This Amendment No. 2 to Schedule 13D amends, restates and updates the statements on Schedule 13D relating to the Common Stock of the Issuer filed by Round Enterprises, Ltd. ("Round") with the Securities and Exchange Commission on October 24, 2007 and April 5, 2012.
Item 1. Security and Issuer.
This Amendment No. 2 filed by Round, The Round Trust (“Round Trust”) and Ulrich Burkhard (“Burkhard” and together with Round and Round Trust, the "Reporting Persons") relates to the shares of common stock, par value $0.01 per share (the "Common Stock"), of Mymetics Corporation, a Delaware corporation (the "Issuer"). The principal executive offices of the Issuer are located at Route de la Corniche 4, 1066 Epalinges, Switzerland.
Item 2. Identity and Background.
(a) This Amendment No. 2 is being filed with respect to the shares of the Issuer's Common Stock held by Round and shares of Common Stock that may be issued upon conversion of a series of convertible promissory notes (the “Notes”) issued by the Issuer to Round. Round is owned by Round Trust. Burkhard has voting and investment power over the securities held by Round.
(b) The business address of Round and Round Trust is Round Enterprises, Ltd., Sir William Place, St. Peter Port Guernsey, Channel Islands GYI 4HQ. The business address of Burkhard is c/o Marcuard Family Office Ltd., Theaterstrasse 12, P.O. Box 328, 8024 Zurich, Switzerland.
(c) Round and Round Trust are in the financial services business. Burkhard is the Co-Founder and Chairman of Marcuard Family Office Ltd., a multi-client family office providing asset management advice; he is also a director of the Issuer.
(d) During the last five years, none of the Reporting Persons, nor, to their knowledge, any of their respective executive officers or directors has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
(e) During the last five years, none of the Reporting Persons, nor, to their knowledge, their respective executive officers or directors, has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding were or are 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) Round was formed under the laws of the British Virgin Islands. Round Trust was formed under Guernsey law. Burkhard is a citizen of Switzerland.
The executive officers and directors of Round are set forth in Appendix A.
Item 3. Source and Amount of Funds or Other Consideration.
Each acquisition of securities by Round (or on its behalf and at its direction) was either in open market transactions or through private placements using its own working capital and with personal funds or by converting Notes.
CUSIP No.: 693286 10 6
|
SCHEDULE 13D |
Page 6 of 11 Pages |
The Reporting Persons have acquired beneficial ownership of securities of the Issuer as follows:
1. Open market or private placement purchases of shares
Date
|
|
Number of Shares
|
|
|
Price ($)
|
|
12/19/2005
|
|
|
6,000,000 |
|
|
|
0.05 |
|
1/30/2006
|
|
|
4,000,000 |
|
|
|
0.05 |
|
3/7/2006
|
|
|
2,500,000 |
|
|
|
0.04 |
|
5/15/2006
|
|
|
2,350,000 |
|
|
|
0.055 |
|
11/9/2006
|
|
|
1,300,000 |
|
|
|
0.1 |
|
12/21/2006
|
|
|
1,320,000 |
|
|
|
0.1 |
|
2/5/2007
|
|
|
1,420,000 |
|
|
|
0.1 |
|
3/16/2007
|
|
|
8,712,000 |
|
|
|
0.15 |
|
6/11/2007
|
|
|
5,393,000 |
|
|
|
0.2 |
|
10/3/2007
|
|
|
2,350,000 |
|
|
|
0.3 |
|
10/29/2009
|
|
|
1,917,276 |
|
|
|
0.1734 |
|
Total Shares
|
|
|
37,262,276 |
|
|
|
|
|
2. Notes
Notes converted to date:
Date of Issuance
|
|
Principal Amount
|
|
Date Converted
|
|
Conversion Ratio
|
|
|
Conversion Rate
|
|
|
Number of Shares
|
|
* |
|
EUR 961,044
|
|
6/11/2007
|
|
|
* |
|
|
|
1.3481 |
|
|
|
9,469,000 |
|
6/30/2010
|
|
EUR 4,790,015
|
|
10/25/2010
|
|
|
0.5 |
|
|
|
1.3486 |
|
|
|
12,919,629 |
|
7/1/2010
|
|
EUR 2,319,041
|
|
8/25/2011
|
|
|
0.08 |
|
|
|
1.4331 |
|
|
|
41,542,722 |
|
9/24/2010
|
|
EUR 1,159,822
|
|
12/5/2011
|
|
|
0.08 |
|
|
|
1.4148 |
|
|
|
20,511,451 |
|
12/9/2010
|
|
EUR 1,164,493
|
|
3/19/2012
|
|
|
0.08 |
|
|
|
1.326 |
|
|
|
19,301,474 |
|
Total Shares
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
103,744,276 |
|
* Three notes issued on 8/25/2006, 3/19/2007 and 4/2/2007 were converted at ratios of .105, .105, and .150; the total was rounded up to 9,469,000 shares.
