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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13D
(Rule 13d-101)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1(a) AND 13d-2(a)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. )(1)
NORSTAR GROUP, INC.
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(Name of Issuer)
Common Stock, par value $0.01 per share
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(Title of Class of Securities)
656 541 208
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(CUSIP Number)
Harry F. DiFrancesco, c/o NorStar Group, Inc.
6365 N.W. 6th Way, Suite 160, Fort Lauderdale, FL 33309
Tel: (954) 772-0240
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
01/27/00
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(Date of event which requires filing of this statement)
If the filing person has previously filed a statement on Schedule 13G to
report th e 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 [ ].
(Page 1 of 5 Pages)
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(1) 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 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).
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CUSIP No. 656 541 208 SCHEDULE 13D Page 2 of 5 Pages
_______________________________________________________________________________
1 NAME OF REPORTING PERSONS
S.S OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Harry F. DiFrancesco
______________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
______________________________________________________________________________
3 SEC USE ONLY
______________________________________________________________________________
4 SOURCE OF FUNDS*
PF
______________________________________________________________________________
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 | | 1,500,000
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8 | SHARED VOTING POWER
REPORTING | | 0
PERSON WITH |_____|________________________________________________________
| |
| 9 | SOLE DISPOSITIVE POWER
| | 1,500,000
|_____|________________________________________________________
| |
| 10 | SHARED DISPOSITIVE POWER
| | 0
_______________|_____|_________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,500,000
______________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
______________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.7%
______________________________________________________________________________
14 TYPE OF REPORTING PERSON*
IN
______________________________________________________________________________
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
SCHEDULE 13D
Item 1
Title of Securities. Common Stock, par value, $0.01 per share.
Name of Issuer. NorStar Group, Inc.
Address of Issuer's Principal Executive Office.
6365 N.W. 6th Way, Suite 160, Fort Lauderdale, FL 33309
Item 2
(a) Name of Person Filing. This Schedule 13D is being filed for
Harry F. DiFrancesco ("DiFrancesco")
(b) Address of Principal Business Office. The principal business
office of DiFrancesco is 6365 N.W. 6th Way, Suite 160, Fort
Lauderdale, FL 33309
(c) DiFrancesco is President and Chairman of the Board for NorStar
Group, Inc.
(d) During the last five years, DiFrancesco has not been convicted
in any criminal proceeding.
(e) During the last five years, DiFrancesco has not been a party
to any civil proceeding of a judicial or administrative body
of competent jurisdiction, which resulted in 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.
(f) Citizenship. DiFrancesco is a United States citizen.
Item 3 DiFrancesco purchased the shares from his own personal funds.
He paid a total of $1500 for the 1,500,000 shares.
Item 4 DiFrancesco purchased these shares for investment purposes
only. He has no plans, nor is he aware of any plans, to change
the control of the Company.
Item 5. Ownership
(a) Amount Beneficially Owned. As of the date hereof DiFrancesco
owned 1,500,000 shares of the issuer's Common Stock. Percent
of Class. The shares of Common Stock held by DiFrancesco
represent 9.7% of the Common Stock outstanding as of the date
hereof.
(b) Number of shares as to which such person has:
Sole power to vote or to direct the vote: 1,500,000
Shared power to vote or to direct the vote: 0
Sole power to dispose or to direct the disposition of: 1,500,000
Shared power to dispose or to direct the disposition of: 0
page 3 of 5 pages
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(c) On August 4, 1998, DiFrancesco acquired 500,000 shares of Common
Stock from NorStar. On July 9, 1999 DiFrancesco acquired 1,000,000
shares of NorStar Common Stock
Item 6 Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer
N/A
Item 7 Exhibits
N/A
page 4 of 5 pages
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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.
DATE: February 14, 2000
HARRY F. DIFRANCESCO
By: /s/ H.F. DiFrancesco
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Name:
Title: President
page 5 of 5 pages
