-----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, CCNmXzuPaMX8rVBkA/4GBlsUGFbLQgzEZVyf/ehyHzCDMrW0TzmDuMeIBf3f7m7a pFPTryA28W3z5lbskkzv3g== 0001144204-10-036126.txt : 20100701 0001144204-10-036126.hdr.sgml : 20100701 20100701160442 ACCESSION NUMBER: 0001144204-10-036126 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100701 DATE AS OF CHANGE: 20100701 GROUP MEMBERS: PATRICIA PEIZER GROUP MEMBERS: SOCIUS CG II, LTD. GROUP MEMBERS: TERREN S. PEIZER SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Dutch Gold Resources Inc CENTRAL INDEX KEY: 0000928375 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-CHEMICALS & ALLIED PRODUCTS [5160] IRS NUMBER: 841125214 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-46591 FILM NUMBER: 10930989 BUSINESS ADDRESS: STREET 1: 3500 LENOX ROAD STREET 2: SUITE 1500 CITY: ATLANTA STATE: GA ZIP: 30326 BUSINESS PHONE: 404-414-8800 MAIL ADDRESS: STREET 1: 3500 LENOX ROAD STREET 2: SUITE 1500 CITY: ATLANTA STATE: GA ZIP: 30326 FORMER COMPANY: FORMER CONFORMED NAME: SMALL TOWN RADIO INC DATE OF NAME CHANGE: 20020705 FORMER COMPANY: FORMER CONFORMED NAME: WORLDWIDE PETROMOLY INC DATE OF NAME CHANGE: 19970220 FORMER COMPANY: FORMER CONFORMED NAME: OGDEN MCDONALD & CO DATE OF NAME CHANGE: 19940812 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Socius Capital Group, LLC CENTRAL INDEX KEY: 0001477571 IRS NUMBER: 271051956 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 11150 SANTA MONICA BOULEVARD CITY: LOS ANGELES STATE: CA ZIP: 90025 BUSINESS PHONE: 310 444 4300 MAIL ADDRESS: STREET 1: 11150 SANTA MONICA BOULEVARD CITY: LOS ANGELES STATE: CA ZIP: 90025 SC 13G 1 v189702_sc13g.htm
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549

SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934

DUTCH GOLD RESOURCES, INC.
(Name of Issuer)

Common Stock, $0.001 par value
(Title of Class of Securities)

26702V107
(CUSIP Number)

June 23, 2010
(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)
þ
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 the disclosures provided in a prior cover page.
 
The information required in the remainder of this cover page shall not be deemed to be “filed” for 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.
NAME OF REPORTING PERSON
 
     
 
Socius CG II, Ltd.
 
     
 
IRS IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
 
     
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)
¨
 
(b)
¨
3.
SEC USE ONLY
 
     
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
     
 
Bermuda
 
     
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
     
5.
SOLE VOTING POWER
 
     
 
15,800,000 (See Item 4)
 
     
6.
SHARED VOTING POWER
 
     
 
0
 
     
7.
SOLE DISPOSITIVE POWER
 
     
 
15,800,000 (See Item 4)
 
     
8.
SHARED DISPOSITIVE POWER
 
     
 
0
 
     
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
 
15,800,000 (See Item 4)
 
     
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES:
¨
     
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9:
     
 
9.9%
 
     
12.
TYPE OF REPORTING PERSON
 
     
 
OO
 
 
 
2 of 9

 

1.
NAME OF REPORTING PERSON
 
     
 
Socius Capital Group, LLC
 
     
 
IRS IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
 
     
 
27-1051956
 
     
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)
¨
 
(b)
¨
3.
SEC USE ONLY
 
     
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
     
 
Delaware
 
     
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
     
5.
SOLE VOTING POWER
 
     
 
15,800,000 (See Item 4)
 
     
6.
SHARED VOTING POWER
 
     
 
0
 
     
7.
SOLE DISPOSITIVE POWER
 
     
 
15,800,000 (See Item 4)
 
     
8.
SHARED DISPOSITIVE POWER
 
     
 
0
 
     
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
     
 
15,800,000 (See Item 4)
 
     
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES:
¨
     
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9:
 
     
 
9.9%
 
     
12.
TYPE OF REPORTING PERSON
 
     
 
HC
 
 
 
3 of 9

 
 