Notes currently convertible: (continued on next page)
CUSIP No.: 693286 10 6
|
SCHEDULE 13D |
Page 7 of 11 Pages |
Loan
|
|
Date
|
|
Days Elapsed
|
|
Years
|
|
Loan Amount
|
|
Interest
|
|
Interest Rate (%)
|
|
Current Principal (€)
|
|
Current Principal ($)
|
|
Conversion Rate
|
|
Conversion Price ($)
|
|
Number of Shares
|
|
Maturity Date
|
1
|
|
10/1/2007
|
|
2556
|
|
7.00
|
|
EUR 500,000.00
|
|
EUR 350,136.99
|
|
10.00%
|
|
850,136.99
|
|
1,197,843.01
|
|
1.4090
|
|
0.5
|
|
2,395,686
|
|
Later of 3/31/2013 or end of subsequent quarter in which Mymetics receives request for repayment
|
2
|
|
12/10/2007
|
|
2486
|
|
6.81
|
|
EUR 1,500,000.00
|
|
EUR 1,021,643.84
|
|
10.00%
|
|
2,521,643.84
|
|
3,638,479.89
|
|
1.4429
|
|
0.5
|
|
7,276,960
|
|
Later of 3/31/2013 or end of subsequent quarter in which Mymetics receives request for repayment
|
3
|
|
1/22/2008
|
|
2443
|
|
6.69
|
|
EUR 1,500,000.00
|
|
EUR 1,003,972.60
|
|
10.00%
|
|
2,503,972.60
|
|
3,663,061.52
|
|
1.4629
|
|
0.5
|
|
7,326,123
|
|
Later of 3/31/2013 or end of subsequent quarter in which Mymetics receives request for repayment
|
4
|
|
6/30/2008
|
|
2283
|
|
6.25
|
|
EUR 1,500,000.00
|
|
EUR 938,219.18
|
|
10.00%
|
|
2,438,219.18
|
|
3,749,981.10
|
|
1.5380
|
|
0.5
|
|
7,499,962
|
|
Later of 3/31/2013 or end of subsequent quarter in which Mymetics receives request for repayment
|
5
|
|
4/25/2008
|
|
2349
|
|
6.44
|
|
EUR 2,000,000.00
|
|
EUR 1,287,123.29
|
|
10.00%
|
|
3,287,123.29
|
|
5,222,910.19
|
|
1.5889
|
|
0.5
|
|
10,445,820
|
|
Later of 3/31/2013 or end of subsequent quarter in which Mymetics receives request for repayment
|
6
|
|
11/17/2008
|
|
2143
|
|
5.87
|
|
EUR 1,200,000.00
|
|
EUR 704,547.95
|
|
10.00%
|
|
1,904,547.95
|
|
2,409,253.15
|
|
1.2650
|
|
0.5
|
|
4,818,506
|
|
Later of 3/31/2013 or end of subsequent quarter in which Mymetics receives request for repayment
|
7
|
|
2/6/2009
|
|
2062
|
|
5.65
|
|
EUR 1,500,000.00
|
|
EUR 847,397.26
|
|
10.00%
|
|
2,347,397.26
|
|
3,037,532.05
|
|
1.2940
|
|
0.5
|
|
6,075,064
|
|
Later of 3/31/2013 or end of subsequent quarter in which Mymetics receives request for repayment
|
8
|
|
6/15/2009
|
|
1933
|
|
5.30
|
|
EUR 5,500,000.00
|
|
EUR 2,912,739.73
|
|
10.00%
|
|
8,412,739.73
|
|
11,815,692.95
|
|
1.4045
|
|
0.8
|
|
14,769,616
|
|
Later of 3/31/2013 or end of subsequent quarter in which Mymetics receives request for repayment
|
9
|
|
10/13/2009
|
|
1813
|
|
4.97
|
|
EUR 2,000,000.00
|
|
EUR 496,712.33
|
|
5.00%
|
|
2,496,712.33
|
|
3,708,616.49
|
|
1.4854
|
|
0.25
|
|
14,834,466
|
|
Later of 3/31/2013 or end of subsequent quarter in which Mymetics receives request for repayment
|
10
|
|
12/18/2009
|
|
1747
|
|
4.79
|
|
EUR 2,200,000.00
|
|
EUR 526,493.15
|
|
5.00%
|
|
2,726,493.15
|
|
3,909,245.88
|
|
1.4338
|
|
0.25
|
|
15,636,984
|
|
Later of 3/31/2013 or end of subsequent quarter in which Mymetics receives request for repayment
|
15
|
|
8/4/2011
|
|
1153
|
|
3.16
|
|
$1,200,000.00
|
|
$379,068.49
|
|
10.00%
|
|
N/A
