UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

SCHEDULE 13G

 

 

Under the Securities Exchange Act of 1934
(Amendment No.     )*

 

QUEPASA CORPORATION

(Name of Issuer)

Common Stock

(Title of Class of Securities)

74833W206

(CUSIP Number)

March 29, 2006

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o

Rule 13d-1(b)

ý

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. 74833W206

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Fredric W. Levin IRA Rollover

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

ý

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
United States

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
None.

 

6.

Shared Voting Power 
413,175

 

7.

Sole Dispositive Power 
None.

 

8.

Shared Dispositive Power
413,175

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
413,175

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
5.3%

 

 

12.

Type of Reporting Person (See Instructions)
EP

 

2



 

CUSIP No. 74833W206

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Fredric W. Levin

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

ý

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
United States

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
7,625

 

6.

Shared Voting Power 
474,675

 

7.

Sole Dispositive Power 
7,625

 

8.

Shared Dispositive Power
474,675

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
482,300

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
6.1%

 

 

12.

Type of Reporting Person (See Instructions)
IN

 

3



 

CUSIP No. 74833W206

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Wende A. Cohen

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

ý

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
United States

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
None.

 

6.

Shared Voting Power 
15,000

 

7.

Sole Dispositive Power 
None.

 

8.

Shared Dispositive Power
15,000

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
15,000

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
0.2%

 

 

12.

Type of Reporting Person (See Instructions)
IN

 

4



 

CUSIP No. 74833W206

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Sefra A. Levin

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

ý

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
United States

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
None.

 

6.

Shared Voting Power 
2,500

 

7.

Sole Dispositive Power 
None.

 

8.

Shared Dispositive Power
2,500

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
2,500

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
Less than 0.1%

 

 

12.

Type of Reporting Person (See Instructions)
IN

 

5



 

CUSIP No. 74833W206

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Jesse A. Levin

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

ý

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
United States

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
670

 

6.

Shared Voting Power 
2,500

 

7.

Sole Dispositive Power 
670

 

8.

Shared Dispositive Power
2,500

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,170

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
Less than 0.1%

 

 

12.

Type of Reporting Person (See Instructions)
IN

 

6



 

CUSIP No. 74833W206

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Wende Cohen Custodian for Sarah Jane Cohen UTMA

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

ý

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
United States

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
None.

 

6.

Shared Voting Power 
10,000

 

7.

Sole Dispositive Power 
None.

 

8.

Shared Dispositive Power
10,000

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
10,000

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
0.1%

 

 

12.

Type of Reporting Person (See Instructions)
OO

 

7



 

CUSIP No. 74833W206

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Wende Cohen Custodian for Clayton Alexander Cohen UTMA

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

ý

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
United States

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
None.

 

6.

Shared Voting Power 
10,000

 

7.

Sole Dispositive Power 
None.

 

8.

Shared Dispositive Power
10,000

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
10,000

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
0.1%

 

 

12.

Type of Reporting Person (See Instructions)
OO

 

8



 

CUSIP No. 74833W206

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Fredric Levin Trustee Kim E. Levin Trust

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

ý

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
United States

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
None.

 

6.

Shared Voting Power 
7,500

 

7.

Sole Dispositive Power 
None.

 

8.

Shared Dispositive Power
7,500

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
7,500

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
0.1%

 

 

12.

Type of Reporting Person (See Instructions)
OO

 

9



 

CUSIP No. 74833W206

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Fredric Levin Trustee Amy G. Levin Trust

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

ý

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
United States

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
None.

 

6.

Shared Voting Power 
2,500

 

7.

Sole Dispositive Power 
None.

 

8.

Shared Dispositive Power
2,500

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
2,500

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
Less than 0.1%

 

 

12.

Type of Reporting Person (See Instructions)
OO

 

10



 

CUSIP No. 74833W206

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Martha J. Levin

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

ý

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
United States

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
None.

 

6.

Shared Voting Power 
5,600

 

7.

Sole Dispositive Power 
None.

 

8.

Shared Dispositive Power
5,600

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
5,600

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
0.1%

 

 

12.

Type of Reporting Person (See Instructions)
IN

 

11



 

CUSIP No. 74833W206

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Fredric Levin Trustee Martha J. Levin Trust u/t/a/ dated 10/9/1987

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

ý

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
United States

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
None.

