13G Filing: Redwood Management LLC and Eco Building Products Inc. (ECOB)

Page 4 of 7 – SEC Filing

 

CUSIP
No. 268277308
  13G
  Page
4 of 6 Pages

 

Item
3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-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 §240.13d-1(b)(1)(ii)(E);
     
  (f)
An
employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
     
  (g)
A
parent holding company or control person in accordance with §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)
Group,
in accordance with §240.13d-1(b)(1)(ii)(J).

 

Item
4. Ownership.

 

(a) Amount
beneficially owned: 52,143,231*
(b) Percent
of class: 7.40%
(c) Number
of shares as to which the Reporting Person has:
a. Sole
power to vote or to direct the vote: 28,000,000
b. Shared
power to vote or to direct the vote: 52,143,231
c. Sole
power to dispose or direct the disposition of: 28,000,000
d. Shared
power to dispose or direct the disposition: 52,143,231

 

*On
May 18, 2017, the Reporting Person converted 50.94 shares of the Issuer’s Series C 12% Convertible Preferred Stock into
28,300,000 shares of the Issuer’s Common Stock
The
Reporting Person may be deemed to have shared power to vote and shared power to dispose of an aggregate of 52,143,231 shares owned
by the entities listed below taken together as a whole since Redwood Management, LLC and MAK, LLC are under the common control
of the same principal, Gary Rogers, who controls all of the equity interests in MAK, LLC and half of the equity interests in Redwood
Management, LLC.

 

Item
5. Ownership of Five Percent or Less of a Class.

 

Not
Applicable.

 

Item
6. Ownership of More than Five Percent on Behalf of Another Person.

 

Not
applicable.

 

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