UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of
1934
(Amendment No. 1)
PEDEVCO Corp.
(Name of Issuer)
Warrants to Purchase Common Stock
(Title of Class of Securities)
70532Y204
(CUSIP Number)
Mark Feuer; 105 Madison Avenue, 19th Floor, New York, New York 10016; 646-356-1601
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 31, 2018
(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)
x 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 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).
Page 1 of 10 Pages
| CUSIP No. 70532Y204 | 13G/A |
| 1. |
NAMES OF REPORTING PERSONS
MARK FEUER |
| 2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) x (b) ¨ |
| 3. |
SEC USE ONLY
|
| 4. |
CITIZENSHIP OR PLACE OF ORGANIZATION
|
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. | SOLE VOTING POWER |
| 0 | ||
| 6. | SHARED VOTING POWER | |
| 596,280 | ||
| 7 | SOLE DISPOSITIVE POWER | |
| 0 | ||
| 8 | SHARED DISPOSITIVE POWER | |
| 596,280 |
| 9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
596,280 |
| 10. |
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)
¨ |
| 11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.9%1 |
| 12. |
TYPE OF REPORTING PERSON (see instructions)
CO |
1 3.9% represents the percentage that the aggregate number of common shares (596,280) received by Beechwood Bermuda International Ltd., upon exercise of the Warrants, would represent of the total number of outstanding common shares of Pedevco based on the number of outstanding common shares (15,184,445) of Pedevco reported in its last 10-Q filed on November 14, 2018. BBLN-Pedco Corp. and BHLN-Pedco Corp. transferred the Warrants to Beechwood Bermuda International Ltd., a Bermuda exempted company, as of July 10, 2018 and July 18, 2018, respectively.
Page 2 of 10 Pages
| CUSIP No. 70532Y204 | 13G/A |
| 1. |
NAMES OF REPORTING PERSONS
SCOTT TAYLOR |
| 2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) x (b) ¨ |
| 3. |
SEC USE ONLY
|
| 4. |
CITIZENSHIP OR PLACE OF ORGANIZATION
|
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. | SOLE VOTING POWER |
| 0 | ||
| 6. | SHARED VOTING POWER | |
| 596,280 | ||
| 7 | SOLE DISPOSITIVE POWER | |
| 0 | ||
| 8 | SHARED DISPOSITIVE POWER | |
| 596,280 |
| 9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
596,280 |
| 10. |
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)
¨ |
| 11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.9%2 |
| 12. |
TYPE OF REPORTING PERSON (see instructions)
CO |
2 3.9% represents the percentage that the aggregate number of common shares (596,280) received by Beechwood Bermuda International Ltd., upon exercise of the Warrants, would represent of the total number of outstanding common shares of Pedevco based on the number of outstanding common shares (15,184,445) of Pedevco reported in its last 10-Q filed on November 14, 2018. BBLN-Pedco Corp. and BHLN-Pedco Corp. transferred the Warrants to Beechwood Bermuda International Ltd., a Bermuda exempted company, as of July 10, 2018 and July 18, 2018, respectively.
Page 3 of 10 Pages
| CUSIP No. 70532Y204 | 13G/A |
| 1. |
NAMES OF REPORTING PERSONS
BBLN-PEDCO CORP. |
| 2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) x (b) ¨ |
| 3. |
SEC USE ONLY
|
| 4. |
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. | SOLE VOTING POWER |
| 0 | ||
| 6. | SHARED VOTING POWER | |
| 0 | ||
| 7 | SOLE DISPOSITIVE POWER | |
| 0 | ||
| 8 | SHARED DISPOSITIVE POWER | |
| 0 |
| 9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0 |
| 10. |
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)
¨ |
| 11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0%3 |
| 12. |
TYPE OF REPORTING PERSON (see instructions)
CO |
3 BBLN-Pedco Corp. transferred its Warrants to Beechwood Bermuda International Ltd., a Bermuda exempted company, as of July 10, 2018.
Page 4 of 10 Pages
| CUSIP No. 70532Y204 | 13G/A |
| 1. |
NAMES OF REPORTING PERSONS
BHLN-PEDCO CORP. |
| 2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) x (b) ¨ |
| 3. |
SEC USE ONLY
|
| 4. |
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. | SOLE VOTING POWER |
| 0 | ||
| 6. | SHARED VOTING POWER | |
| 0 | ||
| 7 | SOLE DISPOSITIVE POWER | |
| 0 | ||
| 8 | SHARED DISPOSITIVE POWER | |
| 0 |
| 9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0 |
| 10. |
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)
¨ |
| 11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0%4 |
| 12. |
TYPE OF REPORTING PERSON (see instructions)
CO |
4 BHLN-Pedco Corp. transferred its Warrants to Beechwood Bermuda International Ltd., a Bermuda exempted company, as of July 18, 2018.
