-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, J2/M4IxGcRXw70bSC3YNtV8gnZ6JoGXfKaabYzW9CDkmJrw193G3TiMG2NtuoXLD fu3nQVShvNEzICYJ7Ibxsw== 0001142207-01-500006.txt : 20010612 0001142207-01-500006.hdr.sgml : 20010612 ACCESSION NUMBER: 0001142207-01-500006 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010611 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WORLDWIDE PETROMOLY INC CENTRAL INDEX KEY: 0000928375 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-CHEMICALS & ALLIED PRODUCTS [5160] IRS NUMBER: 841125214 STATE OF INCORPORATION: CO FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-46591 FILM NUMBER: 1658530 BUSINESS ADDRESS: STREET 1: 1300 POST OAK BOULEVARD STREET 2: SUITE 1985 CITY: HOUSTON STATE: TX ZIP: 77056 BUSINESS PHONE: 7138925823 MAIL ADDRESS: STREET 1: 1300 POST OAK BOULEVARD STREET 2: SUITE 1985 CITY: HOUSTON STATE: TX ZIP: 77085 FORMER COMPANY: FORMER CONFORMED NAME: OGDEN MCDONALD & CO DATE OF NAME CHANGE: 19940812 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BEACHSIDE COMMONS I INC CENTRAL INDEX KEY: 0001142335 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: FL FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 401 CNTRE STREET, 2ND FLOOR CITY: FERNANDINA BEACH STATE: FL ZIP: 32034 BUSINESS PHONE: 6784744600 SC 13G 1 beachside13g.txt SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ______________)* Worldwide PetroMoly, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 98159L10 (CUSIP Number) June 1, 2001 (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) [X] 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 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. 98159L10 - -------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Beachside Commons I, Inc. - -------------- ----------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [ ] (b) [ ] - -------------- ----------------------------------------------------------------- 3. SEC USE ONLY - -------------- ----------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Florida - -------------- ----------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER 15,695,920 SHARES ------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER 0 OWNED BY ------------------------------------------------------- EACH REPORTING 7. SOLE DISPOSITIVE POWER 15,695,920 PERSON WITH ------------------------------------------------------- 8. SHARED DISPOSITIVE POWER 0 - ------------------------ ------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 15,695,920 - -------------- ----------------------------------------------------------------- 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [ ] - -------------- ----------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.9% - -------------- ----------------------------------------------------------------- 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO - -------------- ----------------------------------------------------------------- Item 1. (a) NAME OF ISSUER: Worldwide PetroMoly, Inc. (b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 12600 Deerfield Parkway, Suite 100 Alpharetta, Georgia 30004 Item 2. (a) NAME OF PERSON FILING: Beachside Commons I, Inc. (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: 401 Centre Street, 2nd Floor Fernandina Beach, Florida 32034 (c) CITIZENSHIP: Florida (d) TITLE OF CLASS OF SECURITIES: Common Stock (e) CUSIP NUMBER: 98159L10 Item 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B) OR 13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A: (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [ ] An investment adviser in accordance with Rule13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule13d-1(b)(1)(ii)(G); (h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with Rule13d-1(b)(1)(ii)(J). Not applicable. Item 4. OWNERSHIP. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 15,695,920 (b) Percent of class: 9.9% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote 15,695,920 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of 15,695,920 (iv) Shared power to dispose or to direct the disposition of 0 Instruction. For computations regarding securities which represent a right to acquire an underlying security see Rule 13d-3(d)(1). Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ]. Not applicable. Instruction: Dissolution of a group requires a response to this item. Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Not applicable. Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. Not applicable. Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. If a group has filed this schedule pursuant to Rule 13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identity of each member of the group. Not applicable. Item 9. NOTICE OF DISSOLUTION OF GROUP. Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. Not applicable. Item 10. CERTIFICATION. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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. 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. June 8, 2001 -------------------------- Date /s/ Michael Townsend -------------------------- Signature Michael Townsend, President Beachside Commons I, Inc. -------------------------- Name/Title -----END PRIVACY-ENHANCED MESSAGE-----