Statement of Beneficial Ownership (sc 13d)
February 18 2020 - 4:57PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. ________)*
Diego Pellicer Worldwide, Inc.
__________________________________________________________________________________
(Name of Issuer)
Common Stock, par value $0.000001 per share
__________________________________________________________________________________
(Title of Class of Securities)
25367R 203
________________________________________________________________________
(CUSIP Number)
Christopher D. Strachan
17772 136th Place SE
Monroe, Washington 98272
__________________________________________________________________________________
(Name, Address and Telephone Number of Person
Authorized to
Receive Notices and Communications)
December 31, 2019
__________________________________________________________________________________
(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 Rule.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. 24367R 203
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1. Names of Reporting Persons.
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Strachan and Strachan Associates, LLC
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2. Check the Appropriate Box if a Member of a Group
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(a) ☐
(b) ☐
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3. SEC Use Only
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4. Source of Funds
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OO
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5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ☐
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6. Citizenship or Place of Organization
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Wyoming
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Number of Shares
Beneficially
Owned by
Each Reporting
Person With:
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7. Sole Voting Power
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3,649,500
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8. Shared Voting Power
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0
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9. Sole Dispositive Power
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3,649,500
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10. Shared Dispositive Power
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0
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11. Aggregate Amount Beneficially Owned by Each Reporting Person 3,649,500
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12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares ☐
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13. Percent of Class Represented by Amount in Row (11)
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3.2%
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14. Type of Reporting Person
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OO
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CUSIP No. 24367R 203
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1. Names of Reporting Persons.
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Christopher D. Strachan
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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) ☐
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3. SEC Use Only
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4. Source of Funds
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OO
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5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ☐
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6. Citizenship or Place of Organization
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United States of America
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Number of Shares
Beneficially
Owned by
Each Reporting
Person With:
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7. Sole Voting Power
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3,649,500
|
|
8. Shared Voting Power
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0
|
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9. Sole Dispositive Power
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3,649,500
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10. Shared Dispositive Power
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0
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11. Aggregate Amount Beneficially Owned by Each Reporting Person 3,649,500
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12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares ☐
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13. Percent of Class Represented by Amount in Row (11)
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3.2%
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14. Type of Reporting Person
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IN
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EXPLANATORY NOTE
This Schedule 13D is being filed jointly by (i) Christopher
D. Strachan, the chief financial officer of Diego Pellicer Worldwide, Inc. (the “Issuer”) and (ii) as the founder and
an equity holder of Strachan and Strachan Associates, LLC, a Wyoming limited liability company (“Strachan LLC”) and
together with Mr. Strachan, the “Reporting Persons”).
Item 5. Interest in Securities of the Issuer.
(a)-(b) Beneficial ownership percentage is based upon
113,926,332 shares of Common Stock of the Issuer, issued and outstanding as of December 31, 2019, based on information received
from the Issuer. Mr. Strachan is the co-founder and co-equity holder of Strachan LLC.
As of December 31, 2019, Mr. Strachan has a direct interest
in 3,649,500 restricted shares of Common Stock that as reported in this Schedule 13D (the “Restricted Shares”), issued
to him pursuant to his employment agreements. As of December 31, 2019, Mr. Strachan held an indirect interest in 3,649,500 shares
of restricted Common Stock held by Strachan LLC.
As a result of the foregoing, for purposes of Reg. Section 240.13d-3, Mr.
Strachan may be deemed to beneficially own 3,649,500 Restricted Shares for an aggregate beneficial ownership percentage of approximately
3.2% of the shares of Common Stock deemed to be issued and outstanding as of December 31, 2019. Mr. Strachan disclaims beneficial
ownership of the 3,649,500 shares of Common Stock held directly by Strachan LLC except to the extent of his pecuniary interest
therein, and this report shall not be deemed an admission that any such person is the beneficial owner of these securities for
purposes of Section 16 of the U.S. Securities Exchange Act of 1934, as amended, or for any other purpose.
