0000000000-20-010219.txt : 20201215 0000000000-20-010219.hdr.sgml : 20201215 20201028165737 ACCESSION NUMBER: 0000000000-20-010219 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20201028 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: AmpliTech Group, Inc. CENTRAL INDEX KEY: 0001518461 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669] IRS NUMBER: 274566352 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 620 JOHNSON AVENUE CITY: BOHEMIA STATE: NY ZIP: 11716 BUSINESS PHONE: 631-521-7831 MAIL ADDRESS: STREET 1: 620 JOHNSON AVENUE CITY: BOHEMIA STATE: NY ZIP: 11716 FORMER COMPANY: FORMER CONFORMED NAME: BAYVIEW ACQUISITION CORP DATE OF NAME CHANGE: 20110418 LETTER 1 filename1.pdf begin 644 filename1 M)5!$1BTQ+C4*)>+CS],*,2 P(&]B:@H\/"]4>7!E+UA/8FIE8W0O0V]L;W)3 M<&%C92]$979I8V5',Z%$;3 BU,"VEA6J % M6J %6J %6J %6J %6O ]*WOEK(,D*\X#9H:[]P]6<&19EAU+^GP>RR(B(B(B M(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B+_-A\?'^_O[V]O;Z^OKR\' MGI^?GP[$AY="%(AB43AV^=.M%A$1$1$1$9$?2,H4S\_/CX^/]_?WOP[<'=E- MR6+L]?OW[ZCAZ>GI]?5504-$1$1$1$1$+N;M[>WIZ>GAX6&_WS<"Q:]?O^[O M[^.KQW.(\K]__VZJBLJ1,EY>7M0Q1$1$1$1$1&3"Q\<'QA6_?__&K *98K_? 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Preliminary Information Statement on Schedule 14C Filed October 14, 2020 File No. 0-54355 Dear Mr. Maqbool: We have reviewed your filing and have the following comments. In our comments we may ask you to provide us information so that we may better understand your disclosure. Please respond to these comments within 10 business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe that our comments apply to your facts and circumstances, please tell us why in your response. After reviewing your response to these comments, we may have additional comments. Preliminary Information Statement on Schedule 14C filed October 14, 2020 General Information, page 2 1. Disclosure indicates that the company received written consents in lieu of a meeting from the majority stockholders of 74% of the voting securities of the total issued and outstanding shares of voting stock of the company. Given disclosure on page 20 that Mr. Fawad Maqbool, chairman, president, and chief executive officer, is the beneficial owner of 11,780,280 shares of common stock representing 22.8% of the voting securities and is the holder of 1,000 shares of Series A convertible preferred stock representing 51% of the voting securities, it appears that Mr. Maqbool is the majority stockholder of 73.8% or 74% when rounded of the voting securities of the total issued and outstanding shares of voting stock of the company. Please revise. Action II, The Amended Articles Authorized Shares, page 8 2. Given disclosure that the main purpose of the amended and restated articles of Fawad Maqbool FirstName Amplitech LastNameFawad Maqbool Group Inc. Comapany October 28,NameAmplitech 2020 Group Inc. October Page 2 28, 2020 Page 2 FirstName LastName incorporation is to attract investors through the issuance of securities in a planned underwritten public offering, provide the disclosure required by Item 11 of Schedule 14A. See Item 1 of Schedule 14C. Action III The Amended Bylaws, page 10 3. If the company's amended bylaws attached as Exhibit B amend any provisions in the company's current bylaws, identify and include a version of any amended provisions in the information statement. Alternatively, if the sole purpose of the company's amended bylaws attached as Exhibit B is to restate clearly the company's current bylaws, so indicate. Exhibit B Amended and Restated Bylaws Article IX, Section 9.2 Forum for Adjudication of Disputes, page 31 4. Disclosure indicates that the Eighth Judicial District Court of Clark County, Nevada will be the sole and exclusive forum for the adjudication of disputes. Revise the disclosure in the information statement to make clear whether the provision applies to actions arising under the Securities Act or the Exchange Act. We note that Section 27 of the Exchange Act creates exclusive federal jurisdiction over all suits brought to enforce any duty or liability created by the Exchange Act or its rules and regulations and Section 22 of the Securities Act creates concurrent jurisdiction for federal and state courts over all suits brought to enforce any duty or provision created by the Securities Act or its rules and regulations. If the provision applies to Securities Act claims, revise the disclosure in the information statement to state that there is uncertainty on whether a court would enforce the provision and that investors cannot waive compliance with the federal securities laws and their rules and regulations. If the provision does not apply to actions arising under the Securities Act or the Exchange Act, ensure that the provision in the amended and restated bylaws states this clearly. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action, or absence of action by the staff. Please contact Edward M. Kelly, Senior Counsel, at (202) 551-3728 or Jay E. Ingram, Legal Branch Chief, at (202) 551-3397 with any other questions. Sincerely, Fawad Maqbool Amplitech Group Inc. October 28, 2020 Page 3 FirstName LastNameFawad Maqbool Division of Corporation Finance Comapany NameAmplitech Group Inc. Office of Manufacturing October 28, 2020 Page 3 cc: Gregory Sichenzia, Esq. FirstName LastName