-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, ClVnjcqc++YaYsfKbkZNVxcCyiqBcTcTWfNhOKueUYe4+Yqxs5Rv3d3G6rd0LHu2 aChGexmqOgj5LmDVaW9XcA== 0001144204-06-004717.txt : 20060209 0001144204-06-004717.hdr.sgml : 20060209 20060208183810 ACCESSION NUMBER: 0001144204-06-004717 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060209 DATE AS OF CHANGE: 20060208 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WORLD AM, INC. CENTRAL INDEX KEY: 0001107522 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669] IRS NUMBER: 900142757 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-59197 FILM NUMBER: 06590338 BUSINESS ADDRESS: STREET 1: 1400 W 122ND AVENUE STE 104 CITY: WESTMINSTER STATE: CO ZIP: 80234 BUSINESS PHONE: 3034520022 MAIL ADDRESS: STREET 1: 1400 W 22ND AVENUE STE 104 CITY: WESTMINSTER STATE: CO ZIP: 80234 FORMER COMPANY: FORMER CONFORMED NAME: WORLD AM COMMUNICATIONS INC DATE OF NAME CHANGE: 20000516 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GOLDEN GATE INVESTORS INC CENTRAL INDEX KEY: 0001348010 IRS NUMBER: 341986525 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 7817 HERSCHEL AVE STREET 2: SUITE 200 CITY: LA JOLLA STATE: CA ZIP: 92037 BUSINESS PHONE: 858 551 8789 MAIL ADDRESS: STREET 1: 7817 HERSCHEL AVE STREET 2: SUITE 200 CITY: LA JOLLA STATE: CA ZIP: 92037 SC 13G 1 v034935_sc-13g.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. ) WORLD AM, INC. (Name of Issuer) COMMON STOCK (Title of Class of Securities) 98142E508 (CUSIP Number) February 7, 2006 (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). CUSIP No. - -------------------------------------------------------------------------------- 1) Name of Reporting Person. Golden Gate Investors, Inc. IRS Identification No. of Above Person (entities only) 34-1986525 - -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (a) [ ] (See Instructions) (b) [ ] - -------------------------------------------------------------------------------- 3) SEC Use Only - -------------------------------------------------------------------------------- 4) Citizenship or Place of Organization. USA - -------------------------------------------------------------------------------- Number of Shares 5) Sole Voting Power 8,116,104 Beneficially ---------------------------------------------------- Owned by Each 6) Shared Voting Power Reporting ---------------------------------------------------- Person With 7) Sole Dispositive Power 8,116,104 ---------------------------------------------------- 8) Shared Dispositive Power - -------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned by Each Reporting Person 8,116,104 - -------------------------------------------------------------------------------- 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ x ] The aggregate amount in Row 9 represents the maximum amount of shares that Golden Gate can beneficially control under a contractually stipulated 9.9% ownership restriction. The full conversion of Golden Gate's Convertible Debenture would exceed this restriction. - -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Item 9. 9.9% - -------------------------------------------------------------------------------- 12) Type of Reporting Person (See Instructions) CO ITEM 1. (A) NAME OF ISSUER World Am, Inc. (B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICE 4040 MacArthur Boulevard, Suite 240 Newport Beach, California 92660 ITEM 2. (A) NAME OF PERSON FILING Golden Gate Investors, Inc. (B) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR IF NONE, RESIDENCE 7817 Herschel Ave., Suite 200 La Jolla, CA 92037 (C) CITIZENSHIP USA (D) TITLE OF CLASS OF SECURITIES Common Stock (E) CUSIP NUMBER 98142E508 ITEM 3. If this statement is filed pursuant to rule 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 association 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) ___ Group, in accordance with section 240.13d-1(b)(1)(ii)(J). 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: 8,116,104 (b) Percent of class: 9.9% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 8,116,104 (ii) Shared power to vote or to direct the vote: (iii) Sole power to dispose or to direct the disposition of: 8,116,104 (iv) Shared power to dispose or to direct the disposition of: 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 /___/. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON Not applicable 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 Not applicable ITEM 9. NOTICE OF DISSOLUTION OF GROUP Not applicable ITEM 10. CERTIFICATION. By signing below we certify that, to the best of our 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. Dated: By: /s/ Travis W. Huff ---------------------------- Name: Travis W. Huff Title: Vice President and Portfolio Manager -----END PRIVACY-ENHANCED MESSAGE-----