Amended Statement of Beneficial Ownership (sc 13d/a)
October 26 2020 - 12:51PM
Edgar (US Regulatory)
Securities
and Exchange Commission
Washington,
D.C. 20549
SCHEDULE 13D/A
UNDER THE SECURITIES EXCHANGE ACT OF
1934
(Amendment No. 1)
ALTAIR INTERNATIONAL CORP.
|
(Name of Issuer)
|
|
Common Stock
|
(Title of Class of Securities)
|
02138A 20 7
|
(CUSIP Number)
|
Mahmoud Jrab
Tel. No.: (727) 657-9048
Copy to:
Ernest Stern, Esq.
Culhane Meadows PLLC
1101 Pennsylvania Avenue, N.W.
Suite 300
Washington, D.C. 20004
301-910-2030
|
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
|
|
July 22, 2020. See Item 3
|
(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. ¨
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.: 02138A 20 7
|
SCHEDULE 13D
|
Page 2 of 4
|
1.
|
names of reporting persons
Mahmoud Jrab
|
2.
|
check the appropriate
box if a member of a group (see instructions)
(a)
¨
(b)
¨
|
3.
|
sec use only
|
4.
|
source of funds (See
Instructions)
PF
|
5.
|
check if disclosure of
legal proceedings is required pursuant to items 2(d) or 2(e)
¨
|
6.
|
citizenship or place
of organization
Lebanon
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
|
7.
|
sole voting power
36,676,520
|
8.
|
shared voting power
0
|
9.
|
sole dispositive power
36,676,520
|
10.
|
shared dispositive power
0
|
11.
|
aggregate amount beneficially
owned by each reporting person
36,676,520 shares of Common Stock
|
12.
|
check if the aggregate
amount in row (11) excludes certain shares (See Instructions)
¨
|
13.
|
percent of class represented
by amount in row (11)
6.82% of the issued and outstanding shares of Common Stock
|
14.
|
type of reporting person
(See Instructions)
IN
|
CUSIP No.: 02138A 20 7
|
SCHEDULE 13D
|
Page 3 of 4
|
Item 1. Security and Issuer.
This Schedule 13D/A (“First Amendment”)
filed by Mahmoud Jrab ( “Mahmoud Jrab” or the "Reporting Person") amends the Schedule 13D originally filed
July 22, 2020 and relates to the shares of common stock, par value $0.001 per share ("Common Stock"), of Altair International
Corp., a Nevada corporation (the "Issuer"). The principal executive offices of the Issuer are located at 322 North Shore
Drive, Building 1B, Suite 200, Pittsburgh, PA 15212.
Item 2. Identity and Background.
(a) This Schedule 13D is being filed with
respect to the shares of the Issuer's Common Stock held by Mahmoud Jrab.
(b) The residence address of Mahmoud Jrab
is 5516 W. Linebaugh Avenue, Tampa, FL 33624.
(c) Mahmoud Jrab is in the automobile export
business.
(d) During the last five years the Reporting
Person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
(e) During the last five years, the Reporting
Person has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result
of such proceeding were or are 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.
Item 3. Source and Amount of Funds or
Other Consideration.
Each acquisition of securities by Mahmoud
Jrab (or on his behalf and at his direction) was either in open market transactions or through private placements using his personal
funds.
Item 4. Purpose of Transaction.
We are filing this First Amendment to report that the Reporting
Person sold shares of Common Stock.
Item 5. Interest in Securities of the
Issuer.
Item 5 of Schedule 13D is amended and restated
in its entirety as follows:
The Reporting Person beneficially owns
an aggregate of 36,676,520 shares of Common Stock which represents 6.82% of the issued and outstanding shares of Common Stock based
on 537,732,553 issued and outstanding shares of Common Stock set forth in the current list of shareholders provided by the Issuer’s
transfer agent, Olde Monmouth Stock Transfer Co., Inc.
The Reporting Person sold the following
shares of Common Stock through two private sales:
Date
|
|
Number of Shares Sold
|
|
Price Per Share
|
|
|
Total Sale Price
|
|
07/22/2020
|
|
7,500,000
|
|
$
|
.001
|
|
|
$
|
7,500
|
|
08/10/2020
|
|
5,000,000
|
|
$
|
.002
|
|
|
$
|
10,000
|
|
The Reporting Person did not effect any
transactions in such securities in the past 60 days other than set forth above.
Item 6. Contracts, Arrangements, Understandings
or Relationships with Respect to Securities of the Issuer.
The information required by Item 6 is incorporated
herein by reference from Items 3 and 4 of this report.
Item 7. Material to be Filed as Exhibits.
Power of Attorney
CUSIP No.: 02138A 20 7
|
SCHEDULE 13D
|
Page 4 of 4
|
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: October 26, 2020
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