The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM D

Notice of Exempt Offering of Securities

OMB APPROVAL
OMB Number: 3235-0076
Estimated average burden
hours per response: 4.00

1. Issuer's Identity

CIK (Filer ID Number) Previous Names
X None
Entity Type
0001722078
   Corporation
   Limited Partnership
X Limited Liability Company
   General Partnership
   Business Trust
   Other (Specify)

Name of Issuer
Santo Bay Resort Holdings, LLC
Jurisdiction of Incorporation/Organization
DELAWARE
Year of Incorporation/Organization
   Over Five Years Ago
X Within Last Five Years (Specify Year) 2017
   Yet to Be Formed

2. Principal Place of Business and Contact Information

Name of Issuer
Santo Bay Resort Holdings, LLC
Street Address 1 Street Address 2
3424 PEACHTREE ROAD SUITE 1550
City State/Province/Country ZIP/PostalCode Phone Number of Issuer
ATLANTA GEORGIA 30326 470-440-3300

3. Related Persons

Last Name First Name Middle Name
McCullough Robert M.
Street Address 1 Street Address 2
3424 Peachtree Road NE Suite 1550
City State/Province/Country ZIP/PostalCode
Atlanta GEORGIA 30326
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

Sr. Vice President and Chief Financial Officer of EcoVest Capital, Inc., managing entity
Last Name First Name Middle Name
Solon Alan N.
Street Address 1 Street Address 2
3424 Peachtree Road NE Suite 1550
City State/Province/Country ZIP/PostalCode
Atlanta GEORGIA 30326
Relationship: X Executive Officer X Director    Promoter

Clarification of Response (if Necessary):

Chairman and CEO of EcoVest Capital, Inc., managing entity
Last Name First Name Middle Name
Lloyd Adam
Street Address 1 Street Address 2
3424 Peachtree Road NE Suite 1550
City State/Province/Country ZIP/PostalCode
Atlanta GEORGIA 30326
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

Sr. Vice President and Chief Operating Officer of EcoVest Capital, Inc., managing entity
Last Name First Name Middle Name
Teal, Jr. Ralph
Street Address 1 Street Address 2
3424 Peachtree Road NE Suite 1550
City State/Province/Country ZIP/PostalCode
Atlanta GEORGIA 30326
Relationship:    Executive Officer X Director    Promoter

Clarification of Response (if Necessary):

Vice Chairman of EcoVest Capital, Inc., managing entity
Last Name First Name Middle Name
Linsider Jed C.
Street Address 1 Street Address 2
3424 Peachtree Road NE Suite 1550
City State/Province/Country ZIP/PostalCode
Atlanta GEORGIA 30326
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

Sr. Vice President, Investments of EcoVest Capital, Inc., managing entity

4. Industry Group

   Agriculture
Banking & Financial Services
   Commercial Banking
   Insurance
   Investing
   Investment Banking
   Pooled Investment Fund
Is the issuer registered as
an investment company under
the Investment Company
Act of 1940?
   Yes    No
   Other Banking & Financial Services
   Business Services
Energy
   Coal Mining
   Electric Utilities
   Energy Conservation
   Environmental Services
   Oil & Gas
   Other Energy
Health Care
   Biotechnology
   Health Insurance
   Hospitals & Physicians
   Pharmaceuticals
   Other Health Care
   Manufacturing
Real Estate
   Commercial
   Construction
   REITS & Finance
   Residential
X Other Real Estate
  
Retailing
  
Restaurants
Technology
   Computers
   Telecommunications
   Other Technology
Travel
   Airlines & Airports
   Lodging & Conventions
   Tourism & Travel Services
   Other Travel
  
