Filing Details
- Accession Number:
- 0001140361-16-078880
- Form Type:
- 13D Filing
- Publication Date:
- 2016-09-06 11:55:10
- Filed By:
- Dove Foundation
- Company:
- Cabinet Grow Inc. (OTCMKTS:CBNT)
- Filing Date:
- 2016-09-06
- 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 |
|---|---|---|---|---|---|---|
| The Dove Foundation37-6459117 | 262,944,662 | 9 | 262,944,662 | 11 | 262,944,662 | 87.65% |
Filing
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
SCHEDULE
13D
Under
the Securities Exchange Act of 1934
(Amendment
No.
n/a
)*
Cabinet Grow, Inc.
(Name of
Issuer)
Common Stock, Par Value $0.001
(Title of
Class of Securities)
12682L103
(CUSIP
Number)
James M. Delahunt, Esq.,
The Dove Foundation
4783 Lake Valley Drive Suite 2A
Lisle,
Illinois
60532
Phone : 773-297-0018
(Name,
Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
August 16, 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.
o
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).
1 |
NAMES
OF REPORTING PERSONS
| ||||
I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
| |||||
The Dove Foundation 37-6459117 | |||||
2 |
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
| (a) | o | ||
(b) | o | ||||
3 |
SEC
USE ONLY
| ||||
4 |
SOURCE
OF FUNDS
| ||||
OO | |||||
5 |
CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(e)
or 2(f)
| o | |||
6 |
CITIZENSHIP
OR PLACE OF ORGANIZATION
| ||||
USA | |||||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 |
SOLE
VOTING POWER
| |||
262,944,662* | |||||
8 |
SHARED
VOTING POWER
| ||||
9 |
SOLE
DISPOSITIVE POWER
| ||||
262,944,662* | |||||
10 |
SHARED
DISPOSITIVE POWER
| ||||
11 |
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| ||||
262,944,662* | |||||
12 |
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
| o | |||
13 |
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
| ||||
87.65 **%
| |||||
14 |
TYPE
OF REPORTING PERSON
| ||||
OO | |||||
* 262,944,662 shares issued to the reporting person on August 16, 2016.
** Based on 300,000,000 outstanding shares as of August 16, 2016. Prior to the 262,944,662 share issuance, 37,055,338 shares were outstanding as of July 22, 2016.
** Based on 300,000,000 outstanding shares as of August 16, 2016. Prior to the 262,944,662 share issuance, 37,055,338 shares were outstanding as of July 22, 2016.
Item 1. | Security and Issuer |
This statement relates to the Common Stock, par value $0.001 (the “Shares”), issued by Cabinet Grow, Inc. (the “Issuer”). The address of the principal executive offices of the Issuer is 17932 Sky Park Circle, Suite F
Irvine, CA 92614. |
Item 2. | Identity and Background |
(a) | The Dove Foundation |
(b) | 4783 Lake Valley Drive
Suite 2A Lisle, Illinois 60532 |
(c) | N/A |
(d) | N/A |
(e) | N/A |
(f) | USA |
Item 3. |
Source
and Amount of Funds or Other Consideration
|
Chicago Venture Partners, LP ("CVP") purchased the Secured Convertible Promissory Note (the "Note") from Cabinet Grow, Inc. on June 6, 2014. On April 29, 2016, CVP assigned the Note to the Reporting Person according to the Assignment and Assumption Agreement. The aggregate purchase price of the Shares purchased by the Reporting Person was $250,000. The Reporting Person holds, in the aggregate, 262,944,662 Shares. There were no commissions paid. |
Item 4. |
Purpose
of Transaction
|
The Reporting Person purchased the Shares for investment purposes. |
(a) |
(b) |
(c) |
(d) |
(e) |
(f) |
(g) |
(h) |
(i) |
(j) |
Item 5. |
Interest
in Securities of the Issuer
|
(a) | The Reporting Person may be deemed to beneficially own, in the aggregate, 262,944,662 shares, representing approximately 87.65% of the Issuer’s outstanding shares, based upon 300,000,000 shares outstanding as of August 16, 2016. |
(b) | The reporting person has sole voting power and sole dispositive power with regard to 262,944,662 shares of Common Stock. |
(c) |
| Transaction Date | Shares or Units Purchased (Sold) | Price Per Share or Unit |
(d) |
(e) |
Item 6. |
Contracts,
Arrangements, Understandings or Relationships with Respect to Securities
of the Issuer
|
Item 7. |
Material
to Be Filed as Exhibits
|
1.Secured Convertible Promissory Note made by the Issuer in favor of CVP dated June 6, 2014. |
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.
The Dove Foundation | |||
September 06, 2016 | By: |
/s/
James M. Delahunt | |
Trustee | |||
The
original statement shall be signed by each person on whose behalf the statement
is filed or his authorized representative. If the statement is signed on behalf
of a person by his authorized representative (other than an executive officer or
general partner of the filing person), evidence of the representative’s
authority to sign on behalf of such person shall be filed with the statement:
provided, however, that a power of attorney for this purpose which is already on
file with the Commission may be incorporated by reference. The name and any
title of each person who signs the statement shall be typed or printed beneath
his signature.
Footnotes:
Attention:
Intentional misstatements or omissions of fact constitute Federal criminal
violations (See 18 U.S.C. 1001)