UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. __)*
UMAMI SUSTAINABLE SEAFOOD INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
904074101
(CUSIP Number)
Robert Gudfinnsson
c/o Salander Holdings Limited
4 V Dimech Street, Floriana, Malta 1504
623-398-7567
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
December 10, 2012
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.¨
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See section 240.13d-7 for other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a person’s initial filing on this form with respect to subject class of securities, and for any subsequent amendment containing information which would alter disclosures in a prior cover page.
The information required on 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. 904074101 | 13D |
| 1. | NAMES OF REPORTING PERSONS
Lisbeth Holdings Limited
| ||
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a)¨ (b)¨
| ||
| 3. | SEC USE ONLY
| ||
| 4. | SOURCE OF FUNDS (see instructions)
OO
| ||
| 5. | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) (see instructions)¨ | ||
| 6. | CITIZENSHIP OR PLACE OF ORGANIZATION
Malta
| ||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
| 7. | SOLE VOTING POWER
--0--
| |
| 8. | SHARED VOTING POWER
7,000,000
| ||
| 9. | SOLE DISPOSITIVE POWER
--0--
| ||
| 10. | SHARED DISPOSITIVE POWER
7,000,000
| ||
| 11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,000,000
| ||
| 12. | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions)¨ | ||
| 13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.8%(1)
| ||
| 12. | TYPE OF REPORTING PERSON (see instructions)
CO
| ||
| (1) | The percentage owned is based on 59,515,543 shares of common stock outstanding as of November 12, 2012 as reported by the Issuer in its Form 10-K/A filed with the Commission on November 21, 2012. |
| CUSIP No. 904074101 | 13D |
| 1. | NAMES OF REPORTING PERSONS
Salander Holdings Limited
| ||
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a)¨ (b)¨
| ||
| 3. | SEC USE ONLY
| ||
| 4. | SOURCE OF FUNDS (see instructions)
OO
| ||
| 5. | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) (see instructions)¨ | ||
| 6. | CITIZENSHIP OR PLACE OF ORGANIZATION
Malta
| ||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
| 7. | SOLE VOTING POWER
--0--
| |
| 8. | SHARED VOTING POWER
7,000,000(2)
| ||
| 9. | SOLE DISPOSITIVE POWER
--0--
| ||
| 10. | SHARED DISPOSITIVE POWER
7,000,000(2)
| ||
| 11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,000,000(2)
| ||
| 12. | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions)¨ | ||
| 13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.8%(1)
| ||
| 12. | TYPE OF REPORTING PERSON (see instructions)
CO
| ||
| (1) | The percentage owned is based on 59,515,543 shares of common stock outstanding as of November 12, 2012 as reported by the Issuer in its Form 10-K/A filed with the Commission on November 21, 2012. | |
| (2) | Consists of shares owned by Lisbeth Holdings Limited, a wholly-owned subsidiary of Salander Holdings Limited. |
| CUSIP No. 904074101 | 13D |
1. | NAMES OF REPORTING PERSONS
Robert Gudfinnsson
| ||
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a)¨ (b)ý
| ||
| 3. | SEC USE ONLY
| ||
| 4. | SOURCE OF FUNDS (see instructions)
OO
| ||
| 5. | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) (see instructions)¨ | ||
| 6. | CITIZENSHIP OR PLACE OF ORGANIZATION
Iceland
| ||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
| 7. | SOLE VOTING POWER
-- 0 --
| |
| 8. | SHARED VOTING POWER
10,000,000(2)
| ||
| 9. | SOLE DISPOSITIVE POWER
-- 0 --
| ||
| 10. | SHARED DISPOSITIVE POWER
10,000,000(2)
| ||
| 11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,000,000(2)
| ||
| 12. | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions)¨ | ||
| 13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
16.8%(1)
| ||
| 12. | TYPE OF REPORTING PERSON (see instructions)
IN
| ||
| (1) | The percentage owned is based on 59,515,543 shares of common stock outstanding as of November 12, 2012 as reported by the Issuer in its Form 10-K/A filed with the Commission on November 21, 2012. |
| (2) | Consists of (a) 7,000,000 shares owned by Lisbeth Holdings Limited, which is controlled by Mr. Gudfinnsson, and (b) 3,000,000 shares beneficially owned by Vilhelm Mar Gudmundsson. |
| CUSIP No. 904074101 | 13D |
The information set forth in response to each separate item shall be deemed to be a response to all Items where such information is relevant
Item 1. Security and Issuer
This Schedule 13D relates to the Common Stock of Umami Sustainable Seafood Inc. (the “Issuer”). The Issuer’s principal executive office is located at 1230 Columbia St., Suite 440, San Diego, CA 94089.
