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DYNAMIC APPLICATIONS CORP FILES (8-K/A) Disclosing Unregistered Sale of Equity Securities

May 28, 2014



Item 3.02 Unregistered Sales of Equity Securities.

During the periods set forth in the table below, Dynamic Applications Corp. (the "Registrant") issued and/or sold restricted shares of its common stock to named individuals and entities. The Registrant, through inadvertence, failed to file Forms 8-K for the issuance and sale of unregistered securities within 4 days of February 28, 2014, March 11, 2014, March 31, 2014 and April 15, 2014. The purpose of this amended Form 8-K filing is to correct certain disclosure in the Forms 8-K filed on May 22, 2014.

The following table sets forth information regarding the issuance/sale of unregistered securities (shares of common stock) by the Registrant from January 1, 2014 to through April 30, 2014, at which date the Registrant had a total of 48,534,082 shares of common stock issued and outstanding. Included in the table are shares issued upon the conversion of convertible notes inclusive of interest at 15% per annum, shares issued for services valued at $.01 per share and shares issued for cash consideration at a subscription price of $0.005 per share:

Name of Issuee Date of Issuance Bases for Amount of Shares Issued Issuance Note(s) Amir Uziel 2/28/14 Conversion $6,954 and 913,000 of Notes $2,186 Tena Holdings GmbH (1) 2/28/14 Conversion $1,738 and 349,300 of Notes $1,755 Lavi Krasney 2/28/14 Conversion $6,885 688,500 of Note Akiva Shonfeld 2/28/14 Conversion $2,412 and 366,500 of Notes $1,253 Amita S.A. (2) 2/28/14 Conversion $5,929 592,900 of Note L&L Holdings (3) 2/28/14 Conversion $1,514 and 2,383,100 of Notes $22,317 Asher G. Mediouni 2/28/14 Conversion $13,901, $5,589 2,947,000 of Notes and $9,990 Ofliam L.L.C. (4) 2/28/14 Conversion $6,111 and 3,657,100 of Notes $30,466 Kfir Silbrman 2/28/14 Conversion $999 and $1,953 295,200 of Notes 3/11/14 Services N/A 2,000,000 IMWT Holdings Ltd. (5) valued at $20,000 3/11/14 Services N/A 2,000,000 KE Zurich Capital valued at $20,0001 3/11/14 Services N/A 1,000,000 Tzvika Borodizki valued at $10,000 3/11/14 Services N/A 1,000,000 Asaf Itschaik valued at $10,000 L&L Holdings 3/31/14 Conversion $5,294 529,400 of Note 3/31/14 Services N/A 1,470,600 L&L Holdings valued at $14,700



Bransville Investment Ltd. (6) 3/31/14 Conversion $3,620 362,000

of Note 3/31/14 Services N/A 1,638,000 Bransville Investment Ltd. (6) valued at 16,380 Short Trade Ltd (7) 4/15/14 Subscription N/A 500,000 at $.005 Ben-Zion Weiner 4/15/14 Subscription N/A 1,250,000 at $.005 Yoel Yogev 4/15/14 Subscription N/A 500,000 at $.005 Ariela Krasney 4/15/14 Subscription N/A 2,000,000 at $.005 Oded Gilboa 4/15/14 Subscription N/A 150,000 at $.005 David Massas 4/15/14 Subscription N/A 300,000 at $.005 Total Unregistered Shares Issued 26,892,000 (1) Tena Holdings is controlled by Daren Bitan, a resident of Israel. (2) Amit SA is controlled by Haem Arusi, a resident of Israel. (3) L&L Holdings is controlled by Ruiz Diaz Rolon Rosa, a resident of Argentina. (4) Ofliam LLC is controlled by Patric Sasun Resident of Luxembourg (5) IMWT is controlled by John Shafat, a resident of Austria (6) Branseville Investments is controlled by Albert Oliverio, a resident of Gibraltar. (6) Short Trade Ltd is controlled by Shlomo Noyman, a resident of Israel.


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Source: Edgar Glimpses