-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ux9/ga+VyevdtvRxXnqEdXDIbDsatmnpIU40iuqm0GaM7QB/VG92YrlpfnfgoXqO iZme7mDFnvZ0DxwxFv0cCQ== 0000893220-05-002388.txt : 20051026 0000893220-05-002388.hdr.sgml : 20051026 20051026151606 ACCESSION NUMBER: 0000893220-05-002388 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20051026 DATE AS OF CHANGE: 20051026 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EDENTIFY, INC. CENTRAL INDEX KEY: 0001091938 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 000000000 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-80119 FILM NUMBER: 051156902 BUSINESS ADDRESS: STREET 1: 74 WEST BROAD STREET STREET 2: SUITE 350 CITY: BETHLEHEM STATE: PA ZIP: 18018 BUSINESS PHONE: 6108146830 MAIL ADDRESS: STREET 1: 74 WEST BROAD STREET STREET 2: SUITE 350 CITY: BETHLEHEM STATE: PA ZIP: 18018 FORMER COMPANY: FORMER CONFORMED NAME: BUDGETHOTELS NETWORK INC DATE OF NAME CHANGE: 20030516 FORMER COMPANY: FORMER CONFORMED NAME: BUDGETHOTELS COM INC DATE OF NAME CHANGE: 19990728 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DeFranco Terrence CENTRAL INDEX KEY: 0001341291 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: BUSINESS PHONE: 610-814-6830 MAIL ADDRESS: STREET 1: 74 W. BROAD ST. STREET 2: SUITE 350 CITY: BETHLEHEM STATE: PA ZIP: 18018 SC 13D 1 w13927sc13d.txt SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 SCHEDULE 13D (RULE 13D-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) EDENTIFY, INC. (formerly known as Budgethotels Network, Inc.) (Name of Issuer) COMMON STOCK, $0.001 PAR VALUE PER SHARE (Title of Class of Securities) 279657 10 0 (CUSIP Number) TERRENCE DEFRANCO 74 W. Broad Street, Suite 350 Bethlehem, PA 18018 (610) 814-6830 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) JULY 13, 2005 (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 Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [ ] SCHEDULE 13D - ---------------------- -------------------------------------------- ----------- CUSIP NO. 279657 10 0 Page 2 of 4 - ---------------------- ------------------------------------------- ------------ - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS TERRENCE DEFRANCO ###-##-#### - ------ ------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - ------ ------------------------------------------------------------------------ 3 SEC USE ONLY - ------ ------------------------------------------------------------------------ 4 SOURCE OF FUNDS 00 - ------ ------------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ------ ------------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION Pennsylvania - ------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER 8,262,754 SHARES ----------- ------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER [0] OWNED BY ----------- ------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER 8,262,754 REPORTING ----------- ------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER [0] - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,262,754 - ------ ------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ------ ------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) APPROXIMATELY 33.7% - ------ ------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON IN - ------ ------------------------------------------------------------------------ SCHEDULE 13D ITEM 1. SECURITY AND ISSUER: This statement relates to shares of common stock, $0.001 par value per share (the "Common Stock"), of Edentify, Inc. (f/k/a Budgethotels Network, Inc.), a Nevada corporation (the "Issuer"). The principal executive offices of the Issuer are located at 74 West Broad Street, Suite 350, Bethlehem, Pennsylvania 18018. ITEM 2. IDENTITY AND BACKGROUND: This statement is being filed by Terrence DeFranco, an individual who is the Chief Executive Officer and a director of the Company (the "Reporting Person"). The business address of the Reporting Person is 74 W. Broad Street, Suite 350, Bethlehem, Pennsylvania 18018. The Reporting Person has not been convicted, during the last five years, in a criminal proceeding (excluding traffic violations or similar misdemeanors). The Reporting Person has not been, during the last five years, 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. Reporting Person is a citizen of the United States. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION: Pursuant to the terms of a Share Exchange Agreement, dated as of March 29, 2005, between the Issuer (then known as Budgethotels Network, Inc.) and the Reporting Person and Edentify, Inc., a Delaware corporation (the "Share Exchange Agreement"), the Issuer was required to issue to the Reporting Person and his nominees, as of April 29, 2005, approximately 21,610,255 shares of Common Stock on a post 1-for-10 reverse split basis. More specifically, Reporting Person received 19,000,000 shares prior to the 1-for-10 reverse split by the Issuer (or 1,900,000 on a post split basis) and 6,362,754 were issued post split, for a total of 8,262,754 shares to the Reporting Person and approximately 13,347,501 shares were issued to his nominees. ITEM 4. PURPOSE OF TRANSACTION: The Reporting Person has acquired the Common Stock with an intent to exercise any control over the Issuer. The Reporting Person is also the Chief Executive Officer of the Issuer. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER: The Reporting Person has sole voting power over 8,262,754 shares and sole dispositive power over 8,262,754 shares as of July 13, 2005. As such, the Reporting Person beneficially owned, as of such date, approximately 33.7% of the outstanding Common Stock. The Reporting Person has not effected any transactions in the Common Stock other than as reported herein during the past 60 days. No person other than the Reporting Person has any right to receive or the power to direct the receipt of dividends from, or the proceeds of the sale of, any of the Common Stock beneficially owned by the Reporting Person. 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 or between such persons and any other person with respect to any securities of the Issuer, including but not limited to transfer or voting of any such 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: Exhibit 1 Reporting Person hereby incorporates by reference Exhibit 10.1 to Issuer's Report on form 8-K filed on May 5, 2005. 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. Dated: October 26, 2005 By: /s/ Terrence DeFranco -------------------------- Terrence DeFranco -----END PRIVACY-ENHANCED MESSAGE-----