0001144204-11-032067.txt : 20110524
0001144204-11-032067.hdr.sgml : 20110524
20110524140549
ACCESSION NUMBER: 0001144204-11-032067
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110520
FILED AS OF DATE: 20110524
DATE AS OF CHANGE: 20110524
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BLECH ISAAC
CENTRAL INDEX KEY: 0000905536
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-27145
FILM NUMBER: 11867655
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Socialwise, Inc. (formerly known as IdeaEdge, Inc)
CENTRAL INDEX KEY: 0001062273
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RETAIL STORES, NEC [5990]
IRS NUMBER: 330756798
STATE OF INCORPORATION: CO
FISCAL YEAR END: 0930
BUSINESS ADDRESS:
STREET 1: 6440 LUSK BLVD.
STREET 2: SUITE 200
CITY: SAN DIEGO
STATE: CA
ZIP: 92121
BUSINESS PHONE: 858-677-0080
MAIL ADDRESS:
STREET 1: 6440 LUSK BLVD.
STREET 2: SUITE 200
CITY: SAN DIEGO
STATE: CA
ZIP: 92121
FORMER COMPANY:
FORMER CONFORMED NAME: IdeaEdge, Inc
DATE OF NAME CHANGE: 20071023
FORMER COMPANY:
FORMER CONFORMED NAME: VOS INTERNATIONAL INC
DATE OF NAME CHANGE: 20051018
FORMER COMPANY:
FORMER CONFORMED NAME: 1ST NET TECHNOLOGIES INC
DATE OF NAME CHANGE: 19990716
4
1
v223945_ex.xml
X0303
4
2011-05-20
0
0001062273
Socialwise, Inc. (formerly known as IdeaEdge, Inc)
SCLW.OB
0000905536
BLECH ISAAC
75 ROCKEFELLER PLAZA, 29TH FLOOR
NEW YORK
NY
10019
1
0
1
0
Common Stock, par value $0.001 per share
2011-05-20
4
P
0
12500000
0.40
A
17500000
I
By Trusts
Common Stock, par value $0.001 per share
5000000
D
Warrant (right to buy)
0.40
2011-05-20
4
P
0
12500000
0
A
2016-05-20
Common Stock, par value $0.001 per share
12500000
0
I
By Trusts
The Warrant provides an exercise limitation to the extent that the number of shares of Common Stock to be issued pursuant to
such exercise would exceed, when aggregated with all other shares of Common Stock beneficially owned by the Reporting
Person, the number of shares of Common Stock that would result in the Reporting Person owning in excess of 4.99% of the then
issued and outstanding shares of Common Stock. The Reporting Person may waive this limitation on 61 days' prior notice to
the Company, and any such waiver will not be effective until the 61st day after such notice is delivered. In no event may
the number of shares of the Common Stock outstanding immediately after giving effect to the issuance of shares upon exercise
of the Warrant held by the warrant holder exceed 9.99%. As a result of this exercise limitation (which has not been waived),
the Warrant is not exercisable within 60 days, and therefore are not beneficially owned by the Reporting Person.
/s/ Isaac Blech
2011-05-24