Item 2. Identity and Background
Robert Gudfinnsson, a Reporting Person, and Vilhelm Mar Gudmundsson are deemed to be a “group” for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (“Exchange Act”).
Reporting Persons
(a) This Schedule 13D is filed by (i) Lisbeth Holdings Limited (“Lisbeth”); (ii) Salander Holdings Limited (“Salander”); and (iii) Robert Gudfinnsson (collectively, the “Reporting Persons”).
(b) The business address of the Reporting Persons is 4 V Dimech Street, Floriana, Malta 1504.
(c) Lisbeth and Salander are in the business of financial holdings. The principal occupation of Mr. Gudfinnsson is an independent consultant and the chief executive officer of Holshyrna USA.
(d) During the past five years, none of the Reporting Persons has been convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors).
(e) During the past five years, none of the Reporting Persons has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and 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 activities subject to, federal or state securities laws or finding any violation with respect to such laws.
(f) Lisbeth and Salander are organized under the laws of Malta. Mr. Gudfinnsson is a citizen of Iceland.
Vilhelm Mar Gudmundsson
(a) Vilhem Mar Gudmundsson.
(b) The business address of Mr. Gudmundsson is 14894 Huntington Gate Drive, Poway, CA 92064.
(c) The principal occupation of Mr. Gudmundsson is chief executive officer of Selsteinn Inc., a research and development company.
(d) During the past five years, to the knowledge of the Reporting Persons, Mr. Gudmundsson has not been convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors).
(e) During the past five years, to the knowledge of the Reporting Persons, Mr. Gudmundsson has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and 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 activities subject to, federal or state securities laws or finding any violation with respect to such laws.
(f) Mr. Gudmundsson is a citizen of Iceland.
| CUSIP No. 904074101 | 13D |
Item 3.Source and Amount of Funds or Other Consideration
Mr. Gudfinnsson sold shares of Common Stock of the Issuer to another holder of shares of Common Stock of the Issuer in exchange for a promissory note. 7,000,000 shares of Common Stock held by the issuer of the promissory note were pledged as collateral for the issuer’s obligations under the promissory note. On December 10, 2012, such shares were issued to Salander, and subsequently transferred to Lisbeth, a wholly-owned subsidiary of Salander, upon foreclosure on that pledge. Mr. Gudfinnsson controls Salander and Lisbeth and is deemed to beneficially own the shares of Common Stock of the Issuer owned by Lisbeth pursuant to Rule 13d-3 of the Exchange Act.
On November 30, 2010, the Issuer issued ten million shares of Common Stock to two persons in connection with the acquisition of the equity of Baja and Oceanic Enterprises, Inc. Three million of those shares were issued to Motomax S.A. de C.V. (“Motomax”), a corporation which is 99.99% owned by Mr. Gudmundsson’s spouse, Karla Adriana Garcia. Mr. Gudmundsson is deemed to beneficially own the shares of Common Stock owned by Motomax pursuant to Rule 13d-3 of the Exchange Act.
Item 4. Purpose of Transaction
The information contained in Item 3 above is incorporated herein by reference. The Reporting Personsacquired beneficial ownership of 7,000,000 shares of Common Stock upon default of a promissory note issued by another stockholder of the Issuer. Mr. Gudmundsson initially acquired beneficial ownership of 3,000,000 shares of Common Stock in connection with the Issuer’s acquisition of Baja Aqua Farms, S.A. de C.V., and Oceanic Enterprises, Inc.
