immediately after conversion. As of October 20, 2017, the reporting person's Series A Convertible Preferred Stock was convertible into 6,555,322 shares of common stock. The Note has a $30,000 principal amount, bears interest at a rate of five percent per annum, and is convertible into shares of common stock at a conversion price equal to fifty percent (50%) of the average of the closing trading price for the Company's common stock during the three trading day period ending on the last trading day prior to the conversion date. As of October 20, 2017, that three day average was $0.014 per share, and the conversion price (50%) was $0.007 per share, for a total of 4,285,715 shares of common stock. Security does not expire. /s/ Fred Covely 2017-10-23