|
|
1,579,068.49
|
|
1.0000
|
|
|
|
46,635,218
|
|
Later of 3/31/2013 or end of subsequent quarter in which Mymetics receives request for repayment
|
16
|
|
11/8/2011
|
|
1057
|
|
2.90
|
|
EUR 400,000.00
|
|
EUR 115,835.62
|
|
10.00%
|
|
515,835.62
|
|
711,182.56
|
|
1.3787
|
|
0.03386
|
|
21,003,620
|
|
Later of 3/31/2013 or end of subsequent quarter in which Mymetics receives request for repayment
|
17
|
|
2/10/2012
|
|
963
|
|
2.64
|
|
EUR 1,000,000.00
|
|
EUR 263,835.62
|
|
10.00%
|
|
1,263,835.62
|
|
1,675,846.03
|
|
1.3260
|
|
0.03386
|
|
49,493,385
|
|
Later of 3/31/2013 or end of subsequent quarter in which Mymetics receives request for repayment
|
18
|
|
4/19/2012
|
|
894
|
|
2.45
|
|
EUR 321,600.00
|
|
EUR 78,769.97
|
|
10.00%
|
|
400,369.97
|
|
524,484.66
|
|
1.3100
|
|
|
|
15,489,801
|
|
Later of 3/31/2013 or end of subsequent quarter in which Mymetics receives request for repayment
|
19
|
|
5/4/2012
|
|
879
|
|
2.41
|
|
EUR 480,000.00
|
|
EUR 115,594.52
|
|
10.00%
|
|
595,594.52
|
|
783,325.91
|
|
1.3152
|
|
0.03386
|
|
23,134,256
|
|
Later of 3/31/2013 or end of subsequent quarter in which Mymetics receives request for repayment
|
20
|
|
9/3/2012
|
|
757
|
|
2.07
|
|
EUR 200,000.00
|
|
EUR 41,479.45
|
|
10.00%
|
|
241,479.45
|
|
303,684.56
|
|
1.2576
|
|
0.03386
|
|
8,968,829
|
|
Later of 3/31/2013 or end of subsequent quarter in which Mymetics receives request for repayment
|
21
|
|
11/4/2012
|
|
695
|
|
1.90
|
|
EUR 500,000.00
|
|
EUR 95,205.48
|
|
10.00%
|
|
595,205.48
|
|
756,982.33
|
|
1.2718
|
|
0.03386
|
|
22,356,241
|
|
Later of 6/30/2013 or end of quarter in which Mymetics receives request for repayment
|
22
|
|
1/16/2013
|
|
622
|
|
1.70
|
|
EUR 240,000.00
|
|
EUR 40,898.63
|
|
10.00%
|
|
280,898.63
|
|
374,100.80
|
|
1.3318
|
|
0.03386
|
|
11,048,458
|
|
Later of 6/30/2013 or end of quarter in which Mymetics receives request for repayment
|
23
|
|
3/25/2013
|
|
554
|
|
1.52
|
|
EUR 400,000.00
|
|
EUR 60,712.33
|
|
10.00%
|
|
460,712.33
|
|
595,009.97
|
|
1.2915
|
|
0.03684
|
|
16,151,194
|
|
Later of 6/30/2013 or end of quarter in which Mymetics receives request for repayment
|
24
|
|
4/14/2013
|
|
534
|
|
1.46
|
|
EUR 600,000.00
|
|
EUR 87,780.82
|
|
10.00%
|
|
687,780.82
|
|
897,966.64
|
|
1.3056
|
|
0.03386
|
|
26,519,983
|
|
Later of 6/30/2013 or end of quarter in which Mymetics receives request for repayment
|
25
|
|
5/15/2013
|
|
503
|
|
1.38
|
|
EUR 680,000.00
|
|
EUR 93,709.59
|
|
10.00%
|
|
773,709.59
|
|
1,001,025.47
|
|
1.2938
|
|
0.0374
|
|
26,765,387
|
|
Later of 6/30/2013 or end of quarter in which Mymetics receives request for repayment
|
26
|
|
6/24/2013
|
|
463
|
|
1.27
|
|
EUR 240,000.00
|
|
EUR 30,443.84
|
|
10.00%
|
|
270,443.84
|
|
360,772.08
|
|
1.3340
|
|
0.0249
|
|
14,488,838
|
|
Later of 9/30/2013 or end of quarter in which Mymetics receives request for repayment
|
27
|
|
8/5/2013
|
|
421
|
|
1.15
|
|
EUR 320,000.00
|
|
EUR 36,909.59
|
|
10.00%
|
|
356,909.59
|
|
474,083.01
|
|
1.3283
|
|
0.0177
