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NextPlat Corp Director's Dealing 2010

Jun 29, 2010

34945_dirs_2010-06-29_d046b1c2-4e17-4186-8841-7f7ef0451a26.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ECLIPS MEDIA TECHNOLOGIES, INC. (EEMT)
CIK: 0001058307
Period of Report: 2010-04-21

Reporting Person: Cohen Gregory D (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-04-21 Common Stock, $0.0001 par value J 7000000 Acquired 7000000 Indirect

Footnotes

F1: Reporting Person was the indirect beneficial holder of 3,500,000 shares of common stock, par value $0.0001 per share ("EEGT Common Stock") of EClips Energy Technologies, Inc., a Florida corporation and former parent of the Issuer ("EEGT"). On April 21, 2010, EEGT merged with and into the Issuer for the purpose of changing the state of incorporation of the Issuer to Delaware from Florida, with the Issuer continuing as the surviving corporation (the "Merger"). Upon consummation of the Merger, each issued and outstanding share of EEGT Common Stock converted into two (2) shares of the Issuer's common stock, par value $0.0001 per share ("Common Stock").

F2: Represents 5,500,000 shares of Common Stock held by Colonial Ventures, LLC and 1,500,000 shares of Common Stock held by Michele Cohen, Reporting Person's wife. Reporting Person has sole voting and dispositive power over the shares held by Colonial Ventures, LLC.