0001038838-14-000088.txt : 20140624 0001038838-14-000088.hdr.sgml : 20140624 20140609162532 ACCESSION NUMBER: 0001038838-14-000088 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20140609 DATE AS OF CHANGE: 20140609 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Max Sound Corp CENTRAL INDEX KEY: 0001353499 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 263534190 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-84247 FILM NUMBER: 14899438 BUSINESS ADDRESS: STREET 1: 2902A COLORADO AVENUE CITY: SANTA MONICA STATE: CA ZIP: 90404 BUSINESS PHONE: 310-264-0230 MAIL ADDRESS: STREET 1: 2902A COLORADO AVENUE CITY: SANTA MONICA STATE: CA ZIP: 90404 FORMER COMPANY: FORMER CONFORMED NAME: So Act Network, Inc. DATE OF NAME CHANGE: 20081015 FORMER COMPANY: FORMER CONFORMED NAME: 43010 INC DATE OF NAME CHANGE: 20070808 FORMER COMPANY: FORMER CONFORMED NAME: 43010 DATE OF NAME CHANGE: 20060215 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ICG USA, LLC CENTRAL INDEX KEY: 0001587116 IRS NUMBER: 453069613 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 425 N MARTINGALE RD, SUITE 1540 CITY: SCHAUMBURG STATE: IL ZIP: 60173 BUSINESS PHONE: 847-278-0333 MAIL ADDRESS: STREET 1: 425 N MARTINGALE RD, SUITE 1540 CITY: SCHAUMBURG STATE: IL ZIP: 60173 SC 13D/A 1 sch13dano1.htm SCHEDULE 13D/A NO. 1 sch13dano1.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

SCHEDULE 13D/A
(Amendment No. 1)*

Under the Securities Exchange Act of 1934

Max Sound Corporation
(Name of Issuer)

Common Stock
(Title of Class of Securities)

57776X109
(CUSIP Number)

Brian Robert Nord
ICG USA, LLC
425 North Martingale Road
Schaumburg, IL 60173
847-278-0333
(Name, Address and Telephone Number of Person Authorized To Receive Notices and Communications)

Copies to:
Kevin C. Timken
Kruse Landa Maycock & Ricks, LLC
136 East South Temple, Suite 2100
Salt Lake City, UT 84111
(801) 531-7090

May 21, 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).

 
 

 


SCHEDULE 13D

CUSIP No. 57776X109
1
Names of Reporting Persons.
ICG USA, LLC
 
I.R.S. IDENTIFICATION Nos. of above persons (entities only)
43-3069613
 
2
Check the Appropriate Box if a Member of a Group (See Instructions) (a) o
        (b) x
 
 
3
SEC Use Only
 
 
4
Source of Funds (See Instructions)
WC
 
5
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)¨
 
 
6
Citizenship or Place of Organization
DE, USA
 
 
7
Sole Voting Power
4,968,605
 
Number of
Shares
Beneficially
Owned by
8
Shared Voting Power
0
 
Each
Reporting
Person
With
9
Sole Dispositive Power
4,968,605
 
 
10
Shared Dispositive Power
0
 
11
Aggregate Amount Beneficially Owned by Each Reporting Person
4,968,605
 
12
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ¨
 
 
13
Percent of Class Represented by Amount in Row (11)
1.51%
 
14
Type of Reporting Person (See Instructions)
OO
 

 
 

 


CUSIP No. 57776X109
1
Names of Reporting Persons.
Venture Champion Asia, Ltd.
 
I.R.S. IDENTIFICATION Nos. of above persons (entities only)
n/a
 
2
Check the Appropriate Box if a Member of a Group (See Instructions) (a) o
        (b) x
 
 
3
SEC Use Only
 
 
4
Source of Funds (See Instructions)
WC
 
5
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)¨
 
 
6
Citizenship or Place of Organization
British Virgin Islands
 
 
7
Sole Voting Power
32,873,640
 
Number of
Shares
Beneficially
Owned by
8
Shared Voting Power
0
 
Each
Reporting
Person
With
9
Sole Dispositive Power
32,873,640
 
 
10
Shared Dispositive Power
0
 
11
Aggregate Amount Beneficially Owned by Each Reporting Person
32,873,640
 
12
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ¨
 
 
13
Percent of Class Represented by Amount in Row (11)
9.99%
 
14
Type of Reporting Person (See Instructions)
OO
 
 

