0001193125-23-028002.txt : 20230208 0001193125-23-028002.hdr.sgml : 20230208 20230208121601 ACCESSION NUMBER: 0001193125-23-028002 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20230208 DATE AS OF CHANGE: 20230208 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Inuvo, Inc. CENTRAL INDEX KEY: 0000829323 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING [7310] IRS NUMBER: 870450450 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-79784 FILM NUMBER: 23598018 BUSINESS ADDRESS: STREET 1: 500 PRESIDENT CLINTON AVE., STE. 300 CITY: LITTLE ROCK STATE: AR ZIP: 72201 BUSINESS PHONE: 501-205-8508 MAIL ADDRESS: STREET 1: 500 PRESIDENT CLINTON AVE., STE. 300 CITY: LITTLE ROCK STATE: AR ZIP: 72201 FORMER COMPANY: FORMER CONFORMED NAME: INUVO, INC. DATE OF NAME CHANGE: 20090810 FORMER COMPANY: FORMER CONFORMED NAME: KOWABUNGA! INC. DATE OF NAME CHANGE: 20081106 FORMER COMPANY: FORMER CONFORMED NAME: THINK PARTNERSHIP INC DATE OF NAME CHANGE: 20060315 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DRYSDALE ROBERT H CENTRAL INDEX KEY: 0001234190 FILING VALUES: FORM TYPE: SC 13G/A MAIL ADDRESS: STREET 1: 41 S. HIGH ST. STREET 2: STE. 2800 CITY: COLUMBUS STATE: OH ZIP: 43215 SC 13G/A 1 d406364dsc13ga.htm SC 13G/A SC 13G/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3) *

 

 

INUVO, INC.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

46122W204

(CUSIP Number)

December 31, 2022

(Date of Event Which Requires Filing of This Statement)

 

 

Check the appropriate box to designate the Rule pursuant to which this Schedule is filed:

☐    Rule 13d-1(b)

☒    Rule 13d-1(c)

☐    Rule 13d-1(d)

 

*

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 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).

Continued on following pages

 

 

 

  (1)    

  NAME OF REPORTING PERSONS

 

  ROBERT H. DRYSDALE

  (2)  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

  (a)  ☐        (b)  ☐

  (3)  

  SEC USE ONLY

 

  (4)  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  United States

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH:

 

      (5)    

  SOLE VOTING POWER-

 

  10,894,195

     (6)  

  SHARED VOTING POWER-

 

  1,400,000

     (7)  

  SOLE DISPOSITIVE POWER-

 

  10,894,195

     (8)  

  SHARED DISPOSITIVE POWER-

 

   1,400,000

(9)    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  12,294,195

(10)  

  CHECK BOX IF AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

(11)  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  9.8% (based on 120,134,884 common shares outstanding as of November 11, 2022 per Issuer’s 10-Q)

(12)  

  TYPE OF REPORTING PERSON

 

  IN

ITEM 1(a).

NAME OF ISSUER

Inuvo, Inc.

 

ITEM 1(b).

ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES

500 President Clinton Avenue, Suite 300

Little Rock, Arkansas 72201

 

ITEM 2(a).

NAME OF PERSON FILING.

This Schedule 13G is being filed by Robert H. Drysdale (the “Reporting Person”).

 

ITEM 2(b).

ADDRESS OR PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE.

The address of the Reporting Person is 132A Royal Circle, Honolulu, Hawaii 96816.

 

ITEM 2(c).

CITIZENSHIP.

United States.

 

ITEM 2(d).

TITLE OF CLASS OF SECURITIES:

Common stock.

 

ITEM 2(e).

CUSIP No.

46122W204

 

ITEM 3.

IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B):

Not applicable.

 

ITEM 4.

OWNERSHIP

(a) Amount beneficially owned: 12,294,195

(b) Percentage of class: 9.8% (based on 120,134,884 common shares outstanding as of November 11, 2022 per Issuer’s 10-Q)

(c) Number of shares as to which the person has:

 

  (i)

Sole power to vote or to direct the vote: 10,894,195

 

  (ii)

Shared power to vote or to direct the vote: 1,400,000

 

  (iii)

Sole power to dispose or to direct the disposition of: 10,894,195

 

  (iv)

Shared power to dispose or to direct the disposition of: 1,400,000

ITEM 5.

OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

  Not applicable.

 

ITEM 6.

OWNERSHIP OF MORE THAN 5 PERCENT ON BEHALF OF ANOTHER PERSON.

  Not applicable.

 

ITEM 7.

IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.

  Not applicable.

 

ITEM 8.

IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

  Not applicable.

 

ITEM 9.

NOTICE OF DISSOLUTION OF GROUP.

  Not applicable.

 

ITEM 10.

CERTIFICATIONS.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, or other than activities solely in connection with a nomination under §240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of the undersigned’s knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

Dated: February 6, 2023

      

/s/ Robert H. Drysdale

     

Robert H. Drysdale