UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 10)*
Cobalis Corp.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
19074Y 20 5
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(CUSIP Number)
Chaslav Radovich, 2445 McCabe Way, Suite 150, Irvine, CA 92614
(949) 757-0001
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
May 12, 2005
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(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 ss.ss.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 ss.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. 19074Y 20 5
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1. Names of Reporting Persons. I.R.S. Identification
Nos. of above persons (entities only). ERNEST
ARMSTRONG
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2. Check the Appropriate Box if a Member of a Group (See
Instructions) (a)
(b)
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3. SEC Use Only
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4. Source of Funds (See Instructions) OO
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5. Check 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 U.S.
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Number of 7. Sole Voting Power 119,755
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Shares
Beneficially 8. Shared Voting Power 1,911,609
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Owned by
Each 9. Sole Dispositive Power 119,755
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Reporting
Person 10. Shared Dispositive Power 1,911,609
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With
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11. Aggregate Amount Beneficially Owned by Each Reporting
Person 2,031,364
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12. Check if the Aggregate Amount in Row (11) Excludes
Certain Shares (See Instructions)
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13. Percent of Class Represented by Amount in Row (11) 8.2%
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14. Type of Reporting Person (See Instructions) IN
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ITEM 1. SECURITY AND ISSUER
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This statement relates to shares of the common stock, $.001 par value of Cobalis
Corp., a Nevada corporation (the "Issuer"). The principal executive offices of
the Issuer are located at 2445 McCabe Way, Suite 150, Irvine, CA 92614.
ITEM 2. IDENTITY AND BACKGROUND
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(a) Name: Ernest Armstrong
(b) Business Address: 2445 McCabe Way, Suite 150,
Irvine, CA 92614
(c) Present Principal Occupation: Vice President of the Issuer.
(d) Disclosure of Criminal Proceedings: none
(e) Disclosure of Civil Proceedings: none
(f) Citizenship: U.S.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
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On May 12, 2005, Mr. Armstrong purchased 150 shares of the Issuer's common stock
for $0.54 per share, and on May 13, 2005, purchased 450 shares of the Issuer's
common stock at $0.56 per share, using his personal funds. These transactions
result in Mr. Armstrong owning 119,755 shares of the Issuer's common stock
directly and personally, 152,578 shares jointly with his spouse, and having
control of 1,759,031 shares as managing member and majority owner of Gene
Pharmaceuticals, LLC.
ITEM 4. PURPOSE OF TRANSACTION
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On May 12, 2005, Mr. Armstrong purchased 150 shares of the Issuer's common stock
for $0.54 per share, and on May 13, 2005, purchased 450 shares of the Issuer's
common stock at $0.56 per share, using his personal funds and to express his
personal commitment to the Issuer. These transactions result in Mr. Armstrong
owning 119,755 shares of the Issuer's common stock directly and personally,
152,578 shares jointly with his spouse, and having control of 1,759,031 shares
as managing member and majority owner of Gene Pharmaceuticals, LLC.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
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Mr. Armstrong beneficially owns a total of 2,031,364 shares or 8.2% of the
Issuer's common stock as follows:
(a) Ernest Armstrong, an officer and director of the Issuer, owns 119,755
shares individually, which comprises 0.5% of the Issuer's outstanding
common stock, 152,578 shares of the Issuer's common stock jointly with
his spouse, which comprises 0.6% of the Issuer's outstanding common
stock, and 1,759,031 shares as managing member of Gene
Pharmaceuticals, LLC. Gene Pharmaceuticals, LLC directly owns
1,759,031 shares of the Issuer's common stock which comprises 7.1% of
the Issuer's total issued and outstanding shares.
(b) Ernest Armstrong has sole voting and dispostive power as to the
119,755 shares he owns individually, shared voting and dispositive
power as to the 152,578 shares owned with Ms. Armstrong, and sole
voting and dispositive power as to the 1,759,031 shares which he
controls as managing member and majority owner of Gene
Pharmaceuticals, LLC.
(c) On May 12, 2005, Mr. Armstrong purchased 150 shares of the Issuer's
common stock for $0.54 per share, and on May 13, 2005, purchased 450
shares of the Issuer's common stock at $0.56 per share. These
transactions result in Mr. Armstrong owning 119,755 shares of the
Issuer's common stock directly and personally, 152,578 shares jointly
with his spouse, and having control of 1,759,031 shares as managing
member and majority owner of Gene Pharmaceuticals, LLC.
(d) Not Applicable.
(e) Not Applicable.
ITEM 6. CONTACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER
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None.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
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None.
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.
May 23, 2005
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Date
/s/ Ernest Armstrong
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Ernest Armstrong
The original statement shall be signed by each person on whose behalf the
statement is filed or his authorized representative. If the statement is signed
on behalf of a person by his authorized representative (other than an executive
officer or general partner of the filing person), evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement: provided, however, that a power of attorney for this purpose
which is already on file with the Commission may be incorporated by reference.
The name and any title of each person who signs the statement shall be typed or
printed beneath his signature.
Attention: Intentional misstatements or omissions of fact
constitute Federal criminal violations (See 18 U.S.C. 1001)