-----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, Tf/hpSAXPil3QAnSBEcTeiW5n+8C5BikDGJDM0pvHZcOSB74dNCEiIAFehrFv05M MLRUvu2p0eQ31px83PFM+Q== 0001144204-09-058270.txt : 20091112 0001144204-09-058270.hdr.sgml : 20091111 20091112125446 ACCESSION NUMBER: 0001144204-09-058270 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20091112 DATE AS OF CHANGE: 20091112 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Clear Skies Solar, Inc CENTRAL INDEX KEY: 0001402857 STANDARD INDUSTRIAL CLASSIFICATION: HEATING EQUIPMENT, EXCEPT ELECTRIC & WARM AIR FURNACES [3433] IRS NUMBER: 300401535 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-84811 FILM NUMBER: 091175821 BUSINESS ADDRESS: STREET 1: 200 OLD COUNTRY ROAD STREET 2: SUITE 610 CITY: MINEOLA STATE: NY ZIP: 11501 BUSINESS PHONE: (516) 282-7652 MAIL ADDRESS: STREET 1: 200 OLD COUNTRY ROAD STREET 2: SUITE 610 CITY: MINEOLA STATE: NY ZIP: 11501 FORMER COMPANY: FORMER CONFORMED NAME: Clear Skies Holdings Inc DATE OF NAME CHANGE: 20071219 FORMER COMPANY: FORMER CONFORMED NAME: Bip Oil Inc DATE OF NAME CHANGE: 20070612 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KHG TRUST CENTRAL INDEX KEY: 0001473778 IRS NUMBER: 276062518 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 672 DOGWOOD AVENUE STREET 2: SUITE 106 CITY: FRANKLIN SQUARE STATE: NY ZIP: 11010 BUSINESS PHONE: 516 282 7652 MAIL ADDRESS: STREET 1: 672 DOGWOOD AVENUE STREET 2: SUITE 106 CITY: FRANKLIN SQUARE STATE: NY ZIP: 11010 SC 13D 1 v165861_sc13d.htm Unassociated Document
 
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
  
SCHEDULE 13D
(Rule 13d-101)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)

(Amendment No. __)
 

CLEAR SKIES SOLAR, INC.

(Name of Issuer)
 
 
COMMON STOCK, PAR VALUE $0.001 PER SHARE

  (Title of Class of Securities)
 
 
CUSIP No. 184681 104

  (CUSIP Number)
 
 
KHG Trust
672 Dogwood Avenue
Suite 106
Franklin Square, NY 11010

 
With Copies To:

Harvey Kesner, Esq.
Sichenzia Ross Friedman Ference LLP
61 Broadway
New York, New York 10006
Tel: (212) 930-9700
Fax: (212) 930-9725

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
 
 
September 18, 2009

(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 which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 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 Rule 13d-7(b) for other parties to whom copies are to be sent.


(Continued on following pages)

 
(Page 1 of 4)

 
13D
 
CUSIP No. 184681 104
 
Page 2 of 4 Pages 
     
1
NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
 
     
 
KHG Trust   27-6062518
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ¨
(b) o Reporting person is affiliated with other persons
     
3
SEC USE ONLY
 
     
4
SOURCE OF FUNDS (See instructions)
 
 
 
OO
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
   
o
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
     
  New York   
 
7
SOLE VOTING POWER
     
 
 
6,020,000* 
NUMBER OF
8
SHARED VOTING POWER
SHARES
   
BENEFICIALLY
 
OWNED BY
9
SOLE DISPOSITIVE POWER
EACH REPORTING
   
PERSON WITH 
 
6,020,000* 
 
10
SHARED DISPOSITIVE POWER
     
   
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
     
   
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
   10.28%*
14
TYPE OF REPORTING PERSON (See instructions)
   
  OO 
*See Item 3 – Source and Amount of Funds or Other Consideration.
 
 
 

 
 
Page 3 of 4 Pages

Item 1. Security and Issuer

This statement relates to the common stock, $0.001 par value per share (the “Common Stock”), of Clear Skies Solar, Inc., a Delaware corporation (the "Issuer"). The principal offices of the Issuer are located at 200 Old Country Road, Suite 610, Mineola, NY 11501.

Item 2. Identity and Background.

 (a)-(c), (f).  This statement is being filed by KHG Trust (the “Reporting Person”).

KHG Trust, a trust organized under the laws of the State of New York, has a business address at 672 Dogwood Avenue, Suite 106, Franklin Square, NY 11010.

Natan Green is the trustee of KHG Trust.

(d) and (e).  During the last five years, the Reporting Person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction in which the Reporting Person was or is the subject to 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 violations with respect to such laws.

Item 3. Source and Amount of Funds or Other Consideration.

On September 18, 2009, KHG Trust acquired 2,520,000 shares of the Issuer’s Common Stock upon the conversion of promissory notes purchased in a private sale for $126,000.

On October 21, KHG Trust acquired 3,000,000 shares of the Issuer’s Common Stock as a bona fide gift.

As of October 21, 2009, KHG Trust owned 6,020,000 shares of the Issuer’s Common Stock.

Item 4. Purpose of Transaction.
 
The shares acquired by the Reporting Person was issued for the purpose of acquiring an interest in the Issuer.  The Reporting Person does not have any present plan or proposal as a stockholder which relates to, or would result in any action  with  respect to, the matters listed in  paragraphs  (a) through (j) of Item 4 of Schedule 13D. In the future, the Reporting Person may decide to purchase additional shares of Common Stock in the open market or in a private transaction, or to sell any or all of their shares of Common Stock.

Item 5. Interest in Securities of the Issuer.
 
 
(b) Mr. Natan Green has sole power to vote on or dispose of 6,020,000 shares of Common Stock of the Issuer.  Please see Item 3 – Source and Amount of Funds or Other Consideration.
 
(c) Other than the acquisition of the shares reported herein, the Reporting Person has effected the following transactions in the shares of the Issuer during the past 60 days:

None.

(d) No person other than the Reporting Person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares reported above in this Item 5.
 
(e) Not applicable.
 
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
 
None.
 
 
 

 
Page 4 of 4 Pages

 
 

SIGNATURES

 
 
 
KHG TRUST
 
       
       
November 11, 2009
By:
/s/   
   
By: Natan Green 
 
   
Title: Trustee 
 
       
 
 
 

 
 
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