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YA Global Investments, et al. – ‘SC 13D’ on 3/8/06 re: Strategic Defense Alliance Corp.

On:  Wednesday, 3/8/06, at 10:02am ET   ·   Accession #:  1144204-6-9047   ·   File #:  5-80966

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 3/08/06  YA Global Investments             SC 13D                 1:15K  Strategic Defense Alliance Corp.  Vintage/FA
          Mark Angelo
          Yorkville Advisors, LLC

General Statement of Beneficial Ownership   —   Schedule 13D
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13D      General Statement of Beneficial Ownership              8     31K 


Document Table of Contents

Page (sequential) | (alphabetic) Top
 
11st Page   -   Filing Submission
5Item 1. Security and Issuer
"Item 2. Identity and Background
"Item 3. Source and Amount of Funds or Other Consideration
"Item 4. Purpose of Transaction
6Item 5. Interest in Securities of the Issuer
"Item 6. Contract, Arrangements, Understandings or Relationships with respect to Securities of the Issuer
"Item 7. Material to be Filed as Exhibits
8Reporting Persons
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 Lounsberry Holdings I, Inc (Name of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securities) (CUSIP Number) Mark Angelo Cornell Capital Partners, LP 101 Hudson Street, Suite 3700 Jersey City, New Jersey 07302 (201) 985-8300 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) Copy To: Mark Angelo 101 Hudson Street, Suite 3700 Jersey City, New Jersey 07302 (201) 985-8300 March 7, 2006 (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 which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].
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Page 2 SCHEDULE 13D -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS Cornell Capital Partners LP -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS OO -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Nevada -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 150,000 SHARES ------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH ------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON 150,000 WITH ------------------------------------------------------- 10 SHARED DISPOSITIVE POWER -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 150,000 -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.73% -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN --------------------------------------------------------------------------------
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Page 3 -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS Yorkville Advisors, LLC -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS OO -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 150,000 (as General Partner of Cornell Capital SHARES Partners, LP) BENEFICIALLY ------------------------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH -0- REPORTING ------------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH 150,000 (as General Partner of Cornell Capital Partners, LP) ------------------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 150,000 (as General Partner of Cornell Capital Partners, LP) -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.73% -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN --------------------------------------------------------------------------------
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Page 4 -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS Mark Angelo -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS OO -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 150,000 (as Portfolio Manager of Cornell BENEFICIALLY Capital Partners, LP and President of Yorkville OWNED BY Advisors, LLC) EACH ------------------------------------------------------- REPORTING 8 SHARED VOTING POWER PERSON -0- WITH ------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 150,000 (as Portfolio Manager of Cornell Capital Partners, LP and President of Yorkville Advisors, LLC) ------------------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 150,000 (as Portfolio Manager of Cornell Capital Partners, LP and President of Yorkville Advisors, LLC) -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.73% -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN --------------------------------------------------------------------------------
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Page 5 Item 1. Security and Issuer. This statement relates to shares of common stock, no par value per share (the "Shares"), of Lounsberry Holdings I, Inc., a Delaware corporation (the "Issuer"). The principal executive office of the Issuer is located at. 12020 Sunrise Valley Drive, Suite 100, Reston, Virginia . Item 2. Identity and Background. (a)-(c), (f). This statement is being filed by Cornell Capital Partners, LP ("Cornell"), Yorkville Advisors, LLC ("Yorkville") and Mark Angelo ("Angelo") (Cornell, Yorkville and Angelo collectively, the "Reporting Persons"). Cornell, a Delaware limited partnership, whose business address is 101 Hudson Street, Suite 3700, Jersey City, New Jersey 07302, is a private equity fund. Yorkville, a Delaware LLC, whose business address is 101 Hudson Street, Suite 3700, Jersey City, New Jersey 07302 is the General Partner of Cornell. Angelo, whose business address is 101 Hudson Street, Suite 3700, Jersey City, New Jersey 07302 is the Portfolio Manager of Cornell Capital Partners, LP and President of