UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
LIAONING NENGFA WEIYE NEW ENERGY APPLICATION CO LTD NO 7 HUANGHE NAN DA STREET HUANGGU DISTRICT SHENGYANG CITY LIAONING, F4 110031 |
 |  X |  |  |
/s/ Liaoning Nengfa Weiye New Energy Application Co., Ltd. | 03/07/2008 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | On January 10, 2008, Li Gang and Wang Lihua transferred an aggregate of 25,811,429 shares in NFES (the "Shares") to Pelaria International Ltd. ("Pelaria") and Cloverbay International Limited ("Cloverbay") for a total sales price of $1,352,228.58. Pelaria and Cloverbay are wholly owned by Hong Kong Nengfa New Energy Development Co., Limited, which is a wholly-owned subsidiary of Liaoning Nengfa Weiye New Energy Application Co., Ltd. ("Weiye Energy"). Weiye Energy is owned by Li Gang and Wang Lihua, each holding 80% and 20%, respectively. The amount of Shares deemed to be indirectly beneficially owned by Li Gang represents his 80% interest in the Shares owned by Weiye Energy. Mr. Li's and Ms. Wang's ownership is reflected in their separate filings. |