Statement of Ownership (sc 13g)
October 24 2014 - 2:48PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
One World Holdings, Inc.
Common Stock, $0.0025 Par Value
CUSIP # 68245E200
October 24, 2014
Check the appropriate box to designate the
rule pursuant to which this Schedule is filed:
¨ Rule 13d-1(b)
x 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. 68245E200 |
13G |
Page 1 of 4 |
| 1. |
Name of Reporting Person VERA Group, LLC |
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I.R.S. Identification No. of Above Person (entities only) 45-5405850 |
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| 2. |
Check the Appropriate Box if a Member of a Group |
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(a) ¨ |
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(b) x |
| 3. |
SEC Use Only |
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|
| 4. |
Citizenship or Place of Organization Florida |
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|
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Number of
Shares
Owned
by Each
Reporting
Person
With |
5. |
Sole Voting Power` |
3,329,050 |
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|
|
| 6. |
Shared Voting Power |
3,329,050 |
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|
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| 7. |
Sole Dispositive Power |
3,329,050 |
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| 8. |
Shared Dispositive Power |
3,329,050 |
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|
|
| 9. |
Aggregate Amount Beneficially Owned by Each Reporting Person 3,329,050 |
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| 10. |
Check if the Aggregate Amount in Row 9 Excludes
Certain Shares ¨
|
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|
| 11. |
Percent of Class Represented by Amount in Row 9 6.44% |
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| 12. |
Type of Reporting Person PN |
| CUSIP No. 68245E200 |
13G |
Page 2 of 4 |
ITEM 1
| (a) | NAME OF ISSUER: One World Holdings, Inc. |
| (b) | ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 14515
Briarhills Parkway Suite 105 Houston, TX 77077 |
ITEM 2
| (a) | NAME OF PERSON FILING VERA Group, LLC |
| (b) | ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE,
RESIDENCE |
3
Painted Horse Santa Fe, NM 87506
United
States of America
| (d) | TITLE OF CLASS OF SECURITIES |
Common
Stock, $0.0025 Par Value
| (e) | CUSIP NUMBER 68245E200 |
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:
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(a) |
¨ |
Broker or dealer registered under section 15 of the Act |
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(b) |
¨ |
Bank as defined in section 3(a)(6) of the Act |
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(c) |
¨ |
Insurance company as defined in section 3(a)(19) of the Act |
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(d) |
¨ |
Investment company registered under section 8 of the Investment Company Act of 1940 |
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(e) |
¨ |
An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E) |
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(f) |
¨ |
An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F) |
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(g) |
¨ |
A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G) |
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(h) |
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A savings association as defined in section 3(b) of the Federal Deposit Insurance Act |
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(i) |
¨ |
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 |
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(j) |
¨ |
Group, in accordance with Rule 13d-1(b)(1)(ii)(J) |
If this statement
is filed pursuant to Rule 13d-1(c), check this box ¨
| CUSIP No. 68245E200 |
13G |
Page 3 of 4 |
ITEM 4 OWNERSHIP
(a) Amount beneficially owned: Reporting Person is
the beneficial owner of 3,329,050 shares of common stock. In addition, Reporting Person holds Issuer’s convertible notes
in the aggregate principal amount of $392,272.00. The convertible notes may not be converted into common stock such that the Reporting
Person would beneficially own more the 9.99% of the Issuer’s common stock at any given time. In addition, Reporting Person
holds 1,977,267 Issuer’s warrants. The warrants cannot be exercised such that the Reporting Person would beneficially own
more than 9.99% of the Issuer’s common Stock at any given time. Reporting Person disclaims beneficial ownership of the Issuer’s
securities held by any other person or entity.
(b) Percent of class: 6.44%
(c) Number of shares as to which the person has:
| (i) | Sole power to vote or to direct the vote: 3,329,050 |
| (ii) | Shared power to vote or to direct the vote:
3,329,050 |
| (iii) | Sole power to dispose or to direct the disposition
of: 3,329,050 |
| (iv) | Shared power to dispose or to direct the disposition
of: 3,329,050 |
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 ¨
ITEM 6 OWNERSHIP OF MORE THAN FIVE
PERCENT ON BEHALF OF ANOTHER PERSON
N/A
ITEM 7 IDENTIFICATION AND CLASSIFICATION
OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
N/A
| CUSIP No. 68245E200 |
13G |
Page 3 of 4 |
ITEM 8 IDENTIFICATION AND CLASSIFICATION
OF MEMBERS OF THE GROUP
N/A
ITEM 9 NOTICE
OF DISSOLUTION OF GROUP
N/A
ITEM 10 CERTIFICATION
By signing below I certify that,
to the best of my knowledge and belief, the securities referred to above were not acquired are not being 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.
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VERA Group, LLC |
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/s/ Wayne Coleson |
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By: Wayne Coleson |
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Its: President |
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Date: October 24, 2014 |