Form D Raw Data - Electronic Filing Depository

EFDID: 52784EFD: Raw Data

Issuer: Islet Sciences, Inc (0001425919) - D

Accession: 0001532197-12-000002 () (EDGAR Files) (Form D)

Edgar Posted: Mar. 16, 2012
EFD Posted: Aug. 7, 2014

- < edgarSubmission >

< schemaVersion > X0704 </ schemaVersion >

< submissionType > D </ submissionType >

< testOrLive > LIVE </ testOrLive >

- < primaryIssuer >

< cik > 0001425919 </ cik >

< entityName > Islet Sciences, Inc </ entityName >

- < issuerAddress >

< street1 > 1370 AVENUE OF THE AMERICAS </ street1 >

< street2 > SUITE 902 </ street2 >

< city > NEW YORK </ city >

< stateOrCountry > NY </ stateOrCountry >

< stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >

< zipCode > 10019 </ zipCode >

</ issuerAddress >

< issuerPhoneNumber > (858) 699-8313 </ issuerPhoneNumber >

< jurisdictionOfInc > NEVADA </ jurisdictionOfInc >

- < edgarPreviousNameList >

< previousName > One E-Commerce Corp </ previousName >

< previousName > One e Commerce CORP </ previousName >

</ edgarPreviousNameList >

< entityType > Corporation </ entityType >

- < yearOfInc >

< overFiveYears > true </ overFiveYears >

</ yearOfInc >

</ primaryIssuer >

- < relatedPersonsList >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > JOHN </ firstName >

< lastName > STEEL </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 1370 AVENUE OF THE AMERICAS </ street1 >

< street2 > STE 902 </ street2 >

< city > NEW YORK </ city >

< stateOrCountry > NY </ stateOrCountry >

< stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >

< zipCode > 10019 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > GEORGE </ firstName >

< lastName > TODARO </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 1370 AVENUE OF THE AMERICAS </ street1 >

< street2 > STE 902 </ street2 >

< city > NEW YORK </ city >

< stateOrCountry > NY </ stateOrCountry >

< stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >

< zipCode > 10019 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > JOEL </ firstName >

< lastName > PERLIN </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 1370 AVENUE OF THE AMERICAS </ street1 >

< street2 > STE 902 </ street2 >

< city > NEW YORK </ city >

< stateOrCountry > NY </ stateOrCountry >

< stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >

< zipCode > 10019 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > JERRY </ firstName >

< lastName > NADLER </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 1370 AVENUE OF THE AMERICAS </ street1 >

< street2 > STE 902 </ street2 >

< city > NEW YORK </ city >

< stateOrCountry > NY </ stateOrCountry >

< stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >

< zipCode > 10019 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > RICHARD </ firstName >

< lastName > EGAN </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 1370 AVENUE OF THE AMERICAS </ street1 >

< street2 > STE 902 </ street2 >

< city > NEW YORK </ city >

< stateOrCountry > NY </ stateOrCountry >

< stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >

< zipCode > 10019 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > CFO </ relationshipClarification >

</ relatedPersonInfo >

</ relatedPersonsList >

- < offeringData >

- < industryGroup >

< industryGroupType > Biotechnology </ industryGroupType >

</ industryGroup >

- < issuerSize >

< revenueRange > No Revenues </ revenueRange >

</ issuerSize >

- < federalExemptionsExclusions >

< item > 06 </ item >

</ federalExemptionsExclusions >

- < typeOfFiling >

- < newOrAmendment >

< isAmendment > false </ isAmendment >

</ newOrAmendment >

- < dateOfFirstSale >

< value > 2012-03-14 </ value >

</ dateOfFirstSale >

</ typeOfFiling >

- < durationOfOffering >

< moreThanOneYear > false </ moreThanOneYear >

</ durationOfOffering >

- < typesOfSecuritiesOffered >

< isEquityType > true </ isEquityType >

</ typesOfSecuritiesOffered >

- < businessCombinationTransaction >

< isBusinessCombinationTransaction > true </ isBusinessCombinationTransaction >

< clarificationOfResponse > On March 14, 2012, the Issuer consummated a share exchange transaction with DiaKine Therapeutics, Inc., a Delaware corporation ("DTI"), and shareholders of DTI, whereby shareholders of DTI were issued shares of the Issuer in exchange for shares of DTI. </ clarificationOfResponse >

</ businessCombinationTransaction >

< minimumInvestmentAccepted > 0 </ minimumInvestmentAccepted >

< salesCompensationList />

- < offeringSalesAmounts >

< totalOfferingAmount > 1 </ totalOfferingAmount >

< totalAmountSold > 1 </ totalAmountSold >

< totalRemaining > 0 </ totalRemaining >

< clarificationOfResponse />

</ offeringSalesAmounts >

- < investors >

< hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >

< totalNumberAlreadyInvested > 28 </ totalNumberAlreadyInvested >

</ investors >

- < salesCommissionsFindersFees >

- < salesCommissions >

< dollarAmount > 0 </ dollarAmount >

</ salesCommissions >

- < findersFees >

< dollarAmount > 0 </ dollarAmount >

</ findersFees >

< clarificationOfResponse />

</ salesCommissionsFindersFees >

- < useOfProceeds >

- < grossProceedsUsed >

< dollarAmount > 0 </ dollarAmount >

</ grossProceedsUsed >

< clarificationOfResponse />

</ useOfProceeds >

- < signatureBlock >

< authorizedRepresentative > false </ authorizedRepresentative >

- < signature >

< issuerName > Islet Sciences, Inc </ issuerName >

< signatureName > /s/ John Steel </ signatureName >

< nameOfSigner > John Steel </ nameOfSigner >

< signatureTitle > Chief Executive Officer </ signatureTitle >

< signatureDate > 2012-03-16 </ signatureDate >

</ signature >

</ signatureBlock >

</ offeringData >

</ edgarSubmission >