SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13D
Under the Securities Exchange Act of 1934
(Amendment No.2)*
Nevstar Corporation
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(Name of Issuer)
Common Stock, $0.01 par value per share
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(Title of Class of Securities)
64156G102
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(CUSIP Number)
Timothy P. Halter
12890 Hilltop Road
Argyle, TX 76226
(972) 233-0300
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
October 29, 2007
--------------------------------------------------------------------------------
(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 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 Rule 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 (the "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. 64156G102 13D Page 2 of 12
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
---------------------------------------------------------------------
HALTER FINANCIAL INVESTMENTS, L.P.
---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(A)[ ]
(B)[x]
---------- ---------------------------------------------------------------------
3 SEC USE ONLY
---------- ---------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
---------- ---------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) OR 2(E) [ ]
---------- ---------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
TEXAS
---------- ---------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 1,066,511 SHARES
OWNED BY ------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON ------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
1,066,511 SHARES
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
------------------- -------- ---------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,066,511 SHARES
---------- ---------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
---------- ---------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
85.3%
---------- ---------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
---------- ---------------------------------------------------------------------
CUSIP NO. 64156G102 13D Page 3 of 12
---------- ---------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
HALTER FINANCIAL INVESTMENTS GP, LLC
---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(A)[ ]
(B)[x]
---------- ---------------------------------------------------------------------
3 SEC USE ONLY
---------- ---------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
---------- ---------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) OR 2(E) [ ]
---------- ---------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
TEXAS
---------- ---------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY ------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON 1,066,511 SHARES
WITH
------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,066,511 SHARES
------------------- -------- ---------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,066,511 SHARES(1)
---------- ---------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
---------- ---------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
85.3%
---------- ---------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
---------- ---------------------------------------------------------------------
(1) Shares are owned by Halter Financial Investments, LP of which Halter
Financial Investments GP, LLC is the sole general partner.
CUSIP NO. 64156G102 13D Page 4 of 12
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
TIMOTHY P. HALTER
---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(A)[ ]
(B)[x]
---------- ---------------------------------------------------------------------
3 SEC USE ONLY
---------- ---------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
---------- ---------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) OR 2(E) [ ]
---------- ---------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
TEXAS
---------- ---------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY ------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON 1,066,511 SHARES
WITH
------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,066,511 SHARES
------------------- -------- ---------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,066,511 SHARES(2)
---------- ---------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
---------- ---------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
85.3%
---------- ---------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
---------- ---------------------------------------------------------------------
(2) Shares are owned by Halter Financial Investments, LP of which TPH Capital,
L.P. is a limited partner of which TPH Capital GP, LLC is the sole general
partner of which Timothy P. Halter is the sole member.
CUSIP NO. 64156G102 13D Page 5 of 12
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
DAVID BRIGANTE
---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(A)[ ]
(B)[x]
---------- ---------------------------------------------------------------------
3 SEC USE ONLY
---------- ---------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
---------- ---------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) OR 2(E) [ ]
---------- ---------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
TEXAS
---------- ---------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY ------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON 1,066,511 SHARES
WITH
------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,066,511 SHARES
------------------- -------- ---------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,066,511 SHARES(3)
---------- ---------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
---------- ---------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
85.3%
---------- ---------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
---------- ---------------------------------------------------------------------
(3) Shares are owned by Halter Financial Investments, LP of which Bellfield
Capital Partners, L.P. is a limited partner of which Bellfield Capital
Management, LLC is the sole general partner of which David Brigante is the sole
member.
CUSIP NO. 64156G102 13D Page 6 of 12
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
GEORGE L. DIAMOND
---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(A)[ ]
(B)[x]
---------- ---------------------------------------------------------------------
3 SEC USE ONLY
---------- ---------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
---------- ---------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) OR 2(E) [ ]
---------- ---------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
TEXAS
---------- ---------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY ------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON 1,066,511 SHARES
WITH
------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,066,511 SHARES
------------------- -------- ---------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,066,511 SHARES(4)
---------- ---------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
---------- ---------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
85.3%
---------- ---------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
---------- ---------------------------------------------------------------------
(4) Shares are owned by Halter Financial Investments, LP of which Colhurst
Capital, L.P. is a limited partner of which Colhurst Capital GP, LLC is the sole
general partner of which George L. Diamond is the sole member.
CUSIP NO. 64156G102 13D Page 7 of 12
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
MARAT ROSENBERG
---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(A)[ ]
(B)[x]
---------- ---------------------------------------------------------------------
3 SEC USE ONLY
---------- ---------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
---------- ---------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) OR 2(E) [ ]
---------- ---------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
NEVADA
---------- ---------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY ------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON 1,066,511 SHARES
WITH
------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,066,511 SHARES
------------------- -------- ---------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,066,511 SHARES(5)
---------- ---------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
---------- ---------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
85.3%
---------- ---------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
---------- ---------------------------------------------------------------------
(5) Shares are owned by Halter Financial Investments, LP of which Rivergreen
Capital, L.L.C. is a limited partner of which Marat Rosenberg is the sole
member.
