Amended Statement of Beneficial Ownership (sc 13d/a)
October 30 2017 - 9:22AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
SCHEDULE
13D
Under
the Securities Exchange Act of 1934
(Amendment
No. 1)*
nFusz,
Inc.
(Name
of Issuer)
Common
Stock, $0.001 Par Value
(Title
of Class of Securities)
65342D
101
(CUSIP
Number)
nFusz,
Inc.
344
S. Hauser Blvd., Suite 414
Los
Angeles, Ca 90036
Tel:
855.250.2300
(Name,
Address and Telephone Number of Person
Authorized
to Receive Notices and Communications)
October
27, 2017
(Date
of Event which Requires Filing of this Statement)
If
the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule
13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [ ]
Note
:
Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7
for other parties to whom copies are to be sent.
*
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. 65342D 101
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13D
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Page
2
of 5 Pages
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1.
|
NAMES
OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Chakradhar
Reddy
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2.
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see
instructions)
(a)
[ ]
(b)
[ ]
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3.
|
SEC
USE ONLY
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4.
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SOURCE
OF FUNDS (see instructions)
PF
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5.
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ]
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6.
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CITIZENSHIP
OR PLACE OF ORGANIZATION
United
States
|
NUMBER
OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7.
|
SOLE
VOTING POWER
9,300,000
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8.
|
SHARED
VOTING POWER
Nil
|
9.
|
SOLE
DISPOSITIVE POWER
9,300,000
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10.
|
SHARED
DISPOSITIVE POWER
Nil
|
11.
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,300,000
|
12.
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(see
instructions) [ ]
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13.
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.25%
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14.
|
TYPE
OF REPORTING PERSON (see instructions)
IN
|
CUSIP No. 65342D 101
|
13D
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Page
3
of 5 Pages
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Item
1. Security and Issuer.
This
statement relates to shares of common stock with $0.001 par value per share of nFusz, Inc. (the “issuer”). The principal
executive offices of the issuer are located at 344 S. Hauser Blvd., Suite 414, Los Angeles, Ca 90036.
Item
2. Identity and Background.
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(a)
|
Name:
Chakradhar Reddy (the “Reporting Person”).
|
|
|
|
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(b)
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Residence
or business address: 110 3
rd
Avenue, #11B, New York, NY 10003.
|
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|
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(c)
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Finance
Professional
|
|
|
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(d)
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The
Reporting Person has not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations
or similar misdemeanours).
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(e)
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The
Reporting Person has not, during the last five years, been a party to a civil proceeding or a judicial or administrative body
of competent jurisdiction and as a result of such proceeding was or is subject to a judgement, decree or final order enjoining
future violations of, or prohibiting activities subject to, federal or state securities laws or finding any violation with
respect to such laws.
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(f)
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The
Reporting Person is a citizen of the United States.
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Item
3. Source or Amount of Funds or Other Consideration.
On
October 27, 2017, the Reporting Person purchased 1,800,000 shares of common stock for the total purchase price of $126,000.
Item
4. Purpose of Transaction.
The
Reporting Person acquired the securities of the Issuer for investment purposes, but may transfer or sell such securities as necessary
and in accordance with applicable securities laws.
As
of the date hereof, except as described above, the Reporting Person does not have any plans or proposals which relate to or would
result in:
The
acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer;
An
extraordinary corporate transaction, such as merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries;
A
sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries;
Any
change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or
term of directors or to fill any existing vacancies on the board;
Any
material change in the present capitalization or dividend policy of the Issuer;
Any
other material change in the Issuer’s business or corporate structure;
Changes
in the Issuer’s charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of
control of the Issuer by any person;
Causing
a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted
in an inter-dealer quotation system of a registered national securities association;
CUSIP No. 65342D 101
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13D
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Page
4
of 5 Pages
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A
class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the
Act; or
Any
action similar to any of those enumerated above.
Item
5. Interest in Securities of the Issuer.
|
(a)
|
The
aggregate number and percentage of common stock of the Issuer beneficially owned by the Reporting
Person is 9,300,000, or approximately 8.25% of outstanding common stock of the Issuer, based on the aggregate of 112,735,353
shares outstanding as of September 30, 2017.
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|
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(b)
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The
Reporting Person has the sole power to vote or direct to vote, and to dispose or direct the disposition of 9,300,000 shares
of common stock of the Issuer. See also Items 3 and 5(a).
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(c)
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The
response to Item 3 is responsive to this item.
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(d)
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Not
applicable
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(e)
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Not
applicable
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Item
6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
Except
as set forth above or set forth in the exhibits, there are no contracts, arrangements, understandings or relationships between
the Reporting Person and any other person with respect to any securities of the Issuer.
Item
7. Material to Be Filed as Exhibits.
None
CUSIP No. 65342D 101
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13D
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Page
5
of 5 Pages
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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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COMPANY
NAME
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/s/
Chakradhar Reddy
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Chakradhar
Reddy
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October
30, 2017
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