SCHEDULE 14 C
INFORMATION STATEMENT PURSUANT TO SECTION 14 (C)
OF THE SECURITIES EXCHANGE ACT OF 1934
Check the appropriate box:
[ ] Preliminary information statement
[ X ] Definitive information statement
Confidential, for use of the Commission only (as permitted by Rule 14c-5(d)(2))
CERISTAR, INC.
(NAME OF COMPANY AS SPECIFIED IN ITS CHARTER)
Payment of Filing Fee (Check the appropriate box):
[X] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14c-5(g) and 0-11.
(1) Title of each class of securities to which transaction applies: Not
Applicable. (2) Aggregate number of securities to which transaction applies: Not
Applicable.
(3) Per unit price or other underlying value of transaction computed pursuant to
Exchange Act Rule 0-11 (set forth the amount on which the filing fee is
calculated and state how it was determined): Not Applicable. (4) Proposed
maximum aggregate value of transaction: Not Applicable.
(5) Total fee paid: Not Applicable.
[ ] Fee paid previously with preliminary materials.
[ ] Check box if any part of the fee is offset as provided by Exchange Act Rule
0-11 (a) (2) and identify the filing for which the offsetting fee was paid
previously. Identify the previous filing by registration statement number, or
the Form or Schedule and the date of its filing.
(1) Amount Previously Paid: Not Applicable.
(2) Form, Schedule or Registration Statement No. : Not Applicable. (3) Filing
Party: Not Applicable. (4) Date Filed: Not Applicable.
CERISTAR, INC.
50 West Broadway, Suite 1100
Salt Lake City, Utah 84101
(801) 350-2017
September 3, 2004
Dear Stockholder:
This Information Statement is being provided to inform you that the
Board of Directors and the holders of a majority of the outstanding shares of
common stock of CeriStar, Inc., a Delaware corporation (the "Company"), has
delivered to the Company written consent to the following action:
To amend the Certificate of Incorporation of the Company to
increase the number of authorized shares of common stock to 100,000,000
and increase the number of authorized shares of preferred stock to
5,000,000 shares.
The actions will become effective twenty (20) days from the date
hereof.
This Information Statement is being provided to you for information
purposes only. Your vote is not required to approve the action. This Information
Statement does not relate to an annual meeting or special meeting in lieu of an
annual meeting. You are not being asked to send a proxy and you are requested
not to send one.
Very truly yours,
/s/Paul D. Hamm
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Paul D. Hamm, President
INFORMATION STATEMENT
OF
CERISTAR, INC.
NOTICE TO STOCKHOLDERS PURSUANT TO
SECTION 14(c) OF THE SECURITIES EXCHANGE ACT OF 1934
This Information Statement is being furnished to the holders of common
stock, par value $.001 per share (the "Company Common Stock"), of CeriStar,
Inc., a Delaware corporation (the "Company") to inform you that the Board of
Directors of the Company and the holders of a majority of the outstanding
Company Common Stock have authorized, by written consent dated August 19, 2004,
the board of directors of the Company to amend the Certificate of Incorporation
of the Company to increase the number of authorized shares of common stock to
100,000,000 and increase the number of authorized shares of preferred stock to
5,000,000 shares.
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WE ARE NOT ASKING YOU FOR A PROXY AND YOU ARE
REQUESTED NOT TO SEND US A PROXY
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AMENDMENT TO THE CERTIFICATE OF INCORPORATION
Pursuant to the resolution of the holders of a majority of the
outstanding common stock and the Board of Directors adopted August 19, 2004, the
Company will amend their Certificate of Incorporation to increase the number of
authorized shares of common stock to 100,000,000 and increase the number of
authorized shares of preferred stock to 5,000,000 shares. The amendment will
become effective upon the proper filing of Certificate of Amendment to the
Certificate of Incorporation.
The decision to increase the authorized stock of the Company was based
on the desire of management to have additional shares of common stock and
preferred stock available for issuance.
The amendment was approved by SovCap Equity Partners, Ltd., the record
owner of 16,091,480 or 69.8% of the total issued and outstanding.
A COPY OF THE COMPANY'S ANNUAL REPORT ON FORM 10-KSB FOR THE FISCAL
YEAR ENDED December 31, 2003 MAY BE OBTAINED BY WRITTEN REQUEST FROM Mr. Paul d.
hamm, President, CeriStar, Inc., 50 west broadway, suite 1100, salt lake city,
utah 84101.
STOCK OWNERSHIP
The following table sets forth information as of the Record Date,
regarding the beneficial ownership of our common stock (i) by each person or
group known by our management to own more than 5% of the outstanding shares of
our common stock, (ii) by each director, the chief executive officer and each of
the other executive officers that were paid more than $100,000 during the last
fiscal year, and (iii) by all directors and executive officers as a group.
Unless otherwise noted, each person has sole voting and investment power over
the shares indicated below, subject to applicable community property laws.
Shares Beneficially Owned(1)
Name of Beneficial Owner (1) Number Percent(1)
---------------------------- ------ ----------
Paul D. Hamm 316,058 1.37%
Mark Hewitt 19,925 *
Jerry Dunlap 0
Fred Weismiller 0
Michael Miller 0
SovCap Equity Partners 16,091,480 69.8%
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c/o Lion Corporate Securities Ltd.
Cumberland House #27
Cumberland Street
P.O. Box N-10818 Nassau, New Providence
All directors and officers as a group
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* Less than 1%.
(1) This table is based upon information supplied by current and former
officers, directors and principal stockholders. Unless otherwise
indicated in the footnotes to this table and subject to community
property laws where applicable, we believe that each of the
stockholders named in this table has sole voting and investment power
with respect to the shares indicated as beneficially owned. Applicable
percentages are based on 23,048,064 shares of the Company's Common
Stock outstanding on August 19, 2004 adjusted as required by rules
Promulgated by the Securities and Exchange Commission.