Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
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- Peter Lynch
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
SCHEDULE
13D
Under
the
Securities Exchange Act of 1934
(Amendment
No. ___)
NOVASTAR
RESOURCES LTD.
(Name
of
Issuer)
COMMON
STOCK, PAR VALUE $0.001
(Title
of
Class of Securities)
669886
10 3
(CUSIP
Number)
Chris
Davis
1525
Camelot Road, West Vancouver, B.C. V7S 2L9
(604)
925-0883
(Name,
Address and Telephone Number of Person
Authorized
to Receive Notices and Communications)
March
15, 2005
(Date
of
Event which Requires Filing Statement on Schedule 13D)
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 Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following
box
[ ].
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1 -
|
1.
|
NAMES
OF REPORTING PERSONS
IRS
IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Chris
Davis
|
|
|
2.
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a)
o
(b)
o
|
|
3.
|
SEC
USE ONLY
|
|
|
4.
|
SOURCE
OF FUNDS
PF
|
|
|
5.
|
CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO
ITEM 2(d) or 2(e)
|
o
|
|
6.
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
Canada
|
|
|
|
|
|
|
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NUMBER
OF
|
7.
|
SOLE
VOTING POWER
|
16,350,000
|
|
SHARES
|
|
|
|
|
BENEFICIALLY
|
8.
|
SHARED
VOTING POWER
|
0
|
|
OWNED
BY
|
|
|
|
|
EACH
|
9.
|
SOLE
DISPOSITIVE POWER
|
16,350,000
|
|
REPORTING
|
|
|
|
|
PERSON
WITH
|
10.
|
SHARED
DISPOSITIVE POWER
|
0
|
|
|
|
|
|
11.
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
16,350,000
|
|
|
12.
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN
SHARES
|
o
|
|
13.
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13%
|
|
|
14.
|
TYPE
OF REPORTING PERSON
IN
|
|
-
2 -
Item
1. Security and Issuer.
The
name
of the issuer is Novastar Resources, Inc., a Nevada corporation (“Novastar”),
which has its principal executive offices at 8300 Greensboro Drive, Suite 800,
McLean, Virginia 22102. This statement relates to Novastar’s common stock,
$0.001 par value per share.
Item
2. Identity and Background.
(a)-(f).
This Schedule 13D is being filed by Chris Davis, 1525 Camelot Road, West
Vancouver, B.C. V7S 2L9 (the “Reporting Person”). The Reporting Person is a
businessman working for and through OTC Investments Ltd., 3240 - 666 Burrard
Street, Vancouver, B.C. V6C 2X8.
During
the last five years, the Reporting Person has not been (A) convicted in a
criminal proceeding (excluding traffic violations or similar misdemeanors)
or
(B) 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.
The
reporting person used personal funds and paid $817,500.00 for his shares in
Novastar.
Item
4. Purpose of Transaction.
All
shares held by the Reporting Person in Novastar are for personal investment
purposes. The Reporting Person has no plans or proposals which would be related
to or would result in any of the events or matters described in part (a) through
(j) of Item 4 of Schedule 13D.
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3 -
Item
5. Interest in Securities of the Issuer.
|
(a)
|
The
Reporting Person is the beneficial owner of 16,350,000 shares of
Novastar
Common Stock, representing 13% of the outstanding shares of Novastar’s
Common Stock. The Reporting Person does not own any other securities
of
Novastar.
|
|
|
|
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(b)
|
The
Reporting Person has the sole power to vote and dispose of the 16,350,000
shares.
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|
|
|
|
(c)
|
Not
applicable.
|
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(d)
|
Not
applicable.
|
|
|
|
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(e)
|
Not
applicable.
|
Item
6. Contracts, Arrangements, Understandings or Relationships With Respect to
Securities of the Issuer.
There
are
no contracts, arrangements, understandings or relationships (legal or otherwise)
among the Reporting Person 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, finder’s 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.
Item
7. Material to be Filed as Exhibits.
None.
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4 -
SIGNATURES
After
reasonable inquiry and to the best of m
y knowledge and belief, I certify that
the information set forth in this statement is true, complete and
correct.
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Date:
July 10, 2006
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/s/Chris
Davis
|
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Chris
Davis,
Individual
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5 -