 

6.

Shared Voting Power 
4,000

 

7.

Sole Dispositive Power 
None.

 

8.

Shared Dispositive Power
4,000

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
4,000

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
0.1%

 

 

12.

Type of Reporting Person (See Instructions)
OO

 

12



 

CUSIP No. 74833W206

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Fredric Levin Trustee Martha J. Levin Trust u/t/a dated 7/10/1980

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

ý

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
United States

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
None.

 

6.

Shared Voting Power 
400

 

7.

Sole Dispositive Power 
None.

 

8.

Shared Dispositive Power
400

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
400

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
Less than 0.1%

 

 

12.

Type of Reporting Person (See Instructions)
OO

 

13



 

CUSIP No. 74833W206

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Carla Strobel

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

ý

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
United States

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
None.

 

6.

Shared Voting Power 
1,500

 

7.

Sole Dispositive Power 
None.

 

8.

Shared Dispositive Power
1,500

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
1,500

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
Less than 0.1%

 

 

12.

Type of Reporting Person (See Instructions)
IN

 

14



 

Item 1.

 

(a)

Name of Issuer
Quepasa Corporation

 

(b)

Address of Issuer’s Principal Executive Offices
410 N. 44
th Street

Suite 450

Phoenix, Arizona 85008

 

Item 2.

 

(a)

Name of Person Filing
See Cover Pages, Item 1.

 

(b)

Address of Principal Business Office or, if none, Residence
All Reporting Persons (as defined below), except for the two individuals reported below:

c/o Fredric W. Levin

16 S. Main Street #303

Norwalk, CT  06854

 

Carla Strobel

29 Blue Ribbon Drive

Westport, CT 06880

 

Jesse A. Levin

30 Beachside Avenue

Westport, CT 06880

 

(c)

Citizenship
See Cover Pages, Item 4.

 

(d)

Title of Class of Securities
Common Stock (including securities which represent a right to acquire Common Stock pursuant to Rule 13d-3(d)(1))

 

(e)

CUSIP Number
74833W206

 

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

(a)

o

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

 

(b)

o

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

 

(c)

o

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

 

(d)

o

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).

 

(e)

o

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

 

(f)

o

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

 

(g)

o

A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

 

(h)

o

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

 

(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 (15 U.S.C. 80a-3);

 

(j)

o

Group, in accordance with §240.13d-1(b)(1)(ii)(J).

 

Not applicable.

 

15



 

Item 4.

Ownership

 

See Cover Pages, Items 5 through 11.

 

Amounts shown as beneficially owned are as of April 20, 2006 and give effect to purchases after March 29, 2006.  The approximate percentages of shares of Common Stock reported as beneficially owned by the Reporting Persons (as defined below) are based upon 7,872,021 shares of Common Stock outstanding, as reported by the Issuer in its Annual Report on Form 10-KSB for the fiscal year ended December 31, 2005.

 

The securities are held directly by the various parties listed on the cover pages (the “Reporting Persons”).  Fredric Levin shares voting and investment control over such securities (other than 670 shares held by Jesse Levin) and may be deemed to be the beneficial owner of such securities.  Shares held by two Reporting Persons, Sefra Levin and Jesse Levin (2,500 shares each), were held in Uniform Gift to Minors Accounts as of March 29, 2006, the date requiring the filing of this form, but are now held by such persons directly.

 

By making this filing, the Reporting Persons acknowledge that they may be deemed to constitute a “group” within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), in connection with the securities of the Company. Each Reporting Person disclaims the existence of a “group” and disclaims beneficial ownership of all shares of Common Stock other than any shares reported herein as being owned by him, her or it, as the case may be.

 

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

(a)

Amount beneficially owned:   

 

 

(b)

Percent of class:   

 

 

(c)

Number of shares as to which the person has:

 

 

 

(i)

Sole power to vote or to direct the vote   

 

 

 

(ii)

Shared power to vote or to direct the vote    

 

 

 

(iii)

Sole power to dispose or to direct the disposition of   

 

 

 

(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.

 

Not applicable.

 

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person

 

Not applicable.