1.
NAME OF REPORTING PERSON
 
     
 
Terren S. Peizer
 
     
 
IRS IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
 
     
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
 
 
(a)
¨
 
(b)
¨
3.
SEC USE ONLY
 
     
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
     
 
United States
 
     
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
     
5.
SOLE VOTING POWER
 
     
 
15,800,000 (See Item 4)
 
     
6.
SHARED VOTING POWER
 
     
 
0
 
     
7.
SOLE DISPOSITIVE POWER
 
     
 
15,800,000 (See Item 4)
 
     
8.
SHARED DISPOSITIVE POWER
 
     
 
0
 
     
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
     
 
15,800,000 (See Item 4)
 
     
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES:
¨
     
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9:
 
     
 
9.9%
 
     
12.
TYPE OF REPORTING PERSON
 
     
 
IN
 

 
4 of 9

 
 
1.
NAME OF REPORTING PERSON
 
     
 
Patricia Peizer
 
     
 
IRS IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
 
     
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
 
 
(a)
¨
 
(b)
¨
3.
SEC USE ONLY
 
     
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
     
 
United States
 
     
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
     
5.
SOLE VOTING POWER
 
     
 
15,800,000 (See Item 4)
 
     
6.
SHARED VOTING POWER
 
     
 
0
 
     
7.
SOLE DISPOSITIVE POWER
 
     
 
15,800,000 (See Item 4)
 
     
8.
SHARED DISPOSITIVE POWER
 
     
 
0
 
     
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
     
 
15,800,000 (See Item 4)
 
     
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES:
¨
     
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9:
 
     
 
9.9%
 
     
12.
TYPE OF REPORTING PERSON
 
     
 
IN
 

 
5 of 9

 

ITEM 1
(a)
Name of Issuer:

Dutch Gold Resources, Inc.

(b)
Address of Issuer’s Principal Executive Offices:

3500 Lenox Road, NE
Atlanta, Georgia 30326
  
ITEM 2
(a)
Name of Person Filing:

This statement is filed by Socius CG II, Ltd. with respect to shares of common stock, $0.001 par value per share, of the issuer beneficially owned by Socius CG II, Ltd., and by Socius Capital Group, LLC, Terren S. Peizer and Patricia Peizer with respect to the shares beneficially owned by Socius CG II, Ltd.

(b)
Address of Principal Business Office, or, if None, Residence:

The address of the principal business office of Socius CG II, Ltd. is:
Clarendon House, 2 Church Street, Hamilton HM 11, Bermuda.

The address of the principal business office of Socius Capital Group, LLC, Mr. Peizer and Ms. Peizer is:  11150 Santa Monica Boulevard, Suite 1500, Los Angeles, CA 90025.

(c)
Citizenship:

Socius CG II, Ltd. is a Bermuda exempted company.
Socius Capital Group, LLC is a Delaware limited liability company.
Mr. Peizer and Ms. Peizer are United States citizens.

(d)
Title of Class of Securities:

Common Stock, $0.001 par value per share.

(e)
CUSIP NUMBER:

26702V107

ITEM 3:
If this Statement if Filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:
 
 
¨
a.
Broker or dealer registered under Section 15 of the Exchange Act.
 
¨
b.
Bank as defined in Section 3(a)(6) of the Exchange Act.
 
¨
c.
Insurance company as defined in Section 3(a)(19) of the Exchange Act.
 
¨
d.
Investment company registered under Section 8 of the Investment Company Act.
 
¨
e.
An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E)
 
¨
f.
An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F)
 
¨
g.
A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G)
 
¨
h.
A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act
 
¨
i.
A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act
 
¨
j.
Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
 
 
6 of 9

 
 
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:  See item 9 of cover pages.

 
(b)          Percent of class:  See item 11 of cover pages.
 
(c)          Number of shares as to which such person has:
 
(i)           Sole power to vote or to direct the vote:

(ii)          Shared power to vote or to direct the vote:

(iii)         Sole power to dispose or to direct the disposition of:
 
(iv)         Shared power to dispose or to direct the disposition of:
 
See items 5-8 of cover pages.
 
The shares were obtained pursuant to a Stock Purchase Agreement, dated as of June 23, 2010, between Socius CG II, Ltd. and Embassy International, LLC.
 
