Fluent, Inc. — Director's Dealing 2010

Feb 3, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Searchmedia Holdings Ltd (IDI)
CIK: 0001460329
Period of Report: 2010-02-01

Reporting Person: Conway Paul Matthew (Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-01	Ordinary Shares, par value $0.0001 per share	A	100000	$0.00	Acquired	100000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-02-01	Employee Stock Option (right to buy)	$6.09	A	250000	Acquired	2010-02-01	Ordinary Shares (250000)	Direct

Footnotes

F1: The reporting person was granted 100,000 restricted shares of the Issuer which vests 100% on February 1, 2013, subject to certain acceleration provisions.

F2: The option vests in three equal installments beginning on February 1, 2011.