Ross Dimaggio - Oct 1, 2021 Form 4 Insider Report for PhoneBrasil International Inc (ACRU)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ACRU	Preferred Stock	Other		-1M	-50%		1M	Oct 1, 2021	Common Stock	30M		By DR Shell LLC	F1, F2, F3
transaction	ACRU	Series A Preferred Stock	Other		+125K			125K	Oct 1, 2021	Common Stock	62.4M		By DR Shell LLC	F2, F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Each share of Preferred Stock converts into 30 shares of common stock.
F2	Pursuant to a reclassification exempt under Rule 16b-7, 10,000,000 shares of Preferred Stock were reclassified into and exchanged for 3,094,503.43 shares of Series A Preferred Stock.
F3	The Reporting Person retained 1,000,000 shares of Preferred Stock in connection with the Share Exchange Agreement dated August 12, 2021, between the Issuer, Mikab Corporation, the shareholders of Mikab and DR Shell LLC.
F4	Each share of Series A Preferred Stock converts into 500 shares of common stock, subject to customary adjustments.
F5	The Series A Preferred Stock has no expiration date, except that it will be automatically converted immediately upon the effectiveness of a one-for-100 reverse stock split of the Issuer's issued and outstanding common stock.