0001493152-17-011883.txt : 20171020 0001493152-17-011883.hdr.sgml : 20171020 20171020163355 ACCESSION NUMBER: 0001493152-17-011883 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20171020 DATE AS OF CHANGE: 20171020 GROUP MEMBERS: DUNHILL DISTRIBUTION GROUP, INC. GROUP MEMBERS: GOWAN CAPITAL INC. GROUP MEMBERS: GOWAN PRIVATE EQUITY INC. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Synergy CHC Corp. CENTRAL INDEX KEY: 0001562733 STANDARD INDUSTRIAL CLASSIFICATION: MEDICINAL CHEMICALS & BOTANICAL PRODUCTS [2833] IRS NUMBER: 990379440 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-88542 FILM NUMBER: 171147319 BUSINESS ADDRESS: STREET 1: 865 SPRING STREET CITY: WESTBROOK STATE: ME ZIP: 04092 BUSINESS PHONE: 615-939-9004 MAIL ADDRESS: STREET 1: 865 SPRING STREET CITY: WESTBROOK STATE: ME ZIP: 04092 FORMER COMPANY: FORMER CONFORMED NAME: Synergy Strips Corp. DATE OF NAME CHANGE: 20140429 FORMER COMPANY: FORMER CONFORMED NAME: Oro Capital Corporation, Inc. DATE OF NAME CHANGE: 20121121 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Ross Jack CENTRAL INDEX KEY: 0001626921 FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: 3435 OCEAN PARK BLVD. #107 CITY: SANTA MONICA STATE: CA ZIP: 90405 SC 13D/A 1 sc13da.htm

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

SCHEDULE 13D

 

Under the Securities Exchange Act of 1934

 

(Amendment No. 1)

 

 

 

SYNERGY CHC CORP.

(Name of Issuer)

 

 

Common Stock, $0.00001 par value

(Title of Class of Securities)

 

87165D 109

(CUSIP Number)

 

Gowan Private Equity Inc.

Dunhill Distribution Group, Inc.

Gowan Capital Inc.

Jack Ross

275 Canterbury Lane

Fall River, Nova Scotia B2T 1A4

(902) 237-1220

 

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

August 9, 2017

(Date of Event which Requires Filing of this Statement)

 

If the filing person has previously filed a statement on Schedule l3G 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. [  ]

 

 

 

 
 

 

CUSIP No. 87165D 109
Page 2 of 7

 

1. Name of Reporting Person
   
  Gowan Private Equity Inc.
   
2. Check the Appropriate Box if a Member of a Group
   
  a) [X]
  b) [  ]
   
3. SEC Use Only
   
   
4. Source of Funds (See Instructions)
   
  WC
   
5. Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)
   
  Not Applicable
   
6. Citizenship or Place of Organization
   
  Fall River, Nova Scotia

     
  7. Sole Voting Power
     
Number of   43,780,750
Shares    
Beneficially 8. Shared Voting Power
Owned By    
Each Reporting   48,389,399(1)
Person with    
  9. Sole Dispositive Power
     
    43,780,750
     
  10. Shared Dispositive Power
     
    48,389,399(1)

 

11. Aggregate Amount Beneficially Owned by Each Reporting Person
   
  48,389,399(1)

 

12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
   
  Not Applicable
   
13. Percent of Class Represented by Amount in Row (11)
   
  53.6%(2)
   
14. Type of Reporting Person
   
  CO
     

 

 

(1) Includes 1,000,000 shares of Common Stock, par value $0.00001 per share (the “Common Stock”) of Synergy CHC Corp. (the “Issuer”) subject to options held by Kenek Brands, Inc., which is wholly-owned by Mr. Ross, that are exercisable within 60 days of October 20, 2017.

 

(2) The calculation is based on 89,237,683 shares of Common Stock of the Issuer outstanding as of August 10, 2017, according to information set forth in the Issuer‘s Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2017 (“Form 10-Q”), filed with the U.S. Securities and Exchange Commission (the “SEC”) on August 14, 2017.

 

 
 

 

CUSIP No. 87165D 109
Page 3 of 7

 

1. Name of Reporting Person
   
  Dunhill Distribution Group, Inc.
   
