UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 SCHEDULE 13D
Under the Securities Exchange Act of
1934
(Amendment No. 1)*
Empowered
Products, Inc.
(Name of Issuer)
Common Stock, $0.001 par value per share
(Title of Class of Securities)
29246G107
(CUSIP Number)
Michael J. Quinn, Esq.
K&L Gates LLP
10100 Santa Monica Blvd., 7th Fl.
(310) 552-5000
(Name, Address and Telephone Number of Persons
Authorized to Receive Notices and Communications)
June 2, 2014
(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 §240.13d-7(b)
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.
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).
| 1 |
NAMES OF REPORTING PERSONS: Scott Fraser |
| 2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X] |
| 3 |
SEC USE ONLY |
| 4 |
SOURCE OF FUNDS
OO |
| 5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] |
| 6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
United States |
|
NUMBER OF SHARES
BENEFICIALLY OWNED BY
EACH REPORTING PERSON
WITH |
7 |
SOLE VOTING POWER
43,089,000 |
| 8 |
SHARED VOTING POWER
-0- |
| 9 |
SOLE DISPOSITIVE POWER
43,089,000 |
| 10 |
SHARED DISPOSITIVE POWER
-0- |
| 11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
43,089,000 |
| 12 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [_]
|
| 13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
68.6% (1) |
| 14 |
TYPE OF REPORTING PERSON
IN |
| |
|
|
|
(1) Based on 62,788,856 shares
of common stock of the Issuer outstanding as of November 12, 2014 as disclosed in the Issuer’s Quarterly Report on Form 10-Q
filed with the Securities and Exchange Commission on November 14, 2014.
Item 1. Security
and Issuer.
This
Amendment No. 1 to Schedule 13D (this “Schedule 13D”) relates to the common stock, par value $0.001 (the
“Common Stock”), of Empowered Products, Inc., a Nevada corporation (the “Issuer”). The principal executive
offices of the Issuer are located at 3367 West Oquendo Rd., Las Vegas, NV 89118.
Item 2. Identity
and Background.
| (a) | This Schedule 13D is being filed on behalf of Scott Fraser (the “Reporting Person”). |
| (b) | The Reporting Person is the President and Chief Executive Officer of the Issuer. |
| (d) | During the past five years, of the Reporting Person has not been convicted in a criminal proceeding
(excluding traffic violations or similar misdemeanors). |
| (e) | During the past five years, the Reporting Persons has not been a party to any civil proceeding
of a judicial or administrative body of competent jurisdiction as a result of which he or it 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 violation with respect to such laws. |
| (f) | The Reporting Person is a citizen of the United States of America. |
Item 3. Source
and Amount of Funds or Other Consideration.
On June 2, 2014, the Reporting Person acquired all of the issued
and outstanding equity of EP Trading Services AG, Baar, a company formed under the laws of Switzerland, (“EP Trading”),
pursuant to the exercise of a call option, for a total amount equal to 200,000 Swiss Francs, which was equivalent to approximately
US$222,612. At the time of the acquisition, EP Trading owned 3,080,000 shares of the Issuer, which was concurrently transferred
to the Reporting Person, changing his beneficial ownership from indirect to direct.
Item 4. Purpose
of the Transaction.
The securities of the Issuer were acquired by the Reporting
Person for investment purposes. See Item 3 of this Schedule, which is hereby incorporated by reference. The Reporting Person is
aware that the Board of the Issuer has recently considered the deregistration of its securities from the Securities Exchange Act
of 1934, as amended, and is determining its eligibility to conduct such deregistration. The Reporting Person supports such deregistration.
Other than the foregoing, the Reporting Person has no current plans or proposals that relate to or would result in:
(a) The acquisition by any person of additional
securities of the Issuer, or the disposition of securities of the Issuer;
(b) An extraordinary corporate transaction,
such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries;
(c) A sale or transfer of a material amount
of assets of the Issuer or any of its subsidiaries;
(d) Any change in the present board of
directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any
existing vacancies on the board;
(e) Any material change in the present
capitalization or dividend policy of the Issuer;
(f) Any other material change in the Issuer's
business or corporate structure including but not limited to, if the Issuer is a registered closed-end investment company, any
plans or proposals to make any changes in its investment policy for which a vote is required by section 13 of the Investment Company
Act of 1940;
(g) Changes in the Issuer's charter, bylaws
or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person;
(h) Causing a class of securities of the
Issuer 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;
(i) A class of equity securities of the
Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or
(j) Any action similar to any of those
enumerated above.
Item 5. Interest
in Securities of the Issuer.
(a) The aggregate number and percentage
of class of securities identified pursuant to Item 1 beneficially owned by the Reporting Person may be found in rows 11 and 13
of the Cover Page, which is hereby incorporated by reference.
(b) The powers that the Reporting Person
identified in the preceding paragraph has relative to the shares discussed herein may be found in rows 7 through 10 of the Cover
Page, which is hereby incorporated by reference.
(c) All transactions in the class of securities
reported on that were effected by the Reporting Person during the past 60 days may be found in Item 3.
(d) None.
(e) Not applicable.
Item 6. Contracts,
Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
Not applicable.
Item 7. Material to be filed
as Exhibits.
Not applicable
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.
Dated: April 8, 2015
| |
By: |
/s/ Scott Fraser |
|
| |
|
|
|
| |
|
Scott Fraser |
|
Grafico Azioni Empowered Products (CE) (USOTC:EMPO)
Storico
Da Dic 2024 a Gen 2025
Grafico Azioni Empowered Products (CE) (USOTC:EMPO)
Storico
Da Gen 2024 a Gen 2025
