Filing Details
- Accession Number:
- 0001654954-17-000362
- Form Type:
- 13G Filing
- Publication Date:
- 2017-01-19 12:22:56
- Filed By:
- Perrone Stephen L
- Company:
- Dolphin Entertainment Inc. (OTCMKTS:DLPN)
- Filing Date:
- 2017-01-19
- SEC Url:
- 13G 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 |
|---|---|---|---|---|---|---|
| 1,410,000 | 0 | 1,410,000 | 0 | 9.8% |
Filing
UNITED
STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C.
20549
SCHEDULE
13G
Under the Securities Exchange Act
of 1934
(Amendment No.
)
| | DOLPHIN DIGITAL
MEDIA, INC. | |
| | (Name of
Issuer) | |
| | | |
| | Common Stock,
par value $0.015 per share | |
| | (Title of Class of
Securities) | |
| | | |
| | 25688M206 | |
| | (CUSIP Number) | |
| | | |
| | 12-29-2016 | |
| | (Date of Event Which Requires
Filing of this Statement) | |
| | | |
Check the appropriate box to
designate the rule pursuant to which this Schedule is
filed
| ☐ | Rule 13d-1(b) |
| ☑ | Rule 13d-1(c) |
| ☐ | Rule 13d-1(d) |
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 the
disclosures provided in a prior cover page.
The information required in 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.
25688M206
BBCF 2011, LLC; BBCD, LLC;
KCF INVESTMENTS, LLC; STROCAR INVESTMENTS, LLC STEPHEN L.
PERRONE
| 1. | Names of Reporting
Persons. I.R.S. Identification Nos. of above
persons (entities only). | ||
| 2. | Check the Appropriate Box if a
Member of a Group (See Instructions) (a)
☑ (b) ☐ | ||
| 3. | SEC Use Only | ||
| 4. | Citizenship of Place of
Organization Florida, United
States | ||
| Number of
Shares Beneficially Owned by Each Reporting
Person With | 5. | Sole Voting
Power 1,410,000 | |
| 6. | Shared Voting
Power 0 | ||
| 7. | Sole Dispositive
Power 1,410,000 | ||
| 8. | Shared Dispositive
Power 0 | ||
| 9. | Aggregate Amount Beneficially Owned
by each Reporting Person BBCF 2011,LLC-600,000;
BBCD,LLC-450,000; KCF INVESTMENTS LLC-300,000; STROCAR INVESTMENTS,
LLC- 50,000; STEPHEN L PERRONE – 10,000 | ||
| 10. | Check if the Aggregate Amount in
Row (9) Excludes Certain Shares ☐ | ||
| 11. | Percent of Class Represented by
Amount in Row 9 9.8% | ||
| 12. | Type of Reporting Person (See
Instructions) PN &
IN | ||
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ITEM 1:
(a) Name of
Issuer:
DOLPHIN DIGITAL MEDIA,
INC.
(b) Address of Issur’s Principal Executive
Offices:
2151 LeJeune Rd,
Suite 150, Coral Gables, FL
ITEM
2:
(a) Name
of Person Filing:
BBCF 2011,LLC;
BBCD LLC; KCF Investments LLC; Strocar Investments, LLC &
Stephen L. Perrone
(b)
Address of Principal Business Office or, if None,
Residence:
4450 US Highway
#1, Vero Beach, FL 32967 for all persons
(c)
Citizenship:
Florida, United
States
(d) Title
of Class of Securities:
Common
Stock
(e) CUSIP
Number:
25688M206
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ITEM
3: IF THIS STATEMENT IS FILED PURSUANT TO
§§240.13D-1(B) OR 240.13D-2(B) OR (C), CHECK WHETHER THE
PERSON FILING IS A:
| | (a) | ☐ | Broker or dealer registered
under section 15 of the Act (15 U.S.C. 78o); |
| | (b) | ☐ | Bank as defined in section
3(a)(6) of the Act (15 U.S.C. 78c); |
| | (c) | ☐ | Insurance company as defined
in section 3(a)(19) of the Act (15 U.S.C. 78c); |
| | (d) | ☐ | Investment company registered
under section 8 of the Investment Company Act of 1940 (15 U.S.C
80a-8); |
| | (e) | ☐ | An investment adviser in
accordance with §240.13d-1(b)(1)(ii)(E); |
| | (f) | ☐ | An employee benefit plan or
endowment fund in accordance with
§240.13d-1(b)(1)(ii)(F); |
| | (g) | ☐ | A parent holding company or
control person in accordance with §
240.13d-1(b)(1)(ii)(G); |
| | (h) | ☐ | A savings associations as
defined in Section 3(b) of the Federal Deposit Insurance Act (12
U.S.C. 1813); |
| | (i) | ☐ | A church plan that is
excluded from the definition of an investment company under section
3(c)(14) of the Investment Company Act of 1940 (15 U.S.C.
80a-3); |
| | (j) | ☐ | A non-U.S. institution, in
accordance with §240.13d-1(b)(1)(ii)(J); |
| | (k) | ☐ | Group, in accordance with
§240.13d-1(b)(1)(ii)(K). |
| | | | If filing as a non-U.S.
institution in accordance with §240.13d-1(b)(1)(ii)(J), please
specify the type of institution:
___________________________. |
ITEM 4:
OWNERSHIP.
(a) Amount
beneficially owned: 1,410,000
(b) Percent
of class: 9.8%
(c) Number
of shares as to which the person has:
| | (i) | Sole power to vote or to direct the
vote | 1,410,000 | |
| | (ii) | Shared power to vote or to direct
the vote | 0 | |
| | (iii) | Sole power to dispose or to direct
the disposition of | 1,410,000 | |
| | (iv) | Shared power to dispose or to direct the disposition of | 0 | |
ITEM
5: OWNERSHIP OF FIVE PERCENT OR LESS OF A
CLASS.
If this statement is
being filed to report the fact that as of the date hereof the
reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the
following •.
Instruction. Dissolution of a group requires a response to this item.
Instruction. Dissolution of a group requires a response to this item.
ITEM
6: OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF
OF ANOTHER PERSON.
ITEM
7: IDENTIFICATION AND CLASSIFICATION OF THE
SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE
PARENT HOLDING COMPANY.
ITEM
8: IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF
THE GROUP.
ITEM
9: NOTICE OF DISSOLUTION OF
GROUP.
ITEM
10: CERTIFICATIONS.
(a) The following
certification shall be included if the statement is filed pursuant
to §240.13d-1(b):
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
(b)The following certification shall be included if the statement is filed pursuant to §240.13d-1(c):
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
(b)The following certification shall be included if the statement is filed pursuant to §240.13d-1(c):
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
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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:January 19,
2017 | By: | /s/ Stephen L.
Perrone | |
| | | Stephen L.
Perrone, individually and as Manager of All
Entities | |
| | | | |
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