Amended Statement of Beneficial Ownership (3/A)
Date : 04/21/2009 @ 3:10PM
Source : Edgar (US Regulatory)
Stock : Network Holdings Int (OTC) (NETW)
Quote : 0.0001 0.0 (0.00%) @ 2:05AM
- Amended Statement of Beneficial Ownership (3/A)
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
1. Name and Address of Reporting Person *
James JayCee
2. Date of Event Requiring Statement (MM/DD/YYYY)
4/21/2009
3. Issuer Name and Ticker or Trading Symbol
NETWORK HOLDINGS INTERNATIONAL INC [VFTR]
(Last) (First) (Middle)
9298 SVL BOX
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director ___ X ___ 10% Owner
_____ Officer (give title below) ___ X ___ Other (specify below)
/ Majority Holder
(Street)
VICTORVILLE, CA 92395
(City) (State) (Zip) 5. If Amendment, Date Original Filed (MM/DD/YYYY)
4/21/2009
6. Individual or Joint/Group Filing (Check Applicable Line)
_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4) 2. Amount of Securities Beneficially Owned
(Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5) 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Preferred (1) (2) 5000000 D
Common (1) (2) 10000000 D
Table II - Derivative Securities Beneficially Owned ( e.g.
, puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4) 2. Date Exercisable and Expiration Date
(MM/DD/YYYY) 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5) 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
(
1)
Establishment of the Visual Frontier, Inc., discriminatory share price, the reporting owner has determined to issue as previously filed in the SEC Form 3, 5,000,000 shares preferred stock upon the completion of Visual Frontier, Inc., (VFTR) corporate restructuring notwithstanding all like industry comparable share structures and share prices.
(
2)
Establishment of the Visual Frontier, Inc., discriminatory share price, the reporting owner has determined to issue as previously filed in the SEC Form 3, 10,000,000 shares common stock upon the completion of Visual Frontier, Inc., (VFTR) corporate restructuring notwithstanding all like industry comparable share structures and share prices.
Remarks:
Establishment of the discriminatory share price, the reporting owner has determined to issue as previously filed in the SEC Form 3, 10,000,000 shares common stock upon the completion of Visual Frontier, Inc., (VFTR) corporate restructuring notwithstanding all like industry comparable share structures and share prices.
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
James JayCee
9298 SVL BOX
VICTORVILLE, CA 92395
X
Majority Holder
Signatures
JayCee James 4/21/2009
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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