-----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, Lr6kKuYu5ymESFENA7ORJsGrdTHOruTcUk5xg307/dFpRNDXcypMVNdG2uC/gbKb /N5nNnHEMAS/Zsh/rTkGBw== 0001065949-01-500094.txt : 20020413 0001065949-01-500094.hdr.sgml : 20020413 ACCESSION NUMBER: 0001065949-01-500094 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20011214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DYNAMIC I-T INC CENTRAL INDEX KEY: 0000354699 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 840820529 STATE OF INCORPORATION: CO FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-33312 FILM NUMBER: 1813374 BUSINESS ADDRESS: STREET 1: 2504 ELEVENTH ST CITY: SANTA MONICA STATE: CA ZIP: 90405 BUSINESS PHONE: 3103928179 MAIL ADDRESS: STREET 1: 2504 ELEVENTH ST CITY: SANTA MONICA STATE: CA ZIP: 90405 FORMER COMPANY: FORMER CONFORMED NAME: COLORADO GOLD & SILVER INC DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DAVIS FRED D CENTRAL INDEX KEY: 0001159520 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 2749 N. MIDDLETON WAY CITY: FAYATEVILLE STATE: AR ZIP: 72703 BUSINESS PHONE: 6015759090 MAIL ADDRESS: STREET 1: 2749 N MIDDLETON WAY CITY: FAYATEVILLE STATE: AR ZIP: 72703 SC 13D 1 davisform13d.txt SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 DYNAMIC I-T, INC. ---------------------------------------------------------------- (Name of Issuer) Common Stock, no par value per share ----------------------------------------------------------------- (Title of Class of Securities) 266787P108 ----------------------------------------------------------------- (CUSIP Number) Spencer H. Young 2504 11th Street Santa Monica, CA 90405 (310) 392-8179 ----------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) August 2001 ----------------------------------------------------------------- (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 statement because of Rule 13d-1(b)(3) or (4), check the following box: [_] *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 disclosures provided in a prior cover page. The information required on 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). Page 1 SCHEDULE 13D CUSIP No. 266787P108 - ------------------------------------------------------------------ 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Fred D. Davis SSN: ###-##-#### - ------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [_] - ------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------ 4 SOURCE OF FUNDS OO - ------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] - ------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - ------------------------------------------------------------------ 7 SOLE VOTING POWER Fred D. Davis- 1,250,000 ---------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY None OWNED BY ---------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON Fred D. Davis - 1,250,000 WITH ---------------------------------------- 10 SHARED DISPOSITIVE POWER None - ------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON Fred D. Davis - 1,250,000 - ------------------------------------------------------------------ 12 CHECK THIS BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] - ------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Fred D. Davis (8%) - ------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON* IN - ------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 2 CUSIP No. 266787P108 SCHEDULE 13D ITEM 1. SECURITY AND ISSUER Common Stock, no par value per share DYNAMIC I-T, INC. 2504 11th Street Santa Monica, CA 90405 ITEM 2. IDENTITY AND BACKGROUND (a) Fred D. Davis (b) 2479 N. Middleton Way Fayetteville, Arkansas 72703 (c) Fred D. Davis, University Professor at Walton College of Business at the University of Arkansas in Fayetteville, Arkansas. Director of Dynamic I-T, Inc. (d) During the last five years the Reporting Person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) During the last five years the Reporting Person has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction nor has any final order, judgment, or decree been entered enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. (f) Citizenship: United States of America. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION Shares were issued in consideration of services rendered and the agreement to serve as an officer and/or director. ITEM 4. PURPOSE OF TRANSACTION The Reporting Person acquired the securities in order to have a vested interest in the company for which reporting person is serving as an officer/director. There are no plans or proposals known to the Reporting Person which relate to or would result in: (a) The acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer; (b) An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries; (c) A sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries; (d) Any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number of term of directors or to fill any existing vacancies on the board; Page 3 CUSIP No. 266787P108 (e) Any material change in the present capitalization or dividend policy of the Issuer; (f) Any other material change in the Issuer's business or corporate structure including but not limited to, if the Issuer is a registered closed-end investment company, any plans or proposals to make any changes in its investment policy for which a vote is required by Section 13 of the Investment Company Act of 1940; (g) Changes in the Issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition or control of the Issuer by any person; (h) Causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter/dealer quotation system of a registered national securities association; (i) A class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or (j) Any action similar to any of those enumerated above. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) Aggregate number of shares owned: 1,250,000 Percent of outstanding shares owned: 8% (b) Sole Power of voting for Reporting Person: 1,250,000 (c) Transactions in securities in the past 60 days for Reporting Person: 0 (d) No other person is known to have power to direct receipt of dividends from, or proceeds from sale of such securities. (e) Not applicable. Page 4 CUSIP No. 266787P108 ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. None. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS None. SIGNATURE After reasonable inquiry and to the best of the knowledge and belief, I certify that the information as set forth in this statement is true, complete and correct. Dated: September 21, 2001 Fred D. Davis by:/s/Fred Davis Fred D. Davis Director Page 5 -----END PRIVACY-ENHANCED MESSAGE-----