SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* ORATZ MOSHE (Last) (First) (Middle) 45 BROADWAY SUITE 620 (Street) NEW YORK NY 10006 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 07/09/2010	3. Issuer Name and Ticker or Trading Symbol ABSOLUTE LIFE SOLUTIONS, INC. [ SMGN ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director X 10% Owner X Officer (give title below) Other (specify below) President and CEO	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X 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)
Common Stock	500,000	D
Common Stock	35,037,500	I	By Moshe Oratz as the sole Member and sole Manager of CS Master Holdings, LLC

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: 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

1. Name and Address of Reporting Person* ORATZ MOSHE (Last) (First) (Middle) 45 BROADWAY SUITE 620 (Street) NEW YORK NY 10006 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director X 10% Owner X Officer (give title below) Other (specify below) President and CEO

1. Name and Address of Reporting Person* CS MASTER HOLDINGS, LLC (Last) (First) (Middle) 1022 EAST 32ND STREET (Street) BROOKLYN NY 11210 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

Remarks:

CS Master Holdings LLC, 45 Broadway, Suite 620, New York, NY 10006, is the direct owner of 35,037,000 shares of Common Stock, which shares were acquired on 05/27/2010. Moshe Oratz is the sole Manager of CS Master Holdings LLC. The above table does not include shares held by various trusts, the beneficiaries of which are the respective children of Moshe Oratz. Moshe Oratz is not the trustee of any of such trusts. Each Reporting Person disclaims beneficial ownership of any of the shares held by any of these trusts.

	/s/ Moshe Oratz	08/16/2010
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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