SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
EDUVERSE.COM
(Name of Issuer)
Common Stock -- par value $0.001
(Title of Class of Securities)
281649103
(CUSIP Number)
Diane D. Dalmy, Esq.
8965 W. Cornell Place
Lakewood, Colorado 80227
303.985.9324
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
May 6, 2002
(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 which 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 Rule 13d- 7(b)for other
parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 5 Pages)
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1 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 be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 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
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CUSIP No. 281649103 Page 2 of 5 Pages
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1 NAME OF REPORTING PERSON: Alexander Cox
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: n/a
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS Subscription Agreement
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
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7 SOLE VOTING POWER
535,060 Shares of Common Stock
NUMBER OF ------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 0
OWNED BY
EACH ------------------------------------------------
REPORTING PERSON 9 SOLE DISPOSITIVE POWER
WITH 535,060 Shares of Common Stock
------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
535,060 Shares of Common Stock
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
17.84%
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14 TYPE OF REPORTING PERSON IND
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This original Schedule 13D statement (the "Schedule") is filed on behalf of
Alexander Cox, an individual ("Cox") as the reporting person hereunder, relative
to the acquisition by Cox of certain shares of common stock issued by
Eduverse.Com. Cox has not made any previous filings on Schedule 13D relating to
this acquisition or issuer.
SCHEDULE 13D
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CUSIP No. 281649103 Page 3 of 5 Pages
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ITEM 1. SECURITY AND ISSUER.
This Schedule relates to the voting common stock, $0.001 par value, of
Eduverse.Com ("Eduverse"). Eduverse maintains its principal executive offices at
435 Martin Street, Suite 2000, Blaine, Washington 98230.
ITEM 2. IDENTITY AND BACKGROUND
This Schedule is being filed by Alexander Cox, an individual and citizen of
Canada. The business address of Cox is 755 Burrard Street, Suite 428, Vancouver,
British Columbia, Canada V6Z 1X6.
Pursuant to General Instruction C of Schedule 13D, Cox (the "Instruction C
Person") and the information specified in items (a) through (f) of Item 2 with
respect to such Instruction C Person, are as follows:
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Name Business Address
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Alexander Cox 755 Burrard Street
Suite 428
Vancouver, British Columbia
Canada V6Z 1X6
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Alexander Cox has the sole right to control the disposition of and vote the
Eduverse securities acquired.
During the last five (5) years, the Instruction C Person has not been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors) nor has been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction or become 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
At the execution of a subscription agreement between Eduverse and Cox dated
May 2, 2002 (the "Subscription Agreement"), 500,000 shares of restricted common
stock of Eduverse were issued to Cox. The consideration exchanged for the
securities of Eduverse was payment by Cox of $62,500.00.
ITEM 4. PURPOSE OF TRANSACTION
The transaction described herein was undertaken for the purpose of engaging
in a private placement of the shares of common stock of Eduverse as follows:
(i) During the first quarter of fiscal year 2002, Eduverse engaged in a
private placement offering under Rule 506 of Regulation D of the
Securities Act of 1933, as amended (the "1933 Securities Act").
Pursuant to the terms of the private placement, Eduverse offered
2,400,000 shares of its common stock at $0.125 per share to raise
SCHEDULE 13D
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CUSIP No. 281649103 Page 4 of 5 Pages
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$300,000. On approximately May 3, 2002, Eduverse terminated the
offering pursuant to which it had sold 2,000,000 shares of common
stock at $0.125 per share for aggregate gross proceeds of $250,000.00
The per share price of the offering was arbitrarily determined by the
Board of Directors based upon potential future earnings, assets and
net worth of Eduverse.
(ii) Eduverse issued 500,000 shares of common stock to Cox in accordance
with the Subscription Agreement. Cox acknowledged that the securities
to be issued have not been registered under the 1933 Securities Act,
that he understood the economic risk of an investment in the
securities, and that he had the opportunity to ask questions of and
receive answers from Eduverse's management concerning any and all
matters related to acquisition of the securities. No underwriter was
involved in the transaction, and no commissions or other remuneration
were paid in connection with the offer and sale of the securities.
Pursuant to the instructions for items (a) through (j) of Item 4, Cox has
plans as follows:
(a) As set forth in Item 3 of this Schedule, Cox has acquired 500,000
shares of restricted common stock of Eduverse. Cox may consider the
acquisition of additional securities of Eduverse, the issuer, but has
no present plans or proposals to do so.
(b) Cox has no present plans or proposals to cause a merger or effect a
liquidation or reorganization of Eduverse or to enter into
extraordinary corporate transactions.
(c) Cox has no present plans or proposals to cause a sale or transfer of a
material amount of assets of Eduverse.
(d) Cox plans to exercise the voting rights associated with ownership of
shares of common stock of Eduverse.
(e) Cox has no present plans or proposals to cause a material change in
the capitalization of Eduverse.
(f) Cox has no present plans or proposals to make any other material
change to the business or corporate structure of Eduverse.
(g) Cox has no present plans or proposals to change Eduverse's charter,
bylaws or instruments corresponding thereto or to take other actions
that impede the acquisition of control of Eduverse by any person.
(h) Cox has no present plans or proposals to cause Eduverse's common stock
from not being quoted on the OTC Bulletin Board.
(i) Cox has no present plans or proposal relating to a class of securities
of Eduverse becoming eligible for termination of registration pursuant
to Section 12(g)(4) of the Securities Exchange Act of 1934.
(j) Cox has no present plans or proposals to take any action similar to
any of those enumerated in (a) through (i) above.
SCHEDULE 13D
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CUSIP No. 281649103 Page 5 of 5 Pages
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ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) As of the close of business on May 6, 2002, Cox beneficially owned
535,060 shares (or approximately 17.84% of the outstanding shares) of
Eduverse's common stock as follows:
Holder Number of Shares
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Alexander Cox 35,060
Alexander Cox 500,000
Total 535,060
(b) No Instruction C Person owns any other shares of common or preferred
stock of Eduverse. Cox has sole power to vote or to direct the voting
of the 535,060 shares of common stock of Eduverse held by Cox.
(c) As of May 6, 2002, and within the sixty day period prior thereto, to
the best knowledge and belief of the undersigned, no transactions
involving Eduverse equity securities had been engaged in by Cox, or by
any associates of said party, nor do any of said parties have any
right to acquire such securities.
(d) To the best knowledge and belief of the undersigned, no person other
than Cox has the right to receive or the power to direct the receipt
of dividends from, or the proceeds from the sale of, such securities.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER
No contracts, arrangements, understandings or relationships among the
persons named in Item 2 exist with respect to securities of the issuer.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
None
SIGNATURES
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.
Date: May 8, 2002 /s/ Alexander Cox
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Alexander Cox