CUSIP NO. 64156G102 13D Page 8 of 12
ITEM 1. SECURITY AND ISSUER.
This statement relates to shares of Common Stock, $0.01 par value per share
(the "Stock"), of Nevstar Corporation, a Nevada corporation (the "Issuer"). The
principal executive offices of the Issuer are located at 12890 Hilltop Road,
Argyle, Texas 76226.
ITEM 2. IDENTITY AND BACKGROUND.
Pursuant to Rule 13d-1(a) of Regulation 13D-G of the General Rules and
Regulations under the Securities Exchange Act of 1934, as amended (the "Act"),
this amended Schedule 13D Statement is hereby filed by the following persons
(collectively, the "Reporting Persons"): Halter Financial Investments, L.P., a
Texas limited partnership ("HFI"); Halter Financial Investments GP, LLC, a Texas
limited liability company and the general partner of HFI ("HFI GP"); Timothy P.
Halter, a citizen of the United States and the sole member of TPH Capital GP,
LLC which is the sole general partner of TPH Capital, L.P. which is a limited
partner of HFI ("Halter"); David Brigante, a citizen of the United States and
the sole member of Bellfield Capital Management, LLC which is the sole general
partner of Bellfield Capital Partners, L.P. which is a limited partner of HFI
("Brigante"); George L. Diamond, a citizen of the United States and the sole
member of Colhurst Capital GP, LLC which is the sole general partner of Colhurst
Capital, L.P. which is a limited partner of HFI ("Diamond"); and Marat
Rosenberg, a citizen of the United States and the sole member of Rivergreen
Capital, LLC which is a limited partner of HFI ("Rosenberg").
HFI is a Texas limited partnership, the principal business of which is to
provide financial consulting services. The principal business address of HFI,
which also serves as its principal office, is 12890 Hilltop Road, Argyle, Texas
76226.
HFI GP is a Texas limited liability company, the principal business of
which is to act as general partner of HFI. The principal business address of HFI
GP, which also serves as its principal office, is 12890 Hilltop Road, Argyle,
Texas 76226.
Halter's principal occupation or employment is managing HFI GP and its
related entities. The principal business address of Halter, which also serves as
his principal office, is 12890 Hilltop Road, Argyle, Texas 76226.
Brigante's principal occupation or employment is serving as an officer of
HFI GP and its related entities. The principal business address of Brigante,
which also serves as his principal office, is 12890 Hilltop Road, Argyle, Texas
76226.
Diamond's principal occupation or employment is serving as an officer of
HFI GP and its related entities. The principal business address of Diamond,
which also serves as his principal office, is 12890 Hilltop Road, Argyle, Texas
76226.
Rosenberg's principal occupation or employment is serving as an officer of
HFI GP and its related entities. The principal business address of Rosenberg,
which also serves as his principal office, is 12890 Hilltop Road, Argyle, Texas
76226.
CUSIP NO. 64156G102 13D Page 9 of 12
During the last five years, none of the Reporting Persons (i) has been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors) or (ii) was a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as a result of such proceeding
was or is 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.
On October 29, 2007, the Reporting Persons purchased 92,870 shares of
common stock, at a purchase price of $2.00 per share, from W/F Investment Corp.
under the terms of the Put Option Agreement referenced in Item 6 below. The
purchase prices was paid in cash in from "working capital".
ITEM 4. PURPOSE OF TRANSACTION.
The purpose of the transactions disclosed herein is to facilitate the
desire of the Issuer to effect a reverse merger with an as yet unidentified
private company at some point in the future. In order to further such a
potential reverse merger, the Reporting Persons have acquired control of the
Issuer through a purchase of outstanding shares of common stock.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Pursuant to Rule 13d-3(a), at the close of business on October 29, 2007,
HFI may be deemed to be the beneficial owner of 1,066,511 shares of the Stock,
which constitutes approximately 85.3% of the 1,250,090 shares of the Stock
outstanding on October 29, 2007 (the "Outstanding Shares"). HFI, either directly
or indirectly, has or shares the power to vote or to direct the vote and to
dispose or to direct the disposition of, such shares of Stock.
Pursuant to Rule 13d-3(a), at the close of business on October 29, 2007,
HFI GP, as the sole general partner of HFI, may be deemed to be the beneficial
owner of 1,066,511 shares of the Stock, which constitutes approximately 85.3% of
the Outstanding Shares. HFI GP, either directly or indirectly, may have or share
the power to vote or direct the vote and to dispose of or to direct the
disposition of such shares of Stock.