2. Check the Appropriate Box if a Member of a Group
   
  a) [X]
  b) [  ]
   
3. SEC Use Only
   
   
4. Source of Funds (See Instructions)
   
  WC
   
5. Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)
   
  Not Applicable
   
6. Citizenship or Place of Organization
   
  Fall River, Nova Scotia

     
  7. Sole Voting Power
     
Number of   3,208,649
Shares    
Beneficially 8. Shared Voting Power
Owned By    
Each Reporting   48,389,399(1)
Person with    
  9. Sole Dispositive Power
     
    3,208,649
     
  10. Shared Dispositive Power
     
    48,389,399(1)
     

11. Aggregate Amount Beneficially Owned by Each Reporting Person
   
  48,389,399(1)
   
12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
   
 

Not Applicable

 
13. Percent of Class Represented by Amount in Row (11)
   
  53.6%(2)
   
14. Type of Reporting Person
   
  CO

 

 
 

 

CUSIP No. 87165D 109
Page 4 of 7

 

1. Name of Reporting Person
   
  Gowan Capital Inc.
   
2. Check the Appropriate Box if a Member of a Group
   
  a) [X]
  b) [  ]
   
3. SEC Use Only
   
   
4. Source of Funds (See Instructions)
   
  WC
   
5. Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)
   
  Not Applicable
   
6. Citizenship or Place of Organization
   
  Fall River, Nova Scotia

     
  7. Sole Voting Power
     
Number of   400,000
Shares    
Beneficially 8. Shared Voting Power
Owned By    
Each Reporting   48,389,399(1)
Person with    
  9. Sole Dispositive Power
     
    400,000
     
  10. Shared Dispositive Power
     
    48,389,399(1)
     

11. Aggregate Amount Beneficially Owned by Each Reporting Person
   
  48,389,399(1)
   
12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
   
  Not Applicable

 

13. Percent of Class Represented by Amount in Row (11)
   
  53.6%(2)
   
14. Type of Reporting Person
   
  CO

 

 
 

 

CUSIP No. 87165D 109
Page 5 of 7

 

1. Name of Reporting Person
   
  Jack Ross
   
2. Check the Appropriate Box if a Member of a Group
   
  a) [X]
  b) [  ]
   
3. SEC Use Only
   
   
4. Source of Funds (See Instructions)
   
  Not Applicable
   
5. Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)
   
  Not Applicable
   
6. Citizenship or Place of Organization
   
  Canada

     
  7. Sole Voting Power
     
Number of   57,111,443(1) (3)
Shares    
Beneficially 8. Shared Voting Power
Owned By    
Each Reporting   0
Person with    
  9. Sole Dispositive Power
     
    48,389,399(1)
     
  10. Shared Dispositive Power
     
    0
     

11. Aggregate Amount Beneficially Owned by Each Reporting Person
   
  57,111,443(3)
   
12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
   
  Not Applicable
   
13. Percent of Class Represented by Amount in Row (11)
   
  63.3%(2)
   
14. Type of Reporting Person
   
  IN

 

 

 

(3) On August 9, 2017, pursuant to an Irrevocable Proxy to Vote Stock of Synergy CHC Corp. (the “Proxy”), Knight Therapeutics (Barbados) Inc. (“Knight”) appointed Mr. Ross proxy with respect to that number of shares of the Issuer’s Common Stock owned by Knight in excess of 10% of the outstanding number of voting shares of the Issuer at such time. As reported in the Issuer’s Form 10-Q, 89,237,683 voting shares of the Issuer were outstanding as of August 10, 2017. Accordingly, as of the date hereof, Mr. Ross has sole voting power over 8,722,044 shares of the Issuer’s voting shares owned by Knight, which such shares are included in this Item.

 

 
 

 

CUSIP No. 87165D 109
Page 6 of 7

 

This Amendment No. 1 on Schedule 13D (“Amended Schedule 13D”) amends the statement on Schedule 13D, dated April 19, 2015 (“Original Schedule 13D”) relating to the Common Stock of the Issuer filed by:

 

Gowan Private Equity Inc. (“Gowan PE”);

Dunhill Distribution Group, Inc. (“Dunhill”);

Gowan Capital Inc. (“Gowan Cap”); and

Jack Ross

 

(collectively, the “Reporting Persons”). Except as expressly amended below, the Original Schedule 13D remains in effect.

 

Item 3. Source and Amount of Funds or Other Consideration

 

The information for Item 3 provided in the Original Schedule 13D is amended to report that Gowan PE, Dunhill and Gowan Cap beneficially own an aggregate of 48,389,399 shares of the Issuer’s Common Stock and Mr. Ross beneficially owns an aggregate of 57,111,443 shares of the Issuer’s Common Stock

 

Item 4. Purpose of Transaction

 

The information for Item 4 provided in the Original Schedule 13D is hereby amended to add that voting power with respect to 8,722,044 shares beneficially owned by Knight has been appointed to Mr. Ross in accordance with the Proxy.

