0001161697-11-000785.txt : 20110826
0001161697-11-000785.hdr.sgml : 20110826
20110826172332
ACCESSION NUMBER: 0001161697-11-000785
CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20110826
DATE AS OF CHANGE: 20110826
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: WESTMOUNTAIN INDEX ADVISOR INC
CENTRAL INDEX KEY: 0001421601
STANDARD INDUSTRIAL CLASSIFICATION: INVESTORS, NEC [6799]
IRS NUMBER: 261315498
STATE OF INCORPORATION: CO
FISCAL YEAR END: 1031
FILING VALUES:
FORM TYPE: SC 13D/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-86134
FILM NUMBER: 111060782
BUSINESS ADDRESS:
STREET 1: 2186 S. HOLLY ST., SUITE 104
CITY: DENVER
STATE: CO
ZIP: 80222
BUSINESS PHONE: (303) 800-0678
MAIL ADDRESS:
STREET 1: 2186 S. HOLLY ST., SUITE 104
CITY: DENVER
STATE: CO
ZIP: 80222
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: Capital Peak Partners, LLC
CENTRAL INDEX KEY: 0001514428
IRS NUMBER: 273546623
STATE OF INCORPORATION: ID
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
BUSINESS ADDRESS:
STREET 1: 602 CEDAR STREET #205
CITY: WALLACE
STATE: ID
ZIP: 83873
BUSINESS PHONE: 208-556-1600
MAIL ADDRESS:
STREET 1: 602 CEDAR STREET #205
CITY: WALLACE
STATE: ID
ZIP: 83873
SC 13D/A
1
sc13d.txt
SCHEDULE 13D/A AMENDMENT 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
SCHEDULE 13D/A
Amendment 1
Under the Securities Exchange Act of 1934
WESTMOUNTAIN INDEX ADVISOR, INC.
--------------------------------
(Name of Issuer)
COMMON STOCK, PAR VALUE $0.001 PER SHARE
---------------------------------------
(Title of Class of Securities)
96110W203
---------
(CUSIP Number)
Capital Peak Partners LLC
602 Cedar St, Suite 205, Wallace, ID 83873
208-556-1600
---------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
August 24, 2011
---------------
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 Rule 13D-1(e), 13D-1(f) or 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 Section 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).
SCHEDULE 13D
________________________________________________________________________________
CUSIP NO. 44920E 10 4 PAGE 2
________________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Capital Peak Partners LLC
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ X ]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
WC
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [ ]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
US
________________________________________________________________________________
NUMBER OF 7 SOLE VOTING POWER 2,350,000 SHARES
____________________________________________________________
SHARES
BENEFICIALLY 8 SHARED VOTING POWER 0 SHARES
____________________________________________________________
OWNED BY
EACH 9 SOLE DISPOSITIVE POWER 2,350,000 SHARES
____________________________________________________________
REPORTING
PERSON 10 SHARED DISPOSITIVE POWER 0 SHARES
____________________________________________________________
WITH
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,350,000 SHARES
________________________________________________________________________________
12 CHECK BOX IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.7%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON*
PN
________________________________________________________________________________
ITEM 1. SECURITY AND ISSUER.
This Schedule 13D Amendment 1("13D") relates to the shares of common stock,
par value $0.001 per share (the "Common Stock"), of WestMountain Index Advisor,
Inc. ("WMTN"), a Colorado corporation, whose principal executive office is
located at 2186 S. Holly St., Suite 104, Denver, CO 80222. The principal
executive officer is Gregory Schifrin, Chief Executive Officer.
This 13D gives notice of (i)100,000 shares of common stock awarded by the
Board of Director on August 24, 2011 as a Director of WMTN at the market value
of $.30 per share; (ii) 250,000 shares to Capital Peak Partners at $.50 per
share under the terms and conditions included in the February 18, 2011 Warrant,
including an expiration date of August 23, 2014; and (iii) 250,000 shares to
Capital Peak Partners at $.75 per share under the terms and conditions included
in the February 18, 2011 Warrant, including an expiration date of August 23,
2014.
ITEM 2. IDENTITY AND BACKGROUND.
This 13D is being filed pursuant to Rule 13D-1(a) under the Securities
Exchange Act of 1934, as amended (the "Exchange Act". CPP is an American limited
liability corporation. This "Reporting Party" is an "institutional investor" or
an "accredited investor."
Information with respect to this Reporting Person is given solely by such
Reporting Person.
CPP was formed in September, 2010 and is controlled by Mike Lavigne. Mr.
Lavigne is the CEO and Director of Silver Verde May Mining Company, Inc.
The principal business address of CPP is 602 Cedar St, Suite 205, Wallace,
ID 83873.
During the last five years, the Reporting Person, to the best of his
knowledge, has not been convicted in a criminal proceeding (excluding traffic
violations and similar misdemeanors). During the last five years, the Reporting
Person, to the best of his knowledge, has not been 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.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
See description to Item 4.
ITEM 4. PURPOSE OF TRANSACTION.
The Common Stock were acquired for, and are being held for, investment
purposes.
This 13D gives notice of (i)100,000 shares of common stock awarded by the
Board of Director on August 24, 2011 as a Director of WMTN at the market value
of $.30 per share; (ii) 250,000 shares to Capital Peak Partners at $.50 per
share under the terms and conditions included in the February 18, 2011 Warrant,
including an expiration date of August 23, 2014; and (iii) 250,000 shares to
Capital Peak Partners at $.75 per share under the terms and conditions included
in the February 18, 2011 Warrant, including an expiration date of August 23,
2014.
3
Other
The Reporting Person may purchase additional shares of Common Stock from
time to time depending upon price, market conditions, availability of funds,
evaluation of other investment opportunities, and other factors. The Reporting
Person have no present intention to sell any shares of Common Stock, although
any Reporting Person could determine from time to time, based upon the same
factors listed above for purchases, to sell some or all of the shares of Common
Stock held by such Reporting Person.
The Reporting Person do not have any plans or proposals that would result
in any of the actions or transactions described in clauses (a)through (j) of
Item 4 of Schedule 13D, except as previously disclosed in this Schedule 13D, as
amended, or as set forth above.
ITEM 5. INTEREST IN SECURITIES OF ISSUER.
(a) As of August 26, 2011, CPP beneficially owned 2,350,000 shares of
Common Stock individually.
CPP beneficially owned 9.7% of the Common Stock outstanding, based on total
shares of Common Stock outstanding as of August 26, 2011 of 24,335,502 shares on
a fully diluted basis.
(b) As of August 26, 2011, CPP had sole voting power and sole dispositive
power with respect to 2,350,000 shares of Common Stock individually.
(c) CPP has acquired 600,000 shares of Common Stock or warrants to Common
Stock individually and within the 60 days prior to the filing of this Schedule
13D.
(d) Not applicable.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER.
Except as described herein, no Reporting Person nor any other person
referred to in Item 2 herein, has any contract, arrangements understandings or
relationship (legal or otherwise) with any person with respect to any securities
of the Issuer, including but not limited to the transfer or voting of any of the
securities, finder's fees, joint ventures, loan or option arrangements, puts or
calls, guarantees of profits, division of profits or losses, or the giving or
withholding of proxies.
ITEM 7. MATERIALS TO BE FILED AS EXHIBITS.
Not applicable.
4
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.
Dated: August 26, 2011
Captital Peak Partners LLC
By: /s/ Mike Lavigne
----------------
Name: Mike Lavigne
Investor
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE
FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001)
5