Locan, Inc. (fka LOCN)

[jaxstraw]

10-12G/A for Locan Inc -( 10/28/2010 filed)

http://www.sec.gov/Archives/edgar/data/1431837/000122527910000223/f101025locanform10a1clean.htm

(Use this link to find all filings with LOCN or LOCAN in the text...http://searchwww.sec.gov/EDGARFSClient/jsp/EDGAR_MainAccess.jsp )


ITEM 4. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT


The following table sets forth certain information regarding the beneficial ownership of our common stock as of May 13, 2008, by (i) each person who is known by us to own beneficially more than 10 % of our outstanding common stock; (ii) each of our officers and directors; and (iii) all of our directors and officers as a group. None of the current shareholders have received or will receive any extra or special benefits that were not shared equally (pro-rata) by all holders of shares of our stock.

Name and Address of Beneficial Owner
Amount of Common Stock Beneficially Owned
Percentage Ownership of Common stock(1)

Professional Traders Fund, LLC 1
83,000,000
62.38%

Ronald D. Long
0
0%

All Officers and Directors as a Group
(1 person)
83,000,000
62.38%

1 83,000,000 shares of common stock are owned by Professional Traders Fund, LLC. Marc Swickle and Howard Berger are the managers of Professional Traders Fund, LLC, and have dispositive control over the shares.