SC 13D/A 1 sc13da.htm AMENDMENT NO. 1 TO SCHEDULE 13D Filed by sedaredgar.com - Aqua Society Inc. - Schedule 13D/A

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D/A
(Amendment No. 1)
Under the Securities Exchange Act of 1934

AQUA SOCIETY, INC.
(Name of Issuer)

COMMON STOCK, $0.001 PAR VALUE PER SHARE
(Title of Class of Securities)

03841C 10 0
(CUSIP Number)

HUBERT HAMM
 Konrad-Adenauer Str. 9-13
D45699 Herten, Germany
011-49-6031-791-760
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

September 22, 2004
(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 which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].

*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).



CUSIP No. 03841C 10 0  
   
1. Names of Reporting Persons HUBERT HAMM
  I.R.S. Identification Nos. of above persons (entities only): Not Applicable
   
   
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [_]
   
3. SEC Use Only:
   
   
4. Source of Funds (See Instruction): OO
   
   
5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):
   
   
6. Citizenship or Place of Organization: German Citizenship
   
   
Number of Shares Beneficially by Owned by Each Reporting Person With:
 
7. Sole Voting Power: 64,000,000 shares of common stock.
     
8. Shared Voting Power: Not applicable.
     
9. Sole Dispositive Power: 64,000,000 shares of common stock.
     
10. Shared Dispositive Power: Not applicable.
     
11. Aggregate Amount Beneficially Owned by Each Reporting Person: 64,000,000 shares of common stock
   
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions): Not Applicable
   
13. Percent of Class Represented by Amount in Row (11): 52.9%
   
14. Type of Reporting Person (See Instructions) IN

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CUSIP No. 03841C 10 0

EXPLANATORY NOTE

This Schedule 13D/A (Amendment No. 1) is being filed by Hubert Hamm to correct and update the disclosure relating to Mr. Hamm contained in the Schedule 13D jointly filed by Mr. Hamm, Water-Capital-Holding Ltd. ("Water") and Achim Stamm on September 28, 2004 (the "Original Report").

ITEM 1. SECURITY AND ISSUER.

The class of equity securities to which the Original Report and this Amendment No. 1 relates is shares of common stock, par value $0.001 per share (the “Common Shares”), of Aqua Society, Inc. (formerly VG Tech, Inc.), a Nevada corporation (the “Issuer”). The principal executive offices of the Issuer are located at Konrad-Adenauer Strasse 9-13, 45699 Herten, Germany.

ITEM 2. IDENTITY AND BACKGROUND

This Statement is being filed by Hubert Hamm (the “Reporting Person”), a citizen of Germany. Mr. Hamm is a former managing director of Water, and is currently the sole director, Chief Executive Officer, President, Chief Financial Officer, Treasurer and Secretary of the Issuer. Mr. Hamm is also a managing director of the Issuer’s wholly owned subsidiary, Aqua Society GmbH (“Aqua GmbH”). Mr. Hamm has a business address located at Jagerstrasse 24, 45699 Herten, Germany.

During the past five years, the Reporting Person has not:

  (a)

been convicted in any criminal proceeding (excluding traffic violations or similar misdemeanors); or

     
  (b)

been a party to any civil proceeding of a judicial or administrative body of competent jurisdiction where, as a result of such proceeding, there was or is 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.

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

On September 22, 2004, Water transferred to the Issuer a 100% ownership interest in Aqua GmbH. In consideration for this interest, Water received the following:

  (a)

10,000,000 Common Shares issued by the Issuer;

     
  (b)

34,000,000 special warrants (the “Warrants”) to acquire Common Shares, the terms of which are described below; and

     
  (c)

36,000,000 Common Shares transferred from Steve Livingston, formerly the Issuer's sole director, President, Secretary and Treasurer.

The Warrants entitled the holder to acquire one Common Share for each Warrant held, without the payment of any additional consideration. The Warrants were exercised on December 6, 2004. As a result, a total of 80,000,000 Common Shares were registered in Water's name (the “Water Shares”).