|
|
26,784,351
|
|
Later of 9/30/2013 or end of quarter in which Mymetics receives request for repayment
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Shares
|
|
399,918,750
|
|
|
|
|
9/30/2014
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Potentially issuable shares
|
|
|
|
399,918,750
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Owned Shares
|
|
|
|
|
|
141,006,552
|
|
46.42%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Potential Share Ownership
|
|
|
|
540,925,302
|
|
76.87%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mymetics Corp issued shares 30.09.2014
|
|
303,757,622
|
|
|
CUSIP No.: 693286 10 6
|
SCHEDULE 13D |
Page 8 of 11 Pages |
Item 4. Purpose of Transaction.
Round has invested in the Issuer to support its development and growth and has acquired the Common Stock and Notes for investment purposes. The Reporting Persons will continuously evaluate their beneficial ownership of the Issuer’s securities and the Issuer's business and industry. Depending on market conditions and other factors that the Reporting Persons may deem material to their investment decision, Round may from time to time lend the Issuer money in exchange for convertible notes, acquire additional securities of the Issuer in the open market or in privately negotiated transactions or may dispose of all or a portion of the securities of the Issuer that Round now owns or may hereafter acquire.
The Reporting Persons currently have no other plans or proposals, though they retain the right, to subsequently devise or implement plans or proposals, which 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; (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 Securities Exchange Act of 1934 (the "Exchange Act"); or (j) any action similar to any of those enumerated above.
Item 5. Interest in Securities of the Issuer.
The Reporting Persons beneficially own an aggregate of 540,925,302 shares of Common Stock (which would represent 76.8% of the shares of Common Stock that would be outstanding following conversion of all of the Notes) consisting of 141,006,552 shares of Common Stock (representing 46.4% of the shares of Common Stock outstanding as of September 30, 2014 plus an additional 399,918,750 shares of Common Stock which are issuable upon conversion of the Notes. These percentages are based on 303,757,622 shares that were reporting as outstanding as of November 13, 2014 according to the Report on Form 10-Q filed by the Issuer with the Securities and Exchange Commission on that date.
To the knowledge of the Reporting Persons, none of their respective directors or officers has any power to vote or dispose of any securities of the Issuer, nor did any of the Reporting Persons effect any transactions in such securities in the past 60 days.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
The information required by Item 6 is incorporated herein by reference from Items 3 and 4 of this report.
Item 7. Material to be Filed as Exhibits.
