UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
(Date of Report: June 5, 2015)
| Mark One | |
| [ X ] | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
| For the Fiscal Year ended December 31, 2014 | |
| [ ] | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
(Exact name of Registrant as specified in its charter)
| NEW YORK (State of Incorporation) | 11-2989648 (IRS Employer Identification No.) |
| JFK International Airport, Building 151, Jamaica, NY 11430 (Address of principal executive offices) (718) 244 8880 (Registrant's telephone number, including area code) | |
| Title of each class -None- | Name of each Exchange on which registered -None- |
| Securities Registered pursuant to Section 12(g) of the Exchange Act: | |
| Common Stock, (Title of Class) | $.0001 Par Value |
| Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes [ ] - - No [X] | |
| Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act. Yes [ ] - - No [X] | |
| Indicate by check mark whether the Registrant (1) has filed all reports to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days. Yes [X] - - No [ ] | |
| Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of the registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. Yes [X] - - No [ ] | |
| Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act. (Check one): | |
| Large accelerated filer [ ] Non-accelerated filer [ ] | Accelerated filer [ ] Smaller reporting company [X] |
| Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act of 1934). Yes [ ] No [X] | |
| The aggregate market value of the voting common equity held by non-affiliates as of December 31, 2014 is $42,085,431 | |
| The number of shares of the registrant's common stock outstanding as of March 20, 2015 was 5,806,560,449 | |
| EXPLANATORY NOTE: This amendment is made solely to correct Item 12 of the Company's filed 10-K report, filed on April 15, 2015, which is the only portion of the report which is amended at this time. All other portions of the report remain the same. This amendment is based on a recent audit of the issued shares of the Company which revealed several miscalculations with respect to four of the officers of the Company, one mathematical error, and several corrections based on a misunderstanding of the report from the Transfer agent, and non-recognition of shares previously owned by one of the officers. | |
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.
As of December 31, 2014, there were 5,582,213,346 shares of common stock, par value $0.0001 outstanding. The following table sets forth, as of December 31, 2014, the ownership of the Company's Common Stock by (i) each director and officers of the Company, (ii) all executive officers and directors of the Company as a group, and (iii) all other persons known to the Company to own more than 5% of the Company's Common Stock. Each person named in the table has or shares voting and investment power with respect to all shares shown as beneficially owned by such person.
Directors and Officers | Common Shares Beneficially Owned | Percent of Total Outstanding, % |
|---|---|---|
| Igor Dmitrowsky 63-26 Saunders St., Suite 7-I Rego Park, NY 11374 | 851,654,266 | 15.257 |
Russell Thal | 36,254,600 | 0.65 |
Barry Clare | 133,253,998 | 2.39 |
Vick Luis Bolanos | 448,025,001 | 8.03 |
Walter Kaplinsky | 19,429,394 | 0.35 |
Andris Rukmanis | 6,468,750 | 0.12 |
Shares of all directors and executive officers as a group (6 persons) | 1,495,086,009 | 26.78% |
Other 5% Owners | Common Shares Beneficially Owned | Percent of Total Outstanding, % |
John A. Drago | 322,651,000 | 5.78 |
SIGNATURE | TITLE | DATE |
/s/ Igor Dmitrowsky | Chairman, CEO and CFO | June 5, 2015 |