 
 
 

 

CUSIP No. 57776X109
1
Names of Reporting Persons.
Brian Robert Nord
 
I.R.S. IDENTIFICATION Nos. of above persons (entities only)
n/a
 
2
Check the Appropriate Box if a Member of a Group (See Instructions) (a) o
        (b) x
 
 
3
SEC Use Only
 
 
4
Source of Funds (See Instructions)
PF
 
5
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)¨
 
 
6
Citizenship or Place of Organization
USA
 
 
7
Sole Voting Power
775,098
 
Number of
Shares
Beneficially
Owned by
8
Shared Voting Power
0
 
Each
Reporting
Person
With
9
Sole Dispositive Power
775,098
 
 
10
Shared Dispositive Power
0
 
11
Aggregate Amount Beneficially Owned by Each Reporting Person
775,098
 
12
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ¨
 
 
13
Percent of Class Represented by Amount in Row (11)
0.24%
 
14
Type of Reporting Person (See Instructions)
IN
 

 
 

 


CUSIP No. 57776X109
1
Names of Reporting Persons.
Carrie Dawn Nord
 
I.R.S. IDENTIFICATION Nos. of above persons (entities only)
n/a
 
2
Check the Appropriate Box if a Member of a Group (See Instructions) (a) o
        (b) x
 
 
3
SEC Use Only
 
 
4
Source of Funds (See Instructions)
PF
 
5
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)¨
 
 
6
Citizenship or Place of Organization
USA
 
 
7
Sole Voting Power
110,400
 
Number of
Shares
Beneficially
Owned by
8
Shared Voting Power
0
 
Each
Reporting
Person
With
9
Sole Dispositive Power
110,400
 
 
10
Shared Dispositive Power
0
 
11
Aggregate Amount Beneficially Owned by Each Reporting Person
110,400
 
12
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ¨
 
 
13
Percent of Class Represented by Amount in Row (11)
0.03%
 
14
Type of Reporting Person (See Instructions)
IN
 

 
 

 


CUSIP No. 57776X109
1
Names of Reporting Persons.
Larry Russell Jr.
 
I.R.S. IDENTIFICATION Nos. of above persons (entities only)
n/a
 
2
Check the Appropriate Box if a Member of a Group (See Instructions) (a) o
        (b) x
 
 
3
SEC Use Only
 
 
4
Source of Funds (See Instructions)
PF
 
5
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)¨
 
 
6
Citizenship or Place of Organization
USA
 
 
7
Sole Voting Power
70,000
 
Number of
Shares
Beneficially
Owned by
8
Shared Voting Power
0
 
Each
Reporting
Person
With
9
Sole Dispositive Power
70,000
 
 
10
Shared Dispositive Power
0
 
11
Aggregate Amount Beneficially Owned by Each Reporting Person
70,000
 
12
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ¨
 
 
13
Percent of Class Represented by Amount in Row (11)
0.02%
 
14
Type of Reporting Person (See Instructions)
IN
 

 
 

 

Item 1. Security and Issuer

This Amendment No. 1 (this “Amendment”) amends the statement on Schedule 13D filed on October 10, 2013 (the “Schedule 13D”) with respect to the common stock of Max Sound Corporation (the “Issuer”), par value $0.0001 (the “Common Stock”), including shares of the Common Stock issuable upon the exercise of warrants and the conversion of certain convertible promissory notes.
 
Item 5. Interest in Securities of the Issuer

Item 5 is hereby amended and restated as follows:

ICG USA, LLC, holds the sole voting and dispositive power over 4,968,605 shares of the Issuer’s common stock, which represents approximately 1.51% of the Issuer’s issued and outstanding shares, based upon the 329,065,173 shares of common stock communicated as issued and outstanding as of June 4, 2014, by the Issuer directly to ICG USA, LLC.  These shares include 250,000 shares issuable on the exercise of warrants and 214,285 shares issuable on the conversion of a convertible promissory note.  On May 22, 2014, ICG USA, LLC, acquired a convertible promissory note in the amount of $15,000 directly from the Issuer for a purchase price of $15,000.  Under the terms of that convertible promissory note, the conversion price is fixed at $0.07 per share for six months from the date of the convertible promissory note, after which it will be the lower of $0.07 per share or 75% of the market price.  The promissory note includes a provision that bars the holder from converting any portion of that promissory note if it will result in the holder and the affiliates of the holder owning more than 9.99 percent of the Issuer’s common stock.