Other

5. Issuer Size

Revenue Range OR Aggregate Net Asset Value Range
   No Revenues    No Aggregate Net Asset Value
   $1 - $1,000,000    $1 - $5,000,000
   $1,000,001 - $5,000,000    $5,000,001 - $25,000,000
   $5,000,001 - $25,000,000    $25,000,001 - $50,000,000
   $25,000,001 - $100,000,000    $50,000,001 - $100,000,000
   Over $100,000,000    Over $100,000,000
X Decline to Disclose    Decline to Disclose
   Not Applicable    Not Applicable

6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply)

   Rule 504(b)(1) (not (i), (ii) or (iii))
   Rule 504 (b)(1)(i)
   Rule 504 (b)(1)(ii)
   Rule 504 (b)(1)(iii)
X Rule 506(b)
   Rule 506(c)
   Securities Act Section 4(a)(5)
   Investment Company Act Section 3(c)
   Section 3(c)(1)    Section 3(c)(9)  
   Section 3(c)(2)    Section 3(c)(10)
   Section 3(c)(3)    Section 3(c)(11)
   Section 3(c)(4)    Section 3(c)(12)
   Section 3(c)(5)    Section 3(c)(13)
   Section 3(c)(6)    Section 3(c)(14)
   Section 3(c)(7)

7. Type of Filing

   New Notice Date of First Sale 2017-12-21    First Sale Yet to Occur
X Amendment

8. Duration of Offering

Does the Issuer intend this offering to last more than one year?
   Yes X No

9. Type(s) of Securities Offered (select all that apply)

X Equity    Pooled Investment Fund Interests
   Debt    Tenant-in-Common Securities
   Option, Warrant or Other Right to Acquire Another Security    Mineral Property Securities
   Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security    Other (describe)

10. Business Combination Transaction

Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer?
   Yes X No

Clarification of Response (if Necessary):

11. Minimum Investment

Minimum investment accepted from any outside investor $17,242 USD

12. Sales Compensation

Recipient
Recipient CRD Number    None
Eugene C Thompson, IV 4350479
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Capital Investment Group, Inc. 14752
Street Address 1 Street Address 2
4158 South NC 11 Highway
City State/Province/Country ZIP/Postal Code
Wallace NORTH CAROLINA 28466
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
NORTH CAROLINA

Recipient
Recipient CRD Number    None
Richard W. Gardner 2813612
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Capital Investment Group, Inc. 14752
Street Address 1 Street Address 2
3605 Glenwood Avenue Suite 220
City State/Province/Country ZIP/Postal Code
Raleigh NORTH CAROLINA 27612
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
NORTH CAROLINA

Recipient
Recipient CRD Number    None
Brett F. Ewing 2904608
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Centaurus Financial, Inc. 30833
Street Address 1 Street Address 2
2528 Barrington Circle Suite #1
City State/Province/Country ZIP/Postal Code
Tallahassee FLORIDA 32308
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
FLORIDA

Recipient
Recipient CRD Number    None
Lawrence A. Breen, III 1333876
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Centaurus Financial, Inc. 30833
Street Address 1 Street Address 2
1515 International Parkway Suite 1019
City State/Province/Country ZIP/Postal Code
Lake Mary FLORIDA 32746
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
FLORIDA

Recipient
Recipient CRD Number    None
Robert L. Omohundro 2415942
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Centaurus Financial, Inc. 30833
Street Address 1 Street Address 2
9040 Roswell Road Suite 350
City State/Province/Country ZIP/Postal Code
Atlanta GEORGIA 30350
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
GEORGIA

Recipient
Recipient CRD Number    None
Dustin W. Terry 5487877
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Center Street Securities, Inc. 26898
Street Address 1 Street Address 2
495 Grand Boulevard Suite 206
City State/Province/Country ZIP/Postal Code
Miramar Beach FLORIDA 32550
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
FLORIDA

Recipient
Recipient CRD Number    None
Sean J. Kelly 2294170
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Center Street Securities, Inc. 26898
Street Address 1 Street Address 2
3535 Roswell Road Suite 1
City State/Province/Country ZIP/Postal Code
Marietta GEORGIA 30062
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
ARKANSAS
GEORGIA