1. Joint filing agreement
2. Power of attorney
CUSIP No.: 693286 10 6
|
SCHEDULE 13D |
Page 9 of 11 Pages |
3. Amended and Restated Convertible Promissory Note of Mymetics Corporation made as of June 30, 2009 to Round Enterprises Ltd. (€500,000)
4. Amendment No. 1 to Convertible Promissory Note made as of March 22, 2010 to Hyposwiss Private Bank Geneve SA
5. Convertible Promissory Note of Mymetics Corporation made as of February 6, 2009 to Round Enterprises Ltd. (€1,500,000)
6. Amended and Restated Promissory Note of Mymetics Corporation made as of June 30, 2009 to Round Enterprises Ltd. (€1,500,000)
7. Amended and Restated Convertible Promissory Note of Mymetics Corporation made as of June 30, 2009 to Round Enterprises Ltd. (€1,500,000)
8. Amended and Restated Convertible Promissory Note of Mymetics Corporation made as of June 30, 2009 to Round Enterprises Ltd. (€1,500,000)
9. Amended and Restated Convertible Promissory Note of Mymetics Corporation made as of June 30, 2009 to Round Enterprises Ltd. (€2,000,000)
10. Amended and Restated Convertible Promissory Note of Mymetics Corporation made as of June 30, 2009 to Round Enterprise Ltd. (€1,200,000)
11. Convertible Promissory Note of Mymetics Corporation made as of October 13, 2009 to Round Enterprises Ltd. (€2,000,000)
12. Convertible Promissory Note of Mymetics Corporation made as of December 18, 2009 to Round Enterprises Ltd. (€2,200,000)
13. Second Amended and Restated Convertible Promissory Note of Mymetics Corporation made as of August 20, 2010 to Round Enterprises Ltd. (Original Principal Amount €5.5 million)
14. Convertible Promissory Note of Mymetics Corporation made as of August 4, 2011 to Round Enterprises Ltd. ($1,200,000)
15. Convertible Promissory Note of Mymetics Corporation made as of November 8, 2011 (€400,000)
16. Convertible Promissory Note of Mymetics Corporation made as of February 10, 2012 to Round Enterprises Ltd. (€1,000,000)
17. Convertible Promissory Note of Mymetics Corporation made as of April 19, 2012 to Round Enterprises Ltd. (€321,600)
18. Convertible Promissory Note of Mymetics Corporation made as of May 4, 2012 to Round Enterprises Ltd. (€480,000)
19. Amendment No. 2 to Convertible Promissory Note made as of August 29, 2012 to Hyposwiss Private Bank Geneve SA
20. Convertible Promissory Note of Mymetics Corporation made as of September 3, 2012 to Round Enterprises Ltd. (€200,000)
21. Amendment to Convertible Promissory Note of Mymetics Corporation made as of June 3, 2013 to Round Enterprises Ltd. (€500,000)
CUSIP No.: 693286 10 6
|
SCHEDULE 13D |
Page 10 of 11 Pages |
22. Convertible Promissory Note of Mymetics Corporation made as of January 16, 2013 to Round Enterprises Ltd (€240,000)
23. Convertible Promissory Note of Mymetics Corporation made as of March 25, 2013 to Round Enterprises Ltd. (€400,000)
24. Convertible Promissory Note of Mymetics Corporation made as of April 14, 2013 to Round Enterprises Ltd. (€600,000)
25. Convertible Promissory Note of Mymetics Corporation made as of May 15, 2013 to Round Enterprises Ltd. (€680,000)
26. Convertible Promissory Note of Mymetics Corporation made as of June 24, 2013 to Round Enterprises Ltd. (€240,000)
27. Convertible Promissory Note of Mymetics Corporation made as of August 5, 2013 to Round Enterprises Ltd. (€320,000)
28. Omnibus Amendment No. 1 to Convertible Promissory Notes made as of March 22, 2010 to Round Enterprises Ltd.
29. Omnibus Amendment No. 2 to Convertible Promissory Notes of Mymetics Corporation made as of April 8, 2010 to Round Enterprises Ltd.
30. Omnibus Amendment No. 2 to Convertible Promissory Notes of Mymetics Corporation made as of August 29, 2012 to Round Enterprises Ltd.
31. Omnibus Amendment No. 2 to Convertible Promissory Notes of Mymetics Corporation made as of August 29, 2012 to Round Enterprises Ltd.
32. Omnibus Amendment No. 3 to Convertible Promissory Notes of Mymetics Corporation made as of August 29, 2012 to Round Enterprises Ltd.
33. Omnibus Amendment No. 3 to Convertible Promissory Notes of Mymetics Corporation made as of August 29, 2012 to Round Enterprises Ltd.
34. Amendment No. 2 to Convertible Promissory Note of Mymetics Corporation made as of September 3, 2012 to Round Enterprises Ltd.
35. Omnibus Amendment to Convertible Promissory Note of Mymetics Corporation made as of December 5, 2012 to Round Enterprises Ltd.
36. Omnibus Amendment to Convertible Promissory Note of Mymetics Corporation made as of December 5, 2012 to Round Enterprises Ltd.
37. Omnibus Amendment to Convertible Promissory Note of Mymetics Corporation made as of April 15, 2013 to Round Enterprises Ltd.
38. Omnibus Amendment to Convertible Promissory Note of Mymetics Corporation made as of April 15, 2013 to Round Enterprises Ltd.
39. Omnibus Amendment to Convertible Promissory Note of Mymetics Corporation made as of June 3, 2013 to Round Enterprises Ltd.