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Re: PennyHoper post# 19427

Tuesday, 12/05/2023 3:00:40 AM

Tuesday, December 05, 2023 3:00:40 AM

Post# of 22646
WCVC - Beneficial Ownership is 5%.


I'll Alert you of Revoked stocks to Buy,
before the Run happens !



_______________________________________________________


Definition of 5% Beneficial Ownership Requirement

5% Beneficial Ownership Requirement

means that the Purchaser
continues to beneficially own at all times,
shares of Common Stock that represent,
in the aggregate,

at least five percent (5%) of

the Capital Stock of the Company,
on an as-converted basis.


https://www.lawinsider.com/dictionary/5-beneficial-ownership-requirement#:~:text=5%25%20Beneficial%20Ownership%20Requirement%20means%20that%20the%20Investor,persons%20who%20are%20not%20Affiliates%20of%20the%20Investor%29


_______________________________________________________


SEC Adopts Amendments to Rules Governing
Beneficial Ownership Reporting


October 10, 2023

On October 10, 2023,
the Securities and Exchange Commission
adopted rule amendments
governing beneficial ownership reporting

under Sections 13(d) and 13(g)
of the Securities Exchange Act of 1934.


The amendments update Regulation 13D-G
to require market participants
to provide more timely information on their positions
to meet the needs of investors in today’s financial markets.


The update to the rules
that first went into effect more than 50 years ago
tightens the time investors have
to disclose
5% ownership stakes
in companies they intend to control,
shortening the allowed window
from 10 calendar days to five business days.


Exchange Act Sections 13(d) and 13(g),
along with Regulation 13D-G,
require an investor
who beneficially owns more than 5 percent
of a covered class of equity securities
to publicly file either a Schedule 13D or a Schedule 13G,
as applicable.


An investor with control intent files Schedule 13D,
while Exempt Investors and investors without a control intent,
such as Qualified Institutional Investors and Passive Investors,
file Schedule 13G.



https://www.securitieslawyer101.com/2023/sec-adopts-amendments-to-rules-governing-beneficial-ownership-reporting/


_____________________________________________________________________


Schedule 13D:

* What It Is,
* How to File,
* Requirements,
* Example


https://www.investopedia.com/terms/s/schedule13d.asp

Schedules 13D and 13G
https://www.investor.gov/introduction-investing/investing-basics/glossary/schedules-13d-and-13g



_______________________________________________________



the 5% calculation
should be made using the Capital Stock Number of Shares



10% of A/S 10 Bill = 1 Bill

5% of A/S 10 Bill = 500 Mill

__________________________________________





WCVC Security Details
Share Structure

Market Value1...............$700,252 a/o Mar 11, 2022
Authorized Shares..10,000,000,000 a/o Feb 21, 2022
Outstanding Shares..7,002,518,141 a/o Feb 21, 2022
-Restricted.....................294,560,229 a/o Feb 21, 2022
-Unrestricted.............6,707,957,912 a/o Feb 21, 2022
Held at DTC.............6,651,950,904 a/o Feb 21, 2022
Float............................223,350,198 a/o Nov 07, 2019
Par Value 0.001


West Coast Ventures Group Corp.

https://www.otcmarkets.com/stock/WCVC/security

https://www.quotemedia.com/portal/history?qm_symbol=WCVC

https://www.barchart.com/stocks/quotes/WCVC/overview

https://www.barchart.com/stocks/quotes/WCVC/technical-chart?plot=CANDLE&volume=total&data=WO&density=X&pricesOn=1&asPctChange=0&logscale=0&indicators=ACCUM;SMA(50);SMA(100);SMA(20);SMA(200);RSI(14,100);MFI(14,100);SMACD(12,26,9);PTP(50);PTP(50);BOLLW(20,2);BBANDS(20,2)&sym=WCVC&grid=1&height=500&studyheight=100


EDGAR

https://www.sec.gov/cgi-bin/browse-edgar?company=+West+Coast+Ventures+Group+Corp.&match=&filenum=&State=&Country=&SIC=&myowner=exclude&action=getcompany



______________________________________________________________________


WCVC - Has Agent and Securities Lawyer with Successful Track Record


Brenda Hamilton
is an EXPERT in securities law
and the process of bringing companies public.


https://www.securitieslawyer101.com/brenda-hamilton-securities-lawyer/
https://www.hg.org/attorney/hamilton-and-associates-law-group-p-a-/90383

https://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=NIXONRESTAURANTGROUP%20P150000841150&aggregateId=domp-p15000084115-b9e0da33-7c5b-480a-a81d-8ff90b1401f3&searchTerm=nixon%20restaurant%20group&listNameOrder=NIXONRESTAURANTGROUP%20P150000841150


Nixon,
has hired Brenda Hamilton again.


The question is,
why would Brenda Hamilton
have agreed to come back to work for Nixon again ?


Who better to help Nixon return to trading, than Brenda Hamilton herself.


____________________________________________________________


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