Sec Form 13D Filing - KROLL JERRY filing for ELECTRAMECCANICA VES (SOLO) - 2020-09-18

Consists of the following securities: (i) 3,612,500 common shares held directly; (ii) 4,266,468 common shares held indirectly through Ascend Sportmanagement Inc.; (iii) 3,532,728 stock options, of which 2,045,455 are exercisable at a price of CDN$0.30 per common share until June 11, 2022, 227,273 are exercisable at a price of CDN$0.80 per common share until December 9, 2022, 5,000 are exercisable at a price of CDN$2.00 per common share until February 17, 2024, 5,000 are exercisable at a price of $9.60 per common share until January 5, 2025, and 1,250,000 are exercisable at $2.45 per common share until August 4, 2026; and (iv) 62,500 warrants exercisable at a price of CDN$2.00 per common share until January 22, 2021.  Jerry Kroll has the sole power to vote or direct the vote, and to dispose or direct the disposition, of these securities.

This Schedule 13D is being filed on behalf of Jerry Kroll (“Kroll”) and Ascend Sportmanagement Inc. (“Ascend” and, together with Kroll, collectively, the “Reporting Persons”) relating to the common shares of Electrameccanica Vehicle Corp., a corporation existing under the laws of the Province of British Columbia (the “Issuer”).

Item 1.  Security and Issuer

This Statement relates to the common shares (the “Shares”) of the Issuer.  The principal executive offices of the Issuer are located at 102 East 1^st Avenue, Vancouver, BC  V5T 1A4.

Item 2.  Identity and Background

This Statement is filed by the Reporting Persons.

Kroll, a director of the Issuer, has a residence address at Suite 1102 - 328 East 11^th Avenue, Vancouver, BC  V5T 2T6 and is a citizen of Canada.

Ascend, a corporation existing under the laws of British Columbia, Canada, is a company that prov ides international sports marketing and management services.  Ascend’s business address is Suite 1102 - 328 East 11^th Avenue, Vancouver, BC  V5T 2T6.

None of the Reporting Persons nor any of their directors or executive officers has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).

None of the Reporting Persons nor any of their directors or executive officers has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

Pursuant to Rule 13d-3 under the Act, by reason of his relationship with Ascend, Kroll may be deemed the beneficial owner of all of the Shares beneficially owned by Kroll.  Kroll and Ascend may be regarded as a group for purposes of Rule 13d-5 under the Act.

For information with respect to each executive officer and director of Ascend see Appendix A attached hereto which is specifically incorporated herein by reference in its entirety.

Item 3.  Source and Amount of Funds or Other Considerations

Since July 20, 2018, Ascend has sold the following Shares:

Item 4.  Purpose of Transaction

The Reporting Persons disposed of the securities in order to monetize a portion of their investments in the Issuer.

As of the date hereof, except as described in this Schedule 13D, the Reporting Persons do not have any plans or proposals which relate to or would result in:

Item 5.  Interest in Securities of the Issuer

As of the date hereof, the Reporting Persons beneficially own the aggregate number and percentage of outstanding Shares set forth below:

Pursuant to the regulations promulgated under Section 13(d) of the Exchange Act, Kroll has sole power to vote or direct the vote and sole power to dispose or to direct the disposition of 4,266,468 Shares owned by Ascend.

Ascend does not have the sole power to vote or direct the vote and sole power to dispose or to direct the disposition of any shares.

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

Except as set forth above or set forth in the exhibits and this Schedule 13D, there are no contracts, arrangements, understandings or relationships between reporting persons and any other person with respect to any securities of the Issuer.

Item 7.  Material to Be Filed as Exhibits

Signature

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.< /div>

Dated:  September 18, 2020	/s/ Jerry Kroll                           Signature
	Jerry Kroll                                  Name

Dated:  September 18, 2020	ASCEND SPORTMANAGEMENT INC. /s/ Jerry Kroll                                                         Signature
	Jerry Kroll, President and CEO                             Name/Title

Dated:  September 18, 2020	/s/ Jerry Kroll                           Signature
	Jerry Kroll                                  Name

Dated:  September 18, 2020	ASCEND SPORTMANAGEMENT INC. /s/ Jerry Kroll                                                         Signature
	Jerry Kroll, President and CEO                              Name/Title

Name/Position		Business Address		Principal Occupation		Citizenship
Jerry Kroll President and CEO		Suite 1102 - 328 East 11th Avenue, Vancouver, BC  V5T 2T6		President and CEO of Ascend; Director of Electrameccanica Vehicle Corp.		Canada