-----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, CZdchXci3O8RE4fltICJOt6m/ggcLWNXrSjirhgdFtGGv7aWs82qMlJTfBS12SJn gzpIwD26ltp4pmaqLvruiw== 0000912282-02-000087.txt : 20020414 0000912282-02-000087.hdr.sgml : 20020414 ACCESSION NUMBER: 0000912282-02-000087 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020215 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HAMILTON TRUST CO LTD AS TRUSTEE OF THE LADHA 1999 FAMILY TR CENTRAL INDEX KEY: 0001143612 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 12 CHURCH STREET STREET 2: SUITE 600 CITY: HAMILTON BERMUDA MAIL ADDRESS: STREET 1: 12 CHURCH STREET STREET 2: SUITE 600 CITY: HAMILTON BERMUDA SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ABLEAUCTIONS COM INC CENTRAL INDEX KEY: 0001099290 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 593404233 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-61709 FILM NUMBER: 02551569 BUSINESS ADDRESS: STREET 1: 7303 EAST EARLL DR CITY: SCOTTSDALE STATE: AZ ZIP: 85251 BUSINESS PHONE: 6045212253 MAIL ADDRESS: STREET 1: 7303 EAST EARLL DR CITY: SCOTTSDALE STATE: AZ ZIP: 85251 SC 13G 1 able13g.txt AAC/13G SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ---------------------------- SCHEDULE 13G INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 Ableauctions.com, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock; $0.001 par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 00371F206 - -------------------------------------------------------------------------------- (CUSIP Number) December 31, 2001 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of This Statement) Check the Appropriate box to designate the rule pursuant to which this schedule is filed: Rule 13d-1(b) Rule 13d-1(c) |X| Rule 13d-1(d) CUSIP No. 00371F206 13G Page 2 of 4 Pages - ------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Hamilton Trust Company Limited as trustees of Ladha (1999) Family Trust - ------------------------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |-| - ------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Trust established under Bermuda law - ------------------------------------------------------------------------------------------------------------ 5 SOLE VOTING POWER NUMBER OF 5,884,750 ----------------------------------------------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY -0- ----------------------------------------------------------------------------------------- OWNED BY 7 SOLE DISPOSITIVE POWER EACH 5,884,750 ----------------------------------------------------------------------------------------- REPORTING 8 SHARED DISPOSITIVE POWER PERSON WITH -0- - ------------------------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,884,750 - ------------------------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - ------------------------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 28.05% - ------------------------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* OO - ------------------------------------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 00371F206 13G Page 3 of 4 Pages Item 1 (a). Name of Issuer: Ableauctions.com, Inc. Item 1 (b). Address of Issuer's Principal Executive Offices: 1963 Lougheed Highway Coquitlam, British Columbia B3K 3T8, CANADA Item 2 (a). Name of Person Filing: Hamilton Trust Company Limited as trustees of the Ladha (1999) Family Trust Item 2 (b). Address of Principal Business Office or, if None, Residence: Reid Street Hamilton HM11, Bermuda Item 2 (c). Citizenship: Bermuda law trust with Bermuda situs Item 2 (d). Title of Class of Securities: Common Stock; $0.001 Item 2 (e). CUSIP Number: 00371F206 Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities identified in Item 1. (a) Amount beneficially owned: 5,884,750; Hamilton Trust Company for beneficiaries of discretionary trust. (b) Percent of class: 28.05% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 5,884,750 (ii) Shared power to vote or to direct the vote -0- CUSIP No. 00371F206 13G Page 4 of 4 Pages (iii) Sole power to dispose or to direct the disposition of 5,884,750 (iv) Shared power to dispose or to direct the disposition of -0- Item 5. Ownership of Five Percent or Less of a Class. If the 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 [ ]. 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. 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. Certification. N/A 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. February 15, 2002 LADHA (1999) FAMILY TRUST By: Hamilton Trust Company, Limited Trustee By:/s/ David Morrison Name: David Morrison Title: Managing Director -----END PRIVACY-ENHANCED MESSAGE-----