0001364560-11-000012.txt : 20111205 0001364560-11-000012.hdr.sgml : 20111205 20111205113916 ACCESSION NUMBER: 0001364560-11-000012 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20111205 DATE AS OF CHANGE: 20111205 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SAVANNA EAST AFRICA, INC. CENTRAL INDEX KEY: 0001096915 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 980211769 STATE OF INCORPORATION: NV FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-57547 FILM NUMBER: 111242351 BUSINESS ADDRESS: STREET 1: 2520 SOUTH THIRD STREET, #206 CITY: LOUISVILLE STATE: KY ZIP: 40208 BUSINESS PHONE: 502-636-2807 MAIL ADDRESS: STREET 1: 2520 SOUTH THIRD STREET, #206 CITY: LOUISVILLE STATE: KY ZIP: 40208 FORMER COMPANY: FORMER CONFORMED NAME: NOVA ENERGY, INC. DATE OF NAME CHANGE: 20080807 FORMER COMPANY: FORMER CONFORMED NAME: PCSUPPORT COM INC DATE OF NAME CHANGE: 19991014 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Tonaquint, Inc. CENTRAL INDEX KEY: 0001533124 IRS NUMBER: 870319408 STATE OF INCORPORATION: UT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 303 EAST WACKER DRIVE SUITE 1200 CITY: CHICAGO STATE: IL ZIP: 60601 BUSINESS PHONE: 312-297-7008 MAIL ADDRESS: STREET 1: 303 EAST WACKER DRIVE SUITE 1200 CITY: CHICAGO STATE: IL ZIP: 60601 SC 13G 1 nvae_13g.htm TONAQUINT 13G NVAE nvae_13g.htm



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549

SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934

Savanna East Africa, Inc.
(formerly, Nova Energy, Inc.)
(Name of Issuer)

Common Stock, $0.001 par value
(Title of Class of Securities)

69325X100
(CUSIP Number)

April 6, 2010
(Date of Event which requires filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
q
Rule 13d-1(b)

þ
Rule 13d-1(c)

q
Rule 13d-1(d)


*
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 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).

 



SCHEDULE 13G  
             
 
CUSIP No. 69325X100
 
  1 
 
Names of reporting persons
 
Tonaquint, Inc.  (87-0285597)
  2
 
Check the appropriate box if a member of a group
(a)  ¨        (b)  ¨
 
  3
 
SEC use only
 
4
 
Citizenship or place of organization
 
Utah
Number of
shares
beneficially
owned by
each
reporting
person
with
  
  5 
  
Sole voting power
 
375,863 * 
  
  6
  
Shared voting power 
  
  
  7
  
Sole dispositive power
 
375,863 *  
  
8
  
Shared dispositive power 
 
9
 
Aggregate amount beneficially owned by each reporting person
 
375,863 *
10
 
Check box if the aggregate amount in Row 9 excludes certain shares (see instructions)  ¨
 
11
 
Percent of class represented by amount in Row 9
 
 9.9% *
12
 
Type of reporting person (see instructions)
 
CO
 
* On the date of the event which requires filing of this Statement, reporting person Tonaquint, Inc. (“Tonaquint”) had rights (i) to convert a certain Secured Convertible Promissory Note into shares of the Issuer’s common stock and (ii) to purchase shares of the Issuer’s common stock pursuant to a certain Warrant to Purchase Shares of Common Stock, both of which are dated April 5, 2010, and described in the Issuer’s Current Report on Form 8-K filed on April 19, 2010.  Such rights, if fully exercised, would have resulted in the issuance to Tonaquint of a number of shares of the Issuer’s common stock in excess of a 9.99% cap, set forth in such instruments, on Tonaquint’s ownership of the Issuer’s common stock.  Under this cap, the maximum number of shares of the Issuer’s common stock issuable to Tonaquint was 375,863 shares, based on 3,672,400 outstanding shares of the Issuer’s common stock as of April 5, 2010, according to the Issuer’s representation and warranty contained in Section 4(c) of the Note and Warrant Purchase Agreement dated April 5, 2010, between Tonaquint and the Issuer, which is Exhibit 10.1 to the Issuer’s Current Report on Form 8-K filed on April 19, 2010.

