UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b)
Digital Creative Development Corporation
(Name of Issuer)
Common Stock, $.01 par value per share
(Title of Class of Securities)
25384B108
(CUSIP Number)
May 1, 2014
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
x Rule 13d-1(b)
¨ Rule 13d-1(c)
¨ Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No.25384B108
1. | NAME OF REPORTING PERSONS | |
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) | ||
Bruce Galloway | ||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* | |
(a) ¨ | ||
(b) ¨ | ||
Joint Filer | ||
3. | SEC USE ONLY | |
4. | CITIZENSHIP OR PLACE OF ORGANIZATION | |
United States |
NUMBER OF | 5. | SOLE VOTING POWER |
SHARES | 11,216,898 | |
BENEFICIALLY | 6. | SHARED VOTING POWER |
OWNED BY | 500,000 | |
EACH | 7. | SOLE DISPOSITIVE POWER |
REPORTING | 11,216,898 | |
PERSON | 8. | SHARED DISPOSITIVE POWER |
WITH | 500,000 |
9. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
11,716,898 (1) | |
10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |
¨ | |
11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 |
9.21% * | |
12. | TYPE OF REPORTING PERSON |
IN |
(1) Consists of (i) 10,176,494 common shares owned directly by Mr. Galloway, (ii) 1,040,404 common shares owned by Jacombs Investments, Ltd. for which Mr. Galloway has the power to vote and dispose and (iii) 500,000 shares held by Mr. Galloway’s children for whom Mr. Galloway has the discretion to vote and dispose.
* On the basis of 127,170,667 shares of Common Stock reported by the Company to be issued and outstanding as of January 31, 2014 in the Company’s latest Quarterly report on Form 10-Q, as filed with Securities and Exchange Commission on February 14, 2014.
Item 1(a). | Name of Issuer: | |
Digital Creative Development Corporation (the “Issuer”) | ||
Item 1(b). | Address of Issuer's Principal Executive Offices: | |
720 Fifth Avenue 10th Floor, New York, NY 10019 | ||
Item 2(a). | Name of Persons Filing: | |
Bruce Galloway | ||
Item 2(b). | Address of Principal Business Office, or if None, Residence: | |
17001 Collins Ave, #4001, North Miami Beach, FL 33160 | ||
Item 2(c). | Citizenship: | |
United States | ||
Item 2(d). | Title of Class of Securities: | |
This statement on Schedule 13G is being filed with respect to Common Stock, $0.01 par value per share (the “Common Stock”) of the Issuer. | ||
Item 2(e). | CUSIP Number: | |
25384B108 | ||
Item 3. | If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:Not Applicable. |
(a) | ¨ | Broker or dealer registered under Section 15 of the Exchange Act. | ||
(b) | ¨ | Bank as defined in Section 3(a)(6) of the Exchange Act. | ||
(c) | ¨ | Insurance company as defined in Section 3(a)(19) of the Exchange Act. | ||
(d) | ¨ | Investment company registered under Section 8 of the Investment Company Act. | ||
(e) | ¨ | An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); | ||
(f) | ¨ | An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); | ||
(g) | ¨ | A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); | ||
(h) | ¨ | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; | ||
(i) | ¨ | A church plan that is excluded from the definition of an investment company under Section 3(c)(14)of the Investment Company Act; | ||
(j) | ¨ | Group, in accordance with Rule 13d-1(b)(1)(ii)(J). |
CUSIP No. 25384B108 | 13G |
Item 4. | Ownership. |
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
(a) | Amount beneficially owned: |
11,716,898 | |
(b) | Percent of class: |
9.21% | |
(c) | Number of shares as to which such person has: |
Sole power to vote or direct the vote | |
11,216,898 | |
Shared power to vote or to direct the vote | |
500,000 | |
Sole power to dispose or to direct the disposition of | |
11,216,898 |
Item 5. | Ownership of Five Percent or Less of a Class. |
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities check the following¨.
Not Applicable |
Item 6. | Ownership of More Than Five Percent on Behalf of Another Person. |
Not Applicable |
Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. |
Not Applicable |
Item 8. | Identification and Classification of Members of the Group. |
Not Applicable |
Item 9. | Notice of Dissolution of Group. |
Not Applicable. |
Item 10. | Certifications. |
(a) | Not Applicable |
(b) | The following certification shall be included if the statement is filed pursuant to Rule 13d-1(c): |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: May 15, 2014
By: | /s/ Bruce Galloway | ||
Bruce Galloway |