Pursuant to Rule 13d-3(a), at the close of business on October 29, 2007,
Halter, as the sole member of TPH Capital GP, LLC which is the sole general
partner of TPH Capital, L.P. which is a limited partner of HFI, may be deemed to
be the beneficial owner of 1,066,511 shares of the Stock, which constitutes
approximately 85.3% of the Outstanding Shares. Halter, either directly or
indirectly, may have or share the power to vote or direct the vote and to
dispose of or to direct the disposition of such shares of Stock.
CUSIP NO. 64156G102 13D Page 10 of 12
Pursuant to Rule 13d-3(a), at the close of business on October 29, 2007,
Brigante, as the sole member of Bellfield Capital Management, LLC which is the
sole general partner of Bellfield Capital, L.P. which is a limited partner of
HFI, may be deemed to be the beneficial owner of 1,066,511 shares of the Stock,
which constitutes approximately 85.3% of the Outstanding Shares. Brigante,
either directly or indirectly, may have or share the power to vote or direct the
vote and to dispose of or to direct the disposition of such shares of Stock.
Pursuant to Rule 13d-3(a), at the close of business on October 29, 2007,
Diamond, as the sole member of Colhurst Capital GP, LLC which is the sole
general partner of Colhurst Capital, L.P. which is a limited partner of HFI, may
be deemed to be the beneficial owner of 1,066,511 shares of the Stock, which
constitutes approximately 85.3% of the Outstanding Shares. Diamond, either
directly or indirectly, may have or share the power to vote or direct the vote
and to dispose of or to direct the disposition of such shares of Stock.
Pursuant to Rule 13d-3(a), at the close of business on October 29, 2007,
Rosenberg, as the sole member of Rivergreen Capital, LLC which is a limited
partner of HFI, may be deemed to be the beneficial owner of 1,066,511 shares of
the Stock, which constitutes approximately 85.3% of the Outstanding Shares.
Rosenberg, either directly or indirectly, may have or share the power to vote or
direct the vote and to dispose of or to direct the disposition of such shares of
Stock.
Other than as set forth above, none of the Reporting Persons named
herein is the beneficial owner of any shares of the Stock.
Transactions effected in the last 60 days:
------------------- ------------------- ------------------ --------------------- ------------------------------------
Reporting Person Date Number of Shares Price per Share How the transaction was effected
------------------- ------------------- ------------------ --------------------- ------------------------------------
HFI October 29, 2007 92,870 $2.00 Private Stock Purchase
------------------- ------------------- ------------------ --------------------- ------------------------------------
CUSIP NO. 64156G102 13D Page 11 of 12
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER.
Except as set forth below, to the best knowledge of the Reporting Persons,
there are no contracts, arrangements, understandings or relationships (legal or
otherwise) among the Reporting Persons or between the Reporting Persons and any
other person with respect to any securities of the Issuer, including but not
limited to, transfer or voting of any of the securities of the Issuer, finders
fees, joint ventures, loan or option arrangements, puts or calls, guarantees of
profits, division of profits or loss, or the giving or withholding of proxies,
or a pledge or contingency, the occurrence of which would give another person
voting power over shares of the Stock.
HFI and W/F Investment Corp. entered into a Put Option Agreement pursuant
to which W/F Investment may require HFI to purchase up to 199,869 shares of
common capital stock of the Issuer held by W/F Investment at a price per share
of $2.00 at any time during the period of time (i) commencing 180 days after
October 11, 2005 and (ii) ending upon the earlier of six (6) months following
the Issuer's completion of a transaction whereby it acquires operating control,
or substantially all of the assets, of a privately held corporation generating
revenues as reported in financial statements audited in conformity with
accounting practices generally accepted in the United States or two (2) years
from October 11, 2005. The termination date of the option has been extended
through April 5, 2008.
CUSIP NO. 64156G102 13D Page 12 of 12
After reasonable inquiry and to the best of the knowledge and belief of the
undersigned, the undersigned certify that the information set forth in this
statement is true, complete and correct.
DATED: October 29, 2007
Halter Financial Investments, L.P.,
a Texas limited partnership
By: Halter Financial Investments GP, LLC
Its: General Partner
By: /s/ Timothy P. Halter
---------------------
Its: Chairman
Halter Financial Investments GP, LLC,
a Texas limited liability company
By: /s/ Timothy P. Halter
---------------------
Its: Chairman
/s/ Timothy P. Halter
---------------------
Timothy P. Halter
/s/ David Brigante
------------------
David Brigante
/s/ George L. Diamond
---------------------
George L. Diamond
/s/ Marat Rosenberg
-------------------
Marat Rosenberg