Repository Services Llc - Dec 20, 2021 Form 4 Insider Report for American Metals Recovery & Recycling Inc. (MBGH)

Role
10%+ Owner
Signature
/s/ BRIAN BRICK. on behalf of Repository Services LLC
Stock symbol
MBGH
Transactions as of
Dec 20, 2021
Transactions value $
$0
Form type
4
Date filed
12/28/2021, 02:14 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBGH COMMON STOCK Sale -7.92M -100% 0 Dec 20, 2021 Direct F1, F3
transaction MBGH PREFERRED STOCK Sale -600K -100% 0 Dec 20, 2021 Direct F1, F3
transaction MBGH COMMON STOCK Sale -200K -100% 0 Dec 20, 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Repository Services Llc is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On December 20, 2021 Multiband Global Resources, LLC, a Delaware limited liability company ("Multiband") closed on the acquisition of 7,923,230 common shares and 600,000 preferred shares of the Issuer pursuant to the terms of the Stock Purchase Agreement dated December 3, 2021, by and among Multiband and the Reporting Person. The Reporting Person is informed and believes that said shares were cancelled and extinguished and converted into the right by Multiband to receive cash in an amount equal to Five Hundred Thousand US Dollars ($500,000) without interest thereon
F2 On December 20, 2021, the Reporting Person transferred 200,000 shares of common stock to an unrelated, non affiliate of the Reporting Party and a non affiliate of the Issuer..
F3 Reference is made to the Form 8-K filed by the Issuer on December 27, 2021. See footnote (1) above. Reporting Party disclaims any knowledge of any events other than those contained in the Stock Purchase Agreement dated December 3, 2021