 


 
SCHEDULE 13G  
             
 
CUSIP No. 69325X100
 
 
Names of reporting persons
 
Utah Resources International, Inc.  (87-0273519)
2
 
Check the appropriate box if a member of a group
(a)  ¨        (b)  ¨
 
3
 
SEC use only
 
4
 
Citizenship or place of organization
 
Utah
Number of
shares
beneficially
owned by
each
reporting
person
with
  
 5 
  
Sole voting power
 
375,863 *
  
 6
  
Shared voting power 
  
  
 7
  
Sole dispositive power
 
375,863 *
  
 8
  
Shared dispositive power 
 
9
 
Aggregate amount beneficially owned by each reporting person
 
375,863 *
10
 
Check box if the aggregate amount in Row 9 excludes certain shares (see instructions)  ¨
 
11
 
Percent of class represented by amount in Row 9
 
9.9% *
12
 
Type of reporting person (see instructions)
 
CO
 
* Reporting person Utah Resources International, Inc. is the sole shareholder of reporting person Tonaquint, Inc. (“Tonaquint”).

On the date of the event which requires filing of this Statement, Tonaquint had rights (i) to convert a certain Secured Convertible Promissory Note into shares of the Issuer’s common stock and (ii) to purchase shares of the Issuer’s common stock pursuant to a certain Warrant to Purchase Shares of Common Stock, both of which are dated April 5, 2010, and described in the Issuer’s Current Report on Form 8-K filed on April 19, 2010.  Such rights, if fully exercised, would have resulted in the issuance to Tonaquint of a number of shares of the Issuer’s common stock in excess of a 9.99% cap, set forth in such instruments, on Tonaquint’s ownership of the Issuer’s common stock.  Under this cap, the maximum number of shares of the Issuer’s common stock issuable to Tonaquint was 375,863 shares, based on 3,672,400 outstanding shares of the Issuer’s common stock as of April 5, 2010, according to the Issuer’s representation and warranty contained in Section 4(c) of the Note and Warrant Purchase Agreement dated April 5, 2010, between Tonaquint and the Issuer, which is Exhibit 10.1 to the Issuer’s Current Report on Form 8-K filed on April 19, 2010.

 


 
SCHEDULE 13G  
             
 
CUSIP No. 69325X100
 
  1 
 
Names of reporting persons
 
Inter-Mountain Capital I Corp.  (36-4075407)
  2
 
Check the appropriate box if a member of a group
(a)  ¨        (b)  ¨
 
  3
 
SEC use only
 
4
 
Citizenship or place of organization
 
Utah
Number of
shares
beneficially
owned by
each
reporting
person
with
  
 5 
  
Sole voting power
 
375,863 *
  
 6
  
Shared voting power 
  
  
 7
  
Sole dispositive power
 
375,863 *
  
 8
  
Shared dispositive power 
 
9
 
Aggregate amount beneficially owned by each reporting person
 
375,863 *
10
 
Check box if the aggregate amount in Row 9 excludes certain shares (see instructions)  ¨
 
11
 
Percent of class represented by amount in Row 9
 
9.9% *
12
 
Type of reporting person (see instructions)
 
CO
 
* Reporting person Inter-Mountain Capital I Corp. is the sole shareholder of reporting person Utah Resources International, Inc., which is the sole shareholder of reporting person Tonaquint, Inc. (“Tonaquint”).

On the date of the event which requires filing of this Statement, Tonaquint had rights (i) to convert a certain Secured Convertible Promissory Note into shares of the Issuer’s common stock and (ii) to purchase shares of the Issuer’s common stock pursuant to a certain Warrant to Purchase Shares of Common Stock, both of which are dated April 5, 2010, and described in the Issuer’s Current Report on Form 8-K filed on April 19, 2010.  Such rights, if fully exercised, would have resulted in the issuance to Tonaquint of a number of shares of the Issuer’s common stock in excess of a 9.99% cap, set forth in such instruments, on Tonaquint’s ownership of the Issuer’s common stock.  Under this cap, the maximum number of shares of the Issuer’s common stock issuable to Tonaquint was 375,863 shares, based on 3,672,400 outstanding shares of the Issuer’s common stock as of April 5, 2010, according to the Issuer’s representation and warranty contained in Section 4(c) of the Note and Warrant Purchase Agreement dated April 5, 2010, between Tonaquint and the Issuer, which is Exhibit 10.1 to the Issuer’s Current Report on Form 8-K filed on April 19, 2010.

