SEC
1746 (2-98)
POTENTIAL PERSONS WHO ARE TO 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.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. _______)*
NETSOL INTERNATIONAL, INC. 24035 PARK SORRENTO, SUITE 220 CALABASAS, CA 91302
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(Name of Issuer)
COMMON STOCK, PAR VALUE $0.001 PER SHARE
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(Title of Class of Securities)
64115A 10 5
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(CUSIP Number)
OMAR T. ATIQ 7200 S. HAZEL PINE BLUFF, AR 71603
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and communications)
9/20/01 & 10/06/01
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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 Sections 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 Section 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. 64115A 10 5
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1. Names of Reporting Persons, I.R.S. Identification Nos. of above persons
(entities only)
Omar Taimoor Atiq; Mr. and Mrs. Omar Atiq; Atiq LLC; Profit Sharing
Plan for Omar Atiq
________________________________________________________________________________
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
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(b)
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________________________________________________________________________________
3. SEC Use Only
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________________________________________________________________________________
4. Source of Funds (See Instructions) PF
________________________________________________________________________________
5. Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(c) N/A
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________________________________________________________________________________
6. Citizenship or Place of Organization U.S.A.
________________________________________________________________________________
Number of 7. Sole Voting Power 535,348
Shares _________________________________________________________________
Beneficially 8. Shared Voting Power 1,090,300
Owned by
Each _________________________________________________________________
Reporting 9. Sole Dispositive Power 535,348
Person _________________________________________________________________
With 10. Shared Dispositive Power 1,090,300
________________________________________________________________________________
11. Aggregate Amount Beneficially Owned by Each Reporting Person
Omar Atiq: 535,348; Atiq LLC: 250,000;
Mr. and Mrs. Atiq: 840,300
________________________________________________________________________________
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
________________________________________________________________________________
13. Percent of Class Represented by Amount in Row (11) 10.89%
________________________________________________________________________________
14. Type of Reporting Person (See Instructions)
IN, EP, CO, OO (Power of Attorney)
________________________________________________________________________________
INSTRUCTIONS FOR COVER PAGE
Item 1: Security Of the Issuer:
NetSol International, Inc.
24025 Park Sorrento, Suite 220
Calabasas, CA 91302
Common Stock, Par Value $0.001 Per Share; CUSIP Number 64 115A105
Item 2: Identity and Background
(a) Omar Atiq, an individual
(b) Atiq LLC; Mr. And Mrs. Omar Atiq, Managers
7200 South Hazel
Pine Bluff, AR 71603
(c) Physician
7200 South Hazel
Pine Bluff, AR 71603
(d) No.
(e) No.
(f) USA
Item 3: Source and Amount of Funds or Other Consideration
Purchase method was used to obtain securities.
Item 4: Purpose of Transaction
Purpose of transaction-private investment.
(a) None
(b) None
(c) None
(d) None
(e) None
(f) None
(g) None
(h) None
(i) None
(j) None
Item 5: Interest in Securities of the Issuer:
(b) Number of (d) Other
Sole/Joint Voting persons to have
Number and class Power; Power to (c) Transactions power to receive
(a) Identity of securities Dispose within past 60 days dividends etc.
------------ ---------------- ----------------- ------------------- ----------------
Omar Atiq 130,516 common 100% of sole None None
stock; 0.87% voting power
Atiq LLC 250,000 common 100% of sole None CO
stock; 1.66% voting power and
power to dispose
Mr. and Mrs. 840,300 common 100% of joint None None
Omar Atiq stock; 5.6% voting power and
power to dispose
Mr. Atiq Sr. 104,832 common 100% of sole None None
stock; 0.69% voting power and
power to dispose
via power of
attorney
Profit Sharing Plan 300,000 common 100% of sole None EP
for Omar Atiq stock; 2.0% voting power and
power to dispose
Item 6: Contracts, Arrangements, Undertaking, or Relationships with Respect to
Securities of the Issuer.
None.
Item 7: Material to Be Filed as Exhibits.
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.
10/28/01
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Date
/s/ OMAR TAIMOOR ATIQ
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Signature
Omar Taimoor Atiq
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Name/Title
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)