ITEM 4. PURPOSE OF TRANSACTION

On September 22, 2004, pursuant to a Share Purchase Agreement (the “Share Purchase Agreement”) between Water, Aqua GmbH, the Issuer and Steve Livingston, the Issuer acquired a 100% ownership interest in Aqua GmbH (the “Acquisition”). The purpose of the Acquisition was to allow the Issuer to acquire rights to the technologies being developed by Aqua GmbH and to allow Aqua GmbH to access public equity markets.

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CUSIP No. 03841C 10 0

In exchange for a 100% ownership interest in Aqua GmbH, the Issuer issued those securities described under Item 3 of this Amendment No. 1 (the “Water Shares”) to Water. The Water Shares were acquired for investment purposes.

The Water Shares were held by Water for the benefit of the Reporting Person and for the benefit of Water and Mr. Stamm pursuant to an oral trust arrangement. All 80,000,000 Water Shares registered in Water’s name were listed as beneficially owned by the Reporting Person, Water and Mr. Stamm as the Reporting Person shared the power to vote and/or dispose of the Water Shares with Water and Mr. Stamm. Mr. Hamm is a former managing director of Water, and is currently the sole director, Chief Executive Officer, President, Chief Financial Officer, Treasurer and Secretary of the Issuer. Mr. Hamm is also a managing director of Aqua GmbH. The Original Filing was jointly filed by the Reporting Person, Water and Mr. Stamm.

In 2007, the Reporting Person, Water and Mr. Stamm entered into an agreement (the “2007 Agreement”) whereby the Reporting Person, Water and Mr. Stamm agreed to sever their respective rights with respect to the Water Shares. Under the terms of this agreement, Water and Mr. Stamm have the exclusive right to vote and dispose of 8,000,000 Common Shares (the “Stamm Shares”). The remaining 72,000,000 Common Shares (the “Hamm Shares”) remain registered in Water’s name, however neither Water nor Mr. Stamm has the right to vote or dispose of any of these shares.

Between 2005 and 2007, the Reporting Person sold or otherwise transferred 8,000,000 of the Hamm Shares to those persons listed in Item 5(c) of this Amendment No. 1. The Reporting Person does not have the right to vote or dispose of (or direct the voting or disposition of), or the right to derive any economic benefit from the disposition of (or the payment of distributions on), any of those 8,000,000 Common Shares.

An additional 3,400,000 of the Hamm Shares were pledged by the Reporting Person as security for a private debt of the Reporting Person. The pledgee has asserted a claim for these 3,400,000 Common Shares; however, as of the date of this Amendment No. 1, the Reporting Person is in a dispute with the pledgee regarding the validity and amount of this debt.

Other than as described in this Amendment No. 1, the Reporting Person does not have any agreements or other arrangements with respect to the sale of the Hamm Shares.

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.

(a)

Aggregate Beneficial Ownership:

   

As of the date of this Amendment No. 1, the Reporting Person beneficially owns the following securities of the Company:


Name Class of Securities Number of Securities(1) Percentage of Class
Hubert Hamm Common Stock 64,000,000 (indirect) (2) 52.9%

  (1)

Under Rule 13d-3, a beneficial owner of a security includes any person who, directly or indirectly, through any contract, arrangement, understanding, relationship, or otherwise has or shares: (i) voting power, which includes the power to vote, or to direct the voting of shares; and (ii) investment power, which includes the power to dispose or direct the disposition of shares. Certain shares may be deemed to be beneficially owned by more than one person (if, for example, persons share the power to vote or the power to dispose of the shares). In addition, shares are deemed to be beneficially owned by a person if the person has the right to acquire the shares (for example, upon exercise of an option) within 60 days of the date as of which the information is provided. In computing the percentage ownership of any person, the amount of shares outstanding is deemed to include the amount of shares beneficially owned by such person (and only such person) by reason of these acquisition rights. As a result, the percentage of outstanding shares of any person as shown in this table does not necessarily reflect the person’s actual ownership or voting power

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CUSIP No. 03841C 10 0

 

with respect to the number of shares of common stock actually outstanding on the date of this Amendment No. 1. As of the date of this Amendment No. 1, the Issuer had 120,956,093 Common Shares issued and outstanding.