Recipient
Recipient CRD Number    None
DFPG Investments, Inc. 155576
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
9017 S. Riverside Drive Suite 210
City State/Province/Country ZIP/Postal Code
Sandy UTAH 84070
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
FLORIDA
SOUTH CAROLINA
TEXAS
UTAH

Recipient
Recipient CRD Number    None
Jay S. Salamone 3240435
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
G. A. Repple & Company 17486
Street Address 1 Street Address 2
101 Normandy Road
City State/Province/Country ZIP/Postal Code
Casselberry FLORIDA 32707
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
FLORIDA
GEORGIA
TENNESSEE

Recipient
Recipient CRD Number    None
Mark S. Vanmourick 867435
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Gramercy Securities, Inc. 8177
Street Address 1 Street Address 2
24901 Dana Point Harbor Drive Suite 200
City State/Province/Country ZIP/Postal Code
Dana Point CALIFORNIA 92629
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
WYOMING

Recipient
Recipient CRD Number    None
Kalos Capital, Inc. 44337
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
11525 Park Woods Circle Suite 280
City State/Province/Country ZIP/Postal Code
Alpharetta GEORGIA 30005
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
ALABAMA
ARIZONA
CALIFORNIA
COLORADO
FLORIDA
GEORGIA
IDAHO
KANSAS
MISSOURI
OHIO
OKLAHOMA
TEXAS
VIRGINIA

Recipient
Recipient CRD Number    None
Guy A. Harrigan 1817525
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Lion Street Financial, LLC 165828
Street Address 1 Street Address 2
4999 Pearl East Circle Suite 100
City State/Province/Country ZIP/Postal Code
Boulder COLORADO 80301
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
ARKANSAS
COLORADO
SOUTH DAKOTA

Recipient
Recipient CRD Number    None
James B. Teegarden 2812366
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Lion Street Financial, LLC 165828
Street Address 1 Street Address 2
4999 Pearl East Circle Suite 100
City State/Province/Country ZIP/Postal Code
Boulder COLORADO 80301
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
COLORADO

Recipient
Recipient CRD Number    None
Darren W. Oglesby 2480135
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Money Concepts Capital Corp 12963
Street Address 1 Street Address 2
2443 Tower Drive
City State/Province/Country ZIP/Postal Code
Monroe LOUISIANA 71201
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
LOUISIANA

Recipient
Recipient CRD Number    None
The Strategic Financial Alliance, Inc. 126514
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
2200 Century Parkway Suite 500
City State/Province/Country ZIP/Postal Code
Atlanta GEORGIA 30345
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
COLORADO
GEORGIA
MASSACHUSETTS
NEW YORK
NORTH CAROLINA
SOUTH CAROLINA
SOUTH DAKOTA

Recipient
Recipient CRD Number    None
Triloma Securities, LLC 173059
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
201 North New York Avenue Suite 200
City State/Province/Country ZIP/Postal Code
Winter Park FLORIDA 32789
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
ALABAMA
ARIZONA
ARKANSAS
CALIFORNIA
COLORADO
FLORIDA
GEORGIA
IDAHO
KANSAS
LOUISIANA
MASSACHUSETTS
MISSOURI
NEW YORK
NORTH CAROLINA
OHIO
OKLAHOMA
SOUTH CAROLINA
SOUTH DAKOTA
TENNESSEE
TEXAS
UTAH
VIRGINIA
WYOMING

Recipient
Recipient CRD Number    None
Adam P. Bell 5585025
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
International Assets Advisory, LLC 10645
Street Address 1 Street Address 2
9812 Millwood Circle
City State/Province/Country ZIP/Postal Code
Daphne ALABAMA 36527
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
ALABAMA