(a) Each of the Reporting Persons and Mr. Gudmundsson may directly or indirectly (i) make further purchases of shares of Common Stock of the Issuer through open market or privately negotiated transactions or otherwise, or (ii) sell all or part of their shares of Common Stock in open market or privately negotiated transactions or otherwise. Neither the Reporting Persons nor, to the knowledge of the Reporting Persons, Mr. Gudmundsson has reached any decision with respect to any such possible actions.
(b) – (j): Each of Mr. Gudfinnsson, a Reporting Person, and Mr. Gudmundsson is a consultant and advisor to the board of the directors of the Issuer. Mr. Gudfinnsson and Mr. Gudmundsson are actively involved in matters of the board and management and thus may have general knowledge about one or more of the items listed under (b) – (j) of this item. However, neither the Reporting Persons nor, to the knowledge of the Reporting Persons, Mr. Gudmundsson currently has any plans or proposals which relate to or would result in any of the matters set forth in clauses (b) – (j) of this Item 4.
Item 5. Interest in Securities of the Issuer
(a) The Issuer had 59,515,543 shares of Common Stock outstanding as of November 12, 2012, as reported by the Issuer in its Form 10-K/A filed with the Commission on November 21, 2012. Lisbeth, a Reporting Person, beneficially owns an aggregate of 7,000,000 shares of Common Stock of the Issuer, representing approximately 11.8% of the total outstanding shares of the Issuer’s Common Stock. Salander, a Reporting Person, beneficially owns an aggregate of 7,000,000 shares of Common Stock of the Issuer, representing approximately 11.8% of the total outstanding shares of the Issuer’s Common Stock. Mr. Gudfinnsson, a Reporting Person, and Mr. Gudmundsson each beneficially own an aggregate of 10,000,000 shares of Common Stock of the Issuer, representing approximately 16.8%% of the total outstanding shares of the Issuer’s Common Stock.
(b) Lisbeth, a wholly-owned subsidiary of Salander, has the shared power to vote or direct to vote, and the shared power to dispose of or direct the disposition of, 7,000,000 shares of Common Stock of the Issuer. Salander, the parent company of Lisbeth, is deemed to have the shared power to vote or direct to vote, and the shared power to dispose of or direct the disposition of, the 7,000,000 shares of Common Stock held by Lisbeth pursuant to Rule 13d-3 of the Exchange Act. Mr. Gudfinnsson controls Lisbeth and Salander and is deemed to have the shared power to vote or direct to vote, and the shared power to dispose of or direct the disposition of, the 7,000,000 shares of Common Stock held by Lisbeth pursuant to Rule 13d-3 of the Exchange Act. Mr. Gudfinnsson is also deemed to have the shared power to vote or direct to vote, and the shared power to dispose of or direct the disposition of, the 3,000,000 shares of Common Stock beneficially owned by Mr. Gudmundsson pursuant to Rule 13d-5 of the Exchange Act. Mr. Gudmundsson is deemed to have the shared power to vote or direct to vote, and the shared power to dispose of or direct the disposition of, the 3,000,000 shares of Common Stock owned by Motomax pursuant to Rule 13d-3 of the Exchange Act, and the shared power to vote or direct to vote, and the shared power to dispose of or direct the disposition of, the 7,000,000 shares of Common Stock beneficially owned by Mr. Gudfinnsson pursuant to Rule 13d-5 of the Exchange Act.
| CUSIP No. 904074101 | 13D |
(c) Except as set forth in this Schedule 13D, to the knowledge of the Reporting Persons, each of the Reporting Persons and Mr. Gudmundsson has not affected any transaction in the Common Stock during the past 60 days.
(d) Not applicable.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
The disclosure set forth in Item 4, above, is incorporated herein by reference.
Item 7. Material to be Filed as Exhibits
Not applicable.
| CUSIP No. 904074101 | 13D |
SIGNATURE
After reasonable inquiry and to the best of the undersigned’s knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
Date: December 19, 2012
| Lisbeth Holdings Limited | |||
| By: | /s/ Robert Gudfinnsson | ||
| Robert Gudfinnsson | |||
| Salander Holdings Limited | |||
| By: | /s/ Robert Gudfinnsson | ||
| Robert Gudfinnsson | |||
| /s/ Robert Gudfinnsson | |||
| Robert Gudfinnsson | |||