SEC Form 4
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
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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*
NLBDIT 2010 SERVICES, LLC

(Last) (First) (Middle)
45 NORTH STATION, SUITE 214
ATTENTION: SAMIR MASRI

(Street)
GREAT NECK NY 11021

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DanDrit Biotech USA, Inc. [ NONE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/12/2014
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
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 02/12/2014 U (1) 4,400,000 D $0.0001 600,000 D
Common Stock 02/12/2014 U (1) 4,400,000 D $0.0001 600,000 I Footnote (2)
Common Stock 02/12/2014 U (1) 4,400,000 D $0.0001 600,000 I Footnote (3)
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
1. Name and Address of Reporting Person*
NLBDIT 2010 SERVICES, LLC

(Last) (First) (Middle)
45 NORTH STATION, SUITE 214
ATTENTION: SAMIR MASRI

(Street)
GREAT NECK NY 11021

(City) (State) (Zip)
1. Name and Address of Reporting Person*
NATHAN LOW 2008 IRREVOCABLE TRUST

(Last) (First) (Middle)
C/O SUNRISE SECURITIES CORP
641 LEXINGTON AVENUE, 25TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)
1. Name and Address of Reporting Person*
LOW NATHAN A

(Last) (First) (Middle)
C/O SUNRISE SECURITIES CORP.
600 LEXINGTON AVENUE, 23RD FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)
Explanation of Responses:
1. On February 12, 2014, pursuant to the terms and conditions of a Cancellation Agreement, by and between the issuer and the issuer and NLBDIT 2010 Services, LLC (the "Reporting Person"), the issuer cancelled an aggregrate of 4,400,000 shares of the Common Stock owned by and the Reporting Person. Following the cancellation, the Repoting Person retained 600,000 sharse of common stock of the issuer.
2. Represents the shares of common stock owned of record by the Reporting Person and beneficially by The Nathan Low 2008 Irrevocable Trust ("Low Trust"). The Low Trust owns 100% of the outstanding membership interests of the Reporting Person and may be deemed to beneficially own the shares of common stock held of record by the Reporting Person.
3. Represents the shares of Common Stock owned of record by the Reporting Person and beneficially by Nathan A. Low. Mr. Low is the family trustee of the Low Trust and has voting and dispositive control over any securities owned of record or beneficially by the Low Trust. Therefore, Mr. Low may be deemed to beneficially own the shares of common stock held by the Reporting Person.
/s/ Samir Masri, Manager of NLBDIT 2010 Services LLC 02/14/2014
/s/ Nathan A. Low, Trustee of The Nathan Low 2008 Irrevocable Trust 02/14/2014
/s/ Nathan A. Low 02/14/2014
** 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).
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