-----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, MgVDLzTST4PBCFT1bDZcCfqRphd/CTEX4ixP4IDxglrTJiTF7OIlycDNDv/0vy64 2Z1D1LACHEEpnw9AKqN6nw== 0001005444-97-000024.txt : 19970222 0001005444-97-000024.hdr.sgml : 19970222 ACCESSION NUMBER: 0001005444-97-000024 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970219 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: QUEEN SAND RESOURCES INC CENTRAL INDEX KEY: 0000943548 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 752615565 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-50339 FILM NUMBER: 97538132 BUSINESS ADDRESS: STREET 1: 3500 OAK LAWN STREET 2: SUITE 380, LB #31 CITY: DALLAS STATE: TX ZIP: 75219-4398 BUSINESS PHONE: 2145219959 MAIL ADDRESS: STREET 1: 3500 OAK LAWN STREET 2: SUITE 380 LB #31 CITY: DALLAS STATE: TX ZIP: 75219-4398 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FORSETI INVESTMENTS LTD CENTRAL INDEX KEY: 0001033979 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 45 OCONNOR ST STREET 2: SUITE 450 CITY: OTTOWA ONTARIO SC 13G 1 SCHEDULE 13G FOR FORSETI INVESTMENTS LTD. SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No )* QUEEN SAND RESOURCES, INC. (Name of Issuer) COMMON STOCK (Title of Class of Securities) 747927 10 1 (CUSIP Number) * 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 the disclosures provided in a prior cover page. The information required in 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). CUSIP No. 747927 10 1 1) Names of Reporting Persons S. S. or I. R. S. Identification Nos. of Above Persons Foresti Investments Ltd. - ------------------------ 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a)___________________________ (b)___________________________ 3) SEC Use Only____________________________ 4) Citizenship or Place of Organization: Barbados, West Indies --------------------- Number of (5) Sole Voting Power 9,600,000 Shares Bene- --------- ficially (6) Shared Voting Power 0 Owned by --------- Each Report- (7) Sole Dispositive Power 9,600,000 ing Person --------- With (8) Shared Dispositive Power 0 --------- 9) Aggregate Amount Beneficially Owned by Each Reporting Person: 9,600,000 shares ---------------- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)____________________________________________________________ 11) Percent of Class Represented by Amount in Row 9 32.9% ----- 12) Type of Reporting Person (See Instructions) CO ----- Instructions for Cover Page (1) Names and Social Security Numbers of Reporting Persons--Furnish the full legal name of each person for whom the report is filed--i.e., each person required to sign the schedule itself--including each member of a group. Do not include the name of a person required to be identified in the report but who is not a reporting person. Reporting persons are also requested to furnish their Social Security or I.R.S. identification numbers, although disclosure of such numbers is voluntary, not mandatory (see "SPECIAL INSTRUCTIONS FOR COMPLYING WITH SCHEDULE 13G", below). (2) If any of the shares beneficially owned by a reporting person are held as a member of a group and such membership is expressly affirmed, please check row 2(a). If the membership in a group is disclaimed or the reporting person describes a relationship with other persons but does not affirm the existence of a group, please check row 2(b) [unless a joint filing pursuant to Rule 13d-1(e)(1) in which case it may not be necessary to check row 2(b)]. -2- (3) The third row is for SEC internal use; please leave blank. (4) Citizenship or Place of Organization--Furnish citizenship if the named reporting person is a natural person. Otherwise, furnish place of organization. (5)-(9), (11) Aggregate Amount Beneficially Owned By Each Reporting Person, etc.--Rows (5) through (9) inclusive, and (11) are to be completed in accordance with the provisions of Item 4 of Schedule 13G. All percentages are to be rounded off to the nearest tenth (one place after decimal point). (10) Check if the aggregate amount reported as beneficially owned in row (9) does not include shares as to which beneficial ownership is disclaimed pursuant to Rule 13d-4 [17 CFR 240.13d-4] under the Securities Exchange Act of 1934. (12) Type of Reporting Person--Please classify each "reporting person" according to the following breakdown (see Item 3 of Schedule 13G) and place the appropriate symbol on the form: CategorySymbol Broker DealerBD BankBK Insurance CompanyIC Investment CompanyIV Investment AdviserIA Employee Benefit Plan, Pension Fund, or Endowment FundEP Parent Holding CompanyHC CorporationCO PartnershipPN IndividualIN OtherOO -3- Item 1(a) Name of Issuer: Queen Sand Resources, Inc. Item 1(b) Address of Issuer's Principal Executive Offices: 3500 Oak Lawn, Suite 380, L.B. #31, Dallas, TX 75219-4398 Item 2(a) Name of Person Filing: Foresti Investments Ltd. Item 2(b) Address of Principal Business Office or, if none, Residence: 45 O'Connor Street, Suite 450, Ottawa, Canada K1P 1A4 Item 2(c) Citizenship: Barbados, West Indies Item 2(d) Title of Class of Securities: Common Stock Item 2(e) CUSIP Number: 747927 10 1 Item 3 Not Applicable. Item 4 Ownership. (a) Amount Beneficially Owned: 9,600,000 shares (b) Percent of Class: 32.9% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 9,600,000 -4- (ii) shared power to vote or to direct the vote 0 (iii) sole power to dispose or to direct the disposition of 9,600,000 (iv) shared power to dispose or to direct the disposition of 0 Item 5 Ownership of Five Percent or Less of a Class. Not Applicable. Item 6 Ownership of More than Five Percent on Behalf of Another Person. Not Applicable. Item 7 Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not Applicable. Item 8 Identification and Classification of Members of the Group. Not Applicable. Item 9 Notice of Dissolution of Group. Not Applicable. Item 10 Certification. Not Applicable. 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. February 13, 1997 - ------------------------- Date /s/ Dennis Chandler - ------------------------- Signature Dennis Chandler, Director - ------------------------- Name/Title -5- -----END PRIVACY-ENHANCED MESSAGE-----