For purposes of calculating the percent of class, the reporting persons have assumed that there were a total of 159,495,439 shares of common stock outstanding immediately subsequent to the issuance of the shares to Socius CG II, Ltd. such that 15,800,000 shares of common stock represent approximately 9.9% of the class subsequent to such issuance.
 
Socius Capital Group, LLC, Mr. Peizer and Ms. Peizer directly own no shares of the issuer.  Mr. Peizer is the sole Managing Director of Socius Capital Group, LLC and Socius CG II, Ltd..  Ms. Peizer is the sole ultimate beneficial owner of Socius CG II, Ltd..  By reason of the provisions of Rule 13d-3 of the Securities Exchange Act of 1934, as amended, Socius Capital Group, LLC, Mr. Peizer and/or Ms. Peizer may be deemed to beneficially own and/or control the shares owned by Socius CG II, Ltd..  Socius Capital Group, LLC and Mr. Peizer disclaim beneficial ownership, and Ms. Peizer disclaims control, of any of the securities covered by this statement.
 
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 box:    o
 
ITEM 6:
Ownership of More than Five Percent on Behalf of Another Person.
 
Not Applicable.
 
 
7 of 9

 

ITEM 7:
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
 
See Exhibit 1.
 
ITEM 8:
Identification and Classification of Members of the Group.
 
Not Applicable.
 
ITEM 9:
Notice of Dissolution of Group.
 
Not Applicable.
 
ITEM 10:
Certifications.
 
By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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 such purpose or effect.
 
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:  June 23, 2010
 
SOCIUS CG II, LTD.
     
   
By:
/s/ Terren S. Peizer
   
Name:
Terren S. Peizer
   
Its:
Managing Director
       
Dated:  June 23, 2010
 
SOCIUS CAPITAL GROUP, LLC
       
   
By:
/s/ Terren S. Peizer
   
Name:
Terren S. Peizer
   
Its:
Managing Director
       
Dated:  June 23, 2010
 
/s/  Terren S. Peizer
   
Terren S. Peizer
       
Dated:  June 23, 2010
 
/s/  Patricia Peizer
   
Patricia Peizer

 
8 of 9

 
 
EXHIBIT INDEX TO SCHEDULE 13G

EXHIBIT 1

Exhibit Stating Identity of Relevant Subsidiary per Item 7 of Schedule 13G

EXHIBIT 2

Joint Filing Agreement among Socius CG II, Ltd., Socius Capital Group, LLC, Terren S. Peizer and Patricia Peizer
 
 
9 of 9

 
 
Exhibit 1
 
Socius CG II, Ltd. is a subsidiary of Socius Capital Group, LLC

 
 

 
Exhibit 2
 
JOINT FILING AGREEMENT
 
This Joint Filing Agreement, entered into and effective as of June 23, 2010, is made by and among Socius CG II, Ltd., Socius Capital Group, LLC, Terren S. Peizer and Patricia Peizer (each, a “Filer” and, collectively, the “Filers”) pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended.
 
Each of the Filers hereby acknowledges and agrees that the foregoing statement on Schedule 13G is filed on behalf of each of the Filers and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the Filers without the necessity of filing additional joint filing agreements. Each Filer acknowledges that such Filer shall be responsible for the timely filing of such amendments and for the completeness and accuracy of the information concerning such Filer contained therein, but shall not be responsible for the completeness and accuracy of the information concerning any of the other Filers, except to the extent that such Filer knows or has reason to believe that such information is inaccurate.

This Joint Filing Agreement may be executed in any number of counterparts and all of such counterparts taken together shall constitute one and the same instrument.
 
This Joint Filing Agreement may be terminated by any of the Filers upon written notice to the other Filers.
 
Dated:  June 23, 2010
 
SOCIUS CG II, LTD.
     
   
By:
/s/ Terren S. Peizer
   
Name:
Terren S. Peizer
   
Its:
Managing Director
       
Dated:  June 23, 2010
 
SOCIUS CAPITAL GROUP, LLC
       
   
By:
/s/ Terren S. Peizer
   
Name:
Terren S. Peizer
   
Its:
Managing Director
       
Dated:  June 23, 2010
 
/s/  Terren S. Peizer
   
Terren S. Peizer
       
Dated:  June 23, 2010
 
/s/  Patricia Peizer
   
Patricia Peizer
 
 
 

 
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