SECURITY AND ISSUER.
This Statement on Schedule 13D relates to the common stock, par value $0.00001 per share (the “Shares”), of Sitoa Global, Inc., a Delaware Corporation (the "Issuer"), and is being filed by Soconison Ventures Ltd. (the “Reporting Person”). The Issuer's current principal executive offices are located at Room 4304, 43/F China Resources Building26, Harbour Road, Wan Chai, Hong Kong HKSAR.
IDENTITY AND BACKGROUND
(a) through (c) and (f). This Statement is being filed by Soconison Ventures Ltd. (the “Reporting Person”). The business address of the Reporting Person is 22 D’Aguilar Street, Central, Hong Kong. Wang Mei En is currently the Director of Soconison Ventures Ltd.
(d) and (e). During the previous five (5) years, the Reporting Person (i) has not been convicted in any criminal proceeding (excluding traffic violations or similar misdemeanors) and (ii) has not been party to a civil proceeding of any of a judicial or administrative body of competent jurisdiction such that, as a result of such proceeding, was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activity subject to, federal or state securities laws or finding any violation with respect to such laws.
SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
The Shares to which this statement relates were purchased by Soconison Ventures Ltd. with the corporation’s funds.
PURPOSE OF TRANSACTION
The purpose of this Schedule 13D is to report the Beneficial Ownership by the Reporting Person of 2,500,000,000 shares or 60.3% of the Issuer’s issued and outstanding common stock as of November 25, 2013.
Except as provided below, the Reporting Person does not have any current plans or proposals which would relate to or would result in:
(a) the acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer;
(b) any extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries;
(c) a sale or transfer of a material amount of the assets of the Issuer or any of its subsidiaries;
(d) any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board;
(e) changes in the Issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede acquisition of control of the Issuer by any person;
(f) causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association;
(g) a class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or
(h) any action similar to any of those enumerated above.
INTEREST IN SECURITIES OF THE ISSUER.
The Reporting Person is currently the beneficial owner of 2,500,000,000 shares of Common Stock of the Issuer, representing approximately 60.3% of the Issuer's common stock (based upon 4,148,689,801 outstanding shares of common stock as of November 25, 2013.)
The Reporting Person has sole voting and dispositive power over the Shares identified in response to Item 5(a) above.
See response by Reporting Person to Item 4, above.
Not applicable.
Not applicable.
CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER.
Other than as described in this Schedule 13D, the Reporting Person has no contracts, arrangements, understandings or relationships with any other person with respect to any securities of the Issuer.
MATERIAL TO BE FILED AS EXHIBITS.
None.
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.
November 26, 2013
By: /s/ Wang Mei En
Wang Mei En
Director