     
  (2)

The number of Common Shares listed as beneficially owned by the Reporting Person are registered in Water’s name.


(b)

Power to Vote and Dispose of the Company Shares:

   

All 64,000,000 Common Shares listed as beneficially owned by the Reporting Person as of the date of this Amendment No. 1 are currently registered in Water’s name, however Water may not vote or dispose of these shares without instructions from the Reporting Person.

   

The Reporting Person has the sole right to vote and dispose of 64,000,000 Common Shares. 3,400,000 of these Common Shares have been pledged by the Reporting Person as security for a private debt of the Reporting Person. The pledgee has asserted a claim for these 3,400,000 Common Shares; however, the Reporting Person disputes the validity and amount of the debt owed to the pledgee.

   
(c)

Transactions Effected Since Filing of the Original Report:

   

In 2005, Water delivered to the Reporting Person certificates for a total of 11,400,000 Common Shares. The Reporting Person delivered these certificates to various persons to hold in trust for the Reporting Person. Between 2005 and 2007, the Reporting Person made the following dispositions:


  1.

On June 24, 2005, the Reporting Person agreed to transfer to Rudolf Clemens Stinner 3,400,000 Common Shares for services provided by Mr. Stinner to Aqua GmbH. The Reporting Person later agreed to increase this to a total of 4,000,000 Common Shares.

     
  2.

On September 15, 2006, the Reporting Person agreed to transfer 2,000,000 Common Shares to Mirko Mohr in satisfaction of a debt owed by the Reporting Person to Mr. Mohr in the amount of EUR 200,000.

     
  3.

On November 2, 2007, the Reporting Person sold 2,000,000 Common Shares to FIDAS AG at a price of EUR 0.05 per Common Share or EUR 100,000 in the aggregate.

Mr. Stinner, Mr. Mohr and FIDAS are not US Persons as defined in Regulation S promulgated under the Securities Act of 1933.

In addition, the Reporting Person pledged 3,400,000 Common Shares as security for a debt owed by the Reporting Person. The pledgee has asserted a claim for those 3,400,000 Common Shares; however the Reporting Person disputes the validity and amount of the debt owed to the pledgee. As a result, the Reporting Person has included these 3,400,000 Common Shares in the number of Common Shares to which the Reporting Person has sole voting and dispositive power.

(d)

Right of Others to Receive Dividends or Proceeds of Sale:

   

The Reporting Person has the sole right to receive dividends and the proceeds of sale from 64,000,000 Common Shares. 3,400,000 of these Common Shares were pledged by the Reporting Person as security for a debt. The pledgee has asserted a claim for these 3,400,000 Common Shares; however, the Reporting Person disputes the validity and amount of this debt.

   
(e)

Date Ceased to be the Beneficial Owner of More Than Five Percent: Not Applicable.

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CUSIP No. 03841C 10 0

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

Upon issuance, all 80,000,000 Common Shares (the “Water Shares”) registered in Water’s name were listed as beneficially owned by the Reporting Person, Water and Mr. Stamm as the Reporting Person shared the power to vote and dispose of the Water Shares with Water and Mr. Stamm. Pursuant to an oral trust arrangement among Reporting Person, Water and Mr. Stamm, the Reporting Person had an undivided beneficial interest in 72,000,000 Common Shares (the “Hamm Shares”) and Mr. Stamm had an undivided beneficial interest in 8,000,000 Common Shares (the “Stamm Shares”).

