Issuer CIK | 0000895287 |
Issuer CCC | XXXXXXXX |
DOS File Number | |
Offering File Number | 024-11525 |
Is this a LIVE or TEST Filing? | ☒ LIVE ☐ TEST |
Would you like a Return Copy? | ☐ |
Notify via Filing Website only? | ☐ |
Since Last Filing? | ☒ |
Name | |
Phone | |
E-Mail Address |
Exact name of issuer as specified in the issuer's charter | VICTORY MARINE HOLDINGS CORP |
Jurisdiction of Incorporation / Organization |
NEVADA
|
Year of Incorporation | 1954 |
CIK | 0000895287 |
Primary Standard Industrial Classification Code | 5551 |
I.R.S. Employer Identification Number | 83-0709708 |
Total number of full-time employees | 3 |
Total number of part-time employees | 0 |
Address 1 | 555 NE 34th STREET |
Address 2 | SUITE 1207 |
City | MIAMI |
State/Country |
FLORIDA
|
Mailing Zip/ Postal Code | 33137 |
Phone | 8003172441 |
Name | Jonathan D. Leinwand |
Address 1 | |
Address 2 | |
City | |
State/Country | |
Mailing Zip/ Postal Code | |
Phone |
Industry Group (select one) | ☐ Banking ☐ Insurance ☒ Other |
Cash and Cash Equivalents |
$
155753.00 |
Investment Securities |
$
0.00 |
Total Investments |
$
|
Accounts and Notes Receivable |
$
0.00 |
Loans |
$
|
Property, Plant and Equipment (PP&E): |
$
0.00 |
Property and Equipment |
$
|
Total Assets |
$
155753.00 |
Accounts Payable and Accrued Liabilities |
$
85947.00 |
Policy Liabilities and Accruals |
$
|
Deposits |
$
|
Long Term Debt |
$
0.00 |
Total Liabilities |
$
1914089.00 |
Total Stockholders' Equity |
$
-1758336.00 |
Total Liabilities and Equity |
$
155753.00 |
Total Revenues |
$
4323690.00 |
Total Interest Income |
$
|
Costs and Expenses Applicable to Revenues |
$
4174854.00 |
Total Interest Expenses |
$
|
Depreciation and Amortization |
$
0.00 |
Net Income |
$
-597747.00 |
Earnings Per Share - Basic |
$
0.00 |
Earnings Per Share - Diluted |
$
0.00 |
Name of Auditor (if any) |
Name of Class (if any) Common Equity | Common Equity |
Common Equity Units Outstanding | 52077104 |
Common Equity CUSIP (if any): | 926462102 |
Common Equity Units Name of Trading Center or Quotation Medium (if any) | OTC Markets |
Preferred Equity Name of Class (if any) | Preferred Equity |
Preferred Equity Units Outstanding | 60000 |
Preferred Equity CUSIP (if any) | 000000000 |
Preferred Equity Name of Trading Center or Quotation Medium (if any) | N/A |
Debt Securities Name of Class (if any) | N/A |
Debt Securities Units Outstanding | 0 |
Debt Securities CUSIP (if any): | 000000000 |
Debt Securities Name of Trading Center or Quotation Medium (if any) | N/A |
Check this box to certify that all of the following statements are true for the issuer(s)
☒
Check this box to certify that, as of the time of this filing, each person described in Rule 262 of Regulation A is either not disqualified under that rule or is disqualified but has received a waiver of such disqualification.
☒
Check this box if "bad actor" disclosure under Rule 262(d) is provided in Part II of the offering statement.
☐
Check the appropriate box to indicate whether you are conducting a Tier 1 or Tier 2 offering | ☒ Tier1 ☐ Tier2 |
Check the appropriate box to indicate whether the financial statements have been audited | ☒ Unaudited ☐ Audited |
Types of Securities Offered in this Offering Statement (select all that apply) |
☒Equity (common or preferred stock) |
Does the issuer intend to offer the securities on a delayed or continuous basis pursuant to Rule 251(d)(3)? | ☒ Yes ☐ No |
Does the issuer intend this offering to last more than one year? | ☐ Yes ☒ No |
Does the issuer intend to price this offering after qualification pursuant to Rule 253(b)? | ☐ Yes ☒ No |
Will the issuer be conducting a best efforts offering? | ☒ Yes ☐ No |
Has the issuer used solicitation of interest communications in connection with the proposed offering? | ☐ Yes ☒ No |
Does the proposed offering involve the resale of securities by affiliates of the issuer? | ☐ Yes ☒ No |
Number of securities offered | 500000000 |
Number of securities of that class outstanding | 52077104 |
Price per security |
$
0.0200 |
The portion of the aggregate offering price attributable to securities being offered on behalf of the issuer |
$
10000000.00 |
The portion of the aggregate offering price attributable to securities being offered on behalf of selling securityholders |
$
0.00 |
The portion of the aggregate offering price attributable to all the securities of the issuer sold pursuant to a qualified offering statement within the 12 months before the qualification of this offering statement |
$
0.00 |
The estimated portion of aggregate sales attributable to securities that may be sold pursuant to any other qualified offering statement concurrently with securities being sold under this offering statement |
$
0.00 |
Total (the sum of the aggregate offering price and aggregate sales in the four preceding paragraphs) |
$
10000000.00 |
Underwriters - Name of Service Provider | Underwriters - Fees |
$
| |
Sales Commissions - Name of Service Provider | Sales Commissions - Fee |
$
| |
Finders' Fees - Name of Service Provider | Finders' Fees - Fees |
$
| |
Audit - Name of Service Provider | Audit - Fees |
$
| |
Legal - Name of Service Provider | Jonathan D. Leinwand, P.A. | Legal - Fees |
$
5000.00 |
Promoters - Name of Service Provider | Promoters - Fees |
$
| |
Blue Sky Compliance - Name of Service Provider | Blue Sky Compliance - Fees |
$
|
CRD Number of any broker or dealer listed: | |
Estimated net proceeds to the issuer |
$
|
Clarification of responses (if necessary) |
Selected States and Jurisdictions |
FLORIDA
|
None | ☒ |
Same as the jurisdictions in which the issuer intends to offer the securities | ☐ |
Selected States and Jurisdictions |
None ☒
(e) Indicate the section of the Securities Act or Commission rule or regulation relied upon for exemption from the registration requirements of such Act and state briefly the facts relied upon for such exemption |
EXPLANATORY NOTE
This Post-Qualification Amendment No. 2, or this Amendment, to the Offering Statement on Form 1-A filed by Victory Marine Holdings Corp., a Nevada corporation (the “Company”) on May 12, 2021, as amended (the “Original Filing”) and qualified on May 19, 2021, is being filed solely to re-file Exhibit 12.1. Accordingly, this Amendment consists only of the explanatory note, the signature page to the Form 1-A, the exhibit index and exhibits indicated therein. The Preliminary Offering Circular is unchanged and therefore has been omitted.
