This filing was simply a paper work adjustment.. Beechwood Properties is Darcy Klug (note 7 on bottom).. The original filing was under his company name and he refilled the same holdings under his name..
Beechwood Properties, LLC (7)
Post Office Box 53929
Lafayette, Louisiana
Common
57,064,608 16.53 %
Paul A. Rachmuth
265 Sunrise Highway, Ste. 63
Rockville Centre, New York 11570
Common
19,021,536 5.51 %
Other over 5% holders
Common
76,086,144 22.04 %
(1)
Under Rule 13d-3, a beneficial owner of a security includes any person who, directly or indirectly, through any contract, arrangement, understanding, relationship, or otherwise has or shares: (i) voting power, which includes the power to vote, or to direct the voting of shares; and (ii) investment power, which includes the power to dispose or direct the disposition of shares. Certain shares may be deemed to be beneficially owned by more than one person (if, for example, persons share the power to vote or the power to dispose of the shares).In addition, shares are deemed to be beneficially owned by a person if the person has the right to acquire the shares (for example, upon exercise of an option) within 60 days of the date as of which the information is provided .In computing the percentage ownership of any person, the amount of shares outstanding is deemed to include the amount of shares beneficially owned by such person (and only such person) by reason of these acquisition rights. As a result, the percentage of outstanding shares of any person as shown in this table does not necessarily reflect the person’s actual ownership or voting power with respect to the number of shares of common stock actually outstanding on April 28, 2014. As of April 28, 2014, there were 345,188,164 shares of our company’s common stock issued and outstanding.
(2)
Mr. Gregory Rotelli has been a director of our company since November 30, 2011. He was appointed as chief executive officer, chief financial officer, treasurer, secretary of our company on February 22, 2012 and resigned as chief executive officer on March 31, 2014.
(3)
Howard J. Taylor was appointed as chief executive officer, chairman and as a director of our company on March 31, 2014.
(4)
Includes 19,021,539 shares held by Concorde Capital Limited, a corporation over whose securities Mr. Taylor has voting and dispositive control.
(5)
Daniel J. Schreiber was appointed as a director of our company on March 31, 2014.
(6)
Includes 57,064,608 shares held by the Schreiber Living Trust-DTD 2/08/95 In Care of Avior Capital LLC. Mr. Schreiber has voting and dispositive control over securities held by Schreiber Living Trust and Avior Capital LLC
(7)
Darcy Klug has voting and dispositive control over securities held by Beechwood Properties, LLC.