 

Item 5. Interest in Securities of the Issuer

 

  (a) See rows (11) and (13) of the cover pages to the Amended Schedule 13D for the aggregate number of shares and percentages of the shares beneficially owned by each of the Reporting Persons.

 

  (b) See rows (7) through (10) of the cover pages to the Amended Schedule 13D for the number of shares as to which each Reporting Person has the sole or shared power to vote or direct the vote and sole or shared power to dispose or to direct the disposition.

 

  (c) None.

 

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

 

On August 9, 2017, pursuant to the Proxy, Knight appointed Mr. Ross as proxy with respect to that number of shares of the Issuer’s common stock owned by Knight in excess of 10% of the outstanding number of voting shares of the Issuer at such time. As reported in the Issuer’s Form 10-Q, 89,237,683 voting shares of the Issuer were outstanding as of August 10, 2017. Accordingly, as of the date hereof, Mr. Ross has sole voting power over 8,722,044 shares of the Issuer’s voting shares owned by Knight. The Proxy remains in effect until February 9, 2018 and will automatically renew for additional six month terms unless and until Knight gives no less than ten days prior written notice of termination after February 9, 2018.

 

Item 7. Material to be Filed as Exhibits
   
  Exhibit 7.01. Joint Filing Agreement.
   
  Exhibit 7.02. Irrevocable Proxy to Vote Stock of Synergy CHC Corp. dated August 9, 2017.

 

 
 

 


CUSIP No. 87165D 109
Page 7 of 7
 

 

SIGNATURES

 

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: October 20, 2017 GOWAN PRIVATE EQUITY INC.
   
  By: /s/ Jack Ross
  Name: Jack Ross
  Title: CEO and President

 

  DUNHILL DISTRIBUTION GROUP, INC.
   
  By: /s/ Jack Ross
  Name: Jack Ross
  Title: CEO and President

 

  GOWAN CAPITAL INC.
   
  By: /s/ Jack Ross
  Name: Jack Ross
  Title: CEO and President

 

  JACK ROSS
   
  By: /s/ Jack Ross
  Name: Jack Ross

 

 
 

 

 

EX-7.01 2 ex7-01.htm

 

EXHIBIT 7.01

 

JOINT FILING AGREEMENT
PURSUANT TO RULE 13d-1(k)

 

The undersigned acknowledge and agree that the foregoing statement on Amendment No. 1 to Schedule 13D is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Amendment No. 1 to Schedule 13D shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained herein and therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

 

Dated: October 20, 2017 GOWAN PRIVATE EQUITY INC.
   
  By: /s/ Jack Ross
  Name: Jack Ross
  Title: CEO and President

 

  DUNHILL DISTRIBUTION GROUP, INC.
   
  By: /s/ Jack Ross
  Name: Jack Ross
  Title: CEO and President

 

  GOWAN CAPITAL INC.
   
  By: /s/ Jack Ross
  Name: Jack Ross
  Title: CEO and President

 

  JACK ROSS
   
  By: /s/ Jack Ross
  Name: Jack Ross

 

 
 
EX-7.02 3 ex7-02.htm

 

EXHIBIT 7.02

 

IRREVOCABLE PROXY

 

TO VOTE STOCK OF

 

SYNERGY CHC CORP.

 

The undersigned KNIGHT THERAPEUTICS (BARBADOS) INC. (“Knight”), a stockholder of SYNERGY CHC CORP., a Nevada corporation (the “Company”), hereby irrevocably (to the fullest extent permitted by applicable law) appoints Jack Ross (the “Proxy”), as the sole and exclusive proxy of the undersigned (to the exclusion of the undersigned), with full power of substitution and resubstitution, to vote and exercise all voting and related rights (to the fullest extent that the undersigned is entitled to do so) with respect to the Proxy Shares (as hereinafter defined) in accordance with the term of this Irrevocable Proxy.

 

For purposes hereof:

 

Proxy Shares” means such number of Shares held by Knight from time to time in excess of 10% of the outstanding number of Voting Shares of the Company at such time.

 

Shares” means all of the Voting Shares of the Company that now are or hereafter may be owned by Knight, whether beneficially (as indicated by Knight in its filings on Form 13D or 13G, or its reporting pursuant to Section 16 of the Securities Exchange Act of 1934) or of record, including without limitation any such Voting Shares as to which Knight has a proxy from the record or beneficial owner thereof, and any and all other Voting Shares of the Company issued or issuable in respect of any of the foregoing on or after the date hereof.

