Filing Details

Accession Number:
0001615774-16-006298
Form Type:
13D Filing
Publication Date:
2016-07-11 14:51:34
Filed By:
Smith Steve A Jr
Company:
Sharkreach Inc.
Filing Date:
2016-07-11
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
Steve Smith 16,297,500 2,984,500 16,297,500 2,984,500 19,282,000 34.86%
Filing

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13D/A 

Under the Securities Exchange Act of 1934

 

SharkReach, Inc.

 

 

(Name of Issuer)

 

Common Stock, $.001 Par Value

(Title of Class of Securities)

 

819567108

(CUSIP Number)

 

Richard A. Friedman, Esq.

Andrea Cataneo, Esq.

Sichenzia Ross Friedman Ference LLP

61 Broadway, 32nd Floor

New York, NY 10006

Tel: 212-930-9700

Fax: 212-930-9725

(Name, Address and Telephone Number of Person 

Authorized to Receive Notices and Communications)

 

June 28, 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 § 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).

 

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

 

 

  

 

 

CUSIP No.:819567108 Schedule 13D/A  

 

1

NAMES OF REPORTING PERSONS.

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only):

 

Steve Smith

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)

 

OO

5

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

 

o

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH

7

SOLE VOTING POWER

 

16,297,500

8

SHARED VOTING POWER

 

2,984,500(1)

9

SOLE DISPOSITIVE POWER

16,297,500

10

SHARED DISPOSITIVE POWER

 

2,984,500(1)

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

19,282,000(2)

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)

 

34.86%

14

TYPE OF REPORTING PERSON (See Instructions)

 

IN

(1)Due to a Mr. Smith’s executive position at SRI Seller, Inc., he may be deemed to have shared voting power over the shares of common stock owned by such entity.
(2)Includes 2,984,500 shares of common stock held in the name of SRI Seller, Inc. of which Mr. Smith is an executive officer.

 

 

Item 1.SECURITY AND ISSUER.

 

This statement relates to shares of the common stock, par value $.001 per share, of SharkReach, Inc., a Nevada corporation (the "Issuer"). The address of the principal executive offices of the Issuer is 205 Pier Ave., Suite 101, Hermosa Beach, California 90254.

 

Item 2.IDENTITY AND BACKGROUND.

 

(a) - (c) This Statement is filed by Steve Smith. Mr. Smith's address is 205 Pier Ave., Suite 101, Hermosa Beach, California 90254. Mr. Smith's present principal occupation or employment is as President, Chief Executive Officer and director at SharkReach, Inc., and the principal place of business of such business is Hermosa Beach, California.

 

(d) - (e) During the last five years, Mr. Smith has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) nor has he been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is 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 violations with respect to such laws.

 

(f) Mr. Smith is a citizen of the United States.

 

Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.

 

On November 25, 2015, Mr. Smith was issued 15,097,500 shares of common stock of the Issuer pursuant to that certain Asset Purchase Agreement, by and between the Issuer and SharkReach Inc., a California corporation (now named "SRI Seller Inc."), dated September 29, 2015. Subsequent and pursuant to the Asset Purchase Agreement, the Issuer changed its name from Online Secretary, Inc. to SharkReach, Inc.; and SharkReach Inc., a California corporation, changed its name to SRI Seller Inc.

 

On June 28, 2016, Mr. Smith was issued an additional 1,200,000 shares of common stock of the Issuer, in consideration for services rendered by Mr. Smith.

 

Item 4.PURPOSE OF TRANSACTION.

 

Mr. Smith acquired the 15,097,500 shares of shares of common stock of the Issuer, as described in Item 3 herein, for investment purposes. As set forth above, the remaining 1,200,000 shares were issued to Mr. Smith in consideration for services rendered.

 

Depending upon then prevailing market conditions, other investment opportunities available to Mr. Smith, the availability of shares of common stock at prices that would make the purchase of additional shares of common stock desirable and other investment considerations, Mr. Smith may endeavor to increase his position in the Issuer through, among other things, the purchase of shares of common stock on the open market if the Issuer's common stock is traded in the future, or in private transactions or otherwise, on such terms and at such times as Mr. Smith may deem advisable. Mr. Smith reserves the right to dispose of any or all of his shares of common stock in the open market, if such market is created in the future, or otherwise, at any time and from time to time and to engage in any hedging or similar transactions.

 

Mr. Smith intends to review his investment in the Issuer on a continuing basis and may engage in communications with one or more stockholders of the Issuer, one or more officers of the Issuer, one or more members of the board of directors of the Issuer and/or one or more other representatives of the Issuer concerning the business, operations and future plans of the Issuer.

 

 

Mr. Smith does not have any present plan or proposal which would relate to or 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, including but not limited to, if the issuer is a registered closed-end investment company, any plans or proposals to make any changes in its investment policy for which a vote is required by section 13 of the Investment Company Act of 1940;

 

(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 Act; or

 

(j) Any action similar to any of those enumerated above.

 

Mr. Smith may, at any time and from time to time, review or reconsider his position and/or change his purpose and/or formulate and adopt plans or proposals with respect thereto subject to compliance with applicable regulatory requirements.

 

Item 5. INTEREST IN SECURITIES OF THE ISSUER.

 

(a) On the filing date of this Schedule 13D/A, Mr. Smith may be deemed to beneficially own, in the aggregate, 19,282,000 shares of common stock, representing approximately 34.86% of the Issuer's outstanding shares of common stock, based on 55,300,000 shares of common stock issued and outstanding as of June 28, 2016. This includes 2,984,500 shares of common stock held in the name of SRI Seller, Inc. of which Mr. Smith is an executive officer,

 

(b) Mr. Smith directly owns and has sole voting power and sole dispositive power with respect to 16,297,500 shares of common stock reported in this Schedule 13D/A as being solely owned by him.

 

(c) Except as set forth in this Schedule 13D/A, Mr. Smith has not effected any transaction in the shares of common stock during the past sixty (60) days.

 

(d) Except for Mr. Smith, no person is known by Mr. Smith to have the right to receive, or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Common Stock beneficially owned by Mr. Smith.

 

(e) Not applicable.

 

 

Item 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER.

 

To the knowledge of Mr. Smith, there are no contracts, arrangements, understandings or relationships (legal or otherwise) between himself and any other person with respect to the securities of the Issuer, including, but not limited to, transfer or voting of any of the securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies or any pledge or contingency, the occurrence of which would give another person voting or investment power over the securities of the Issuer.

 

Item 7.MATERIAL TO BE FILED AS EXHIBITS.

 

None.

 

 

SIGNATURES

 

After reasonable inquiry and to the best of the undersigned's knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

Date: July 11, 2016 By: /s/ Steve Smith  
    Steve Smith