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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
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PUBLIC COMPANY MANAGEMENT CORPORATION (Name of Issuer) |
Common stock, par value $0.001 per share (Title of Class of Securities) |
(CUSIP Number) |
Ronald J. Stauber 9440 Santa Monica Boulevard, Suite 301 Beverly Hills, CA, 902010 310 487 0080 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
09/30/2020 (Date of Event Which Requires Filing of This Statement) |
SCHEDULE 13D
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| CUSIP No. |
| 1 |
Name of reporting person
REPOSITORY SERVICES LLC | ||||||||
| 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)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
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| 6 | Citizenship or place of organization
WYOMING
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 11 | Aggregate amount beneficially owned by each reporting person
23,946,307.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
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| 13 | Percent of class represented by amount in Row (11)
69.84 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
OO |
SCHEDULE 13D
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| Item 1. | Security and Issuer |
| (a) | Title of Class of Securities:
Common stock, par value $0.001 per share |
| (b) | Name of Issuer:
PUBLIC COMPANY MANAGEMENT CORPORATION |
| (c) | Address of Issuer's Principal Executive Offices:
9440 Santa Monica Boulevard, Suite 301, Beverly Hills,
CALIFORNIA
, 902010. |
| Item 2. | Identity and Background |
| (a) | This Statement is filed by Repository Services LLC (the "Reporting Person"). |
| (b) | c/o Stauber Law Offices
9440 Santa Monica Boulevard 301
Beverly Hills, CA 90210 |
| (c) | Reporting Person acts as a holding company for investments. |
| (d) | None |
| (e) | N/A |
| (f) | The Reporting Person is a limited liability company organized under the laws of the State of Wyoming. |
| Item 3. | Source and Amount of Funds or Other Consideration |
The Reporting Person acquired beneficial ownership of the Common Stock through the acquisition of outstanding shares from prior stockholders of the Issuer. The funds used for such acquisitions and transactions were obtained from the Reporting Person's capital contributions and working capital, which in turn was obtained from certain third-party investors who contributed capital to the Reporting Person and are entitled to an economic interest in the securities acquired by the Reporting Person, the allocation and terms of which will be determined pursuant to the Reporting Person's operating agreement and related investment agreements. These arrangements do not confer voting or dispositive power over the securities to such investors. | |
| Item 4. | Purpose of Transaction |
The Reporting Person acquired and holds the Common Stock for the purpose of exercising control over the Issuer and influencing the Issuer's management, operations, capital structure and strategic direction. Subject to market conditions, the Issuer's financial position and other factors, the Reporting Person may from time to time: (a) cause the Issuer to enter into one or more business combination or reverse-merger transactions, including the proposed acquisition of Physicians Capital Management Corporation; (b) propose or effect changes to the Issuer's capitalization (including equity issuances, debt financings, or the creation of one or more classes or series of preferred stock); (c) influence the composition of the Issuer's board of directors and senior management; and (d) purchase additional shares of Common Stock or dispose of some or all of its current holdings in one or more open-market or privately negotiated transactions.
Except as set forth above, the Reporting Person does not have any present plans or proposals that relate to or would result in any of the matters described in paragraphs (a)-(j) of Item 4 of Schedule 13D, but reserves the right to develop such plans or proposals at any time. | |
| Item 5. | Interest in Securities of the Issuer |
| (a) | As of the date of this Statement, the Reporting Person beneficially owns 23,946,307 shares of Common Stock, representing approximately 69.84% of the Issuer's outstanding Common Stock (based on 23,946,307 shares outstanding as reported by the Issuer in its most recent Form 10-K.) The Reporting Person has sole voting power and sole dispositive power with respect to all such shares. |
| (b) | 23,946,307 |
| (c) | The Reporting Person has not effected any transactions in the Common Stock during the 60 days preceding the date hereof. |
| (d) | No person other than the Reporting Person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock reported herein. |
| (e) | Sepember 30, 2020 |
| Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer |
Certain third-party investors have contributed capital to the Reporting Person and are entitled to an economic interest in the securities acquired by the Reporting Person. The allocation and terms of such economic interests will be determined pursuant to the Reporting Person's operating agreement and related investment arrangements. These arrangements do not confer voting or dispositive power over the securities to such investors. | |
| Item 7. | Material to be Filed as Exhibits. |
None |
| 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.
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Comments accompanying signature:
This Form 13D/A is filed to correct the number of shares of common stock beneficially owned at the time of the reporting person's initial filing. The original Form 13D incorrectly reported 23,946.307 shares; the correct number is 23,447,807shares |