0001161697-13-000160.txt : 20130301 0001161697-13-000160.hdr.sgml : 20130301 20130228193055 ACCESSION NUMBER: 0001161697-13-000160 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20130301 DATE AS OF CHANGE: 20130228 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Fuelstream INC CENTRAL INDEX KEY: 0001024920 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 870561426 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-61547 FILM NUMBER: 13654379 BUSINESS ADDRESS: STREET 1: 10757 RIVER FRONT PARKWAY STREET 2: SUITE 125 CITY: SOUTH JORDAN STATE: UT ZIP: 84095 BUSINESS PHONE: 8018162500 MAIL ADDRESS: STREET 1: 10757 RIVER FRONT PARKWAY STREET 2: SUITE 125 CITY: SOUTH JORDAN STATE: UT ZIP: 84095 FORMER COMPANY: FORMER CONFORMED NAME: SPORTSNUTS INC DATE OF NAME CHANGE: 20011113 FORMER COMPANY: FORMER CONFORMED NAME: SPORTSNUTS COM INTERNATIONAL INC DATE OF NAME CHANGE: 19990420 FORMER COMPANY: FORMER CONFORMED NAME: DURWOOD INC /UT DATE OF NAME CHANGE: 19961015 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Summit Trading Ltd CENTRAL INDEX KEY: 0001538558 IRS NUMBER: 000000000 STATE OF INCORPORATION: C5 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: CHARLOTTE HOUSE, P.O. BOX N-65 STREET 2: CHARLOTTE STREET CITY: NASSAU STATE: C5 ZIP: 000000 BUSINESS PHONE: 386-409-0200 MAIL ADDRESS: STREET 1: CHARLOTTE HOUSE, P.O. BOX N-65 STREET 2: CHARLOTTE STREET CITY: NASSAU STATE: C5 ZIP: 000000 SC 13G 1 sc13g.htm SCHEDULE 13G

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Schedule 13G

 

Under the Securities Exchange Act of 1934

 

FUELSTREAM, INC

(Name of Issuer)

 

Common Stock , $0.0001 par value per share

(Title of Class of Securities)

 

35952M204

(CUSIP Number)

 

February 25, 2013

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

 

o

Rule 13d-1(b)

 

 

þ

Rule 13d-1(c)

 

 

o

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 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).

 

Persons who 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.

 

Page 1 of 5 Pages


CUSIP No. 35952M204

13G

Page 2 of 5 Pages

 

 

1.

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 

  Summit Trading Limited

 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) o

(b) o

 

3.

SEC USE ONLY

 

 

 

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Bahamas

 

 

5.

SOLE VOTING POWER

 

  1,015,889  shares of Common Stock

 

NUMBER OF

SHARES

BENEFICIALLY

6.

SHARED VOTING POWER

 

 

 

OWNED BY

EACH REPORTING

PERSON WITH

7.

SOLE DISPOSITIVE POWER

 

  1,015,889  shares of Common Stock

 

 

8.

SHARED DISPOSITIVE POWER

 

 

 

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  1,015,889  shares of Common Stock

 

10.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

o

 

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  7.8%

 

12.

TYPE OF REPORTING PERSON

 

  CO

 

 

2


Item 1(a).

Name of Issuer:

 

FuelStream, Inc a Delaware corporation

 

Item 1(b).

Address of Issuer’s Principal Executive Offices:

 

510 Shotgun Road, Suite 110

Fort Lauderdale, Florida 33326

 

Item 2(a).

Name of Persons Filing:

 

Summit Trading Limited

 

Item 2(b).

Address of Principal Business Office or, if None, Residence:

 

c/o Corporate Offices

120 Flagler Avenue

New Smyrna Beach, Florida 32169

 

Item 2(c).

Citizenship:

 

Bahamas

 

Item 2(d).

Title of Class of Securities:

 

Common stock, $0.0001 par value per share

 

Item 2(e).

CUSIP Number:

 

35952M204

 

Item 3.

If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:

 

 

(a)

o

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

 

 

 

 

 

(b)

o

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

 

 

 

 

 

(c)

o

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

 

 

 

 

 

(d)

o

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

 

 

 

 

 

(e)

o

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

 

 

 

 

 

(f)

o

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

 

 

 

 

 

(g)

o

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

 

 

 

 

 

(h)

o

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

 

 

 

 

 

(i)

o

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

 

 

 

 

 

(j)

o

Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

 

3


Item 4.

Ownership.

 

 

(a)

Amount beneficially owned:   1,015,889

 

 

 

 

(b)

Percent of class:  7.8%

 

 

 

 

(c)

Number of shares as to which such person has:

 

 

(i)

Sole power to vote or to direct the vote:   1,015,889

 

 

 

 

(ii)

Shared power to vote or to direct the vote:  0

 

 

 

 

(iii)

Sole power to dispose or to direct the disposition of:  1,015,889

 

 

 

 

(iv)

Shared power to dispose or to direct the disposition of:  0

 

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 5 percent of the class of securities, check the following o .

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

 

Not applicable.

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company:

 

Not applicable.

 

Item 8.

Identification and Classification of Members of the Group.

 

Not applicable.

 

Item 9.

Notice of Dissolution of Group.

 

Not applicable.

 

Item 10.

Certifications.

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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 that purpose or effect.

 

4


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:  February 28, 2013

 

/s/ Richard Fixaris

 

 

 

Richard Fixaris

 

 

 

 

 

 

 

Attorney-in-Fact, Summit Trading Ltd.

 

 

5