Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
What is insider trading>>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
American Environmental Energy, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
02566 W101
(CUSIP Number)
Wenyi Yu, 1319 Rockland Avenue, Staten Island, NY 10314 Phone No. (646) 671-2678
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
07/12/21
(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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-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 §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).
| CUSIP No. 02566 W101 | 13D | Page 2 of 3 Pages | ||
| 1. | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Wenyi Yu |
|||
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ☐ (b) ☐ |
|||
| 3. | SEC USE ONLY
|
|||
| 4. | SOURCE OF FUNDS (see instructions)
PF |
|||
| 5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐ | |||
| 6. | CITIZENSHIP OR PLACE OF ORGANIZATION
PR. China |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7. | SOLE VOTING POWER
60,761,187 | ||
| 8. | SHARED VOTING POWER
238, 322 (Note: 290,000 shares of shared voting power reported before was a miscalculation) | |||
| 9. | SOLE DISPOSITIVE POWER
60,761,187 | |||
| 10. | SHARED DISPOSITIVE POWER
238, 322 (Note: 290,000 shares of shared voting power reported before was a miscalculation) |
| 11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
60,999,509 |
|||
| 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)
54.14% |
|||
| 14. | TYPE OF REPORTING PERSON (see instructions)
IN |
| CUSIP No. 02566 W101 | 13D | Page 2 of 3 Pages | ||
Item 1. Security and Issuer.
This Schedule 13D relates to the common stock of American Environmental Energy, Inc. (symbol:AEEI), a Nevada Corporation (The “Issuer”). The principal business address is located at 14 Wall Street, Office 2090, New York, NY 10005.
Item 2. Identity and Background.
(a) Name: Wenyi Yu
(b) Address: 1319 Rockland Avenue, Staten Island, NY 10314
(c) Principal Occupation: Manager
(d) Criminal convictions: N/A
(e) Civil or administrative proceedings: N/A
(f) Citizenship: China
Item 3. Source or Amount of Funds or Other Consideration.
1. Ms. Fang Li returned 5,000,000 shares of the restricted common stock of AEEI to Wenyi Yu, the President and CEO of the Issuer on June 24, 2021 because the M&A negotiation terminated.
2. Wenyi Yu transferred 1,000,000 shares of the restricted common stock of AEEI to Wenzhe Guo on April 30, 2021.
3. Wenyi Yu transferred 4,000,000 shares of the restricted common stock of AEEI to Wenzhe Guo on July 1, 2021. Mr. Wenzhe Guo is the graduate of NYU in Economics. He is the No.2 shareholder who has 5 million shares of AEEI common stock, and has been hired as the General Manager of The Department of Investment of AEEI, and has the potential to promote to the position of CFO. He is writing the book Embrace the Future: A R&D of the Stock of Environmental Utility Index, which is going to be published by the end of 2021. The purpose of the research is to edit “Green Stock Index” – a potential financial product in the future.
4. Wenyi Yu purchased 300 shares of non-restricting AEEI stock through TD Ameritrade at the price of $0.15 per share. He checked the availability of the free transaction of the AEEI stock.
5. Wenyi Yu reviewed the information provided by the stock transfer company and found the restricted shares that Wenyi Yu has is 60,754,587 as of July 9, 2021.
Item 4. Purpose of Transaction.
Nothing special. All are carried out as scheduled.
Item 5. Interest in Securities of the Issuer.
The Reporting Person has the sole power to vote and to direct the disposition of the 60,761,187 shares. No other person has the right to receive the dividends from, or the proceeds from the sale, of the Shares.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
The Reporting Person has been the Chairman and CEO of the Issuer from March of 2018.
Item 7. Material to Be Filed as Exhibits.
None.
| CUSIP No. 02566 W101 | 13D | Page 3 of 3 Pages | ||
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.
/s/ Wenyi Yu Wenyi Yu, Individually |
07/12/2021 Date |