As of December 31, 2019, for purposes of Reg. Section 240.13d-3, Strachan
LLC may be deemed to beneficially own 3,649,500 Restricted Shares, for a beneficial ownership percentage of approximately 3.2%
of the shares of Common Stock deemed to be issued and outstanding as of December 31, 2019. Strachan LLC disclaims beneficial ownership
of any shares of Common Stock held directly by Mr. Strachan.
ITEM 1. SECURITY AND ISSUER
This Schedule 13D is being filed to report
the beneficial ownership of shares of common stock, $0.00001 par value per share (the “Shares”), of Diego Pellicer
Worldwide, Inc. (the “Issuer”). The address of the principal executive offices of the Issuer is 6160 Plumas Street,
Suite 100, Reno, Nevada 89519.
ITEM 2. IDENTITY AND BACKGROUND
(a)
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This Schedule 13D is being filed by
Christopher D. Strachan and Strachan and Strachan Associates, LLC, A Wyoming limited liability in which Mr. Strachan shares
investment and voting control with his spouse.
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(b)
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The principal business address of Mr.
Strachan and Strachan and Strachan Associates, LLC is 17772 136th Place SE, Monroe, Washington 98272.
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(c)
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Mr.
Strachan’s principle occupation is chief financial officer and director of Diego Pellicer Worldwide, Inc.
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(d)
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Mr. Strachan, a citizen of the United
States of America, has not been, during the past five years, convicted in a criminal proceeding (excluding traffic violations
or similar misdemeanors).
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(e)
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Mr. Strachan has not been, during
the past five years, party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of
which proceeding is or was subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating
activities subject to, federal or state securities laws or finding any violation with respect to such laws.
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ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER
CONSIDERATION
The acquisition of the Shares reported on this
Schedule 13D were issued to him in the form of stock grants to Mr. Strachan pursuant to his Employment Agreements.
ITEM 4. PURPOSE OF TRANSACTION
Mr. Strachan acquired the Shares reported herein
for investment purposes pursuant to his Employment Agreements. Mr. Strachan transferred all of his Shares to Strachan and Strachan
Associates, LLC, a Wyoming limited liability company in which he shares investment and voting control with his spouse. Other than
as may have arisen in his capacity as a director and chief financial officer of the Issuer, Mr. Strachan has no plans or proposals
that relate to, or would result in, any of the matters listed in Item 4(a)-(j) of Schedule 13D.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a)-(b) The information set forth in rows 7
through 13 of the cover page to this Schedule 13D is incorporated by reference. The percentage set forth in row 13 is based on
113,926,332 outstanding Shares as of December 31, 2019.
(c) The following table sets forth the only transaction with respect to Shares effected during the past sixty days byMr. Strachan
and Strachan LLC. Such transaction was solely the result of issuing such shares pursuantto Mr. Strachan’s Employment
Agreements.
Date of Transaction
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Amount of Securities
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Weighted Average Price per Share
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Type
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12/31/2019
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2,090,284
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Stock Grant pursuant to Employment Agreement
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(d) Not applicable.
(e) Not applicable
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS
OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER
Mr. Strachan transferred all of his Shares
to Strachan and Strachan Associates, LLC, a Wyoming limited liability company on November 19,2019, in which Mr. Strachan shares
investment and voting control with his spouse. There are no contracts, arrangements, understandings or relationships (legal or
otherwise) between Mr. Strachan and Strachan LLC, including with any other person, with respect to the Shares, including but not
limited to transfer or voting rights of any of the Shares, finder’s fees, joint ventures, loan or option arrangements, puts
or calls, guarantees of profits, division of profits or loss, or giving or withholding of proxies. None of the Shares are subject
to any pledge or otherwise subject to a contingency the occurrence of which would give another person voting or investment power
over the Shares
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
None.
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.
Dated:
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February 15, 2020
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STRACHAN AND STRACHAN ASSOCIATES, LLC
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By:
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/s/ Christopher D. Strachan
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Name:
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Christopher D. Strachan, Managing Member
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CHRISTOPHER D. STRACHAN
/s/ Christopher D. Strachan
Christopher D. Strachan
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