Statement of Ownership (sc 13g)
March 03 2017 - 8:40AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
SCHEDULE
13G
Under the Securities Exchange Act of 1934
DUO WORLD,
INC.
(Name of Issuer)
Common
Stock, $.001 Par Value
(Title of Class of Securities)
266037 100
(CUSIP Number)
December
31, 2016
(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)
[ ] Rule 13d-1(c)
[X] 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).
Persons who respond to the collection of
information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
CUSIP
No.: 266037 100
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13G
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Page
2 of 6 Pages
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1
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NAMES OF REPORTING PERSONS Muhunthan Canagasooryam
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY): Voluntarily withheld
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A
GROUP (See Instructions)
(a) [ ]
(b) [
X
]
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
Sri Lanka
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NUMBER OF SHARES BENEFICIALLY OWNED
BY EACH
REPORTING PERSON WITH:
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5
6
7
8
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SOLE VOTING POWER
SHARED VOTING POWER
SOLE DISPOSITIVE POWER
SHARED DISPOSITIVE POWER
-0-
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78,000,000 (1)
-0-
78,000,000 (1)
-0-
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
78,000,000 (1)
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10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW
(11).
88.1 % of Common Stock
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12
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TYPE OF REPORTING PERSON (See Instructions)
IN
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(1)
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Includes 5,000,000 shares of Series A Preferred
Stock, each share of which is entitled to 10 votes per share on all matters presented for a vote of shareholders. These votes
are cast along with the votes cast by holders of the issuer’s Common Stock and not as a separate class. In accordance with
Rule 13d-3, these 5,000,000 shares of Series A Preferred Stock equate to 50,000,000 shares of Common Stock. These 50,000,000 shares
are included in both the numerator and denominator for purposes of calculating Mr. Canagasooryam’s beneficial ownership
in the issuer’s Common Stock.
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13G
Item 1.
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(a)
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Name of Issuer
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Duo World, Inc.
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(b)
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Address of Issuer’s Principal Executive Offices
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c/o Duo Software (Pvt.) Ltd., No. 403 Galle Road, Colombo 03, Sri Lanka.
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Item 2.
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(a)
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Name of Person Filing
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Muhunthan Canagasooryam, President of Duo World, Inc.
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(b)
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Address of Principal Business Office or, if none, Residence
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No. 12, Palm Grove
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Colombo 03, Sri Lanka
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(c)
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Citizenship
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Sri Lanka
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(d)
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Title of Class of Securities
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Common Stock, $.001 par value
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(e)
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CUSIP Number
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266037 100
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Item 3.
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If this statement is filed pursuant to section 240.13d-1(b) or 240.13d-2(b) or (c), check whether
the person filing is a:
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(a)
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[ ]
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Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
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(b)
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[ ]
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Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
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(c)
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[ ]
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Insurance company as defined in section 3(a)19 of the Act (15 U.S.C. 78c).
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(d)
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[ ]
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Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
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(e)
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[ ]
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An investment advisor in accordance with section 240.13d-1(b)(1)(ii)(E).
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(f)
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[ ]
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An employee benefit plan or endowment fund in accordance with section 240.13d-1(b)(1)(ii)(F).
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(g)
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[ ]
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A parent holding company or control person in accordance with section 240.13d-1(b)(1)(ii)(G).
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(h)
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[ ]
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A savings association as defined in section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).
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(i)
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[ ]
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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).
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(j)
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[ ]
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Group, in accordance with section 240.13d-1(b)(1)(ii)(J).
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13G
Item 4.
Ownership
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(a)
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Amount beneficially owned.
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See item 9 on Cover Page to this Schedule 13G.
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(b)
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Percent of class:
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See item 11 on Cover Page to this Schedule 13G. The percentages reported are based on 38,567,467 shares of Common Stock outstanding as of the date of this Schedule 13G, and take into account the super voting rights afforded to the holders of Series A Preferred Stock (10 votes per share).
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(c)
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Number of shares as to which such person has:
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(i)
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Sole power to vote or to direct the vote
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See item 5 on Cover Page to this Schedule 13G.
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(ii)
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Shared power to vote or to direct the vote
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See item 6 on Cover Page to this Schedule 13G.
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(iii)
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Sole power to dispose or to direct the disposition of
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See item 7 on Cover Page to this Schedule 13G.
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(iv)
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Shared power to dispose or to direct the disposition of
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See item 8 on Cover Page to this Schedule 13G.
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Item 5.
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Ownership of Five Percent or Less of a Class
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Not applicable.
Item 6.
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Ownership of More than Five Percent on Behalf of Another Person
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Not applicable.
Item 7.
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Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding
Company
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Not applicable.
13G
Item 8.
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Identification and Classification of Members of the Group
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Not applicable.
Item 9.
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Notice of Dissolution of Group
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Not applicable.
Not applicable.
Special Note:
Please direct any questions you may
have about this filing to my attorney, David E. Wise, Esq., WiseLaw, P.C., 9901 IH-10 West, Suite 800, San Antonio, Texas 78230.
Tel.: (210) 558-2858.
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.
Date: March 3, 2017
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/s/ Muhunthan Canagasooryam
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Signature
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Muhunthan Canagasooryam
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Name
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An Individual
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