Filing Details

Accession Number:
0001262463-17-000071
Form Type:
13G Filing
Publication Date:
2017-06-02 14:00:29
Filed By:
Rosen Capital, Llc
Company:
Petrone Worldwide Inc. (OTCMKTS:PFWI)
Filing Date:
2017-06-02
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
ROSEN CAPITAL 3,000,000 0 3,000,000 0 3,000,000 9.24%
Filing


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


SCHEDULE 13G


Under the Securities Exchange Act of 1934

 

(Amendment No. _____)*

 


PETRONE WORLDWIDE, INC. (PFWI)

(Name of Issuer)

 

Common Stock $0.001 Par Value

(Title of Class of Securities)

 

7164X 10 3

(CUSIP Number)

 

May 23, 2017

(Date of Event which Requires Filing of this Statement)



Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 

o Rule 13d-1(b)

x Rule 13d-1(c)

o 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 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 


CUSIP No. 7164X 10 3

 

 

 

13G

 

 

 

 

 


 

 

 

 

 

1.

 

NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

ROSEN CAPITAL, LLC
81-1721421

  

 

 

2.

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)

(a) o

 

(b) x

 

 

3.

 

SEC USE ONLY
 

 

 

4.

 

CITIZENSHIP OR PLACE OF ORGANIZATION
 

California

 

 

 


NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

 

5.

 

SOLE VOTING POWER
3,000,000 shares of common stock 

  

 

6.

 

SHARED VOTING POWER
0

  

 

7.

 

SOLE DISPOSITIVE POWER
3,000,000 shares of common stock

 

 

8.

 

SHARED DISPOSITIVE POWER
0

   


9.

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,000,000

  

 

 

10.

 

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)          .

   

 

 

11.

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.24%

 

 

 

12.

 

TYPE OF REPORTING PERSON (see instructions)
OO

Limited Liability Corporation

  

 

 

 

 

 

 

 

 



 2 


CUSIP No. 7164X 10 3

 

 

 

13G

 

 

 

 

 

Item 1.


 

(a)

Name of Issuer
Petrone Worldwide, Inc.

 

 

 

 

(b)

Address of Issuers Principal Executive Offices
220 N. Commerce Parkway

Weston, Florida 33326


Item 2.


 

(a)

Name of Person Filing
Rosen Capital, LLC

 

 

 

 

(b)

Address of the Principal Office or, if none, residence
2856 Torrey Pines Road, La Jolla, CA 92037

 

 

 

 

(c)

Citizenship
California LLC

 

 

 

 

(d)

Title of Class of Securities
Common Stock

 

 

 

 

(e)

CUSIP Number
7164X 10 3


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)A 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: N/A

 

 

 

 



 3 

 

 

 

 

 

CUSIP No. 7164X 10 3

 

 

 

13G

 

 

 

 

 

Item 4.  Ownership.


Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.


 

(a)

Amount beneficially owned:  3,000,000

 

 

 

 

 

(b)

Percent of class:  9.24%

 

 

 

 

 

(c)

Number of shares as to which the person has:  

 

 

 

 

 

 

(i)

Sole power to vote or to direct the vote  3,000,000

 

 

 

 

 

 

(ii)

Shared power to vote or to direct the vote 0

 

 

 

 

 

 

(iii)

Sole power to dispose or to direct the disposition of 3,000,000

 

 

 

 

 

 

(iv)

Shared power to dispose or to direct the disposition 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   ☐

 

 

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.  Certification.

 

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, other than activities solely in connection with a nomination under §240.14a-11.

 


 

 4 

 

 

 

 

 

CUSIP No. 7164X 10 3

 

 

 

13G

 

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.


 

 

 

06/02/2017

Date

 

  

 

By: /s/ Brett Rosen
Name: Brett Rosen

Signature

 

  

 

Brett Rosen/ Managing Member

Name/Title

 

 

 
   
Footnotes:  

 

Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)


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