PINX:IPUB Insider Activity 4 Filing - 8/30/2012

Effective Date 8/30/2012

PINX:IPUB Fair Value Estimate
Premium
PINX:IPUB Consider Buying
Premium
PINX:IPUB Consider Selling
Premium
PINX:IPUB Fair Value Uncertainty
Premium
PINX:IPUB Economic Moat
Premium
PINX:IPUB Stewardship
Premium
 
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
Smith David E
  2. Issuer Name and Ticker or Trading Symbol
IndiePub Entertainment, Inc. [IPUB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O COAST ASSET MANAGEMENT, LLC, 2450 COLORADO AVE., STE. 100, EAST TOWER
3. Date of Earliest Transaction (Month/Day/Year)
08/30/2012
(Street)

SANTA MONICA, CA 90404
4. If Amendment, Date 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
(City)
(State)
(Zip)
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

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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 control number. SEC 1474 (9-02)

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 Underlying Securities
(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 of Derivative Security: 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
Convertible Loan $0.4 08/30/2012   J(1)   362,500     (2) 03/31/2014(3) Common Stock 362,500 $145,000(1) 13,563,974 I Through MMB Holdings LLC

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Smith David E
C/O COAST ASSET MANAGEMENT, LLC
2450 COLORADO AVE., STE. 100, EAST TOWER
SANTA MONICA, CA 90404
    X    
MMB HOLDINGS LLC
888 LINDA FLORA DRIVE
LOS ANGELES, CA 90049
    X    
Mojobear Capital LLC
C/O COAST ASSET MANAGEMENT, LLC
2450 COLORADO AVE., SUITE 100 E. TOWER
SANTA MONICA, CA 90404
    X    

Signatures

 /s/ David E. Smith (on behalf of himself and the other Reporting Persons)   08/30/2012
** Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) On August 30, 2012, MMB Holdings LLC ("MMB") made an additional loan of $145,000 to indiePub Entertainment, Inc. (f/k/a Zoo Entertainment, Inc.) ("indiePub") and its subsidiaries (collectively, the "Borrowers") pursuant to the Loan and Security Agreement entered into among the Borrowers and MMB on March 9, 2012 and amended on July 30, 2012 (the "Loan Agreement"). Under the Loan Agreement, MMB may, at any time and from time to time, convert all or any portion of the Borrowers' obligations thereunder into shares of indiePub common stock ("Common Stock") at the conversion price of $0.40 per share. If all of the current outstanding principal under the Loan Agreement were so converted, MMB would receive a total of 13,563,974 shares of Common Stock.
(2) Currently exercisable.
(3) The loans under the Loan Agreement mature on March 31, 2014, unless accelerated pursuant to the Loan Agreement.
 
Remarks:
Mojobear Capital LLC ("Mojobear") is the managing member of MMB.  Mr. Smith is the sole member of Mojobear.  Each of Mr. Smith, MMB and Mojobear (collectively, the "Reporting Persons") disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein.  This Form 4 shall not be deemed to be an admission that any Reporting Person is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"), or for any other purpose or that any transaction reported hereunder is subject to Section 16.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

PINX:IPUB indiePub Entertainment Inc Insider Activity 4 Filling

indiePub Entertainment Inc PINX:IPUB Stock - Get Insider Activity SEC Filing of indiePub Entertainment Inc PINX:IPUB stocks, including company profile, shares outstanding, strategy, business segments, operations, officers, consolidated financial statements, financial notes and ownership information.

PINX:IPUB indiePub Entertainment Inc Insider Activity 4 Filing - 8/30/2012
Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol |  Title Star Rating |  Category |  Total Assets |  Top Holdings |  Top Sectors |  Symbol |  Name Title |  Date |  Author |  Collection |  Interest |  Popularity Topic |  Sector |  Key Indicators |  User Interest |  Market Cap |  Industry Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol / Ticker |  Title Star Rating |  Category |  Total Assets |  Symbol / Ticker |  Name Title |  Date |  Author |  Collection |  Popularity |  Interest Title |  Date |  Company |  Symbol |  Interest |  Popularity Topic |  Sector |  Key Indicators |  User Interest |  Market Cap |  Industry Name |  Ticker |  Popularity |  Our Choices Title |  Date |  Company |  Symbol |  Interest |  Popularity

Previous: PINX:IPUB indiePub Entertainment Inc Insider Activity 4 Filing - 8/23/2012  |  Next: PINX:IPUB indiePub Entertainment Inc Insider Activity 4 Filing - 9/11/2012