UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. ________)*
MetaSource Group, Inc.
-------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
-------------------------------------------------------------------------------
(Title of Class of Securities)
59139R-10-0
-------------------------------------------------------------------------------
(CUSIP Number)
Michael Muellerleile, 4100 Newport Place Street,
Suite 830, Newport Beach, CA 92660
(949) 250-8655
-------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
July 12, 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 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.
Seess.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).
1
CUSIP No. 59139R 10-0
-----------
-------------------------------------------------------------------------------
1. Names of Reporting Persons. I.R.S. Identification Nos.
of above persons (entities only).
Courtney Smith
-------------------------------------------------------
_______________________________________________________________________________
2. Check the Appropriate Box if a Member of a Group (See
Instructions)
(a)
-----------------------------------------------------
(b)
-----------------------------------------------------
_______________________________________________________________________________
3. SEC Use Only
-----------------------------------------------
_______________________________________________________________________________
4. Source of Funds (See Instructions) Shares of Issuer were
---------------------
acquired in exchange for shares of MetaSource Systems,
--------------------------------------------------------
Inc. which were received in exchange for services
--------------------------------------------------------
rendered to MetaSource Systems Inc.
--------------------------------------------------------
_______________________________________________________________________________
5. Check if Disclosure of Legal Proceedings Is Required
Pursuant to Items 2(d) or 2(e)
_______________________________________________________________________________
6. Citizenship or Place of Organization U.S.
-------------------
_______________________________________________________________________________
Number of 7. Sole Voting Power 3,459,777
------------------------------
SharesEach_____________________________________________________________________
Beneficially
8. Shared Voting Power 0
-----------------------------------
Owned by_______________________________________________________________________
Each
9. Sole Dispositive Power 3,459,777
--------------------------------
Reporting _____________________________________________________________________
Person
With 10. Shares Dispositive Power 0
-------------------------------
_______________________________________________________________________________
11. Aggregate Amount Beneficially Owned by Each Reporting
Person 3,459,777
-----------------------------------------------
_______________________________________________________________________________
12. Check if the Aggregate Amount in Row (11) Excludes
Certain Shares (See Instructions)
----------------------
_______________________________________________________________________________
13. Percent of Class Represented by Amount in Row (11)
20.24%
-------------------------------------------------------
_______________________________________________________________________________
14. Type of Reporting Person (See Instructions)
IN
-------------------------------------------------------
2
Item 1. Security and Issuer
----------------------------
This statement relates to shares of the common stock, $.001 par value of
MetaSource Group, Inc., a Nevada corporation (the "Issuer"). The principal
executive offices of the Issuer are located at 40 Exchange Place, Suite 1607,
New York, NY 10005.
Item 2. Identity and Background
--------------------------------
(a) Name: Courtney Smith
(b) Business Address: 40 Exchange Place, Suite 1607
New York, NY 10005
(c) Present Principal Occupation: Officer and director of MetaSource
Group, Inc., whose address is
shown in Item 2(b)
(d) Disclosure of Criminal Proceedings: Mr. Smith has not been convicted in
any criminal proceeding at any time.
(e) Disclosure of Civil Proceedings: Mr. Smith has not been subject to
any judgment, decree or final order
enjoining violations of or
prohibiting or mandating activities
subject to federal or state
securitieslaws or finding any
violations with respect to such
laws.
(f) Citizenship: Mr. Smith is a citizen of the U.S.
Item 3. Source and Amount of Funds or Other Consideration
---------------------------------------------------------
Mr. Smith received 3,459,777 shares in exchange for 3,459,777 shares of
MetaSource Systems, Inc., which merged with MetaSource Acquisition Corp., the
wholly-owned subsidiary of the Issuer.
Item 4. Purpose of Transaction
-------------------------------
Mr. Smith acquired 3,459,777 shares in exchange for 3,459,777 shares of
MetaSource Systems, Inc., which merged with MetaSource Acquisition Corp., the
wholly-owned subsidiary of the Issuer. On July 12, 2002, Mr. Smith was appointed
as an officer and director of the Issuer.
Item 5. Interest in Securities of the Issuer
---------------------------------------------
Mr. Smith beneficially owns a total of 3,459,777 shares of the Issuer's common
stock as follows:
(a) Mr. Smith directly and personally owns 3,459,777 shares of the Issuer's
common stock which comprises 20.24% of the Issuer's total issued and outstanding
shares.
(b) Mr. Smith has sole voting and dispositive power as to the 3,459,777
shares he owns directly.
(c) None.
(d) Not Applicable.
(e) Not Applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer
--------------------------------------------------------------------------------
None.
Item 7. Material to Be Filed as Exhibits
-----------------------------------------
None.
3
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.
July 22, 2002
---------------------------------------------
Date
/s/ Courtney Smith
---------------------------------------------
Courtney Smith
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)