Alset Inc. — Major Shareholding Notification 2021

Feb 17, 2021

SC 13G/A 1 aei_sc13ga.htm SC 13G/A Document created using Blueprint(R) - powered by Issuer Direct - www.issuerdirect.com Copyright 2021 Issuer Direct Corporation aei_sc13ga

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Schedule 13G/A

Under the Securities Exchange Act of 1934

Amendment No. 1

ALSET EHOME INTERNATIONAL, INC.

(Name of Issuer)

Common Stock, par value $0.001 per share

(Title of Class of Securities)

40438A105

(CUSIP Number)

CHF First Generation Trust of 2020

2 River Terrace, apt 17E

New York, NY 10282

Attn: Darrin Michael Ocasio

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

December 31, 2020

(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)

[ X ] Rule 13d-1(d)

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).

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CUSIP No. 40438A105

| 1. | Names
of Reporting Persons: CHF First Generation Trust of 2020 |
| --- | --- |
| 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: The State of New York |

| Number
ofSharesBeneficiallyOwned by EachReportingPerson With | Sole
Voting Power 700,000 |
| --- | --- |
| 6. | Shared
Voting Power 0 |
| 7. | Sole
Dispositive Power 700,000 |
| 8. | Shared
Dispositive Power 0 |

| 9. | Aggregate
Amount Beneficially Owned by Each Reporting Person 700,000 |
| --- | --- |
| 10. | Check
if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) n/a |
| 11. | Percent
of Class Represented by Amount in Row (9) 8.18% |
| 12. | Type of
Reporting Person (See Instructions) OO |

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CUSIP No. 40438A105

| 1. | Names
of Reporting Persons: Darrin Michael Ocasio |
| --- | --- |
| 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: The United States |

| Number
ofSharesBeneficiallyOwned by EachReportingPerson With | Sole
Voting Power 700,000 [1] |
| --- | --- |
| 6. | Shared
Voting Power 0 |
| 7. | Sole
Dispositive Power 700,000 [1] |
| 8. | Shared
Dispositive Power 0 |

| 9. | Aggregate
Amount Beneficially Owned by Each Reporting Person 700,000 [1] |
| --- | --- |
| 10. | Check
if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) n/a |
| 11. | Percent
of Class Represented by Amount in Row (9) 8.18% [2] |
| 12. | Type of
Reporting Person (See Instructions) IN |

[1] The reporting person Darrin Michael Ocasio is the sole trustee of CHF First Generation Trust of 2020 (the “First Generation Trust”) and has the sole voting power and dispositive power over any and all of the shares held under the First Generation Trust.

[2] Based on 8,560,000 shares of common stock of the Issuer issued and outstanding as of December 31, 2020.

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Item 1.

| (a) | Name of
Issuer: | Alset EHome International, Inc. |
| --- | --- | --- |
| (b) | Address
of Issuer’s Principal Executive Offices: | 4800 Montgomery Lane, Suite 210 Bethesda, Maryland 20814 |

Item 2.

| (a) | Name of
Person Filing | This
report is filed by CHF First Generation Trust of 2020 and Darrin
Michael Ocasio with respect to the
shares of common stock, $0.001 par value per share, of the Issuer
that are directly beneficially owned by the First Generation Trust
and indirectly owned by Darrin Michael Ocasio. |
| --- | --- | --- |
| (b) | Address
of Principal Business Office or, if none, Residence: | 2 River Terrace, apt 17E New York, NY 10282 |
| (c) | Citizenship: | Darrin Michael Ocasio is a citizen of the United States and the
First Generation Trust is a New York trust. |
| (d) | Title
of Class of Securities: | Common Stock, par value $0.001 per share |
| (e) | CUSIP
Number: | 40438A105 |

ITEM 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-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
§240.13d-1(b)(1)(ii)(E); |
| (f) | [ ] | An
employee benefit plan or endowment fund in accordance with
§240.13d-1(b)(1)(ii)(F); |
| (g) | [ ] | A
parent holding company or control person in accordance with §
240.13d-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) | [ ] | A
non-U.S. institution in accordance with §
240.13d-1(b)(1)(ii)(J); |
| (k) | [ ] | Group,
in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a
non-U.S. institution in accordance with
§ 240.13d-1(b)(1)(ii)(J), please specify the type of
institution: |

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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: | 700,000 |
| --- | --- | --- |
| (b) | Percent
of class: | 8.18% [3] |
| (c) | Number
of shares as to which the person has: | |

| (i) | Sole
power to vote or to direct the vote. | 700,000 |
| --- | --- | --- |
| (ii) | Shared
power to vote or to direct the vote. | 0 |
| (iii) | Sole
power to dispose or to direct the disposition of. | 700,000 |
| (iv) | Shared
power to dispose or to direct the disposition of. | 0 |

(3) Based on 8,560,000 shares of common stock of the Issuer issued and outstanding as of December 31, 2020.

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 [ ].

ITEM 6. Ownership of More than Five 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 or Control Person.

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. Certification

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, other than activities solely in connection with a nomination under §240.14a-11.

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SIGNATURES

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

| Dated:
February 16, 2021 |
| --- |
| CHF First Generation Trust of 2020 |
| By: /s/ Darrin M. Ocasio |
| Name:
Darrin M. Ocasio |
| Title:
Trustee |
| By: /s/ Darrin
M. Ocasio |
| Name:
Darrin M. Ocasio |

Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)

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