-----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, CTmkM8lYLQtMBnMhBWe5jlna8xg5siSp4RcPJ30ipn2GNpPrm4O+EMo8Zc+W44oY pyXMwjDFjLZWw3fknxs8YQ== 0001255294-07-000442.txt : 20070530 0001255294-07-000442.hdr.sgml : 20070530 20070530142106 ACCESSION NUMBER: 0001255294-07-000442 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070530 DATE AS OF CHANGE: 20070530 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Debut Broadcasting Corporation, Inc. CENTRAL INDEX KEY: 0001254371 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 880417389 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-82883 FILM NUMBER: 07886831 BUSINESS ADDRESS: STREET 1: 1209-16TH AVENUE SOUTH STREET 2: SUITE 200 CITY: NASHVILLE STATE: TN ZIP: 37212 BUSINESS PHONE: 615-866-0530 MAIL ADDRESS: STREET 1: 1209-16TH AVENUE SOUTH STREET 2: SUITE 200 CITY: NASHVILLE STATE: TN ZIP: 37212 FORMER COMPANY: FORMER CONFORMED NAME: CALIFORNIA NEWS TECH DATE OF NAME CHANGE: 20030715 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Ludwig Steven CENTRAL INDEX KEY: 0001401236 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: BUSINESS PHONE: 615-866-0530 MAIL ADDRESS: STREET 1: 1206-16TH AVENUE SOUTH STREET 2: SUITE 200 CITY: NASHVILLE STATE: TN ZIP: 37212 SC 13D 1 schedule13d.htm SCHEDULE 13D Schedule 13D
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment _____)*

Debut Broadcasting Corporation, Inc.
________________________________________________________________________________
(Name of Issuer)

COMMON STOCK, $0.003 PER SHARE PAR VALUE
________________________________________________________________________________
(Title of Class of Securities)

24276P 101
______________________________________
(CUSIP Number)

Steven Ludwig
Debut Broadcasting Corporation, Inc.
1209-16th Avenue South, Suite 200
Nashville TN 37212
________________________________________________________________________________
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)


May 17, 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 Rule 13d-1(b)(3) or (4), check the following box [ ].

*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 the disclosures provided in a prior cover page.

The information required in 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. 24276P 101

1. Names of Reporting Persons:  Steven Ludwig
I.R.S. Identification Nos. of above persons (entities only): N/A


2.
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
[_]
(b)
[_]


3.
SEC Use Only:


4. Source of Funds (See Instruction): OO 

5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):  [ ]


6.
Citizenship or Place of Organization: USA


Number of Shares Beneficially by Owned by Each Reporting Person With:

7. Sole Voting Power:   3, 451,316 SHARES
 
8. Shared Voting Power:   N/A
 
9. Sole Dispositive Power:  3, 451,316 SHARES

10. Shared Dispositive Power:  N/A


11. Aggregate Amount Beneficially Owned by Each Reporting Person:  3,451,316 SHARES


12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions): [ ]


13.
Percent of Class Represented by Amount in Row (11): 17.4 %


14.
Type of Reporting Person (See Instructions): IN
  



 
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CUSIP NO. 24276P 101
 
ITEM 1. SECURITY AND ISSUER.

This Statement on Schedule 13D relates to the common stock, par value $0.003 per share (the "Shares"), of Debut Broadcasting Corporation, Inc., a Nevada Corporation (the "Issuer"), and is being filed by Steven Ludwig (the "Reporting Person"). The Issuer's current principal executive offices are located at
1209-16th Avenue South, Suite 200, Nashville, TN 37212.


ITEM 2. IDENTITY AND BACKGROUND

(a)
Name. The name of the Reporting Person is Steven Ludwig.

(b)
Business Address. The business address of the Reporting Person is 1209-16th Avenue South, Suite 200, Nashville TN 37212.

(c)
Occupation and Employment. Steven Ludwig is Chief Executive Officer and President of Debut Broadcasting Corporation, Inc.

(d)
Criminal Proceedings. During the previous five (5) years, the Reporting Person has not been convicted in any criminal proceeding (excluding traffic violations or similar misdemeanors).

(e)
Civil Proceedings. During the previous five (5) years, the Reporting Person has not been party to a civil proceeding of any of a judicial or administrative body of competent jurisdiction such that, as a result of such proceeding, the Reporting Person was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activity subject to, federal or state securities laws or finding any violation with respect to such laws.

(f)
Citizenship.

ITEM 3.  SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.

The shares to which this statement relates were acquired by Steven Ludwig in connection with the Agreement and Plan of Merger between California News Tech, a Nevada Corporation, its wholly owned subsidiary, DB Acquisition, Inc., a Nevada Corporation and Debut Broadcasting Corporation, Inc., a Tennessee corporation.

ITEM 4. PURPOSE OF TRANSACTION

The purpose of this Schedule 13D is to report the acquisition by the Reporting Person of 3,451,316 shares of the Issuer’s common stock, an amount equal to 17.4% of the Issuer’s issued and outstanding common stock as of May 21, 2007).

Other than as reported in the Form 8K filed on May 22, 2007 regarding the acquisition, the Reporting Person does not have any current plans or proposals which would relate to or would result in:

(a)
the acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer;

(b)
any extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries;

(c)
a sale or transfer of a material amount of the assets of the Issuer or any of its subsidiaries;
 
 
 
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CUSIP NO. 24276P 101

(d)
any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board;

(e)
any material change in the present capitalization or dividend policy of the Issuer;

(f)
any other material change in the Issuer's business or corporate structure including, but not limited to, if the Issuer is a registered closed-end investment company, any plans or proposals to make any changes in its investment policy for which a vote is required by Section 13 of the Investment Company Act of 1940;
 
(g)
changes in the Issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede acquisition of control of the Issuer by any person;

(h)
causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association;

(i)
a class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or

(j)
the acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer;

(k)
any action similar to any of those enumerated above.

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.

(a)       Aggregate Number and Percentage of Securities. The Reporting Person is the beneficial owner of
           3,451,316 shares of Common Stock of the Issuer, representing approximately 17.4 % of the Issuer's
               common stock (based upon 19,794,381 shares of common stock outstanding at May 21, 2007),

(b)
Power to Vote and Dispose. The Reporting Person has sole voting and dispositive power over the Shares identified in response to Item 5(a) above.

(c)
Transactions within the Past 60 Days. The Reporting Person has not effected any other transactions in the Issuer's securities, including shares of the Issuer's common stock, within sixty (60) days preceding the date hereof.

(d)
Certain Rights of Other Persons. Not applicable.

(e)
Date Ceased to be a 5% Owner. Not applicable.

ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER.

Other than as reported in the Form 8K filed on May 22, 2007 regarding the acquisition, the Reporting Person does not have any contract, arrangement, understanding or relationship with respect to 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. Further, the Reporting Person has not pledged securities of the Issuer nor are the securities of the Issuer
 
 
 
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CUSIP NO. 24276P 101
 
 
held by the Reporting Person subject to a contingency, the occurrence of which would give another person voting power or investment power over such securities.

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.

 
 
Date: May 30, 2007


 

/s/ Steve Ludwig  
  Steven Ludwig

























 
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