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

 

Not applicable.

 

Item 8.

Identification and Classification of Members of the Group

 

See identities of Reporting Persons on cover pages.  See disclaimer in Item 4.

 

Item 9.

Notice of Dissolution of Group

 

Not applicable.

 

Item 10.

Certification

By signing below each of the Reporting Persons certifies that, to the best of his, her or its knowledge and belief, the securities referred to above were not acquired and are not 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.

 

16



 

SIGNATURE

 

Each of the undersigned hereby agrees that the Schedule 13G filed on the date hereof with respect to the shares of Common Stock of Quepasa Corporation has been filed on behalf of the undersigned. After reasonable inquiry and to the best of the knowledge and belief of the undersigned, each of the undersigned certifies that the information set forth in this statement with respect to such entity or individual is true, complete and correct.

 

Dated:  April 20, 2006

 

 

 

Fredric W. Levin IRA Rollover

 

Fredric W. Levin

 

Wende A. Cohen

 

Sefra A. Levin

 

Jesse A. Levin

 

Wende Cohen Custodian for Sarah Jane Cohen UTMA

 

Wende Cohen Custodian for Clayton Alexander Cohen UTMA

 

Fredric Levin Trustee Kim E. Levin Trust

 

Fredric Levin Trustee Amy G. Levin Trust

 

Martha J. Levin

 

Fredric Levin Trustee Martha J. Levin Trust u/t/a dated 10/9/1987

 

Fredric Levin Trustee Martha J. Levin Trust u/t/a dated 7/10/1980

 

Carla Strobel

 

 

 

 

 

By:

/s/ Fredric W. Levin

 

 

 

Fredric W. Levin,

 

 

Individually and as

 

 

Attorney-in-fact for the

 

 

above-listed Reporting Persons

 

17



 

Power of Attorney

 

The undersigned hereby make, constitute and appoint Fredric W. Levin, acting individually, with full power of substitution, the true and lawful attorney-in-fact for the undersigned, in the undersigned’s name, place and stead and on the undersigned’s behalf, to complete, execute and file with the United States Securities and Exchange Commission (the “Commission”), statements on Schedules 13G or 13D with respect to the securities of Quepasa Corporation, a Nevada corporation, and any and all amendments thereto pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder, and any other forms, certificates, documents or instruments (including a joint filing agreement) that the attorney-in-fact deems necessary or appropriate in order to enable the undersigned to comply with the requirements of said Section 13(d) and said rules and regulations.

 

This Power of Attorney shall remain in effect for a period of two years from the date hereof or until such earlier date as a written revocation thereof is filed with the Commission.

 

Dated:  April 20, 2006

 

/s/ Fredric W. Levin

 

/s/ Wende Cohen

 

 

 

 

 

Fredric W. Levin

 

Wende Cohen Custodian for Sarah Jan Cohen UTMA

 

 

 

 

 

/s/ Fredric W. Levin

 

/s/ Wende Cohen

 

 

 

 

 

Fredric W. Levin IRA Rollover

 

Wende Cohen Custodian for

 

 

 

Clayton Alexander Cohen UTMA

 

 

 

 

 

 

 

 

 

/s/ Wende A. Cohen

 

/s/ Fredric Levin

 

 

 

 

 

Wende A. Cohen

 

Fredric Levin Trustee Kim E. Levin Trust

 

 

 

 

 

 

 

 

 

/s/ Sefra A. Levin

 

/s/ Fredric Levin

 

 

 

 

 

Sefra A. Levin

 

Fredric Levin Trustee Amy G. Levin Trust

 

 

 

 

 

 

 

 

 

/s/ Jesse A. Levin

 

/s/ Martha Levin

 

 

 

 

 

Jesse A. Levin

 

Martha J. Levin

 

 

 

 

 

 

 

 

 

/s/ Fredric Levin

 

/s/ Fredric Levin

 

 

 

 

 

Fredric Levin Trustee Martha J. Levin Trust

 

Fredric Levin Trustee Martha J. Levin Trust

 

u/t/a dated 10/9/1987

 

u/t/a dated 7/10/1980

 

 

 

 

 

/s/ Carla Strobel

 

 

 

 

 

 

 

Carla Strobel

 

 

 

18