0001442619-11-000024.txt : 20111228 0001442619-11-000024.hdr.sgml : 20111228 20111228145814 ACCESSION NUMBER: 0001442619-11-000024 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20111228 DATE AS OF CHANGE: 20111228 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KAMMONA AMIR CENTRAL INDEX KEY: 0001442619 FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: 170 HILLSBOROUGH LANE CITY: LENOIR CITY STATE: TN ZIP: 37772 FORMER COMPANY: FORMER CONFORMED NAME: Kammona Amir DATE OF NAME CHANGE: 20080811 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Onteco Corp CENTRAL INDEX KEY: 0001427352 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 000000000 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-85790 FILM NUMBER: 111283751 BUSINESS ADDRESS: STREET 1: 19495 BISCAYNE BLVD. STREET 2: SUITE 411 CITY: AVENTURA STATE: FL ZIP: 33180 BUSINESS PHONE: 305-932-9795 MAIL ADDRESS: STREET 1: 19495 BISCAYNE BLVD. STREET 2: SUITE 411 CITY: AVENTURA STATE: FL ZIP: 33180 FORMER COMPANY: FORMER CONFORMED NAME: InfoSpi, Inc. DATE OF NAME CHANGE: 20080214 SC 13D/A 1 sc13d7.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. ____7___)* Onteco Corporation (Name of Issuer) SHARES OF COMMON STOCK, PAR VALUE $0.001 PER SHARE (Title of Class of Securities) 683311104 (CUSIP Number) Amir Kammona 170 Hillsborough lane Lenoir City,TN 37772 (865)816-6019 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) 12/22/2011 (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.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 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. Amir A Kammona 2. Check the Appropriate Box if a Member of a Group (a) o (b) o 3. SEC Use Only 4. Source of Funds: PF 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o 6. Citizenship or Place of Organization: United States Number of Shares Beneficially Owned by Each Reporting Person With: 7. Sole Voting Power 140215399 8. Shared Voting Power 0 9. Sole Dispositive Power 140215399 10. Shared Dispositive Power 0 11. Aggregate Amount Beneficially Owned by Each Reporting Person 140215399 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares o 13. Percent of Class Represented by Amount in Row (11): 38 14. Type of Reporting Person: IN ITEM 2. IDENTITY AND BACKGROUND (a) Name; Amir A kammona (b) Residence or business address; 170 Hillsborough lane Lenoir City, TN 37772 (c) Present principal occupation or employment: Stock trading and investing (d) CRIMINAL PROCEEDINGS: During the last five years, the Reporting Person has not been convicted in any criminal proceedings (excluding traffic violations or similar misdemeanors). (e) CIVIL PROCEEDINGS: During the last five years, the Reporting Person has not been a party to any civil proceeding of a judicial or administrative body of competent jurisdiction where, as a result of such proceeding,there was or is a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or fining any violation with respect to such laws. (f) Citizenship. United States of America ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION The Reporting Person acquired the 140215399 shares of common stock in open market transactions through his brokerage account(s) for a total of $150039.7 paid for them. ITEM 4. PURPOSE OF TRANSACTION The Reporting Person acquired the Issuer's shares as described in Item 3 for investment purposes. Subject to all relevant securities law restrictions, the Reporting Person may acquire or dispose of securities of the Issuer from time to time in the open market or in privately negotiated transactions with third parties, subject to and depending upon prevailing market conditions for such securities. Except as otherwise disclosed herein, 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)As of 12/27/2011 the Reporting Person is the beneficial owner of 140215399 or about 38% of the Issuer's issued and outstanding common stock. (b) As of 12/27/2011 the Reporting Person had the sole power to vote or to direct the voting of, or to dispose or to direct the disposition of 140215399 shares (or approximately 38%) of the Issuer's issued and outstanding common stock. .. (c) As of 12/27/2011 and since the filing of the most recent schedule 13d the Reporting Person executed all the following transactions through his brokerage account(s) in the open market. On 12/22/2011 the Reporting Person bought 999999 shares of Common Stock for a total of $408.95 and an average of $0.0004 per share. On 12/22/2011 the Reporting Person bought 999999 shares of Common Stock for a total of $408.95 and an average of $0.0004 per share. On 12/22/2011 the Reporting Person bought 999999 shares of Common Stock for a total of $408.95 and an average of $0.0004 per share. On 12/22/2011 the Reporting Person bought 999999 shares of Common Stock for a total of $408.95 and an average of $0.0004 per share. On 12/22/2011 the Reporting Person bought 999999 shares of Common Stock for a total of $408.95 and an average of $0.0004 per share. On 12/22/2011 the Reporting Person bought 999999 shares of Common Stock for a total of $408.95 and an average of $0.0004 per share. On 12/22/2011 the Reporting Person bought 2,813,025 shares of Common Stock for a total of $1,133.16 and an average of $0.0004 per share. On 12/22/2011 the Reporting Person bought 5424328 shares of Common Stock for a total of $2,187.58 and an average of $0.0004 per share. On 12/23/2011 the Reporting Person bought 999999 shares of Common Stock for a total of $408.95 and an average of $0.0004 per share. On 12/23/2011 the Reporting Person bought 999999 shares of Common Stock for a total of $408.95 and an average of $0.0004 per share. On 12/23/2011 the Reporting Person bought 999999 shares of Common Stock for a total of $408.95 and an average of $0.0004 per share. On 12/27/2011 the Reporting Person bought 999999 shares of Common Stock for a total of $408.95 and an average of $0.0004 per share. On 12/27/2011 the Reporting Person bought 999999 shares of Common Stock for a total of $408.95 and an average of $0.0004 per share. On 12/27/2011 the Reporting Person bought 5424328 shares of Common Stock for a total of $2,187.58 and an average of $0.0004 per share. On 12/27/2011 the Reporting Person bought 3442700 shares of Common Stock for a total of $1,390.97 and an average of $0.0004 per share. On 12/27/2011 the Reporting Person bought 3,000,000 shares of Common Stock for a total of $$1,207.94 and an average of $0.0004 per share. On 12/27/2011 the Reporting Person bought 1000000 shares of Common Stock for a total of $407.95 and an average of $0.0004 per share. On 12/27/2011 the Reporting Person bought 2,109,816 shares of Common Stock for a total of $851.88 and an average of $0.0004 per share. On 12/27/2011 the Reporting Person bought 4130305 shares of Common Stock for a total of $2,082.49 and an average of $0.0005 per share. (d) As of 12/27/2011 No person other than the Reporting Person had the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Issuer's equity securities. (e)Not applicable ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER The Reporting Person does not have any contract, arrangement, understanding or relationship with respect to securities of the Issuer including, but not limited to, transfer or voting of any of the securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies, and (ii) the Reporting Person has not pledged securities of the Issuer nor are the securities of the Issuer held by the Reporting Person subject to a contingency, the occurrence of which would give another person voting power or investment power over such securities. 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. 12/28/2011 _______________________ Date ___Amir Kammona____________________ Signature ___Amir A Kammona____________________ Name/Title The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative (other than an executive officer or general partner of the filing person), evidence of the representative's authority to sign on behalf of such person shall be filed with the statement: provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.