Statement of Ownership (sc 13g)
October 26 2015 - 5:19PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington,
D.C. 20549
SCHEDULE
13G
Under
the Securities Exchange Act of 1934
(Amendment No. __)*
Solar
Wind Energy Tower, Inc.
(Name
of Issuer)
Common
Stock .0001 par value per share
(Title
of Class of Securities)
83416V105
(CUSIP
Number)
Solar
Wind Energy Tower, Inc.
1997
Annapolis Exchange Parkway Suite 300
Annapolis,
MD 21401
(410)
972-4713
(Name,
Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
October
23, 2015
(Date
of Event which Requires Filing of this Statement)
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 disclosures provided 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. 83416V105 |
|
13G |
|
Page
2 of 6 Pages |
1. |
NAMES
OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
OTC
Ventures, LLC
47-5372008 |
2. |
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a) [ ]
(b) [ ] |
3. |
SEC
USE ONLY
|
4. |
CITIZENSHIP
OR PLACE OF ORGANIZATION
North Carolina |
NUMBER
OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH |
5. |
SOLE
VOTING POWER
|
6. |
SHARED
VOTING POWER
237,007,484 |
7. |
SOLE DISPOSITIVE POWER
|
8. |
SHARED
DISPOSITIVE POWER
237,007,484 |
9. |
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
237,007,484 |
10. |
CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see instructions) [ ]
|
11. |
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.72% |
12. |
TYPE
OF REPORTING PERSON (see instructions)
CO |
CUSIP
No. 83416V105 |
|
13G |
|
Page
3 of 6 Pages |
Item
1.
|
(a) |
Name
of Issuer
Solar Wind Energy Tower, Inc. |
|
|
|
|
(b) |
Address
of Issuer’s Principal Executive Offices
1997 Annapolis Exchange Parkway Suite 300
Annapolis,
MD 21401 |
Item
2.
|
(a) |
Name
of Person Filing
OTC Ventures, LLC |
|
|
|
|
(b) |
Address
of the Principal Office or, if none, residence
1800 Eastwood Road unit 134
Wilmington,
NC 28403 |
|
|
|
|
(c) |
Citizenship
United
States |
|
|
|
|
(d) |
Title of Class
of Securities
Common Stock .0001 par value per share |
|
|
|
|
(e) |
CUSIP Number
83416V105 |
Item
3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is
a:
|
(a) |
[ ] |
Broker
or dealer registered under section 15 of the Act (15 U.S.C. 78o). |
|
|
|
|
|
(b) |
[ ] |
Bank as defined
in section 3(a)(6) of the Act (15 U.S.C. 78c). |
|
|
|
|
|
(c) |
[ ] |
Insurance company
as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). |
|
|
|
|
|
(d) |
[ ] |
Investment company
registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). |
|
|
|
|
|
(e) |
[ ] |
An investment
adviser in accordance with §240.13d-1(b)(1)(ii)(E); |
|
|
|
|
|
(f) |
[ ] |
An employee benefit
plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); |
|
|
|
|
|
(g) |
[ ] |
A parent holding
company or control person in accordance with §240.13d-1(b)(1)(ii)(G); |
|
|
|
|
|
(h) |
[ ] |
A savings associations
as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); |
|
|
|
|
|
(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
(15 U.S.C. 80a-3); |
|
|
|
|
|
(j) |
[ ] |
Group, in accordance
with §240.13d-1(b)(1)(ii)(J). |
CUSIP
No. 83416V105 |
|
13G |
|
Page
4 of 6 Pages |
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: 237,007,484 |
|
|
|
|
(b) |
Percent
of class: 9.72% |
|
|
|
|
(c) |
Number
of shares as to which the person has: |
|
|
|
|
|
(i) |
Sole
power to vote or to direct the vote |
|
|
|
|
|
|
(ii) |
Shared
power to vote or to direct the vote 237,007,484 |
|
|
|
|
|
|
(iii) |
Sole
power to dispose or to direct the disposition of |
|
|
|
|
|
|
(iv) |
Shared
power to dispose or to direct the disposition of 237,007,484 |
Instruction.
For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).
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 [ ].
Instruction.
Dissolution of a group requires a response to this item.
Item
6. Ownership of More than Five Percent on Behalf of Another Person.
Item
7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.
Item
8. Identification and Classification of Members of the Group.
Item
9. Notice of Dissolution of Group.
CUSIP
No. 83416V105 |
|
13G |
|
Page
5 of 6 Pages |
Item
10. Certification.
|
(a) |
The following
certification shall be included if the statement is filed pursuant to §240.13d-1(b): |
|
|
|
|
|
By signing below
I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the
ordinary course of business and 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. |
|
|
|
|
(b) |
The following
certification shall be included if the statement is filed pursuant to §240.13d-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. |
CUSIP
No. 83416V105 |
|
13G |
|
Page
6 of 6 Pages |
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.
|
10/26/2015 |
|
Date |
|
|
|
/s/
Marshall Pickett |
|
Signature |
|
|
|
Marshall Pickett/Managing
Member |
|
Name/Title |