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
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

CESPEDES EDWARD A
2. Issuer Name and Ticker or Trading Symbol

PayMeOn, Inc. [ PAYM ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      __ X __ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chief Executive Officer
(Last)          (First)          (Middle)

5961 NE 18TH TERRACE
3. Date of Earliest Transaction (MM/DD/YYYY)

2/21/2017
(Street)

FORT LAUDERDALE, FL 33308
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ 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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   2/21/2017     J (1)    11250000   A $0.50   (1) 14074142   I   See Footnote   (2)
Common Stock   2/21/2017     P    1000   A $0.405   14075142   D    
Common Stock   2/21/2017     P    200   A $0.395   14075342   D    
Common Stock   2/21/2017     P    200   A $0.395   14075542   D    
Common Stock   2/21/2017     P    2750   A $0.50   14078292   D    
Common Stock   2/23/2017     P    500   A $0.0475   14078792   D    
Common Stock   2/23/2017     P    100   A $0.57   14078892   D    
Common Stock   2/23/2017     P    100   A $0.558   14078992   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 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

Explanation of Responses:
( 1)  Reflects the closing price of Issuer's common stock on February 21, 2017. On February 21, 2017, the Issuer completed a membership interest purchase agreement with Rockstar Acquisitions, LLC, which leverages its licensed intellectual property, technology and processes to produce Basalt Fiber Reinforced Polymer products that are used as replacements for steel products that reinforce concrete such as rebar, in exchange for 95,500,000 shares of its common stock.
( 2)  Securities held by EAC Management, LLC ("EAC Management"). Edward A. Cespedes is the sole owner and manager of EAC Management.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
CESPEDES EDWARD A
5961 NE 18TH TERRACE
FORT LAUDERDALE, FL 33308
X X Chief Executive Officer

Signatures
/s/ Edward A. Cespedes 2/21/2017
** 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 control number.
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