Filing Details

Accession Number:
0001104659-20-067443
Form Type:
13D Filing
Publication Date:
2020-05-29 11:17:00
Filed By:
Erop Capital Llc
Company:
Altair International Corp.
Filing Date:
2020-05-29
SEC Url:
13D Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
EROP Capital 50,636,022 0 50,636,022 0 50,636,022 9.9%
Filing
 

Securities and Exchange Commission

Washington, D.C. 20549

 

SCHEDULE 13D

UNDER THE SECURITIES EXCHANGE ACT OF 1934

  

ALTAIR INTERNATIONAL CORP.
(Name of Issuer)
 
Common Stock
(Title of Class of Securities)

 

02138A 20 7
(CUSIP Number)

 

Vince Sbarra

EROP Capital LLC

912 Holcomb Bridge Road

Suite 101

Roswell, GA 30076

 

Tel. No.: (770) 992-5515

 

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)
 
May 7, 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 5

 

 

1.

names of reporting persons

EROP Capital LLC

2.

check the appropriate box if a member of a group (see instructions)

(a) o

(b) x

3.

sec use only

 

4.

source of funds (See Instructions)

PF, WC

5.

check if disclosure of legal proceedings is required pursuant to items 2(d) or 2(e)

o

6.

citizenship or place of organization

Florida

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

7.

sole voting power

50,636,022

8.

shared voting power

0

9.

sole dispositive power

50,636,022

10.

shared dispositive power

0

11.

aggregate amount beneficially owned by each reporting person

50,636,022 shares of Common Stock

 

12.

check if the aggregate amount in row (11) excludes certain shares (See Instructions)

o

13.

percent of class represented by amount in row (11)

9.9% of the issued and outstanding shares of Common Stock

14.

type of reporting person (See Instructions)

OO

 

 

 

 

CUSIP No.: 02138A 20 7 SCHEDULE 13D Page 3 of 5

  

Item 1. Security and Issuer.

 

This Schedule 13D filed by EROP Capital LLC ( “EROP Capital” or the "Reporting Person") relates to the shares of common stock, par value $0.001 per share (the "Common Stock"), of Altair International Corp., a Delaware corporation (the "Issuer"). The principal executive offices of the Issuer are located at 6501 E. Greenway Pkwy #103-412 Scottsdale, AZ 85254.

 

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 EROP Capital. The majority ownership of EROP Capital is held by Vince Sbarra who has voting and investment power over the securities held by EROP Capital.

 

(b) The business address of EROP Capital is 912 Holcomb Bridge Road, Suite 101, Roswell, GA 30076.

 

(c) EROP Capital is in the financial services business. Vince Sbarra is the founder and President of EROP Capital.

 

(d) During the last five years neither the Reporting Person, nor, to the knowledge of its principals, any of its respective executive officers or directors has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).

 

(e) During the last five years, neither the Reporting Person, nor, to the knowledge of its principals, its executive officers or directors, has 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.

 

(f) EROP Capital was formed under the laws of the State of Florida.

 

Item 3. Source and Amount of Funds or Other Consideration.

 

Each acquisition of securities by EROP Capital (or on its behalf and at its direction) was either in open market transactions or through private placements using its own working capital and with personal funds.

 

The Reporting Person has acquired beneficial ownership of securities of the Issuer as follows:

 

Open market or private placement purchases of shares

 

Date Number of Shares Price ($)
5/7/2020 49,176,520 2,900
5/7/2020 1,459,502 1,459
Total Shares 50,636,022  

 

Item 4. Purpose of Transaction.

 

EROP Capital has invested in the Issuer to support its development and growth and has acquired the Common Stock for investment purposes. The Reporting Person will continuously evaluate their beneficial ownership of the Issuer’s securities and the Issuer's business and industry. Depending on market conditions and other factors that the Reporting Person may deem material to their investment decision, EROP Capital may from time to time lend the Issuer money in exchange for convertible notes, acquire additional securities of the Issuer in the open market or in privately negotiated transactions or may dispose of all or a portion of the securities of the Issuer that EROP Capital now owns or may hereafter acquire.

 

 

 

CUSIP No.: 02138A 20 7 SCHEDULE 13D Page 4 of 5

 

The Reporting Person currently has no other plans or proposals, though it retains the right, to subsequently devise or implement plans or proposals, which relate to or would result in: (a) the acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries; (c) a sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries; (d) 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; (e) any material change in the present capitalization or dividend policy of the Issuer; (f) any other material change in the Issuer's business or corporate structure; (g) 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; (h) 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; (i) a class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934 (the "Exchange Act"); or (j) any action similar to any of those enumerated above.

 

Item 5. Interest in Securities of the Issuer.

 

The Reporting Person beneficially owns an aggregate of 50,636,022 shares of Common Stock which would represent 9.9% of the issued and outstanding shares of Common Stock based on 511,732,553 shares set forth in the current list of shareholders provided by the Issuer’s transfer agent, Globex Transfer, LLC.

 

To the knowledge of the Reporting Persons, none of their respective directors or officers has any power to vote or dispose of any securities of the Issuer, nor did any of the Reporting Persons effect any transactions in such securities in the past 60 days.

 

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 5 of 5

  

 

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: May 29, 2020

 

 

  EROP CAPITAL LLC
   
   
  By: /s/Vince Sbarra
    Name: Vince Sbarra
    Title: President