Filing Details

Accession Number:
0001553350-16-001815
Form Type:
13D Filing
Publication Date:
2016-03-31 16:51:34
Filed By:
Khesin Daniel
Company:
Ds Healthcare Group Inc. (NASDAQ:DSKX)
Filing Date:
2016-03-31
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
Daniel Khesin 13,292,157 9 10 11 12,467,157 56%
Filing


 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13D

 

Under the Securities Exchange Act of 1934

(Amendment No. __)*


DS Healthcare Group, Inc.

(Name of Issuer)


Common Stock

(Title of Class of Securities)

 

23336Q109

(CUSIP Number)

 

Daniel Khesin, 17689 Middlebrook Way, Boca Raton, FL 33496 (347) 276-259

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)


March 29, 2016

(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).


(Continued on following pages)

  

     




CUSIP No. 

13D

Page 2 of 4 Pages

 

1

NAME OF REPORTING PERSONS


Daniel Khesin

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)   ¨

(b)   ¨

 

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

N/A(1)

 

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

¨

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

USA

 

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING

PERSON WITH:

 

7

SOLE VOTING POWER

 

13,292,157(2)

 

 

8

SHARED VOTING POWER



 

 

9

SOLE DISPOSITIVE POWER

 


 

 

10

SHARED DISPOSITIVE POWER



 

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON


12,467,157

 

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES


þ

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)


56%(3)

 

14

TYPE OF REPORTING PERSON


IN

 


(1)

Acquisition of voting power only, to be used for a change in the Board of Directors and management structure of the company.

(2)

13,292,157 common shares of which 825,000 (owned by Khesin) are collaterized and may not be votable shares.

(3)

This percentage is determined by dividing 12,464,157 common shares by 22, 148,675 issued and outstanding as of December 22, 2015 per prospectus filed on December 22, 2015.





CUSIP No. 

13D

Page 3 of 4 Pages

 


ITEM 1.  

SECURITY AND ISSUER


DS Healthcare Group Inc. (DSKX)

Common Shares


ITEM 2.  

IDENTITY AND BACKGROUND


N/A


ITEM 3.  

SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.


No Funds were used for acquisition of voting shares only

  

ITEM 4.  

PURPOSE OF TRANSACTION.


To effect change in the Board of Directors and management structure


ITEM 5.  

INTEREST IN SECURITIES OF THE ISSUER.


N/A

 

ITEM 6.  

CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER.

 

See Exhibit A and B


ITEM 7.  

MATERIAL TO BE FILED AS EXHIBITS.

 

The following documents are filed as exhibits:

 

Exhibit

Number

 

Exhibit

Name

 

 

 

A

 

List of Transactions

B

 

Agreements of Shareholders to Transfer Voting Authority

 

 

 

 

 

 

 


 

  

 




CUSIP No.  784589 10 3

13D

Page 4 of 4 Pages

 


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.


 

 

 

 

 

 

 

 

By:

 /s/ Daniel Khesin

 

 

 

Name: Daniel Khesin

 

 

 

Controlling Shareholder of DS Healthcare Group, Inc.

 

 

 

 

 



Dated: March 31, 2016











[Signature Page to Schedule 13D]






Exhibit

Number

 

Exhibit

Name

 

 

 

A

 

List of Transactions

B

 

Agreements of Shareholders to Transfer Voting Authority