 

Voting Shares” means those issued and outstanding shares or other securities of the Company that have a voting right attached thereto, provided that if a share or other security of the Company is granted a voting right solely upon the occurrence of a particular event or circumstance, then such share or security shall be a Voting Share only upon such event or circumstance arising and for so long as such voting right continues.

 

Upon execution of this Irrevocable Proxy by Knight, any and all prior proxies given by such undersigned stockholder with respect to any Shares are hereby revoked and terminated including, for certainty, the Irrevocable Proxy granted by Knight to the Proxy on December 22, 2017. The undersigned agrees not to grant any subsequent proxies with respect to the Shares until after the Expiration Date (as defined below).

 

This Irrevocable Proxy is irrevocable (to the fullest extent provided by applicable law ), is coupled with an interest, which the undersigned hereby acknowledges, and is granted in consideration of the ongoing commercial arrangements as between Knight and its affiliates and the Proxy and his affiliates.

 

1
 

 

This Irrevocable Proxy shall commence on the date hereof and shall continue in full force and effect for an initial term of six (6) months (the “Initial Term”) and thereafter will automatically be renewed for additional six month terms (each, an “Additional Period”), unless and until Knight gives no less than ten (10) days prior written notice of termination at end of the Initial Term or any Additional Period (the “Written Notice of Termination”). Notwithstanding the preceding sentence, this Irrevocable Proxy shall terminate and be of no force and effect immediately and without further action on the date upon which the aggregate number of Shares held by the undersigned is less than 10% of the aggregate number of the Voting Shares of the Company (the “Automatic Termination Date”). As used herein, the term “Expiration Date” shall mean the earlier of (i) the effective date of the termination of this Irrevocable Proxy as specified in the Written Notice of Termination and (ii) the Automatic Termination Date.

 

The Proxy named above is hereby authorized and empowered by the undersigned, at any time prior to the Expiration Date, to act as the undersigned’s proxy to vote the Proxy Shares, and to exercise all voting rights of the undersigned (to the exclusion of the undersigned) with respect to the Proxy Shares, and to execute and deliver written consents pursuant to applicable law, at any annual, special or adjourned meeting of the stockholders of the Company and in any written consent in lieu of such meeting (regardless of whether such consent is unanimous and regardless of who, if anyone, calls for such meeting). Upon each such instance, the parties shall determine the precise number of Proxy Shares at such time having regard to the Shares then held by the undersigned and the aggregate Voting Shares of the Company then issued and outstanding.

 

All authority herein conferred shall survive (as applicable) the dissolution, liquidation, cancellation, termination, or insolvency of the undersigned and any obligation of the undersigned hereunder shall be binding upon the successors and assigns of the undersigned.

 

Knight acknowledges that irreparable damage would result if this Irrevocable Proxy is not specifically enforced and that, therefore, the rights and obligations of Proxy may be enforced by a decree of specific performance issued by a court of competent jurisdiction, and appropriate injunctive relief may be applied for and granted in connection therewith. Such remedies shall, however, not be exclusive and shall be in addition to any other remedies which Proxy may otherwise have available.

 

Without limiting the generality of the foregoing, this Proxy is executed and intended to be irrevocable in accordance with the provisions of Section 78.355 of the Nevada General Corporation Law.

 

To the maximum extent permitted under applicable law, a pdf, facsimile or other version of this Irrevocable Proxy that can be reduced to hard copy, delivered through any medium, shall have the same force and effect as a duly executed original version of this Irrevocable Proxy.

 

[Signature Page Follows]

 

2
 

 

IN WITNESS WHEREOF, the undersigned has duly executed this Irrevocable Proxy as of August 9, 2017. This Irrevocable Proxy is coupled with an interest as foresaid and is irrevocable.

 

  KNIGHT THERAPEUTICS (BARBADOS) INC.
     
  /s/ Michel Loustric
  Name: Michel Loustric
     
  Accepted and Agreed
   
   
  Name: Jack Ross

 

3
 

 

IN WITNESS WHEREOF, the undersigned has duly executed this Irrevocable Proxy as of August 9, 2017. This Irrevocable Proxy is coupled with an interest as foresaid and is irrevocable.

 

  KNIGHT THERAPEUTICS (BARBADOS) INC.
   
   
  Name: Michel Loustric
     
  Accepted and Agreed
     
  /s/ Jack Ross
  Name: Jack Ross

 

3