As disclosed in this Amendment No. 1, in 2007, the Reporting Person, Water and Mr. Stamm entered into an agreement to sever their respective rights to the Water Shares. Although, as of the date of this report, all of the Water Shares remain registered in Water’s name, neither Water nor Mr. Stamm may vote or dispose of any of the Hamm Shares and the Reporting Person may not vote or dispose of the Stamm Shares.

Between 2005 and 2007, the Reporting Person disposed of or otherwise transferred 8,000,000 Common Shares as disclosed in Item 5(c) of this Amendment No. 1. In addition, the Reporting Person pledged an additional 3,400,000 Common Shares as security for a debt owed by the Reporting Person. No written agreement exists pertaining to this matter. As the validity and amount of this debt is in dispute, the Reporting Person claims it has the sole power to vote or dispose of these 3,400,000 Common Shares.

ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.

The trust arrangement among the Reporting Person, Water and Mr. Stamm was oral. The following additional agreements are filed as exhibits:

(a)

December 2007 Agreement amongst Water-Capital-Holding Ltd., Achim Stamm, Hubert Hamm, Aqua- Society GmbH and Aqua Society, Inc. regarding the ownership of 80,000,000 shares in the common stock of Aqua Society, Inc. registered in the name of Water-Capital-Holding Ltd. (in German followed by English translation).

SIGNATURE

After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct.

Dated: May 14, 2009 /s/ Hubert Hamm
  HUBERT HAMM

6








AGREEMENT

Between

1.

Mr. Hubert Hamm, Unterm Berge 34, 45659 Recklinghausen

   
2.

Aqua Society GmbH, Langenbochumer Straße 393, 45701 Herten, represented by the managing director Mr. Hubert Hamm

   
3.

Aqua Society Inc. with seat in Nevada (address of principal executive office: Konrad-Adenauer Straße 9-13, 45699 Herten, Germany), represented by the CEO Mr. Hubert Hamm

And

1.

Mr. Achim Stamm, attorney at law, domiciled at Wilhelmstraße 2, 61231 Bad Nauheim, private residence: Dunkerstraße 6, 61231 Bad Nauheim

   
2.

WCH Water Capital Holding Ltd., c/o RAe Stamm & Lang, Wilhelmstraße 2, 61231 Bad Nauheim (business address Europe), c/o Meyer-Reumann Legal Consultancy, World Trade Center, Level 13, P.O. Box 9353 Dubai, United Arab Emirates, represented by the sole stockholder and director Mr. Achim Stamm

- Hereinafter referred to as: WCH -



Seite 2
 

Preamble

1.

Mr. Stamm and/or WCH initially held in custody for Mr. Hamm 80 million shares – “restricted securities” according to regulation 144 – of Aqua Society Inc. (ISIN: US03841C1009), registered under the name of WCH.

   
2.

For his services as trustee, Mr. Hamm remunerated Mr. Stamm with a non-recurrent compensation in the form of 8 million shares of Aqua Society Inc., on September 29, 2004.

   
3.

The trust agreement between Mr. Hamm on the one hand, and Mr. Stamm and/or WCH on the other hand, was terminated by letter of Hoffmann & Partner, attorneys at law, Mainz, dated April 28, 2006.

   
4.

Mr. Stamm and WCH state that, of the 80 million securities mentioned in item 1 above, 68,600,000 shares (8 million shares of Mr. Stamm and/or WCH as well as 60,600,000 shares of Mr. Hamm, hereinafter referred to as: Hamm-shares) were deposited in a portfolio in favor of WCH with the Credit Suisse in Zurich.

   

Mr. Stamm states that he handed over, at the instigation of Mr. Hamm,

   
4 million shares to Mr. Mechnik, on September 5, 2005,
4 million shares to Mr. Thomas Hamm, on September 16, 2005, and
3.4 million shares to Mr. Stinner on April 13, 2005
   

in the form of stock certificates.