Page 5 of 10 Pages
| CUSIP No. 70532Y204 | 13G/A | |
Item 1.
| (a) | Name of Issuer Pedevco Corp. | |
| (b) |
Address of Issuer’s Principal Executive Offices Suite 201 Danville, CA 94506 | |
Item 2.
| (a) |
Name of Person Filing 2. Scott Taylor 3. BBLN-PEDCO CORP. 4. BHLN-PEDCO CORP. | |
| (b) |
Address of the Principal Office or, if none, residence 2. c/o MSD Administrative Services LLC, 105 Madison Avenue, 19th Fl, New York, NY 10016 3. 105 Madison Avenue, 19th Fl, New York, New York 10016 4. 105 Madison Avenue, 19th Fl, New York, New York 10016 | |
| (c) | Citizenship See Item 4 of the Cover Pages. | |
| (d) | Title of Class of Securities Warrants to Purchase Common Stock | |
| (e) | CUSIP Number 70532Y204 | |
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 that is the functional equivalent of any of the institutions listed in § 240.13d-1 (b)(1)(ii)(A) through (I), so long as the non-U.S. institution is subject to a regulatory scheme that is substantially comparable to the regulatory scheme applicable to the equivalent U.S. institution | |
| (k) | ¨ | Group, in accordance with §240.13d-1(b)(1)(ii)(J). |
Page 6 of 10 Pages
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: See Item 9 of the Cover Pages. | |||
| (b) | Percent of class: See Item 11 of the Cover Pages. | |||
| (c) | Number of shares as to which the person has: | |||
| (i) | Sole power to vote or to direct the vote: See Item 5 of the Cover Pages. | |||
| (ii) | Shared power to vote or to direct the vote: See Item 6 of the Cover Pages. | |||
| (iii) | Sole power to dispose or to direct the disposition of: See Item 7 of the Cover Pages. | |||
| (iv) | Shared power to dispose or to direct the disposition of: See Item 8 of the Cover Pages. | |||
Instruction. For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).
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 x
Instruction. Dissolution of a group requires a response to this item.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Mark Feuer and Scott Taylor are the controlling persons of Beechwood Bermuda Ltd., which owns one hundred percent (100%) of Beechwood Bermuda International Ltd. (“BBI”). BBI owns one hundred percent (100%) of each of BBLN-Pedco Corp. and BHLN-Pedco Corp., each a Reporting Person reporting on this Schedule 13G/A, and the current owner of the Warrants.
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
See Exhibit B attached hereto.
Item 9. Notice of Dissolution of Group.
Not applicable.
Page 7 of 10 Pages
Item 10. Certification.
| (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. | ||||
Page 8 of 10 Pages
| CUSIP No. 70532Y204 | 13G/A | Page 9 of 10 Pages |
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.
| February 13, 2019 | ||
| Date | ||
| MARK FEUER | ||
| /s/ Mark Feuer | ||
| Signature | ||
| SCOTT TAYLOR | ||
| /s/ Scott Taylor | ||
| Signature | ||
| BBLN-PEDCO CORP. | ||
| /s/ Mark Feuer | ||
| Signature | ||
| Mark Feuer/Chairman, President & Secretary | ||
| Name/Title | ||
| BHLN-PEDCO CORP. | ||
| /s/ Mark Feuer | ||
| Signature | ||
| Mark Feuer/Chairman, President & Secretary | ||
| Name/Title |
Page 9 of 10 Pages
INDEX TO EXHIBITS
Exhibit A: Joint Filing Agreement
Exhibit B: Types of Reporting Persons
EXHIBIT A
Joint Filing Agreement
In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, the entities named below agree to the joint filing on behalf of each of them of this Schedule 13G with respect to the Securities of the Issuer and further agree that this joint filing agreement be included as an exhibit to this Schedule 13G. In evidence thereof, the undersigned hereby execute this joint filing agreement as of the date below.
| February 13, 2019 |
| Date |
| MARK FEUER | ||
| /s/ Mark Feuer | ||
| Signature | ||
| SCOTT TAYLOR | ||
| /s/ Scott Taylor | ||
| Signature | ||
| BBLN-PEDCO CORP. | ||
| /s/ Mark Feuer | ||
| Signature | ||
| Mark Feuer/Chairman, President & Secretary | ||
| Name/Title | ||
| BHLN-PEDCO CORP. | ||
| /s/ Mark Feuer | ||
| Signature | ||
| Mark Feuer/Chairman, President & Secretary | ||
| Name/Title |
EXHIBIT B
Types of Reporting Persons
| Reporting Person | Type(s) |
| MARK FEUER | IN |
| SCOTT TAYLOR | IN |
| BBLN-PEDCO CORP. | CO |
| BHLN-PEDCO CORP. | CO |
Legend:
| Broker Dealer | BD |
| Bank | BK |
| Insurance Company | IC |
| Investment Company | IV |
| Investment Advisor | IA |
| Employee Benefit Plan, Pension Fund, or Endowment Fund | EP |
| Parent Holding Company/Control Person | HC |
| Savings Association | SA |
| Church Plan | CP |
| Corporation | CO |
| Partnership | PN |
| Individual | IN |
| Other | OO |