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Public Co Management holder controls 69.8% stake

PUBLIC COMPANY MANAGEMENT CORPORATION (PCMC) has a controlling shareholder, Repository Services LLC, which reports beneficial ownership of 23,946,307 common shares, equal to 69.84% of the outstanding stock, with sole voting and dispositive power.

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Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

PUBLIC COMPANY MANAGEMENT CORPORATION (PCMC) has a controlling shareholder, Repository Services LLC, which reports beneficial ownership of 23,946,307 common shares, equal to 69.84% of the outstanding stock, with sole voting and dispositive power. Repository Services LLC acquired the shares from prior stockholders using its capital contributions and working capital from third-party investors who only hold economic, not voting, interests in the securities.

The reporting holder states it acquired the stake to exercise control over PCMC and influence management, operations, capital structure and strategic direction. Potential actions include business combinations or reverse-merger transactions (including a proposed acquisition of Physicians Capital Management Corporation), changes to capitalization, influencing the board and senior management, and buying or selling additional shares, depending on conditions.

Positive

  • None.

Negative

  • None.
Beneficial ownership 23,946,307 shares of common stock Shares beneficially owned by Repository Services LLC as of the statement date
Ownership percentage 69.84% Percent of PCMC outstanding common stock represented by 23,946,307 shares
Shares outstanding 23,946,307 shares Outstanding common stock of PCMC as reported in the most recent Form 10-K
Sole voting power 23,946,307 shares Number of shares over which Repository Services LLC has sole voting power
Sole dispositive power 23,946,307 shares Number of shares over which Repository Services LLC has sole dispositive power
Citizenship or organization Wyoming limited liability company Repository Services LLC is organized under Wyoming law
Event date September 30, 2020 Date of the event requiring the Schedule 13D/A filing
beneficial ownership financial
"The Reporting Person acquired beneficial ownership of the Common Stock"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
sole voting power financial
"The Reporting Person has sole voting power and sole dispositive power"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
dispositive power financial
"sole voting power and sole dispositive power with respect to all such shares"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
reverse-merger transactions financial
"enter into one or more business combination or reverse-merger transactions"
economic interest financial
"investors who contributed capital ... are entitled to an economic interest"
An economic interest is a right to receive money or other financial benefits from an asset, contract, or business activity without necessarily owning or controlling it; examples include a share of profits, royalties, dividend rights, or scheduled payments. Investors care because it determines who gets cash flow and bears risk — like collecting rent on a house you don’t legally own — and it affects valuation, expected returns, and how exposure to an investment is structured.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What ownership stake does Repository Services LLC report in PUBLIC CO MANAGEMENT CORP (PCMC)?

Repository Services LLC reports beneficial ownership of 23,946,307 shares of PCMC common stock, representing 69.84% of the outstanding common shares, based on 23,946,307 shares outstanding as reported in the issuer’s most recent Form 10-K.

Does Repository Services LLC have control over PCMC (symbol PCMC)?

Repository Services LLC states it acquired and holds the shares to exercise control over PCMC, and reports sole voting power and sole dispositive power over all 23,946,307 shares, giving it effective control of the company’s common stock.

How did Repository Services LLC finance its acquisition of PCMC shares?

The acquisition of PCMC common stock was financed with capital contributions and working capital of Repository Services LLC, which in turn came from third-party investors who hold only an economic interest in the acquired securities, without voting or dispositive power.

What strategic plans does the controlling holder have for PCMC (PCMC)?

Repository Services LLC indicates it may exercise control over PCMC’s management, operations, capital structure and strategic direction, including potential business combinations or reverse-merger transactions, changes to capitalization, and influencing the board and senior management, subject to conditions.

Is a specific transaction mentioned involving PCMC in this Schedule 13D/A?

Yes. The filing mentions that Repository Services LLC may cause PCMC to enter into one or more business combinations or reverse-merger transactions, including a proposed acquisition of Physicians Capital Management Corporation, though this is described as a potential action.

Have there been recent trades in PCMC shares by Repository Services LLC?

The reporting person states it has not effected any transactions in PCMC common stock during the 60 days preceding the date of the statement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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744392101

(CUSIP Number)
Ronald J. Stauber
9440 Santa Monica Boulevard, Suite 301
Beverly Hills, CA, 902010
310 487 0080

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
09/30/2020

(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.

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).




schemaVersion:


SCHEDULE 13D






SCHEDULE 13D


REPOSITORY SERVICES LLC
Signature:/s/ Ronald J. Stauber
Name/Title:Vice President - Member
Date:09/10/2026
Comments accompanying signature:
This Form 13D/A is filed to correct the number of shares of common stock beneficially owned at the time of the reporting person's initial filing. The original Form 13D incorrectly reported 23,946.307 shares; the correct number is 23,447,807shares

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