   

Mr. Stamm sets forth that 68,600,000 shares of the 80 million securities mentioned in item 1 above, are now directly owned by him in the form of collective stock certificates.

   

Mr. Stamm and WCH set forth that, basically they are entitled to freely dispose of the 60,600,000 Hamm-shares of Aqua Society Inc., and that they are bound by Mr. Hamm’s instructions exclusively.




Seite 3
 

Given these facts the parties hereto agree as follows:

§ 1

1.

Principle statement

   

Mr. Stamm and WCH on the one hand, and Mr. Hamm on the other hand, agree that Mr. Hamm is or will be the formal owner of 72,000,000 shares of Aqua Society Inc. as well.

   
2.

Detailed regulation

   
2.1

Mr. Stamm and WCH shall assign any and all claims existing against the persons mentioned in the preamble, item 4, with respect to the surrendered 11,400,000 shares, to Mr. Hamm. Mr. Hamm accepts this assignment.

   
2.2

Mr. Stamm and WCH shall undertake to perform any and all acts, which might still be required for the passing of ownership of the 11,400,000 shares, particularly regarding the transfer of the stock certificates, upon the request of Mr. Hamm.

   
2.3

Mr. Stamm and WCH shall undertake to assign the remaining 60,600,000 shares of Aqua Society Inc. (ISIN: US03841C1009) to Mr. Hamm.

   
2.4

Mr. Stamm and WCH shall undertake to surrender the 60,600,000 shares in their possession to Mr. Hamm in the form of WCH collective bearer stock certificates, and to perform any and all acts required for the passing of ownership, particularly regarding the transfer of the stock certificates.

   
2.5

The obligation of delivering the 60,600,000 shares is subject to the condition precedent that the 8,000,000 shares of Mr. Stamm and/or of WCH will become freely marketable.




Seite 4
 

2.6

The Aqua Society Inc. and Mr. Hamm as CEO of the company thus undertake to make any and all statements required to render the shares freely marketable, as set forth in the „Legal Opinion“ attached as annex 1.

   
2.7

In the event that the 8,000,000 shares will not become or be freely marketable for any reason, which neither Mr. Hamm as CEO nor Aqua Society Inc. can be held liable for, the condition precendent shall no longer apply. This would involve the immediate surrender of the 60,600,000 shares to Mr. Hamm, and the transfer of ownership to Mr. Hamm – unless already transferred. Neither Mr. Stamm nor WCH, or any other party hereto shall have any right of retention.

§ 2

In the event of a disposal, Mr. Stamm and WCH shall undertake to sell the 8,000,000 shares of Aqua Society Inc. in a price-sensitive manner, while protecting the interests of Aqua Society Inc. and of the Aqua Society GmbH.

§ 3

With the signing of this Agreement all reciprocal claims of all parties hereto, for whatsoever legal reason – whether known or unknown – shall be deemed settled and compensated. The rules of this agreement are excluded from this proviso.

Mr. Stamm and WCH affirm that they have not assigned any claims – irrelevant whether known or unknown – against Mr. Hamm, Aqua Society GmbH and/or Aqua Society Inc. to third parties.

§ 4

Each party hereto shall personally bear the expenses of any of their proxies.



Seite 5
 

§ 5

1.

This Agreement shall be governed by German law.

   
2.

The Agreement has been negotiated individually.

   
3.

The parties hereto have agreed on Mainz as jurisdiction for any claims arising from this Agreement.


Recklinghausen, December 15, 2007   Herten, December 15, 2007
     
Sig. Hamm   Sig. Hamm
(Hubert Hamm)   (Aqua Society GmbH)
     
Herten, December 15, 2007    
     
Sig. Hamm    
(Aqua Society Inc.)    
     
Bad Nauheim, December 12, 2007   Bad Nauheim, December 12, 2007
     
Sig. Stamm   Sig. Stamm
(Achim Stamm)   (WCH Water Capital Holding Ltd.)