SEC Info - YA Global Investments, et al. - ‘SC 13D’ on 11/30/05 re: Etotalsource Inc

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YA Global Investments, et al. – ‘SC 13D’ on 11/30/05 re: Etotalsource Inc

On: Wednesday, 11/30/05, at 3:06pm ET · Accession #: 1144204-5-38246 · File #: 5-78676

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

11/30/05  YA Global Investments             SC 13D                 1:15K  Etotalsource Inc                  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     30K

Document Table of Contents

Page	(sequential)	\|	(alphabetic)	Top
			Alternative Formats (Word, et al.) Contract, Arrangements, Understandings or Relationships with respect to Securities of the Issuer Identity and Background Interest in Securities of the Issuer Material to be Filed as Exhibits Purpose of Transaction Reporting Persons Security and Issuer Source and Amount of Funds or Other Consideration
1	1st Page - Filing Submission
5	Item 1. Security and Issuer
"	Item 2. Identity and Background
"	Item 3. Source and Amount of Funds or Other Consideration
"	Item 4. Purpose of Transaction
"	Item 5. Interest in Securities of the Issuer
6	Item 6. Contract, Arrangements, Understandings or Relationships with respect to Securities of the Issuer
"	Item 7. Material to be Filed as Exhibits
8	Reporting Persons

SC 13D 1st Page of 8 TOC ↑Top Previous Next ↓Bottom Just 1st
 
                                                                          Page 1

 UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

--------------------------------------------------------------------------------

SCHEDULE 13D

 Under the Securities Exchange Act of 1934

ETOTALSOURCE, INC.
(Name of Issuer)

Common Stock
(Title of Class of Securities)

 297719106
(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

 October 6, 2004

 (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                    

Delaware                        
----------------------- --------------------------------------------------------
NUMBER OF SHARES        7             SOLE VOTING POWER                         
BENEFICIALLY OWNED BY                                                           
EACH REPORTING PERSON                 3,833,334                                 
WITH                                                                            
                        --------------------------------------------------------
 8             SHARED VOTING POWER

                        --------------------------------------------------------
    9             SOLE DISPOSITIVE POWER
     3,833,334
                        --------------------------------------------------------
      10            SHARED DISPOSITIVE POWER

----------------------- --------------------------------------------------------
11                      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING   
PERSON                          

3,833,334                       
----------------------- --------------------------------------------------------
12                      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES  
CERTAIN SHARES             (  ) 

----------------------- --------------------------------------------------------
13                      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)      

8.21%                           
----------------------- --------------------------------------------------------
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                        

----------------------- --------------------------------------------------------
NUMBER OF SHARES        7             SOLE VOTING POWER                         
BENEFICIALLY OWNED BY                                                           
EACH REPORTING PERSON                  3,833,334 (as General Partner of Cornell 
WITH                                   Capital Partners, LP)                    

                        --------------------------------------------------------
 8             SHARED VOTING POWER

-0- 
                        --------------------------------------------------------
    9             SOLE DISPOSITIVE POWER

                                    3,833,334 (as General Partner of Cornell
                 Capital Partners, LP)

                        --------------------------------------------------------
      10            SHARED DISPOSITIVE POWER

-0- 
----------------------- --------------------------------------------------------
11                      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING   
PERSON                          

                3,833,334 (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)      

8.21%                           
----------------------- --------------------------------------------------------
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 SHARES        7             SOLE VOTING POWER                         
BENEFICIALLY OWNED BY                                                           
EACH REPORTING PERSON                 3,833,334 (as Portfolio Manager of        
WITH                                  Cornell Capital Partners, LP and          
                                 President of Yorkville Advisors, LLC)

----------------------- --------------------------------------------------------
 8             SHARED VOTING POWER

-0- 
----------------------- --------------------------------------------------------
    9             SOLE DISPOSITIVE POWER

                              3,833,334 (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                          

                  3,833,334 (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)      

8.21%                           
----------------------- --------------------------------------------------------
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 eTotalsource, Inc. a Colorado corporation (the "Issuer"). The
principal  executive  office of the Issuer is located at 1510 Poole  Blvd.  Yuba
City, CA 95993.                                                                 

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.                      

      The Shares were acquired as  compensation  pursuant to the Standby  Equity
Distribution Agreement dated October 6, 2004.                                   

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.           

Item 5. Interest in Securities of the Issuer.                                   

      (a)-(b) As of October 6, 2005 Cornell was the record and beneficial  owner
3,833,334  Shares  representing  8.21% 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.                            

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                                                                          Page 6

      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,  dated
October 6, 2004 relating to the Shares:  Standby Equity Distribution  Agreement,
Registration Rights Agreement, and Placement Agent Agreement.                   

      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.                                       

Exhibit 1         Joint Filing Agreement.                           

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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:  November 17, 2005             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 eTotalsource, Inc. a Colorado 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 November
17, 2005.                                                                       

                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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Dates Referenced Herein and Documents Incorporated by Reference

		Referenced-On Page
This ‘SC 13D’ Filing	Date	First	Last	Other Filings

Filed on:	11/30/05			None on these Dates
	11/17/05	7	8
	10/6/05	5
	10/6/04	1	6
				List all Filings

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Filing Submission 0001144204-05-038246 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

YA Global Investments, et al. – ‘SC 13D’ on 11/30/05 re: Etotalsource Inc

On: Wednesday, 11/30/05, at 3:06pm ET · Accession #: 1144204-5-38246 · File #: 5-78676

Previous ‘SC 13D’: ‘SC 13D’ on 10/13/05 · Next: ‘SC 13D’ on 2/13/06 · Latest: ‘SC 13D/A’ on 2/19/14

General Statement of Beneficial Ownership — Schedule 13DFiling Table of Contents

Document Table of Contents

Dates Referenced Herein and Documents Incorporated by Reference

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