Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
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- Peter Lynch
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO SECTION 240.13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO SECTION 240.13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)*
Liberated Syndication Inc.
________________________________________________________________
(Name of Issuer)
Common Stock ($0.001 par value)
_________________________________________________________________
(Title of Class of Securities)
53013F100
_________________________________________________________________
(CUSIP Number)
December 31, 2019
_________________________________________________________________
(Date of Event, Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[X ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*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 the disclosures provided in a prior cover page.
The information required in 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).
1. Names of Reporting Persons.
Kevin James Martin
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
3. SEC Use Only
4. Citizenship or Place of Organization
United States of America (South Carolina)
Number of 5. Sole Voting Power 1,305,437
Shares
Beneficially 6. Shared Voting Power - 0 -
Owned by Each
Reporting 7. Sole Dispositive Power 1,305,437
Person With
8. Shared Dispositive Power - 0 -
9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,305,437
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
(See Instructions)
11. Percent of Class Represented by Amount in Row (9) 4.5%
The percentage of class is based on 29,271,974 shares of common stock issued
and outstanding as of November 12, 2019, as reported in the Quarterly Report
on Form 10-Q for the period ended September 30, 2019, of
Liberated Syndication, Inc.
12. Type of Reporting Person (See Instructions) IN
SCHEDULE 13G
Item 1(a). Name of Issuer:
Liberated Syndication Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
5001 Baum Blvd, Suite 770
Pittsburgh, PA 15213
Item 2(a). Name of Person Filing:
Kevin James Martin
Item 2(b). Address of Principal Business Office or, if None, Residence:
4367 Chicora Street
Columbia, SC 29206
Item 2(c). Citizenship:
United States of America (South Carolina)
Item 2(d). Title of Class of Securities:
Common Stock (with $0.001 par value).
Item 2(e). CUSIP Number:
53013F100
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or Rule 13d-2(b)
or (c), check whether the person filing is a:
(a) [ ] Broker or dealer registered under Section 15 of the Act
(15 U.S.C. 78o).
(b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) [ ] Insurance company as defined in Section 3(a)(19) of the Act
(15 U.S.C. 78c).
(d) [ ] Investment company registered under Section 8 of the Investment
Company Act of 1940 (15 U.S.C 80a-8).
(e) [ ] An investment adviser in accordance with Section
240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with
Section 240.13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance with
Section 240.13d-1(b)(1)(ii)(G);
(h) [ ] A savings associations as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition of an investment
company under Section 3(c)(14) of the Investment Company Act of 1940
(15 U.S.C. 80a-3);
(j) [ ] A non-U.S. institution in accordance with
Section 240.13d-1(b)(1)(ii)(J);
(k) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(k).
Item 4. Ownership
(a) Amount Beneficially Owned: 1,305,437
(b) Percent of Class: 4.5%
(c) Number of Shares as to which such person has:
(i) Sole power to vote or to direct the vote: 1,305,437
(ii) Shared power to vote or to direct the vote: - 0 -
(iii) Sole power to dispose or to direct the disposition of: 1,305,437
(iv) Shared power to dispose or to direct the disposition of: - 0 -
Item 5. Ownership of Five Percent or Less of a Class:
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more
than 5 percent of the class of securities, check the following [X].
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company or
Control Person:
Not applicable.
Item 8. Identification and Classification of Members of the Group:
Not applicable.
Item 9. Notice of Dissolution of Group:
Not applicable.
Item 10. Certifications:
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect,
other than activities solely in connection with a nomination under
Section 240.14a-11.
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.
Date: January 16, 2020 By: /s/ Kevin James Martin
Kevin James Martin