-----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, Lb0gQH7qvmlnE7t0AoPqlfzOO1XzmKh4NVx6+r/4Xv+ZHaHjo2CZS9wl5EmeGKwH ZcbjpJHAMK4hflBb8389mA== 0001173473-06-000179.txt : 20060831 0001173473-06-000179.hdr.sgml : 20060831 20060830183952 ACCESSION NUMBER: 0001173473-06-000179 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060831 DATE AS OF CHANGE: 20060830 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BAUM MARK L CENTRAL INDEX KEY: 0001274282 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 249 SOUTH HIGHWAY 101 CITY: SOLANA BEACH STATE: CA ZIP: 92075 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: QUEST OIL CORP CENTRAL INDEX KEY: 0001089104 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 980207745 STATE OF INCORPORATION: NV FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-81997 FILM NUMBER: 061066404 BUSINESS ADDRESS: STREET 1: 2038 CORTE DEL NOGAL STREET 2: SUITE 110 CITY: CARLSBAD STATE: CA ZIP: 92008 BUSINESS PHONE: 760-804-8844 MAIL ADDRESS: STREET 1: 2038 CORTE DEL NOGAL STREET 2: SUITE 110 CITY: CARLSBAD STATE: CA ZIP: 92008 FORMER COMPANY: FORMER CONFORMED NAME: GAMESTATE ENTERTAINMENT INC DATE OF NAME CHANGE: 20031007 FORMER COMPANY: FORMER CONFORMED NAME: LUNA MEDICAL TECHNOLOGIES INC DATE OF NAME CHANGE: 19990618 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 No. ______)*
 
QUEST OIL CORPORATION
(Name of Issuer)
 
Common Stock, $.001 par value
(Title of Class of Securities)
 
74836C108
(CUSIP Number)
 
Mark L. Baum, Esq.
2038 Corte Del Nogal, Suite 110
Carlsbad, CA 92011
760-804-8844
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
August 28, 2006
(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 §§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 §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. 74836C108


 
1.
 
Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).
 
 
Mark L. Baum, Esq.
 
2.
 
Check the Appropriate Box if a Member of a Group
 
(a)
(b)
 
3.
 
SEC Use Only
 
4.
 
Source of Funds
 
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
Owned by
Each
Reporting
Person
With
 
7.
 
Sole Voting Power
 
4,115,000 (see Item 5)
 
8.
 
Shared Voting Power
 
375,000 (see Item 5)
 
9.
 
Sole Dispositive Power
 
4,115,000
 
10.
 
Shared Dispositive Power
 
375,000
 
11.
 
Aggregate Amount Beneficially Owned
 
by Each Reporting Person
 
4,490,000
 
12.
 
Check if the Aggregate Amount in Row (11) Excludes Certain Shares
 
 
13.
 
Percent of Class Represented by Amount in Row (11)
 
6.1%
 
14.
 
Type of Reporting Person (See Instructions)
 
IN

 
Item 1. Security and Issuer
 
Title of Class of Equity Securities: Common Stock, $.001 par value

Address of Issuer:    2038 Corte Del Nogal, Suite 110, Carlsbad, CA 92011

Item 2. Identity and Background
 
(a) Mark L. Baum, Esq.

(b) 2038 Corte Del Nogal, Suite 110, Carlsbad, CA 92011

(c) General Counsel, Quest Oil Corporation, 2038 Corte Del Nogal, Suite 110, Carlsbad, CA 92011

(d) Reporting person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) during the last five years.

(e) Reporting person has not been a party to a civil proceeding of a judicial or administrative body resulting in 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.

(f) USA

Item 3. Source and Amount of Funds or Other Consideration
 
On April 24, 2006, the Board of Directors of Quest Oil Corporation, a Nevada Corporation, approved an employment contract with Mr. Mark L. Baum, Esq. to serve as general counsel for the company. Pursuant to the agreement, Mr. Baum was issued 4,000,000 “cashless” common stock purchase warrants. The warrants are exercisable for a term of 5 years at an exercise price equal to 110% of the closing market price as of April 24, 2006 and vest at a rate of 2,000,000 shares upon execution of the Agreement and 500,000 shares every 90 days thereafter. This Schedule 13D assumes the full issuances of the 4,000,000 warrants under Mr. Baum’s employment agreement.
 
On April 24, the Quest Oil Corporation Board of Directors voted in approval of issuing 150,000 shares of the corporation’s common stock to Mr. Baum for past legal services rendered to the company.
 
The above referenced shares are in addition to 40,000 shares previously held by Mr. Baum and 375,000 shares previously held by Business Consulting Group Unlimited, Inc. of which Mr. Baum is a principal.
 
Item 4. Purpose of Transaction

See Item 3 above.

(a) Not Applicable.

(b)  Not Applicable.

(c)  Not Applicable.

(d) Not Applicable.

(e)  Not Applicable.

(f)  Not Applicable.

(g)  Not Applicable.

(h) Not Applicable.

(i) Not Applicable.

(j) Not Applicable.





Item 5. Interest in Securities of the Issuer
 
1. (a) The aggregate number of shares of common stock to which this Schedule 13D relates is 4,490,000 shares, representing 6.1% of the 72,921,266 shares of Quest Oil Corporation’s common stock outstanding as of August 24, 2006.
 
(b) Mr. Baum has sole voting and dispositive power over 4,115,000 shares of Quest Oil Corporation common stock which he owns solely in his name. Mr. Baum has shared voting and dispositive power over 375,000 shares of Quest Oil Corporation common stock held by Business Consulting Group Unlimited, Inc., of which he is a principal.
 
(c) See Item 3, above.
 
(d) Not Applicable.
 
(e) Not Applicable.
 
Item 6.
Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
 
See Item 3, above.
 
Item 7. Material to Be Filed as Exhibits
 
Not Applicable
 
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.
 
August 28, 2006      /s/ Mark L. Baum, Esq.
_______________________________
Mark L. Baum, Esq.

.

 
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