Sec Form 3 Filing - REUSCHER BERND @ E-Debit Global Corp. - 2010-11-15

Insider filing report for Changes in Beneficial Ownership
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FORM 3
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
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
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1. Name and Address of Reporting Person
REUSCHER BERND
2. Issuer Name and Ticker or Trading Symbol
E-Debit Global Corp. [ WSHE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
175 QUESNELL CRESCENT
3. Date of Earliest Transaction (MM/DD/YY)
11/15/2010
(Street)
EDMONTON ALBERTA, A0999999999
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ 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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 E-Debit Global Corp 3,825,000 D
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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
Options $ 0.2 08/15/2010 08/14/2015 E-Debit Global Corp 1,100,000 D
Preferred $ 0.02 03/31/2005 05/15/2005 E-Debit Global Corp 2,479,100 D
Preferred $ 0.02 03/31/2005 05/15/2005 E-Debit Global Corp 7,062,500 I MBR Venture Corp owned by Mr. Reuscher
Preferred $ 0.02 03/31/2005 05/15/2005 E-Debit Global Corp 3,293,075 I 989939 Alberta Ltd.Co-Owned by Director Mac Donald
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
REUSCHER BERND
175 QUESNELL CRESCENT
EDMONTON ALBERTA, A0999999999
X
Signatures
/s/ Bernd Reuscher 12/03/2010
Signature of Reporting Person Date
Explanation of Responses:

Remarks:
Restatement of Ownership giving effect to the 5 to 1 forward split of common & Preferred shares effective November 15, 2010

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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