Filing Details

 

 

United States

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Schedule 13d

 

Under the Securities Exchange Act of 1934

(Amendment No. _____________) *

 

sustainable petroleum group inc.

(Name of Issuer)

 

shares of common stock, $0.0001 par value per share

(Title of Class of Securities)

 

86933V 102

(CUSIP Number)

 

Mr. Christopher Grunder 2316 Pine Ridge Road, 383 Naples, Florida 34109 +41.79.515.5555

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

 

August 9, 2017 and August 14, 2017

(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 Rule 13d-1(b)(3) or (4), 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-1(a) 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 that 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 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.

 

 

 

Schedule 13D

Page 2

 

CUSIP No. 86933V 102

 

	1.		Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only)   Christopher Grunder
	2.		Check the Appropriate Box if a Member of a Group (See Instructions) (a)       [  ]          Not applicable (b)       [  ]
	3.		SEC Use Only
	4.		Sources of Funds (See Instructions)   OO (Other) (Assets of holding company)
	5.		Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)   [  ]       Not applicable
	6.		Citizenship or Place of Organization   Swiss
Number of Shares Beneficially Owned by Each Reporting Person With		7.		Sole Voting Power                4,213,528
		8.		Shared Voting Power           Nil
		9.		Sole Dispositive Power       4,213,528
		10.		Shared Dispositive Power  Nil
	11.		Aggregate Amount Beneficially Owned by Each Reporting Person   4,213,528 shares of common stock
	12.		Check if the Aggregate Amount in Row (11) Exceeds Certain Shares (See Instructions)   [  ]       Not applicable
	13.		Percent of Class Represented by Amount in Row (11)   47.3%
	14.		Type of Reporting Person (See Instructions)   IN (individual)

 

 

Schedule 13D

Page 3

 

Item 1. Security and Issuer

 

This statement on Schedule 13D relates to the shares of common stock, $0.0001 par value per share, of Sustainable Petroleum Group Inc, a Nevada corporation (“SPGX”). The principal executive office of SPGX is located at 2316 Pine Ridge Road, 383, Naples, Florida, 34109.

 

Item 2. Identity and Background

 

	(a)	Christopher Grunder
	(b)	Eichwatt 11, Watt, Switzerland, 8105
	(c)	CEO of the Workplan Holding AG Group
	(d)	During the last five years, Mr. Grunder has not been convicted in a criminal proceeding.
	(e)	During the last five years, Mr. Grunder was not a party to a civil proceeding or a judicial or administrative body of competent jurisdiction where, as a result, of such proceeding, there was or is a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
	(f)	Mr. Grunder is a citizen of Switzerland.

 

Item 3. Source and Amount of Funds or Other Consideration

 

Christopher Grunder has an indirect beneficial interest in 4,207,528 shares of common stock in the capital of SPGX, a net decrease of 1,042,472 shares from Mr. Grunder’s last filing, and a direct beneficial interest in 6,000 shares of common stock in the capital of SPGX.

 

On August 9, 2017 Workplan Holding Inc., a company in which Mr. Grunder is the sole shareholder, was issued 10,159 shares of common stock of SPGX as payment in full of an outstanding debt with SPGX at a settlement price of $3.00 per share. Workplan used the settlement of the debt as consideration for acquiring the shares.

 

Also, on August 14, 2017 Workplan sold 1,052,631 shares in the capital of SPGX in a private transaction at a sale price of $3.80 per share.

 

Item 4. Purpose of Transaction

 

Christopher Grunder acquired and sold the shares in private transactions as personal investments. Depending on market conditions and other factors, Mr. Grunder may acquire additional securities of SPGX as Mr. Grunder deems appropriate, whether in open market purchases, privately negotiated transactions, private placements with SPGX or otherwise. Mr. Grunder also reserves the right to dispose of some or all of those shares in the open market, in privately negotiated transactions to third parties or otherwise.

 

As of the date of this document, Mr. Grunder does not have any plans or proposals that relate to or would result in:

 

	(1)	the acquisition by any person of additional securities of SPGX, or the disposition of securities of SPGX;
	(2)	an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving SPGX or any of its subsidiaries;
	(3)	a sale or transfer of a material amount of assets of SPGX or any of its subsidiaries;
	(4)	any change in the present board of directors or management of SPGX including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board;
	(5)	any material change in the present capitalization of dividend policy of SPGX;
	(6)	any other material change in SPGX’s business or corporate structure;

 

 

Schedule 13D

Page 4

 

	(7)	changes in SPGX’s Articles of Incorporation or other actions that may impede an acquisition of control of SPGX by any person;
	(8)	a class of securities of SPGX 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;
	(9)	a class of equity securities of SPGX becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or
	(10)	any action similar to any of those enumerated above.

 

Item 5. Interest in Securities of the Issuer

 

(a)	Christopher Grunder is the beneficial owner of 4,213,528 shares of common stock of SPGX. The shares represent an aggregate 47.3% of the issued and outstanding shares of common stock of SPGX.
(b)	Christopher Grunder holds the sole power to vote and to dispose of the 4,213,528 shares of common stock of SPGX.
(c)	Christopher Grunder has not effected any transaction in the common stock of SPGX during the past 60 days, except as disclosed in this statement.
(d)	Not applicable.
(e)	Not applicable.

 

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

 

Except as disclosed in this Schedule, there are no contracts, arrangements, understandings or relationships (legal or otherwise) among Christopher Grunder, Workplan Holding Inc., or any other person with respect to any securities of SPGX, including, but not limited to, transfer or voting of any securities, finder’s fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profit or loss, or the giving or withholding of proxies.

 

Item 7. Materials to Be Filed as Exhibits.

 

None.

 

 

Schedule 13D

Page 5

 

SIGNATURES

 

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:	September 6, 2017	By:	/s/ Christopher Grunder
			Christopher Grunder