SC 13D/A 1 tc13dawelund.txt SCHEDULE 13D/A SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 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. 1 Welund Fund, Inc. -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $0.0001 -------------------------------------------------------------------------------- (Title of Class of Securities) n/a -------------------------------------------------------------------------------- (CUSIP Number) T. Chong Weng 244 Fifth Avenue, #W219 New York, New York 10001-7604 (212) 504-8120 -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) June 9, 2004 -------------------------------------------------------------------------------- (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 that 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 3 Pages) (1) 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 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). CUSIP No. N/A 13D Page 2 of 3 Pages ________________________________________________________________________________ 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) T. Chong Weng _______________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC USE ONLY ________________________________________________________________________________ 4 SOURCE OF FUNDS* n/a ________________________________________________________________________________ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] ________________________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION US ________________________________________________________________________________ 7 SOLE VOTING POWER -0- _____________________________________________________________ 8 SHARED VOTING POWER -0- _________________________________________________________________ 9 SOLE DISPOSITIVE POWER -0- ________________________________________________________________ 10 SHARED DISPOSITIVE POWER -0- ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.0% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON* IN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. N/A 13D Page 2 of 3 Pages ________________________________________________________________________________ Item 4. Purpose of Transaction. T. Chong Weng no longer has any affiliation with Welund Fund, Inc., (the "Issuer"). ________________________________________________________________________________ Item 5. Interest in Securities of the Issuer. (a) There are presently 2,240,000 shares of Welund Fund, Inc. Common Stock issued and outstanding. T. Chong Weng has disposed of his entire interest in such securities. (c) On June 9, 2004, T. Chong Weng disposed of 2,240,000 shares, representing his entire holdings in the Issuer, for aggregate consideration of $50,000, in a private transaction. (e) T. Chong Weng ceased to be the beneficial owner of 5% or more of the Common Stock of the Issuer on June 9, 2004. CUSIP No. N/A 13D Page 3 of 3 Pages 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. June 10, 2004 ---------------------------------------- (Date) /s/ T. Chong Weng ---------------------------------------- (Signature) T. Chong Weng ---------------------------------------- (Name/Title) Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001).