UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Skaggs Gregory L. 370 CLAGGET ROAD LEITCHFIELD, KY 42754 |
 |  X |  |  |
/s/ Gregory L. Skaggs | 12/02/2010 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The reported securities are held by PSQ, LLC, a limited liability company of which the reporting person is the sole managing member. On November 17, 2010, the reporting person purchased 100% of the membership interests in PSQ, LLC in exchange for the reporting person's assumption of promissory notes issued by the seller to Accredited Investor Resources, LLC in the original principal amounts of $1,925,000 and $1,221,172.20. As a result, the reporting person may be deemed to beneficially owns the shares of the Issuer's common stock held by PSQ, LLC. The reporting person disclaims beneficial ownership of the Issuer's common stock held by PSQ, LLC except to the extent of his pecuniary interest therein. |