Filing Details

Accession Number:
0001477932-17-001649
Form Type:
13D Filing
Publication Date:
2017-04-10 19:02:08
Filed By:
Rossi Steven F.
Company:
Worksport Ltd (NASDAQ:WKSP)
Filing Date:
2017-04-11
SEC Url:
13D Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
STEVEN ROSSI 112,000,000 0 112,000,000 0 112,000,000 53.52%
Filing

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13D

 

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

  

FRANCHISE HOLDINGS INTERNATIONAL, INC.

(Name of Issuer)

 

Common Stock

(Title of Class of Securities)

 

35180V109

(CUSIP Number)

 

Steven Rossi

c/o Truxmart Ltd.

3120 Rutherford Road, Suite 414

Vaughan, Ontario CANADA L4K 0B2

(888) 554-8789

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

April 10th, 2017

(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. ¨

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-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. 000000000

13D

Page 2 of 5 Pages

 

1.

NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

STEVEN ROSSI

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(see instructions)

 

(a) ¨

(b) ¨

3.

SEC USE ONLY

 

4.

SOURCE OF FUNDS (see instructions)

 

OO

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

¨

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Ontario, Canada

 

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

7. 

SOLE VOTING POWER 

 

112,000,000

8.

SHARED VOTING POWER 

 

0

9.

SOLE DISPOSITIVE POWER 

 

112,000,000

10.

SHARED DISPOSITIVE POWER 

 

0

 

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

112,000,000

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES(see instructions)

 

¨

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

53.52%

14.

TYPE OF REPORTING PERSON (see instructions)

 

IN

 
 

  

Page 3 of 5 Pages

 

ITEM 1. SECURITY AND ISSUER.

 

The title of the class of securities to which this filing relates is common stock, par value $.001 per share (the "Common Stock"), of Franchise Holdings International, Inc., a Florida corporation (the "Company"). The Company's principal executive office is now located at 8820 Jane Street, Vaughan, Ontario CANADA L4K 2M9.

 

ITEM 2. IDENTITY AND BACKGROUND.

 

This statement is being filed by Steven Rossi (the "Reporting Person") whose business address is 8820 Jane Street, Vaughan, Ontario CANADA L4K 2M9. The Reporting Person is the Chief Executive Officer, President and a Director of the Company at the address listed above

 

During the last five years, the Reporting Person has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction resulting in his being 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.

 

During the last five years, the Reporting Person was not 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.

 

On January 27th, 2017, 40,000,000 shares were issued to the Reporting Person for services rendered. And on March 9th, 2017, 32,000,000 shares were issued to the Reporting Person for services rendered. As of the date hereof, there are 209,232,666 shares of common stock of the Company issued and outstanding.

 

ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.

 

The performance of the services provided as Chief Executive Officer of the Company. 

 

 

 

Page 4 of 5 Pages

  

ITEM 4. PURPOSE OF TRANSACTION.

 

The purpose of the transaction was to compensate the Reporting Person for the services rendered to the Company.

 

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.

 

(a) The Reporting Person beneficially holds 112,000,000 shares of the Company, which is 53.52% of the current issued and outstanding shares.

 

(b) The Reporting Person has sole power to vote and the sole power to dispose of the shares.

 

(c) Other than as described above, the Reporting Person has engaged in no transaction during the past 60 days in any shares of the Company's common stock or securities of its subsidiaries.

 

(d) None.

 

(e) Not applicable.

 

ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER.

 

Except as set forth in this Schedule 13D, to the best knowledge of the Reporting Person, there are no other contracts, arrangements, understandings or relationships (legal or otherwise) between the persons named in Item 2 and any person with respect to any securities of the Company, including but not limited to: transfer or voting of any of the securities of the Company or of its subsidiaries, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies or a pledge or contingency the occurrence of which would give another person voting power over the securities of the Company.

 

ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.

 

Not applicable

 

 

 

Page 5 of 5 Pages

  

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.

 

 

STEVEN ROSSI

 
     
 

/s/ Steven Rossi

 
 

Steven Rossi

 
     
 

April 10, 2017

 
 

Date