Recipient
Recipient CRD Number    None
Damian M. Bell 2348521
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
International Assets Advisory, LLC 10645
Street Address 1 Street Address 2
9812 Millwood Circle
City State/Province/Country ZIP/Postal Code
Daphne ALABAMA 36527
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
ALABAMA

Recipient
Recipient CRD Number    None
Jason H. Freeman 2995587
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
International Assets Advisory, LLC 10645
Street Address 1 Street Address 2
8 Pelham Road
City State/Province/Country ZIP/Postal Code
Greenville SOUTH CAROLINA 29615
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
SOUTH CAROLINA

13. Offering and Sales Amounts

Total Offering Amount $17,396,638 USD
or    Indefinite
Total Amount Sold $17,396,638 USD
Total Remaining to be Sold $0 USD
or    Indefinite

Clarification of Response (if Necessary):

14. Investors

  
Select if securities in the offering have been or may be sold to persons who do not qualify as accredited investors, and enter the number of such non-accredited investors who already have invested in the offering.
Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already have invested in the offering:
183

15. Sales Commissions & Finder's Fees Expenses

Provide separately the amounts of sales commissions and finders fees expenses, if any. If the amount of an expenditure is not known, provide an estimate and check the box next to the amount.

Sales Commissions $1,978,774 USD
   Estimate
Finders' Fees $0 USD
   Estimate

Clarification of Response (if Necessary):

16. Use of Proceeds

Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.

$0 USD
   Estimate

Clarification of Response (if Necessary):

Signature and Submission

Please verify the information you have entered and review the Terms of Submission below before signing and clicking SUBMIT below to file this notice.

Terms of Submission

In submitting this notice, each issuer named above is:
  • Notifying the SEC and/or each State in which this notice is filed of the offering of securities described and undertaking to furnish them, upon written request, in the accordance with applicable law, the information furnished to offerees.*
  • Irrevocably appointing each of the Secretary of the SEC and, the Securities Administrator or other legally designated officer of the State in which the issuer maintains its principal place of business and any State in which this notice is filed, as its agents for service of process, and agreeing that these persons may accept service on its behalf, of any notice, process or pleading, and further agreeing that such service may be made by registered or certified mail, in any Federal or state action, administrative proceeding, or arbitration brought against the issuer in any place subject to the jurisdiction of the United States, if the action, proceeding or arbitration (a) arises out of any activity in connection with the offering of securities that is the subject of this notice, and (b) is founded, directly or indirectly, upon the provisions of:  (i) the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture Act of 1939, the Investment Company Act of 1940, or the Investment Advisers Act of 1940, or any rule or regulation under any of these statutes, or (ii) the laws of the State in which the issuer maintains its principal place of business or any State in which this notice is filed.
  • Certifying that, if the issuer is claiming a Regulation D exemption for the offering, the issuer is not disqualified from relying on Rule 504 or Rule 506 for one of the reasons stated in Rule 504(b)(3) or Rule 506(d).

Each Issuer identified above has read this notice, knows the contents to be true, and has duly caused this notice to be signed on its behalf by the undersigned duly authorized person.

For signature, type in the signer's name or other letters or characters adopted or authorized as the signer's signature.

Issuer Signature Name of Signer Title Date
Santo Bay Resort Holdings, LLC /s/Robert M. McCullough Robert M. McCullough Sr. VP & CFO of EcoVest Capital, Inc., managing entity 2018-01-02

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

* This undertaking does not affect any limits Section 102(a) of the National Securities Markets Improvement Act of 1996 ("NSMIA") [Pub. L. No. 104-290, 110 Stat. 3416 (Oct. 11, 1996)] imposes on the ability of States to require information. As a result, if the securities that are the subject of this Form D are "covered securities" for purposes of NSMIA, whether in all instances or due to the nature of the offering that is the subject of this Form D, States cannot routinely require offering materials under this undertaking or otherwise and can require offering materials only to the extent NSMIA permits them to do so under NSMIA's preservation of their anti-fraud authority.