QUATERRA RESOURCES INC. |
(Name of Issuer) |
Common Stock, no par value |
(Title of Class of Securities) |
747952109 |
(CUSIP Number) |
Lei Wang, Chief Financial Officer 1100-1199 West Hasting Street, Vancouver, British Columbia Canada V6E 3T5 |
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
February 18, 2020 |
(Date of Event which Requires Filing of this Statement) |
CUSIP No. |
1 | NAMES OF REPORTING PERSONS Tony Alford | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) ¨ | |||
3 | SEC USE ONLY | |||
4 | SOURCE OF FUNDS (See Instructions) PF | |||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) ¨ | |||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION United States of America | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 47,170,793 |
8 | SHARED VOTING POWER 0 | |
9 | SOLE DISPOSITIVE POWER 47,170,793 | |
10 | SHARED DISPOSITIVE POWER 0 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 47,170,793 (1)(2)(3)(4)(5) (1) 31,609,000 of the shares beneficially owned are held in a joint brokerage account owned by the reporting person and his spouse. (2) 7,837,718 of the shares beneficially owned are held in a brokerage account owned by the reporting person’s spouse. (3) 538,000 of the shares beneficially owned are held in an individual retirement account for benefit of the reporting person. (4) 186,075 of the shares beneficially owned are held in an individual retirement account for benefit of the reporting person’s spouse. (5) 7,000,000 of the shares beneficially owned are in the form of warrants that are unavailable for exercise until such time as the share price is lower than $0.05. | |||
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) 21.0% | |||
14 | TYPE OF REPORTING PERSON (See Instructions) IN | |||
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(a) | The Reporting Person filing this statement is Tony Alford (the “Reporting Person”). | |
(b) | The address of the Reporting Person is PO Box 1031 Kernersville, NC 27285. | |
(c) | Self-employed Real Estate Developer | |
(d)–(e) | During the last five years, the Reporting Person has not been (i) convicted of a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) 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. | |
(f) | Citizenship: Tony Alford is a citizen of the United States of America |
(a) | The information requested by this paragraph is incorporated herein by reference to the information provided on the cover pages to this Schedule 13D. |
(b) | The information requested by this paragraph is incorporated herein by reference to the information provided on the cover pages to this Schedule 13D. |
(c) | Except as disclosed herein, none of the Reporting Persons or their affiliates has affected any other transactions in the securities of the Issuer during the past 60 days. |
(d) | Not applicable. |
(e) | Not applicable. |
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Dated | |
/s/ Tony Alford | |
Signature | |
Tony Alford | |
Name/Title |
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