Chui Shu Keung 4
4 · Business Development Solutions, Inc. · Filed Apr 1, 2009
Insider Transaction Report
Form 4
Chui Shu Keung
DirectorChief Executive Officer10% Owner
Transactions
- Award
Common Stock, par value $0.00001 per share
2009-03-30+11,947,802→ 13,447,802 total - Award
Common Stock, par value $0.00001 per share
2007-10-10$1.00/sh+120,000$120,000→ 1,500,000 total
Holdings
- 1,380,000
Common Stock, par value $0.00001 per share
Footnotes (3)
- [F1]Adjusted for a one-for-five reverse stock split of the Issuer's common stock, effected on January 10, 2006.
- [F2]On October 10, 2007, the Reporting Person acquired an aggregate of 120,000 shares of the common stock of the Company (the "Shares"), for a purchase price of $1.00 per Share, or $120,000 in the aggregate, pursuant to a stock purchase agreement, dated October 10, 2007, among Junmin Xu, Wei Dong Hu and the Reporting Person.
- [F3]On March 30, 2009, the Issuer completed a reverse acquisition transaction through a share exchange with TripMart Limited, a British Virgin Islands company ("TripMart"), and the owners of all issued and outstanding capital stock of TripMart, including the Reporting Person, who held an 84% interest in TripMart prior to the reverse acquisition. Pursuant to the reverse acquisition, the Issuer acquired 100% of the outstanding capital stock of TripMart in exchange for 14,200,000 shares of the Issuer's common stock, par value $0.00001. As a result of this transaction, the Reporting Person is now the beneficial owner of approximately 13,447,802, or 83.47% of the Issuer's outstanding common stock.