PART III - INFORMATION NOT REQUIRED IN THE OFFERING CIRCULAR
Item 17
Number | Description of Exhibit | |||
2.1 | Articles of Incorporation and Amendments* | |||
2.2 | Bylaws* | |||
4.1 | Form of Subscription Agreement* | |||
11.1 | Consent of Jonathan D. Leinwand, P.A. (contained in Exhibit 12.1) | |||
12.1 | Opinion re legality | |||
*previously filed |
SIGNATURES
Pursuant to the requirements of Regulation A, the issuer certifies that it has reasonable grounds to believe that it meets all the requirements for filing on Form 1-A and has duly caused this offering statement to be signed on its behalf by the undersigned, thereunto duly authorized in Miami, Florida, on the 7th day of January, 2022.
VICTORY MARINE HOLDINGS CORP.
By: | /s/ Orlando Hernandez | |
Orlando Hernandez | ||
Chief Executive Officer and Director |
This post qualification revised offering statement has been signed by the following person on 7th day of January, 2022.
By: | /s/ Orlando Hernandez | |
Orlando Hernandez | ||
Chief Executive Officer, Secretary, Treasurer and Director |
Exhibit 12.1
Jonathan D. Leinwand, P.A. |
18305 Biscayne Blvd. Suite 200 Aventura, FL 33160 Tel: (954) 903-7856 Fax: (954) 252-4265 |
E-mail: jonathan@jdlpa.com
|
January 7, 2022
Victory Marine Holdings Corp.
555 NE 34th St.
Suite 1207
Miami, FL 33137
Re: Post-Effective Amendment Statement on Form 1-A
To Whom It May Concern:
We have acted as counsel to Victory Marine Holdings Corp, a Nevada corporation (the “Company”), in connection with the preparation of a Post Qualification Amendment to its Offering Statement on Form 1-A (the “Offering Statement”) filed with the Securities and Exchange Commission (the “Commission”) for the issuance and sale from time to time of up to 500,000,000 shares (the “Shares”) of the Company’s common stock, par value $0.0001 per share, issued or issuable pursuant to subscription agreements (the “Subscription Agreements”).
For purposes of rendering this opinion, we have made such legal and factual examinations as we have deemed necessary under the circumstances and, as part of such examination, we have examined, among other things, originals and copies, certified or otherwise, identified to our satisfaction, of such documents, corporate records and other instruments as we have deemed necessary or appropriate. For the purposes of such examination, we have assumed the genuineness of all signatures on original documents and the conformity to original documents of all copies submitted to us. We have relied, without independent investigation, on certificates of public officials and, as to matters of fact material to the opinion set forth below, on certificates of officers of the Company.
On the basis of and in reliance upon the foregoing examination and assumptions, we are of the opinion that assuming the Offering Statement shall have become qualified pursuant to the provisions of the Securities Act of 1933, as amended (the “Act”), the Shares, when issued by the Company in accordance with the Offering Statement and the provisions of the Subscription Agreements, and when duly registered on the books of the Company’s transfer agent and registrar therefor in the name or on behalf of the purchasers, will be validly issued, fully paid and non-assessable.
This opinion is given as of the date hereof. We assume no obligation to update or supplement this opinion to reflect any facts or circumstances which may hereafter occur or come to our attention or any changes in law which may hereafter occur.
We hereby consent to the filing of this opinion as Exhibit 12.1 to the Offering Statement and to the reference to us under the caption “Opinion re Legality"” in the Offering Circular constituting a part of the Offering Statement. In giving this consent, we do not thereby admit that we are in the category of persons whose consent is required under Section 7 of the Act or the rules and regulations of the Commission.
Very Truly Yours, | ||
JONATHAN D. LEINWAND, P.A. | ||
By: /s/ Jonathan Leinwand | ||
Jonathan Leinwand, Esq. | ||