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Igwealor Frank I – ‘SC 13D’ on 9/6/22 re: All American Gold Corp.

On:  Tuesday, 9/6/22, at 12:34pm ET   ·   Accession #:  1903596-22-564   ·   File #:  5-93752

Previous ‘SC 13D’:  None   ·   Next & Latest:  ‘SC 13D’ on 10/21/22

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 9/06/22  Igwealor Frank I                  SC 13D                 2:94K  All American Gold Corp.           SEC Filing Solut… LLC/FA

Statement of Acquisition of Beneficial Ownership by an “Active” Investor   —   Schedule 13D   —   WA’68

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13D      Statement of Acquisition of Beneficial Ownership    HTML     86K 
                by an "Active" Investor                                          
 2: EX-99.1     Joint Filing Agreement                              HTML      8K 


‘SC 13D’   —   Statement of Acquisition of Beneficial Ownership by an “Active” Investor


This is an HTML Document rendered as filed.  [ Alternative Formats ]



UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13D

(Rule 13d-101)

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO § 240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO

§ 240.13d-2(a)

 

Under the Securities Exchange Act of 1934
(Amendment No. )*

 

ALL AMERICAN GOLD CORP.


(Name of Issuer)

 

Common Stock, $0.001 Par Value 


  (Title of Class of Securities)

 

01643V102


  (CUSIP Number)

 

 

Frank I Igwealor

370 Amapola Ave., Suite 200A

Torrance, CA 90501 


 (Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

 

 

September 01, 2022


  (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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box: o

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.  See Rule 240.13d-7 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 which would alter disclosures provided in a prior cover page.

 

 C: 
 
 

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).


CUSIP NO. 01643V102

1

NAMES OF REPORTING PERSON

 

AMERICAN COMMUNITY CAPITAL, LP.

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)

 

WC

5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)                       [ ]
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

CALIFORNIA

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH REPORTING

PERSON WITH

7

SOLE VOTING POWER

 

73,800,000

8

SHARED VOTING POWER

 

-0-

9

SOLE DISPOSITIVE POWER

 

73,800,000

10

SHARED DISPOSITIVE POWER

 

-0-

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

73,800,000

12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)                                                                                                                                                                                                                                                                       [ ]
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (see Item 5)*

 

5.01%*

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

OO

       

 

* This calculation is based on 1,472,773,800 shares of Common Stock outstanding as of September 01, 2022 as reported by the Company’s profile on the OTC Market website.

 

 

 

 C: 
 
 

CUSIP NO. 01643V102

1

NAMES OF REPORTING PERSON

 

FRANK I IGWEALOR

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)                                                                                                                                                                                                                                                                   (a) [ ]

                                                                                                                                                                                                                                                                                                  (b) [ ]

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

 

OO

5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)                       [ ]
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

CALIFORNIA

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH REPORTING

PERSON WITH

7

SOLE VOTING POWER

 

73,800,000

8

SHARED VOTING POWER

 

-0-

9

SOLE DISPOSITIVE POWER

 

73,800,000

10

SHARED DISPOSITIVE POWER

 

-0-

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

73,800,000

12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)                                                                                                                                                                                                                                                                       [ ]
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (see Item 5)*

 

5.01%*

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

IN

       

 

* This calculation is based on 1,472,773,800 shares of Common Stock outstanding as of September 01, 2022 as reported by the Company’s profile on the OTC Market website.

 


 

 C: 
 
 

 

The following constitutes the Schedule 13D filed by the undersigned (the Schedule13D)

 

Item 1. Security and Issuer

This statement on Schedule 13D relates to the common stock, par value $0.001 per share (the “Common Stock”), of ALL AMERICAN GOLD CORP., a Nevada corporation (the “Issuer”). The principal executive offices of the Issuer are located at 1620 Central Avenue, Suite 202, Cheyenne, Wyoming 82001

 

 

Item 2. Identity and Background.

 

(a), (f) This statement is being filed by:

 

(i)American Community Capital, LP., a California limited partnership (“ACC”); and
(ii)Mr. Frank I Igwealor, a citizen of the United States, and Manager of ACC (together with ACC, the “Reporting Persons”).

 

The Reporting Persons have entered into a joint filing agreement, dated as of September 1, 2022, a copy of which is filed herewith as Exhibit 99.1

(b) The address of the principal business and principal office of each of the Reporting Persons is 370 Amapola Ave., suite 200A, Torrance, CA 90501.

 

(c) The principal business of ACC is making investments in companies and projects that provide affordable housing, good jobs, and new opportunities that will connect highly-distressed or underserved neighborhoods to the mainstream US economy. To this end, American Community Capital, LP. assists its double-bottom-line minded limited partners in finding and investing in businesses and projects that connect underserved communities with US mainstream economic systems.

