j28130sc13g.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
 
 
SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
 
 
 
COROWARE, INC.
(Name of Issuer)
 
 
Common Stock, par value $0.0001
 
 
 
CUSIP # 219858305
  
 
January 24, 2013
 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
o     Rule 13d-1(b)
x     Rule 13d-1(c)
o     Rule 13d-1(d)
 
 
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.     219858305
13G
  Page 1 of 4
     
1.
Name of Reporting Person: Panache Capital, LLC.
 
I.R.S. Identification No. of Above Person (entities only): 27-5415166
 
2.
Check the Appropriate Box if a Member of a Group
 
(a)¨
(b)x
3.
SEC Use Only
 
4.
Citizenship or Place of Organization  Delaware
 
Number of Shares
Owned by Each
Reporting Person
With
5.
Sole Voting Power                          72,000,000*
 
6.
Shared Voting Power
 
7.
Sole Dispositive Power                   72,000,000*
*Consists of Common stock which the reporting person has the right to acquire by way of conversion of a security.
8.
Shared Dispositive Power             
 
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
72,000,000*
Consists of Common stock which the reporting person has the right to acquire by way of conversion of a security.
 
10.
Check if the Aggregate Amount in Row 9 Excludes Certain Shares      ¨
 
11.
Percent of Class Represented by Amount in Row 9   0.0962% (Based on the total of 747,702,485) outstanding shares of common stock
 
12.
Type of Reporting Person    CO
 
 
 
 
 
 
CUSIP No.     219858305
13G
  Page 2 of 4
     
ITEM 1
 (a)
NAME OF ISSUER    COROWARE, Inc. (Delaware Corporation)
     
 
(b)
ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
   
1410 Market Street, Suite 200, Kirkland, WA 98033
     
ITEM 2
(a)
NAME OF PERSON FILING : Panache Capital, LLC.
     
 
(b)
ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE
 
303 Merrick Road, Suite 504, Lynbrook, NY 11563
     
 
(c)
CITIZENSHIP
     
   
Delaware – United States of America.
     
 
(d)
TITLE OF CLASS OF SECURITIES
 
Common Stock, Par Value $0.0001 per share
     
 
(e)
CUSIP NUMBER
     
    219858305
 
ITEM 3                 If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:
 
 
(a)
o Broker or dealer registered under section 15 of the Act
 
(b)
o Bank as defined in section 3(a)(6) of the Act
 
(c)
o Insurance company as defined in section 3(a)(19) of the Act
 
(d)
o Investment company registered under section 8 of the Investment Company Act of 1940
 
(e)
o An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E)
 
(f)
o An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F)
 
(g)
o A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G)
 
 
 
 
 
CUSIP No.     219858305
13G
  Page 3 of 4
 
 
(h)
 o A savings association as defined in section 3(b) of the Federal Deposit Insurance Act
  (i) o A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940
  (j) o Group, in accordance with Rule 13d-1(b)(1)(ii)(J)
 
If this statement is filed pursuant to Rule 13d-1(c), check this box   o

ITEM 4                  OWNERSHIP

(a)
Amount beneficially owned:    72,000,000*
 
Consists of Common stock the reporting person had the right to acquire by way of conversion.

(b) Percent of class:  9.629%

(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 72,000,000

(ii) Shared power to vote or to direct the vote:  ___________
 
(iii) Sole power to dispose or to direct the disposition of: 72,000,000
 
(iv) Shared power to dispose or to direct the disposition of: ___________

ITEM 5                  OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following  o
 
ITEM 6                  OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
 
N/A

ITEM 7                 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
 
N/A
 
 
 
 
 
CUSIP No.     219858305
13G
  Page 4 of 4
 
ITEM 8                   IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP

N/A

ITEM 9
NOTICE OF DISSOLUTION OF GROUP

N/A

ITEM 10                CERTIFICATION

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired are not being held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.


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.
 
 
HOLDER
  
     
     
     
    /S/ Sarfraz Hajee  
     
 
By:  Sarfraz Hajee
  
     
 
Its:  Member
  
     
 
Date:  January 24, 2013