SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
MarketShare Recovery, Inc.
(Name of Issuer)
Common Stock, $.10 par value per share
(Title of Class of Securities)
570913 103
(CUSIP Number of Class of Securities)
Epifanio Almodovar
400 Garden City Plaza, Suite 106
Garden City, New York 11530
(516) 214-0219
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
September 9, 2003
(Date of Event which Requires
Filing of this Schedule)
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 ss. 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 the schedule, including all exhibits. See Rule 240.13d-7 for other
parties to whom copies are to be sent.
CUSIP No. 570913 103 Page 2 of 5
SCHEDULE 13D
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Epifanio Almodovar
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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7 SOLE VOTING POWER
3,490,000
NUMBER OF --------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
OWNED BY --
EACH --------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH 3,490,000
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10 SHARED DISPOSITIVE POWER
--
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
3,490,000
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.6%
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14 TYPE OF REPORTING PERSON*
IN
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CUSIP No. 570913 103 Page 3 of 5
Item 1. Security and Issuer.
This statement on Schedule 13D ("Schedule 13D") is being filed with
respect to the common stock, $.10 par value (the "Common Stock"), of MarketShare
Recovery, Inc., a Delaware corporation (the "Company"). The Company's principal
executive office is located at 95 Broadhollow Road, Suite 101, Melville, NY
11747.
Item 2. Identity and Background.
(a) This statement is filed by Epifanio Almodovar (the "Reporting
Person") with respect to shares directly owned by him.
Any disclosures herein with respect to persons other than the Reporting
Person is made on information and belief after making inquiry to the appropriate
party.
(b) The business address of Epifanio Almodovar is 400 Garden City
Plaza, Suite 106, Garden City, New York 11530.
(c) Mr. Almodovar is self-employed as a financial and public relations
consultant and is a private investor.
(d) The Reporting Person has not, during the last five (5) years been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors).
(e) The Reporting Person has not during the last five years, been 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.
(f) Mr. Almodovar is a citizen of the United States of America.
Item 3. Source and Amount of Funds or Other Consideration.
On September 9, 2003 Mr. Almodovar received 3,141,000 shares of the
Company's Common Stock for personal services rendered to the Company. On
September 18, 2003, Mr. Almodovar received an additional 349,000 from the
Company for personal services rendered to the Company. As a result, Mr.
Almodovar owns 3,490,000 shares of the Company's Common Stock.
Item 4. Purpose of Transaction.
CUSIP No. 570913 103 Page 4 of 5
The shares of Common Stock deemed to be beneficially owned by Mr.
Almodovar were acquired for, and are being held for, investment purposes. The
shares of Common Stock were not acquired for the purpose of acquiring control of
the Company.
The Reporting Person may in the future directly acquire shares of
Common Stock in open market or private transactions, block purchases or
otherwise. The Reporting Person may continue to hold or dispose of all or some
of the securities reported herein from time to time, in each case in open market
or private transactions, block sales or purchases or otherwise, subject to
compliance with applicable law. Other than as set forth herein, the Reporting
Person has no plans or proposals which relate to, or could result in, any of the
matters referred to in paragraphs (b) through (j), inclusive, of Item 4 of the
Schedule 13D. The Reporting Person may, at any time and from time to time,
review or reconsider his or its position and formulate plans or proposals with
respect thereto, but has no present intention of doing so.
Item 5. Interest in Securities of the Issuer.
(a) As of the close of business on October 25, 2004, the Reporting
Person was the beneficial owner, within the meaning of Rule 13d-3 under the
Exchange Act, of 3,490,000 shares of Common Stock. As of October 25, 2004 these
shares represented 7.6% of the sum of the 45,702,256 total shares of Common
Stock outstanding as reported by the Company's transfer agent.
(b) The sole or shared power to vote or dispose of, or to direct the
vote or disposition of the Common Stock with respect to each Reporting Person
noted in paragraph (a) of this Item 5 is as set forth on the cover sheets of
this Schedule 13D.
(c) There have been no transactions involving the shares of Common
Stock of the Company engaged in by Mr. Almodovar during the 60 day period prior
to and including August 25, 2004 up to the present.
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 Reporting Persons named in Item 2 of this
statement and between such Reporting Persons and any person with respect to any
securities of the Company, including but not limited to transfer or voting of
any of the securities, finder's fees, joint ventures, loan or option
arrangements, puts or calls, guarantees of profits, division of profits or loss,
or the giving or withholding of proxies.
Item 7. Material to be Filed as Exhibits.
None
CUSIP No. 570913 103 Page 5 of 5
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete and correct.
Dated: October 27, 2004 /s/ Epifanio Almodovar
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Epifanio Almodovar