Venture Champion Asia, Ltd., holds the sole voting and dispositive power over 32,065,173 shares of the Issuer’s common stock, which represents approximately 9.99% of the Issuer’s issued and outstanding shares, based upon the 329,065,173 shares of common stock communicated as issued and outstanding as of June 4, 2014, by the Issuer directly to Venture Champion Asia, Ltd.  On May 14, 2014, Venture Champion Asia, Ltd., acquired a convertible promissory note in the amount of $200,000 directly from the Issuer for a purchase price of $200,000.  On May 21, 2014, Venture Champion Asia, Ltd., acquired a convertible promissory note in the amount of $550,000 directly from the Issuer for a purchase price of $550,000.  Under the terms of those convertible promissory notes, the conversion price is fixed at $0.07 per share for six months from the date of the convertible promissory note, after which it will be the lower of $0.07 per share or 75% of the market price.  Each of those promissory notes includes a provision that bars the holder from converting any portion of that promissory note if it will result in the holder and the affiliates of the holder owning more than 9.99 percent of the Issuer’s common stock.

Brian Robert Nord holds the sole voting and dispositive power over 775,098 shares of the Issuer’s common stock, which represents approximately 0.24% of the Issuer’s issued and outstanding shares, based upon the 329,065,173 shares of common stock communicated as issued and outstanding as of June 4, 2014, by the Issuer directly to Mr. Nord.  On April 24, 2014, Mr. Nord purchased an aggregate of 31,000 shares in the open market for a total purchase price of $3,057.71 at prices ranging from $0.095 to $0.099 per share.  Upon request, Mr. Nord will provide the staff of the United States Securities and Exchange Commission with full information regarding the number of shares purchased at each separate price.

Carrie Dawn Nord holds the sole voting and dispositive power over 110,400 shares of the Issuer’s common stock, which represents approximately 0.03% of the Issuer’s issued and outstanding shares, based upon the 329,065,173 shares of common stock communicated as issued and outstanding as of June 4, 2014, by the Issuer directly to Ms. Nord.  On April 24, 2014, Ms. Nord purchased an aggregate of 41,000 shares in the open market for a total purchase price of $3,903.48 at prices ranging from $0.091 to $0.10 per share.  Upon request, Ms. Nord will provide the staff of the United States Securities and Exchange Commission with full information regarding the number of shares purchased at each separate price..
 

 
 
 

 
 
Larry Russell Jr. holds the sole voting and dispositive power over 70,000 shares of the Issuer’s common stock, which represents approximately 0.02% of the Issuer’s issued and outstanding shares, based upon the 329,065,173 shares of common stock communicated as issued and outstanding as of June 4, 2014, by the Issuer directly to Mr. Russell. On April 24, 2014, Mr. Russell purchased an aggregate of 50,000 shares in the open market for a total purchase price of $4,572.39 at prices ranging from $0.09 to $0.093 per share.  Upon request, Mr. Russell will provide the staff of the United States Securities and Exchange Commission with full information regarding the number of shares purchased at each separate price..

The transactions reported above represent the only transactions occurring within the past 60 days for any of the reporting persons.

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.

   
ICG USA, LLC
 
       
       
June 6, 2014
    /s/ Brian Robert Nord  
Date
 
Brian Robert Nord, Chairman and CEO
 
       
   
VENTURE CHAMPION ASIA, LTD.
 
       
       
June 6, 2014
    /s/ Brian Robert Nord  
Date
 
Brian Robert Nord, for International
 
   
Capital Group Global, Ltd.
 
       
       
June 6, 2014
    /s/ Brian Robert Nord  
Date
 
Brian Robert Nord, an individual
 
       
       
June 6, 2014
    /s/ Carrie Dawn Nord  
Date
 
Carrie Dawn Nord, an individual
 
       
       
June 6, 2014
    /s/ Larry Russell Jr.  
Date
 
Larry Russell Jr., an individual