Joe Thomas Boosts Thumzup Media Stake to 9.99%

TL;DR

**Joe Thomas now owns nearly 10% of Thumzup Media, signaling a strong belief in the company.**

AI Summary

Joe Thomas, through entities SLS Group LLC and Optimum Holdings Inc, has updated his beneficial ownership in Thumzup Media Corporation. As of January 24, 2024, he now beneficially owns a total of 674,564 shares of Common Stock, representing 9.99% of the company. This filing indicates a significant, but not controlling, stake by an individual, which could signal confidence in the company's future or potential influence on its direction.

Why It Matters

This filing shows a key individual, Joe Thomas, has a substantial stake in Thumzup Media, which could influence future company decisions or signal his long-term belief in the stock's value.

Risk Assessment

Risk Level: low — This filing indicates a significant ownership stake by an individual, which generally reduces risk by aligning interests with shareholders.

Analyst Insight

A smart investor would note Joe Thomas's significant 9.99% stake as a potential vote of confidence, suggesting further due diligence into Thumzup Media's fundamentals and future prospects, especially given his control over the entities holding the shares.

Key Numbers

• 674,564 — Total Shares Beneficially Owned (Represents Joe Thomas's combined ownership through SLS Group LLC and Optimum Holdings Inc as of January 24, 2024.)
• 9.99% — Percentage of Class Owned (The total percentage of Thumzup Media Corporation's Common Stock beneficially owned by Joe Thomas.)
• 292,089 — Shares with Sole Voting Power (Shares held by SLS Group LLC, controlled/owned by Joe Thomas.)
• 382,475 — Shares with Shared Voting Power (Shares held by Optimum Holdings Inc, controlled by Joe Thomas.)
• January 24, 2024 — Date of Event (The date that triggered the filing of this amendment.)

Key Players & Entities

• Joe Thomas (person) — Reporting Person, beneficial owner of shares in Thumzup Media Corporation
• Thumzup Media Corporation (company) — The Issuer of the securities
• SLS Group LLC (company) — Entity controlled/owned by Joe Thomas, holding 292,089 shares
• Optimum Holdings Inc (company) — Entity controlled by Joe Thomas, holding 382,475 shares

Forward-Looking Statements

• Joe Thomas will maintain or increase his stake in Thumzup Media Corporation over the next 12 months. (Joe Thomas) — medium confidence, target: January 24, 2025

FAQ

Filing Documents

• formsc13ga.htm (SC 13G/A) — 93KB
• 0001493152-24-003605.txt ( ) — 95KB

From the Filing

SC 13G/A 1 formsc13ga.htm UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G/A Under the Securities Exchange Act of 1934 (Amendment No. 1)* Thumzup Media Corporation (Name of Issuer) Common Stock (Title of Class of Securities) 88604J103 (CUSIP Number) (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) January 24, 2024 (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 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. 88604J103 13G/A Page 2 of 6 Pages 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Joe Thomas 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 Utah NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 292,089 * Shares held by SLS Group LLC which is controlled/owned by Joe Thomas. 6. SHARED VOTING POWER 382,475 * Shares held by Optimum Holdings Inc which is controlled by Joe Thomas and owned by the spouses of the owners of SLS Group LLC. 7. SOLE DISPOSITIVE POWER 292,089 * Shares held by SLS Group LLC which is controlled/owned by Joe Thomas. 8. SHARED DISPOSITIVE POWER 382,475 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 674,564 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.80% 12. TYPE OF REPORTING PERSON (see instructions) IN CUSIP No. 88604J103 13G/A Page 3 of 6 Pages Item 1. (a) Name of Issuer Thumzup Media Corporation (b) Address of Issuer’s Principal Executive Offices 711 S Carson Street, Suite 4 Carson City, NV 89701 Item 2. (a) Name of Person Filing Joe Thomas (b) Address of the Principal Office or, if none, residence 4580 S Thousand Oaks Drive Salt Lake City, UT 84124 (c) Citizenship United (d) Title of Class of Securities Common Stock (e) CUSIP Number 88604J103 CUSIP No. 88604J103 13G/A Page 4 of 6 Pages 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) Group, in accordance with §240.13d-1(b)(1)(ii)(J). 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: 674,564 (b) Percent of class: 8.80% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote. 292,089 * Shares held by SLS Group LLC which is controlled/owned by Joe Thomas. (ii) Shared power to vote or to direct the vote. 382,475 * Shares held by Optimum Holdings Inc which is controlled by Joe Thomas and owned by the spouses of the owners of SLS Group LLC. (iii) Sole power to dispose or to direct the disposition of. 292,089 * Shares held by SLS Group LLC which is controlled/owned by Joe Thomas. (iv) Shared power to dispose or to direct the disposition of. 382,475 * Shares held by Optimum Holdings Inc which is controlled by Joe Thomas and owned by the spouses of the owners of SLS Group LLC. Instructi

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