Yorkville. Angelo is a citizen of the United States. (d) and (e). During the last five years, no Reporting Person has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction in which the Reporting Person was or is the 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 violations with respect to such laws. Item 3. Source and Amount of Funds or Other Consideration. In December 2004, Cornell Capital Partners, LP made a $300,000 loan to Global Defense Corporation, a development stage corporation which was and is an affiliate of Mr. Paul Silverman. In connection with the acquisition of CNS, we issued to Cornell 150,000 shares of common stock, paid $125,000 on account of Global Defense's obligations to Cornell and guaranteed Global Defense's obligation to pay the remaining $175,000 to Cornell. In addition, Mr. Silverman pledged 260,100 shares of common stock and warrants to purchase 606,900 shares of common stock as security for Global Defense's obligation to pay the remaining $175,000. Item 4. Purpose of Transaction. Cornell acquired the Shares for investment and not with a view to, or for resale in connection with, any distribution thereof, and the Reporting Persons do not have a present intention of selling, granting any participation in, or otherwise distributing the acquired Shares. The Reporting Persons have no present plans or intentions which would result in or relate to any transactions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D.
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Page 6 Item 5. Interest in Securities of the Issuer. (a)-(b) As of January 9, 2006 Cornell was the record and beneficial owner of 150,000 Shares representing 8.73% of the issued and outstanding Shares. Yorkville, as the General Partner of Cornell and Angelo as the Portfolio Manager of Cornell Capital Partners, LP and President of Yorkville, may be deemed to have a beneficial ownership in the aforementioned Shares may be deemed to have a beneficial ownership in the aforementioned Shares. Cornell has the sole power to vote and to dispose of all of its Shares. Yorkville, as the General Partner of Cornell, has the sole power to direct the vote and/or to direct the disposition of the Shares directly owned by Cornell. Angelo, as the Portfolio Manager of Cornell Capital Partners, LP and President of Yorkville, has the sole power to direct the vote and/or to direct the disposition of the Shares directly owned by Cornell. (c) Except as follows, none of the Reporting Persons has effected, within the last 60 days, any transactions involving the Shares. Not applicable. (d) Not applicable. (e) Not applicable. Item 6. Contract, Arrangements, Understandings or Relationships with respect to Securities of the Issuer. Cornell and the Issuer are parties to the following agreements, Settlement and Mutual Release dated January 9, 2006, at which time the 150,000 shares were issued to Cornell Capital Partners, LP. Except as set forth herein, none of the Reporting Persons has any contracts, arrangements, understandings or relationships (legal or otherwise) with any person with respect to any securities of the Company, including, without limitation, any contracts, arrangements, understandings or relationships concerning the transfer or voting of such securities, finders fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits and losses or the giving or withholding of proxies. Item 7. Material to be Filed as Exhibits.
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Page 7 SIGNATURE After reasonable inquiry and to the best of each of the undersigned's knowledge and belief, each certifies that the information set forth in this statement is true, complete and correct. Dated: March 7, 2006 REPORTING PERSONS: CORNELL CAPITAL PARTNERS, LP By: Yorkville Advisors, LLC Its: General Partner By: /s/ Mark Angelo ----------------------------- Name: Mark Angelo Its: Portfolio Manager YORKVILLE ADVISORS, LLC By: /s/ Mark Angelo -------------------------------- Name: Mark Angelo Its: Portfolio Manager /s/ Mark Angelo -------------------------- MARK ANGELO
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Page 8 JOINT FILING AGREEMENT In accordance with Rule 13d-1(f) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other Reporting Persons (as such term is defined in the Schedule 13D referred to below) on behalf of each of them of a statement on Schedule 13D (including amendments thereto) with respect to the common stock no par value per share, of Lounsberry Holdings I, Inc, a Delaware corporation, and that this Agreement may be included as an Exhibit to such joint filing. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument. IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of March 7, 2006. REPORTING PERSONS: CORNELL CAPITAL PARTNERS, LP By: Yorkville Advisors, LLC Its: General Partner By: /s/ Mark Angelo -------------------------------- Name: Mark Angelo Its: Portfolio Manager YORKVILLE ADVISORS, LLC By: /s/ Mark Angelo -------------------------------- Name: Mark Angelo Its: Portfolio Manager /s/ Mark Angelo -------------------------- MARK ANGELO

Dates Referenced Herein   and   Documents Incorporated by Reference

Referenced-On Page
This ‘SC 13D’ Filing    Date First  Last      Other Filings
Filed on:3/8/068-K,  SC 13D
3/7/0618SC 13D
1/9/066
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Filing Submission 0001144204-06-009047   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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