 


 
SCHEDULE 13G  
             
 
CUSIP No. 69325X100
 
  1 
 
Names of reporting persons
 
JFV Holdings, Inc.  (36-4426825)
  2
 
Check the appropriate box if a member of a group
(a)  ¨        (b)  ¨
 
  3
 
SEC use only
 
4
 
Citizenship or place of organization
 
Illinois
Number of
shares
beneficially
owned by
each
reporting
person
with
  
 5 
  
Sole voting power
 
375,863 *
  
 6
  
Shared voting power 
  
  
 7
  
Sole dispositive power
 
375,863 *  
  
 8
  
Shared dispositive power 
 
9
 
Aggregate amount beneficially owned by each reporting person
 
375,863 *
10
 
Check box if the aggregate amount in Row 9 excludes certain shares (see instructions)  ¨
 
11
 
Percent of class represented by amount in Row 9
 
9.9% *
12
 
Type of reporting person (see instructions)
 
CO
 
* Reporting person JFV Holdings, Inc. is the sole shareholder of Inter-Mountain Capital I Corp., which is the sole shareholder of reporting person Utah Resources International, Inc., which is the sole shareholder of reporting person Tonaquint, Inc. (“Tonaquint”).

On the date of the event which requires filing of this Statement, Tonaquint had rights (i) to convert a certain Secured Convertible Promissory Note into shares of the Issuer’s common stock and (ii) to purchase shares of the Issuer’s common stock pursuant to a certain Warrant to Purchase Shares of Common Stock, both of which are dated April 5, 2010, and described in the Issuer’s Current Report on Form 8-K filed on April 19, 2010.  Such rights, if fully exercised, would have resulted in the issuance to Tonaquint of a number of shares of the Issuer’s common stock in excess of a 9.99% cap, set forth in such instruments, on Tonaquint’s ownership of the Issuer’s common stock.  Under this cap, the maximum number of shares of the Issuer’s common stock issuable to Tonaquint was 375,863 shares, based on 3,672,400 outstanding shares of the Issuer’s common stock as of April 5, 2010, according to the Issuer’s representation and warranty contained in Section 4(c) of the Note and Warrant Purchase Agreement dated April 5, 2010, between Tonaquint and the Issuer, which is Exhibit 10.1 to the Issuer’s Current Report on Form 8-K filed on April 19, 2010.

 


 
SCHEDULE 13G
             
 
CUSIP No. 69325X100
 
  1 
 
Names of reporting persons
 
John M. Fife
  2
 
Check the appropriate box if a member of a group
(a)  ¨        (b)  ¨
 
  3
 
SEC use only
 
4
 
Citizenship or place of organization
 
United States of America
Number of
shares
beneficially
owned by
each
reporting
person
with
  
 5 
  
Sole voting power
 
375,863 *
  
 6
  
Shared voting power 
  
  
 7
  
Sole dispositive power
 
375,863 *
  
 8
  
Shared dispositive power 
 
9
 
Aggregate amount beneficially owned by each reporting person
 
375,863 *
10
 
Check box if the aggregate amount in Row 9 excludes certain shares (see instructions)  ¨
 
11
 
Percent of class represented by amount in Row 9
 
9.9% *
12
 
Type of reporting person (see instructions)
 
IN
 
* Reporting person John M. Fife is the sole shareholder of reporting person JFV Holdings, Inc., which is the sole shareholder of Inter-Mountain Capital I Corp., which is the sole shareholder of reporting person Utah Resources International, Inc., which is the sole shareholder of reporting person Tonaquint, Inc. (“Tonaquint”).

On the date of the event which requires filing of this Statement, Tonaquint had rights (i) to convert a certain Secured Convertible Promissory Note into shares of the Issuer’s common stock and (ii) to purchase shares of the Issuer’s common stock pursuant to a certain Warrant to Purchase Shares of Common Stock, both of which are dated April 5, 2010, and described in the Issuer’s Current Report on Form 8-K filed on April 19, 2010.  Such rights, if fully exercised, would have resulted in the issuance to Tonaquint of a number of shares of the Issuer’s common stock in excess of a 9.99% cap, set forth in such instruments, on Tonaquint’s ownership of the Issuer’s common stock.  Under this cap, the maximum number of shares of the Issuer’s common stock issuable to Tonaquint was 375,863 shares, based on 3,672,400 outstanding shares of the Issuer’s common stock as of April 5, 2010, according to the Issuer’s representation and warranty contained in Section 4(c) of the Note and Warrant Purchase Agreement dated April 5, 2010, between Tonaquint and the Issuer, which is Exhibit 10.1 to the Issuer’s Current Report on Form 8-K filed on April 19, 2010.

 


 
ITEM 1
(a)
 
 
Name of Issuer:
 
Savanna East Africa, Inc. (formerly, Nova Energy, Inc.)

