4//SEC Filing
SENTRA CONSULTING CORP 4
Accession 0001144204-08-000652
CIK 0001385872operating
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 1:24 PM ET
Size
12.9 KB
Accession
0001144204-08-000652
Insider Transaction Report
Form 4
SEPTIMUS BONNIE
Director
Transactions
- Other
Promissory Note
2007-10-08$0.25/sh+1,500$375→ 0 totalExercise: $1000.00→ Common Stock (6,000,000 underlying) - Gift
Common Stock
2007-12-28−400,000→ 2,420,000 total - Other
Promissory Note
2007-12-27$0.25/sh+100$25→ 0 totalExercise: $1000.00→ Common Stock (400,000 underlying) - Other
Common Stock
2007-12-21+2,070,000→ 2,820,000 total
Footnotes (9)
- [F1]Pursuant to Exchange Agreement dated December 21, 2007, by and between Sentra Consulting Corp., Karat Platinum LLC, and the members of Karat Platinum LLC, the Reporting Person exchanged her 2,070,000 membership interests in Karat Platinum LLC for 2,070,000 shares of common stock of the Issuer.
- [F2]On December 28, 2007, the Reporting Person gifted an aggregate of 400,000 shares of common stock to various charitable organizations which she held prior to the Exchange Agreement dated December 21, 2007.
- [F3]On October 8, 2007, the Issuer issued a promissory note to the Reporting Person in exchange for a loan to the Issuer of up to $1,500,000. This note is convertible into shares of the Issuer's Series B Convertible Preferred Stock at $1,000 per share.
- [F4]As of December 31, 2007, the Reporting Person loaned the Issuer $1,500,000 in accordance with the note. The note is convertible into 1,500 shares of Series B Convertible Preferred Stock.
- [F5]As of December 31, 2007, each share of Series B Convertible Preferred Stock is convertible into shares of the Issuer's common stock at $0.25 per share, for an aggregate of 6,000,000 shares.
- [F6]On December 27, 2007, the Issuer issued a promissory note to the Reporting Person in exchange for a loan to the Issuer of up to $100,000. This note is convertible into shares of the Issuer's Series A Convertible Preferred Stock at $1,000 per share.
- [F7]As of December 31, 2007, the Reporting Person leaned the Issuer $100,000 in accordance with the note. The note is convertible into 100 shares of Series A Convertible Preferred Stock.
- [F8]As of December 31, 20077, each share of Series A Convertible Preferred Stock is convertible into shares of the Issuer's common stock at $0.25 per share, for an aggregate of 400,000 shares.
- [F9]The shares of preferred stock are immediately exercisable into shares of common stock at the option of the Reporting Person and have no expiration date.
Documents
Issuer
SENTRA CONSULTING CORP
CIK 0001385872
Entity typeoperating
Related Parties
1- filerCIK 0001385872
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 1:24 PM ET
- Size
- 12.9 KB