 

The principal occupation of Mr. Igwealor, among other callings that include financial/wealth/assets management, is to serve as the General Partner and Manager of ACC.

 

(d), (e) During the last five years, none of the Reporting Persons (i) has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to 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 violations with respect to such laws. 

 

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

 

American Community Capital, LP. (“ACC”) is a California limited partnership that invests in community-development anchored, and underserved communities-centered businesses. ACC creates partnerships and tools which increase access to cost-effective, market-rate commercial capital for underserved community-centered businesses through lines of credit from mainstream financial institutions and investments from pension funds, insurance companies and socially responsible investors to fund programs to meet the changing needs of underserved communities across the United States. On September 1, 2022, ACC acquired 350,000 shares of Common Stock of ALL AMERICAN GOLD CORP from the open market for cash. Prior to the purchase, ACC had acquired a total of 73,450,000 shares of Common Stock of ALL AMERICAN GOLD CORP from the open market for cash. ACC funded the purchase these shares out of its working capital.

 

Item 4. Purpose of Transaction

 

The Reporting Persons believe that the Issuer’s Common Stock is undervalued and is an attractive for PASSIVE INVESTMENT. Accordingly, when the Issuer posted a change of address on its OTC profile page the Reporting Persons thought it was a good opportunity to purchase additional shares from the open market.

 C: 
 
 

 

The Reporting Persons may in the future, engage in discussions with the Issuer and Issuer’s management and board of directors, other stockholders of the Issuer and other persons that may relate to governance and board composition, management, operations, business, assets, capitalization, financial condition, strategic plans and the future of the Issuer. The Reporting Persons may also take one or more of the actions described in subsections (a) through (j) of Item 4 of Schedule 13D and may discuss such actions with the Issuer and Issuer’s management and the board of directors, other stockholders of the Issuer and other persons.

The Reporting Persons intend to review their investments in the Issuer on a continuing basis. Depending on various factors and subject to the obligations described herein, including, without limitation, the Issuer’s financial position and strategic direction, actions taken by the board, price levels of shares of Common Stock, other investment opportunities available to the Reporting Persons, concentration of positions in the portfolios managed by the Reporting Persons, market conditions and general economic and industry conditions, the Reporting Persons may take such actions with respect to their investments in the Issuer as they deem appropriate, including, without limitation, purchasing additional shares of Common Stock or other financial instruments related to the Issuer or selling some or all of their beneficial or economic holdings, engaging in hedging or similar transactions with respect to the securities relating to the Issuer and/or otherwise changing their intention with respect to any and all matters referred to in Item 4 of Schedule 13D.

 

Item 5. Interest in Securities of the Issuer.

(a) The Reporting Person beneficially own in the aggregate 73,800,000 shares of Common Stock, which represents approximately 5.01% of the Company’s outstanding shares of Common Stock disclosed as beneficially owned by American Community Capital, LP. (“ACC”) in the applicable table set forth on the cover page to this Statement. The percentage ownership of shares of Common Stock set forth in this Statement is based on the 1,472,773,800 shares of Common Stock issued and outstanding as of September 01, 2022 as reported by the Company’s profile on the OTC Market website.

 

(b) ACC, as the beneficial owner of the share, may be deemed to have the shared power to vote or direct the vote of (and the shared power to dispose or direct the disposition of) the Subject Shares. By his position with ACC, Frank I Igwealor may be deemed to have the shared power to vote or direct the vote of (and the shared power to dispose or direct the disposition of) the Subject Shares.

 

(c) Schedule A annex hereto list all transactions in securities of the Issuer by the Reporting Persons during the past sixty days. All of the Shares reported are owned by AAC.

(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 proceeds from the sale of, the Shares.

(e) Not applicable.

 

 

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

 

Pursuant to Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the Reporting Persons have entered into an agreement with respect to the joint filing of this Statement, and any amendment or amendments hereto.

 

Item 7. Material to Be Filed as Exhibits.

 

Exhibit 99.1   Joint Filing Agreement, dated as of September 1, 2022, among ACC and Mr. Frank I Igwealor.

 

 

 


 

 C: 
 
 

SIGNATURE

 

After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this Statement is true, complete and correct.

 

Dated: September 1, 2022

 

AMERICAN COMMUNITY CAPITAL, LP.

 

    By:             /s/  Frank I Igwealor  
      Name:        Frank I Igwealor  
      Title:          General Partner, Manager   

 

 C: 
 
 

 


SCHEDULE A

Transactions in Securities of the Issuer During the Past Sixty Days

Nature of Transaction Amount of Securities Purchased Price per Share ($) Date of Purchase
Purchase of Common Stock 350,000 0.009 9/1/2022
       
       
       
       
       
       

 

 C: 
 


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘SC 13D’ Filing    Date    Other Filings
Filed on:9/6/22None on these Dates
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