SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Amendment No. 1)
Under the Securities Exchange Act of 1934
JAYHAWK ENERGY, INC.
(Name of Issuer)
Common Stock, $.001 par value
(Title of Class of Securities)
472100106
(CUSIP Number)
c/o Shawn Smart
387 River Cir.
Alpine, UT 84004
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
September 20, 2016
(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 Rule 13d-7 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).
CUSIP No. 472100106
|
1
|
NAMES OF REPORTING PERSONS
Smart Oil, LLC | |
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b)
| |
3 |
SEC USE ONLY | |
4
|
SOURCE OF FUNDS OO | |
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) | |
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
State of Utah, United States of America | |
|
7 |
SOLE VOTING POWER 39,583,263 |
|
8 |
SHARED VOTING POWER 0 |
|
9 |
SOLE DISPOSITIVE POWER 39,583,263 |
|
10 |
SHARED DISPOSITIVE POWER 0 |
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 64,166,681 (1)(2) (1) 23,583,418 of the shares beneficially owned are in the form of warrants that unavailable for exercise until such time as the Issuer increases its authorized capital, because the Issuer has insufficient authorized capital to honor an exercise of said warrants. (2) 1,000,000 of the shares beneficially owned are in the form of a convertible note that cannot be converted until such time as the Issuer increases its authorized capital, because the Issuer currently has insufficient authorized capital to honor the conversion of said convertible note. | |
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[X] ( See Footnote 1 & 2 in Box 11) | |
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
32.10% (1) Based on 199,875,629 shares of Issuer's Common Stock issued and outstanding as of February 19, 2016 as reported on the Issuer's Form 10-K/A filed on 2/22/2016. | |
14 |
TYPE OF REPORTING PERSON OO | |
CUSIP No. 472100106
1
|
NAMES OF REPORTING PERSONS
Shawn Smart | |
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b)
| |
3 |
SEC USE ONLY | |
4
|
SOURCE OF FUNDS OO | |
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) | |
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America | |
|
7 |
SOLE VOTING POWER 0 |
|
8 |
SHARED VOTING POWER 39,583,263 |
|
9 |
SOLE DISPOSITIVE POWER 0 |
|
10 |
SHARED DISPOSITIVE POWER 39,583,263 |
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 64,166,681 (1)(2) (1) 23,583,418 of the shares beneficially owned are in the form of warrants that unavailable for exercise until such time as the Issuer increases its authorized capital, because the Issuer has insufficient authorized capital to honor an exercise of said warrants. (2) 1,000,000 of the shares beneficially owned are in the form of a convertible note that cannot be converted until such time as the Issuer increases its authorized capital, because the Issuer currently has insufficient authorized capital to honor the conversion of said convertible note. | |
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [X] ( See Footnote 1 & 2 in Box 11) | |
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
32.10% (1) Based on 199,875,629 shares of Issuer's Common Stock issued and outstanding as of February 19, 2016 as reported on the Issuer's Form 10-K/A filed on 2/22/2016. | |
14
|
TYPE OF REPORTING PERSON IN | |
This Amendment No. 1 (this "Amendment No. 1") amends the statement on Schedule 13D filed on September 29, 2016 (the "Original Schedule 13D", with respect to the shares (the "Shares"), of JayHawk Energy, Inc., a Nevada Corporation (the "Issuer"). Capitalized terms used herein and not otherwise defined in this Amendment No. 1 shall have the meanings set forth in the Original Schedule 13D.
Item 5. Interest in Securities of the Issuer.
(a) The information requested by this paragraph is incorporated herein by reference to the information provided on the cover pages to this Schedule 13D.
(b) The information requested by this paragraph is incorporated herein by reference to the information provided on the cover pages to this Schedule 13D.
(c) Except as disclosed herein, none of the Reporting Persons or their affiliates has effected any other transactions in the securities of the Issuer during the past 60 days.
(d) Not applicable.
Item 7. Material to be Filed as Exhibits.
Exhibit A – Joint Filing Agreement (filed herewith)
Exhibit B - Revised Form of Irrevocable Stock Power (filed herewith).
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief, it is certified that the information set forth in this statement is true, complete and correct.
Dated: December 28, 2016
/s/ Shawn Smart
__________________________
Smart Oil, LLC
By: Shawn Smart
Its: Manager/Member
/s/ Shawn Smart
__________________________
Shawn Smart, Individually
JOINT FILING AGREEMENT
The undersigned hereby agree that the statement on Schedule 13D, Amendment No. 1, to which this Agreement is annexed as Exhibit A, and any amendments thereto, is and will be filed on behalf of each of them in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.
Dated: December 28, 2016
| SMART OIL, LLC
| |
| By: | /s/ Shawn Smart |
|
| Name: Shawn Smart Title: Managing Member |
| SHAWN SMART
| |
| By: | /s/ Shawn Smart |
|
| Name: Shawn Smart, Individually |
IRREVOCABLE STOCK POWER
FOR VALUE RECEIVED, the below signed limited liability company hereby sells, assigns and transfers Thirty-Nine Million Five-Hundred Eighty-Three Thousand Two-Hundred Sixty-Three (39,583,263) common shares of JayHawk Energy, Inc. (the “Company”) to Smart Oil, LLC and does hereby irrevocably constitute and appoint, the Company's transfer agent, Corporate Stock Transfer, Inc. its attorney to transfer the said common shares on the books of the Company with full power of substitution in the premises.
VAST EXPLORATION, LLC
/s/ Scott Mahoney
___________________________________
By: Scott Mahoney
Its: Manager & CEO
In the presence of _________________________
Medallion Guarantee Stamp
Notice: The signature to this assignment must correspond with the name as written upon the face of the certificate in every particular without alteration or enlargement or any change whatsoever.