Barry Honig
SOLE VOTING POWER:
SHARES
38,167,414(1)
BENEFICIALLY
8 SHARED VOTING POWER:
OWNED BY
76,467,117 (2)
EACH
9 SOLE DISPOSITIVE POWER:
REPORTING
38,167,414 (1)
PERSON
10
SHARED DISPOSITIVE POWER:
WITH 76,467,117 (2)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
114,634,532 (1) (2)
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
¨
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
28.44% (based on 351,996,041 shares of Common Stock issued and outstanding as of November 10, 2014)
14 TYPE OF REPORTING PERSON (See Instructions)
IN
(1) Includes (i) 21,267,964 shares of common stock held by Mr. Honig, (ii) options to purchase 13,400,000 shares of common stock held for the account of Mr. Honig which may be exercised within 60 days, (iii) 652 shares of Series E Preferred Stock held by Mr. Honig which may be converted in to 2,305,286 shares of common stock, and (iv) warrants to purchase 1,194,164 shares of common stock. All beneficial ownership numbers and percentages exclude unvested 1,000,000 shares of the Restricted Stock Award issued to Mr. Honig on June 18, 2012 by the Issuer and which would not vest within 60 days.
(2) Includes (i) 27,792,314 shares of common stock, (ii) 7,076,225 warrants to purchase shares of common stock, and (iii) 4,230 shares of Series E Preferred Stock which may be converted in to 14,956,072 shares of common stock held by GRQ Consultants, Inc. 401K (“GRQ 401K”); 993,908 shares of common stock held by GRQ Consultants, Inc. (“GRQ Consultants”); (i) 13,057,301 shares of common stock, (ii) 2,070 shares of Series E Preferred Stock which may be converted in to 7,318,929 shares of common stock, and (iii) warrants to purchase 2,020,918 shares of common stock held by GRQ Consultants, Inc. Roth 401K FBO Barry Honig (“GRQ Roth 401K”) and (i) 500,000 shares of common stock, (ii) 581 shares of Series E Preferred Stock which may be converted in to 2,054,250 shares of common stock and (iii) warrants to purchase 697,200 shares of common stock held by GRQ Consultants, Inc. Defined Benefit Plan (“GRQ Defined Plan”). Mr. Honig is the trustee of GRQ 401K, GRQ Roth 401K and GRQ Defined Plan and President of GRQ Consultants, and, in such capacity, has voting and dispositive power over the securities held by such entities.
