U.S. Securities and Exchange Commission
Washington, D.C. 20549
SCHEDULE 13D
(Amendment No.___)*
clickNsettle.com, Inc.
(Name of Issuer)
Common Stock, par value $.001 per share
(Title of Class of Securities)
18682E 205
(CUSIP Number)
Judith Kenney
2001 Biscayne Boulevard, Suite 3402
Miami, Florida 33137
Telephone: (305) 572-1020
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
October 30, 2007
(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
Section 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box o
Note: Schedules filed in paper format shall include a signed original and five copies of the
schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.
*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 (the “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).
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CUSIP No. |
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18682E 205 |
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Page |
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3 |
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of |
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4 Pages |
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| ITEM 1. |
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Security and Issuer. |
This Schedule 13D is filed by Glenn L. Halpryn with respect to Common Stock, $.001 par value
(the “Shares”) of clickNsettle.com, Inc., a Delaware corporation (the “Issuer”). The principal
executive offices of the Issuer are located at 4400 Biscayne Boulevard, Suite 950, Miami, Florida,
33137.
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| ITEM 2. |
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Identity and Background. |
Glenn L. Halpryn (the “Reporting Person”) is an investor. He is Chief Executive Officer of
Transworld Investment Corporation, a real estate development and investment company located at 4400
Biscayne Boulevard, Suite 950, Miami, Florida 33137, which is the Reporting Person’s business
address.
The Reporting Person has not been convicted in any criminal proceeding (excluding traffic
violations or similar misdemeanors), nor was he a party to any civil proceeding of a judicial or
administrative body of competent jurisdiction that as a result of such proceeding he would have
been subject to a judgment, decree or final order 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 during the last five years. Mr. Halpryn is a citizen of the United States.
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| ITEM 3. |
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Source and Amount of Funds or Other Consideration |
Mr. Halpryn used his personal funds for the purchase of 5,319,474 shares of Common Stock of
the Issuer. The purchase price was $145,300.
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| ITEM 4. |
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Purpose of Transaction |
The Reporting Person acquired the securities of the Issuer for investment purposes only. The
Reporting Person became a director of the Issuer at the time that he purchased the Common Stock,
and the Reporting Person intends to cause the Issuer, which is a shell company, to effect a merger,
acquisition or other business combination with an operating company, though no operating company
has been identified.
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| ITEM 5. |
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Interest in Securities of the Issuer |
(a) - (e) The Reporting Person is the beneficial owner of 5,319,474 shares of Common Stock of
the Issuer, which shares constitute 9.6% of the Issuer’s outstanding Common Stock. The percentage
of beneficial ownership is based upon 55,402,762 shares of Common Stock outstanding as of December
31, 2007. The Reporting Person has the sole power to vote and to dispose of his shares.
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| ITEM 6. |
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Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer |
None
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| ITEM 7. |
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Material to be filed as Exhibits |
Exhibit 99.1 Stock Purchase Agreement dated September 26, 2007