mainbody
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
SCHEDULE
13D/A
Under
The Securities Exchange Act Of 1934
(Amendment
No. One)*
KORE
HOLDINGS, INC.
(Name
of
Issuer)
Common
Stock, Par Value $0.001
(Title
of
Class of Securities)
50062N109
(CUSIP
Number)
ROBERT
F. ROOD
4845
RUGBY AVE, BETHESDA, MD 20814
301.587.1000
(Name,
address and Telephone Number of Person
Authorized
to Receive Notices and Communications)
MARCH
26, 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 Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g) check
the following box [ ].
Note:
Schedules filed in paper format shall include a signed original and five copies
of this schedule, including all exhibits. See Section 234.13d-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
("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.: 50062N109
1.
Name
Of
Reporting Persons.
I.R.S.
Identification Nos. of above persons (entities only).
ROBERT
F. ROOD
2.
Check
the
Appropriate Box if a Member of a Group (See Instructions)
(a) [
]
(b) [X]
3. SEC
Use
Only
4.
Source
of
Funds (See Instructions). PF
5.
Check
Box
if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e).
[ ]
6.
Citizenship
or Place of Organization. State
of
Maryland, USA
Number
of
7.
Sole
Voting Power.
579,000
Shares
Bene-
ficially
Owned 8. Shared
Voting
Power.
0
By
Each
Reporting
9.
Sole
Dispositive Power. 579,000
Person
With 10.
Shared
Dispositive Power.
0
11. Aggregate
Amount Beneficially Owned by Each Reporting Person.
579,000
12. Check
if
the Aggregate Amount In Row (11) Excludes Certain Shares (See Instructions).
[ ]
13. Percent
of Class Represented by Amount in Row (11).
12%
14. Type
of
Reporting Person. IN
CUSIP
No.: 50062N109
STATEMENT
ON SCHEDULE 13D
KORE
HOLDINGS, INC.
This
Amendment No. One to Schedule 13D amends Robert F. Rood’s original Schedule 13D
reflecting the acquisition of 500,000 shares of the Issuer’s Common Stock dated
July 5, 2005 and filed with the Securities Exchange Commission on August 13,
2002 to reflect the acquisition of an additional 79,000 shares of the Issuer’s
Common Stock.
Item
1. Security
And Issuer.
This
Statement relates to the Common Stock, 0.001 par value (the "Common Stock")
of
Kore Holdings, Inc. (the "Issuer") whose principal executive offices are located
at 4845 Rugby Ave., Bethesda, MD 20814.
Item
2. Identity
and Background.
This
Statement on Schedule 13D (the "Statement") is filed with respect to events
on
March 26, 27, 28 and 30, 2007, and is filed by Robert F. Rood.
The
principal business of Robert Rood is mortgage banking. The address of Robert
F.
Rood, is:
4845
Rugby Ave.
Bethesda,
MD 20814
USA
During
the last five years, Robert F. Rood, has not been convicted in any criminal
proceeding (excluding traffic violations or similar misdemeanors).
During
the last five years, neither Robert F. Rood was a party to a civil proceeding
of
a judicial or administrative body of competent jurisdiction and as a result
of
such proceeding was or is 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.
CUSIP
No.: 50062N109
Item
3. Source
and Amount of Funds or Other Consideration.
The
source of the funds for the purchase of the reported 79,000 shares was the
personal fund of Robert F. Rood. The amount of the funds for the purchase of
the
reported 79,000 shares was $30,670.00. No part of the purchase price is or
will
be represented by funds or other consideration borrowed or otherwise obtained
for the purpose of acquiring, holding, trading or voting the Common
Stock.
Item
4. Purpose
of Transaction.
Robert
F.
Rood acquired the Common Stock to increase his investment in the Issuer. The
Common Stock was not acquired for the purpose of, and do not have the effect
of,
changing the control of the Issuer and were not acquired in connection with,
or
as a participant in, any transaction having such purpose or effect. Robert
F.
Rood has no plans or proposals with any other person or entity, including,
but
not limited to the Issuer, which relate to or would result in (a) the
acquisition by any person of additional securities of the Issuer; (b) an
extraordinary corporate transaction, such as a merger, reorganization or
liquidation, involving the Issuer or any of its subsidiaries; (c) a sale or
transfer of a material amount of assets of the Issuer or any of its
subsidiaries; (d) any change in the present board of directors or management
of
the Issuer, including any plans or proposals to change the number or term of
directors or to fill any existing vacancies on the board; (e) any material
change in the present capitalization or dividend policy of the Issuer; (f)
any
other material change in the Issuer’s business or corporate structure including
but not limited to, if the Issuer were to become a registered closed-end
investment company, any plans or proposals to make any changes in the Issuer’s
investment policy for which a vote is required by section 13 of the Investment
Company Act of 1940; (g) changes in the Issuer’s charter, bylaws or instruments
corresponding thereto or other actions which may impede the acquisition of
control of the Issuer by any person; (h) causing a class of securities of the
Issuer to be delisted from a national securities exchange or to cease to be
authorized to be quoted in an inter-dealer quotation system of a registered
national securities association, (i) a class of equity securities of the Issuer
becoming eligible for termination of registration pursuant to Section 12(g)(4)
of the Securities Exchange Act of 1934; or (j) any action similar to any of
those enumerated above. The reporting persons intend to dispose of the shares
of
the common stock of the Issuer.
Item
5. Interest
in Securities of the Issuer.
Robert
F.
Rood is the direct owner and sole beneficial owner of 579,000 shares of the
Common Stock, $0.001 par value, of the Issuer which represents 12% of the issued
and outstanding shares of the common stock of the Issuer as of the date of
the
reported Event. On April 9, 2007, the Issuer had 4,919,422 shares of common
stock, $0.001 par value, issued and outstanding.
Robert
F.
Rood has the sole power to vote or direct the vote and the sole power to dispose
of or direct the disposition of 579,000 shares of the Common Stock, $0.001
par
value, of the Issuer and there is no shared power to vote or to direct the
vote
and there is no shared power to dispose of or direct the disposition of 579,000
shares of the Common Stock, no par value, of the Issuer.
CUSIP
No.: 50062N109
During
the 60 day period prior to March 26, 2007, Robert F. Rood effected no
transactions in securities of the Issuer.
Prior
to
March 26, 2007 Robert Rood owned 500,000 shares of the Common Stock of the
Issuer and no other securities of the Issuer.
No
other
person has the right to receive or the power to direct the receipt of dividends
from, or the proceeds from the sale of, the Common Stock.
Item
6. Contracts,
Arrangements, Understandings or Relationships with Respect to Securities
of the
Issuer.
There
are
no contracts, arrangements, understandings or relationships (legal or otherwise)
among the persons named in Item 2 and between such persons and any person with
respect to any securities of the Issuer.
Item
7. Material
to Be Filed as Exhibits.
There
are
no exhibits hereto to be filed.
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.
Dated:
April 25, 2007
/S/
Robert F.
Rood
Robert
F.
Rood