Pat Lavecchia, a director of Next 1 Interactive, Inc., recently acquired 123,600 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on December 03, 2015. Lavecchia now owns 124,100 shares of the company. Lavecchia operates out of Weston, FL. Some additional info was provided as follows:
The reporting person converted 61,800 shares of Series D Preferred stock into 123,600 shares of common stock of Monaker Group, Inc. per the terms of an exchange agreement. The shares of Series D Preferred Stock Preferred Stock were convertible at any time.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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