Filing Details

Accession Number:
0001694004-17-000004
Form Type:
13D Filing
Publication Date:
2017-10-19 12:49:17
Filed By:
Nextcoal International, Inc.
Company:
Strategic Acquisitions Inc (OTCMKTS:STQN)
Filing Date:
2017-10-19
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
NextCoal International, Inc 1,625,000 0 1,625,000 0 1,625,000 64.6%
Filing

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

 

Amendment No. 3 to

SCHEDULE 13D/A

Under the Securities Exchange Act of 1934

 

 

Strategic Acquisitions, Inc.
(Name of Issuer)

 

 

COMMON STOCK, $0.001 PAR VALUE PER SHARE

(Title of Class of Securities)

 

86269D 10 6

(CUSIP Number)

 

NextCoal International, Inc.

1459 Shunpike Road

Cambridge, NY 12816

 

(802) 375 7504

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

 

October 19, 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 which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 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 Rule 13d-7(b) for other parties to whom copies are to be sent.

 

(Continued on following pages)

1

 

 

CUSIP No. 86269D 10 6 Schedule 13D Page 2 of 6

 

1

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

 

NextCoal International, Inc.

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)

 

PF

5

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

 

[ ]

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Wyoming, USA

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

7

SOLE VOTING POWER

 

1,625,000 common shares

8

SHARED VOTING POWER

 

0

9

SOLE DISPOSITIVE POWER

 

1,625,000 common shares

10

SHARED DISPOSITIVE POWER

 

0

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,625,000 common shares

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions)

[ ]

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

64.6% of common stock(1)

14

TYPE OF REPORTING PERSON (see instructions)

 

CO

 

 

CUSIP No. 86269D 10 6 Schedule 13D Page 4 of 6

 

Item 3. Source and Amount of Funds or Other Consideration.

 

On or about October 19, 2017, the Reporting Person purchased 750,000 restricted Common Shares for $300,000 in a private transaction from John P. O’Shea, the Issuer’s President. The funds came from the bank account of NextCoal International, Inc.

 

Item 4. Purpose of Transaction.

 

The Reporting Person has acquired the Securities of the Issuer for investment purposes, and such purchases have been made in the Reporting Person’s ordinary course of business. The unregistered restricted Common Shares were purchased in a private sales transaction between NextCoal International and John P. O’Shea, President of the Issuer. The Buyer has been identified as an accredited investor.

 

Item 5. Interest in Securities of the Issuer.

 

(a) Amount Beneficially Owned:

 

As of the close of business on October 19, 2017, NextCoal International, Inc., a Wyoming corporation, beneficially owns 1,625,000shares of the Issuer's Common shares. Jonathan Braun is the President of NextCoal International, Inc. He has the ultimate voting control over the shares held by this entity. The Reporting Person previously owned 125,000 restricted common shares acquired in a private transaction on or about December 30, 2016; the Reporting Person purchased directly from the Issuer 125,000 restricted common shares on September 28, 2017; the Reporting Person purchased directly from the Issuer 625,000 restricted common shares on October 4, 2017; and on October 16, 2017, the Reporting Person entered into a Securities Purchase Agreement with the President of the Issuer to purchase in a private transaction an additional 750,000 Common Shares of Strategic Acquisitions, Inc. for $300,000. All purchases of Common Shares were based on a purchase price of $0.40 per share.

 

(b) Percent of Class:

 

As of the close of business on October 19, 2017, NextCoal International, Inc., a Wyoming corporation, beneficially owns 64.6% of the Issuer’s Common Stock (see Item 4(a) above). Percentage of Total Voting Power is calculated based on 2,515,000 Common shares issued and outstanding. This number was reported in the Issuer’s Current Report on Form 8-K filed with the SEC on October 16, 2017.

 

 

 

 

 

 

CUSIP No. 86269D 10 6 Schedule 13D Page 5 of 6

 

(c) Number of shares as to which such person has:

 

(i) Sole power to vote or to direct the vote:

 

See Item 7 on such reporting person’s cover page hereto.

 

(ii) Shared power to vote or to direct the vote:

 

See Item 8 on such reporting person’s cover page hereto.

 

(iii) Sole power to dispose or to direct the disposition of:

 

See Item 9 on such reporting person’s cover page hereto

 

(iv) Shared power to dispose or to direct the disposition of:

 

See Item 10 on such reporting person’s cover page hereto.

 

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

 

Other than as described in this Schedule 13D, there are no contracts, arrangements, understandings or relationships (legal or otherwise) between the Reporting Persons and any other person with respect to any securities of the Issuer.

 

 

 

 

 

CUSIP No. 86269D 10 6 Schedule 13D Page 6 of 6

 

Item 7. Material to be Filed as Exhibits.

 

Exhibit Description
   
1 Security Purchase Agreement between John P. O’Shea and
  NextCoal International, Inc., dated October 16, 2017.

 

 

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 accurate.

 

   NextCoal International, Inc.  
       
October 19, 2017 By: /s/ Jonathan Braun  
        Jonathan Braun  
        President