Amended Statement of Ownership (sc 13g/a)
February 05 2016 - 6:13AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
Information to be Included in Statements
Filed Pursuant to Rules 13d-1(b), (c)
and (d) and Amendments Thereto Filed
Pursuant to Rule 13d-2
(AMENDMENT NO. 1)*
One World Holdings, Inc.
(Name of Issuer)
Common Stock, $0.0025 par value
(Title of Class of Securities)
68245E200
(CUSIP Number)
December 31, 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:
o
Rule 13d-1 (b)
x
Rule 13d-1 (c)
o
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).
(Continued on following pages)
Page 1 of 4 Pages
CUSIP No. 68245E200 |
13G |
Page 2 of 4 Pages |
1 |
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE
PERSONS (ENTITIES ONLY)
Eastmore Capital, LLC
|
2 |
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o
(b)
o
|
3 |
SEC USE ONLY
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4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH |
5 |
SOLE VOTING POWER
21,749,869
|
6 |
SHARED VOTING POWER
0
|
7 |
SOLE DISPOSITIVE POWER
21,749,869
|
8 |
SHARED DISPOSITIVE POWER
0
|
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
21,749,869
|
10 |
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* o
|
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW 9
4.9%
|
12 |
TYPE OF REPORTING PERSON*
OO
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* SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 68245E200 |
13G |
Page 3 of 4 Pages |
This statement is filed pursuant to
Rule 13d-2(b) with respect to the common stock (“Common Stock”) of One World Holdings, Inc. beneficially owned by the
Reporting Person specified herein as of December 31, 2015 and amends and supplements the Schedule 13G dated as of February 4, 2015
(“Schedule 13G”). Except as set forth herein, the Schedule 13G is unmodified.
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: 21,749,869 * shares of Common Stock as of December 31, 2015 |
|
|
|
|
(b) |
Percent of Class: 4.9%* |
The Reporting Persons’
beneficial ownership of 21,749,869 * shares of Common Stock constitutes 4.9%* of all the outstanding shares of Common Stock, based
upon 422,125,005 shares of Common Stock outstanding as of December 3, 2015, as reported by the Issuer in its most recent Preliminary
Proxy Statement.
|
(c) |
Number of shares as to which such person has: |
|
(i) |
sole power to vote or to direct the vote: 21,749,869 * |
|
|
|
|
(ii) |
shared power to vote or to direct the vote: 0 |
|
|
|
|
(iii) |
sole power to dispose or to direct the disposition of: 21,749,869 * |
|
|
|
|
(iv) |
shared power to dispose or to direct
the disposition of: 0 |
*Subject
to the Ownership Limitation (defined below), the Reporting Person may be deemed to beneficially own in excess of 4.9% of the Issuer’s
shares of Common Stock based on the Reporting Person’s ownership of outstanding convertible notes (“Notes”).
In accordance with Rule 13d-4 under the Securities Exchange Act of 1934, as amended, because the number of shares of Common Stock
into which the Notes are convertible is limited, pursuant to the terms of such instruments, to that number of shares of Common
Stock which would result in the Reporting Person having beneficial ownership of 4.9% of the total issued and outstanding shares
of Common Stock (the "Ownership Limitation"), the Reporting Person disclaims beneficial ownership of any and all shares
of Common Stock that would cause the Reporting Person's beneficial ownership to exceed the Ownership Limitation.
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 Persons have ceased to be the beneficial owner of more
than five percent of the class of securities, check the following ☒.
By signing below the undersigned
certifies that, to the best of its/his/her 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 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. 68245E200 |
13G |
Page 4 of 4 Pages |
SIGNATURE
After reasonable inquiry and to the
best of its/his/her knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete
and correct.
|
January 28, 2016 |
|
|
|
|
|
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EASTMORE
CAPITAL, LLC |
|
|
|
|
|
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By: |
/s/ Felicia Preston |
|
Name: |
Felicia Preston |
|
Title: |
Director |
Attention: Intentional misstatements
or omissions of fact
constitute Federal criminal violations (see
18 U.S.C. 1001).