|
DOLPHIN DIGITAL
MEDIA, INC.
|
|
|
(Name of
Issuer)
|
|
|
|
|
|
Common Stock,
par value $0.015 per share
|
|
|
(Title of Class of
Securities)
|
|
|
|
|
|
25688M206
|
|
|
(CUSIP Number)
|
|
|
|
|
|
12-29-2016
|
|
|
(Date of Event Which Requires
Filing of this Statement)
|
|
|
|
|
☐
|
Rule 13d-1(b)
|
☑
|
Rule 13d-1(c)
|
☐
|
Rule 13d-1(d)
|
1.
|
Names of Reporting
Persons.
I.R.S. Identification Nos. of above
persons (entities only).
|
||
2.
|
Check the Appropriate Box if a
Member of a Group (See Instructions)
(a)
☑
(b) ☐
|
||
3.
|
SEC Use Only
|
||
4.
|
Citizenship of Place of
Organization
Florida, United
States
|
||
Number of
Shares
Beneficially
Owned by Each
Reporting
Person
With
|
5.
|
Sole Voting
Power
1,410,000
|
|
6.
|
Shared Voting
Power
0
|
||
7.
|
Sole Dispositive
Power
1,410,000
|
||
8.
|
Shared Dispositive
Power
0
|
||
9.
|
Aggregate Amount Beneficially Owned
by each Reporting Person
BBCF 2011,LLC-600,000;
BBCD,LLC-450,000; KCF INVESTMENTS LLC-300,000; STROCAR INVESTMENTS,
LLC- 50,000; STEPHEN L PERRONE – 10,000
|
||
10.
|
Check if the Aggregate Amount in
Row (9) Excludes Certain Shares ☐
|
||
11.
|
Percent of Class Represented by
Amount in Row 9
9.8%
|
||
12.
|
Type of Reporting Person (See
Instructions)
PN &
IN
|
|
(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 associations 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)
|
☐
|
A non-U.S. institution, in
accordance with §240.13d-1(b)(1)(ii)(J);
|
|
(k)
|
☐
|
Group, in accordance with
§240.13d-1(b)(1)(ii)(K).
|
|
|
|
If filing as a non-U.S.
institution in accordance with §240.13d-1(b)(1)(ii)(J), please
specify the type of institution:
___________________________.
|
|
(i)
|
Sole power to vote or to direct the
vote
|
1,410,000
|
|
|
(ii)
|
Shared power to vote or to direct
the vote
|
0
|
|
|
(iii)
|
Sole power to dispose or to direct
the disposition of
|
1,410,000
|
|
|
(iv)
|
Shared power to dispose or to direct the disposition of
|
0
|
|
|
|
|
|
|
|
|
|
Dated:January 19,
2017
|
By:
|
/s/ Stephen L.
Perrone
|
|
|
|
Stephen L.
Perrone, individually and as Manager of All
Entities
|
|
|
|
|
|