| FORM 4 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
| |||||||||||||||
| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
| 2. Issuer Name and Ticker or Trading Symbol il2m INTERNATIONAL CORP. [ DYNH ] | 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
| ||||||||||||||||||||||||
| 3. Date of Earliest Transaction (Month/Day/Year) 05/11/2015 | ||||||||||||||||||||||||||
| 4. If Amendment, Date of Original Filed (Month/Day/Year) | 6. Individual or Joint/Group Filing (Check Applicable Line)
| |||||||||||||||||||||||||
| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Common Stock | 05/11/2015 | 05/11/2015 | J(1) | 400,000 | D | $0 | 0 | D | ||
| Common Stock | 05/11/2015 | 05/11/2015 | J(2) | 500,000 | D | $0 | 0 | D | ||
| Common Stock | 05/11/2015 | 05/11/2015 | J(3) | 124,100,000 | D | $0 | 0 | D | ||
| Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Explanation of Responses: |
| 1. Vartan Pilavjyan ("Pilavjyan") loaned the Reporting Person $100,000.00 for the purposes of providing working capital to the Issuer, which loan was evidenced by that certain promissory note dated March 14, 2014 in the principal amount of $100,000.00 issued by the Reporting Person to Pilavyjan, which provided that in the event the Reporting Person was unable to repay the $100,000 on the demand date, the Reporting Person in its sole discretion without the consent of Pilavjyan would transfer to Pilavjyan 400,000 shares of common stock of the Company that the Reporting Person held of record. |
| 2. Hovsep Karapetian ("Karapetian") loaned the Reporting Person $125,000.00 for the purposes of providing working capital to the Issuer, which loan was evidenced by that certain promissory note dated March 14, 2014 in the principal amount of $125,000.00 issued by the Reporting Person to Karapetian, which provided that in the event the Reporting Person was unable to repay the $125,000 on the demand date, the Reporting Person in its sole discretion without the consent of Karapetian would transfer to Karapetian 400,000 shares of common stock of the Company that the Reporting Person held of record. |
| 3. On April 27, 2015, the Issuer's Board of Directors and majority shareholders, believing it to be in the best interests of the Issuer and its shareholders, approved a termination of license and transfer of assets with the Reporting Person (the "Termination and Transfer of Assets"). Based on the terms and provisions of the Termination and Transfer of Assets, the Reporting Person returned 124,100,000 shares of common stock to the Issuer for cancellation and return to treasury. |
| /s/ Sarkis Tsaoussian | 05/13/2014 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (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). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| 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 Number. | ||