 
(b) 
Address of Issuer’s Principal Executive Offices:
 
2520 South Third Street #206
Louisville, KY 40208
 
ITEM 2
(a)
Name of Person Filing:
 
This report is filed by Tonaquint, Inc., Utah Resources International, Inc., Inter-Mountain Capital I Corp., JFV Holdings, Inc., and John M. Fife with respect to the shares of Common Stock, $0.001 par value per share, of the Issuer that are directly beneficially owned by Tonaquint, Inc. and indirectly beneficially owned by the other reporting and filing persons (the “Shares”).

 
(b) 
Address of Principal Business Office, or, if None, Residence:
 
The address of the principal business office of each reporting and filing person is:
303 East Wacker Drive, Suite 1200, Chicago, IL 60601

 
(c)
Citizenship:
 
Tonaquint, Inc. is a Utah corporation.
Utah Resources International, Inc. is a Utah corporation.
Inter-Mountain Capital I Corp. is a Utah corporation.
JFV Holdings, Inc. is an Illinois corporation.
John M. Fife is a United States citizen.

 
(d)
Title of Class of Securities:
 
Common Stock, $0.001 par value per share.

 
(e)
CUSIP Number:
 
69325X100

ITEM 3:
If this Statement if Filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:

 
q
a.
Broker or dealer registered under Section 15 of the Exchange Act.

 
q
b.
Bank as defined in Section 3(a)(6) of the Exchange Act.

 
q
c.
Insurance company as defined in Section 3(a)(19) of the Exchange Act.

 
q
d.
Investment company registered under Section 8 of the Investment Company Act.

 
q
e.
An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E)

 
q
f.
An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F)

 
q
g.
A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G)

 
q
h.
A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act

 
q
i.
A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act

 
q
j.
Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
 
 
ITEM 4:
Ownership
 
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
 
 
(a) 
Amount beneficially owned: See Item 9 of the cover pages.
 
 
(b) 
Percent of class:  See Item 11 of the cover pages.
 
 
(c) 
Number of shares as to which such person has:
 
 
(i) 
Sole power to vote or to direct the vote:  See Item 5 of the cover pages.

 
(ii) 
Shared power to vote or to direct the vote:  See Item 6 of the cover pages.

 
(iii) 
Sole power to dispose or to direct the disposition of:  See Item 7 of the cover pages.
 
 
(iv) 
Shared power to dispose or to direct the disposition of:  See Item 8 of the cover pages.


ITEM 5: 
Ownership of Five Percent or Less of a Class.
 
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities check the following box: q

  
ITEM 6: 
Ownership of More than Five Percent on Behalf of Another Person.

N/A 
 
ITEM 7:
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
 
N/A
 
ITEM 8:
Identification and Classification of Members of the Group.
 
N/A
 
ITEM 9:
Notice of Dissolution of Group.
 
N/A
 
ITEM 10: 
Certifications.
 
By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect.

 


 
SIGNATURES
 
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:  December __, 2011
TONAQUINT, INC.
 
By:           /s/ John M Fife
Name:           John M. Fife
Title:           President
 
 
 
Dated:  December __, 2011
 
UTAH RESOURCES INTERNATIONAL, INC.
 
By:           /s/ John M Fife
Name:           John M. Fife
Title:           President
 
 
 
Dated:  December __, 2011
INTER-MOUNTAIN CAPITAL I, INC.
 
By:           /s/ John M Fife
Name:           John M. Fife
Title:           President
 
 
 
Dated:  December __, 2011
JFV HOLDINGS, INC.
 
By:           /s/ John M Fife
Name:           John M. Fife
Title:           President
 
 
 
Dated:  December __, 2011
JOHN M. FIFE
 
/s/ John M Fife
 
 
 



 
ANNEX 1
 
JOINT FILING AGREEMENT
 
In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the Common Stock of Savanna East Africa, Inc. (formerly, Nova Energy, Inc.), and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filings. In evidence thereof, the undersigned, being duly authorized, have executed this Joint Filing Agreement on the date(s) written below.


Dated:  December __, 2011
TONAQUINT, INC.
 
By:           /s/ John M Fife
Name:           John M. Fife
Title:           President
 
 
 
Dated:  December __, 2011
 
UTAH RESOURCES INTERNATIONAL, INC.
 
By:           /s/ John M Fife
Name:           John M. Fife
Title:           President
 
 
 
Dated:  December __, 2011
INTER-MOUNTAIN CAPITAL I, INC.
 
By:           /s/ John M Fife
Name:           John M. Fife
Title:           President
 
 
 
Dated:  December __, 2011
JFV HOLDINGS, INC.
 
By:           /s/ John M Fife
Name:           John M. Fife
Title:           President
 
 
 
Dated:  December __, 2011
JOHN M. FIFE
 
/s/ John M Fife
 
 
 

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