Form 8-K
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of
Report (Date of earliest event reported): January 01, 2007
LONESTAR
Group Holdings Company
(Exact
name of registrant as specified in its charter)
|
Nevada
|
333-86518
|
75-3025152
|
|
(State
or other jurisdiction of incorporation)
|
(Commission
File Number)
|
(IRS
Employer Identification No.)
|
4606
FM
1960W Suite:443, Houston Texas, 77069
(Address
of principal executive offices) (Zip Code)
Registrant's
telephone number, including area code: (281) 315-8895
N/A.
(Former
name or former address, if changed since last report)
Check
the
appropriate box below if the Form 8-K is intended to simultaneously satisfy
the
filing obligation of the registrant under any of the following
provisions:
[
]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[
]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[
]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act
(17 CFR 240.14d-2(b))
[
]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act
(17 CFR 240.13e-4(c))
Section
5 - Corporate Governance and Management
Item
5.01 - Changes in Control of Registrant
Lonestar
Group Holdings: Lone Star Group Holdings announces expanded business direction
(January 01, 2007)
Lonestar
Group Holdings has spent the past two and a half months or so restructuring
its
business model and the company - as well as planning its spin off subsidiary
strategy for its acquired companies.
At
the
end of December, Lonestar Group Holdings (LSGH.OB) announced a restructuring
of
its business model “to focus on shareholder appreciation and value,” a statement
by the company said. Lonestar currently has business interests in insurance,
natural gas, real estate, business development and financial services.
“Our
business' gross profitability is expected to grow over the coming quarters
due
to the fact that we have our core businesses in position to profit in both
sales
and development.”
“Lonestar
Holdings will operate as a business development company that incubates,
develops, and acquires portfolio companies in various industries to maximize
shareholder value through eventual public offering, sale, or merger, acquisition
or similar business combination,” So, for all practical purposes, ownership of
Lonestar Holdings will lead to ownership in not only Lakeside but future
spin-offs and shareholder dividends from both companies.”
Lonestar
Group Holdings: Lone Star Group Holdings announces special shareholder dividend
(January 11, 2007)
Lone
Star
Group Holdings (OTCBB: LSGH)
formally US Energy Holdings (OTCBB: USEH) board of directors decided to increase
the shareholders position by issuing a 1 for 1 restricted dividend for
shareholders of record on January 31, 2007
Lone
Star
Group Holdings through its expanded business plan is engaging an additional
four
acquisitions with the first of four now moving to LOI, the board of directors
has decided to increase shareholder value in all planned acquisitions by issuing
this first of several expected dividends.
The
plan
of Lone Star Holdings is to acquire or bring in several subsidiary companies
under the parent with the purpose of “Spinning” those companies out into their
own public entity. The benefit of the parent shareholder(s) of record is that
for a single investment they will receive additional newly issued share(s)
in
the “Spin Out” subsidiaries.
(Example:
"Spin Out") - Any corporation that wishes to grant freedom to its subsidiary
to
tap the power of the financial markets has the choice of "Spin Off". It can
"Spin Off" the subsidiary by selling its entire stake to the public -- usually
as a special stock dividend and creating a new company with a separate and
independent board of directors. It also can take an equity carve out, issuing
or
selling a portion of its equity in the subsidiary to the public and (usually)
keeping a majority stake in the new company, which has a separate board of
directors, assets, liabilities and officers.
(Example:
"Dividend") - A portion of company’s quarterly profit paid to its shareholders
in the form of cash or stock.
Lonestar
Group Holdings: Lone Star Group Holdings
announces special ”LIKE KIND” shareholder dividend (January 29,
2007)
Lonestar
Group Holdings (OTCBB: LSGH),
is
announced that a meeting of the LONESTAR GROUP HOLDINGS INC. Board of Directors
was called to order at approximately 10:00 AM on January 22nd, 2007 at the
Offices of LONESTAR GROUP HOLDINGS Inc. Located at 4606 1960 W Houston Texas,
77069, it was unanimously approved that a special dividend to the current
shareholders of Lonestar Group Holdings would be issued on a 1 for 1 “LIKE KIND”
basis, the stock dividend would be issued by the company’s transfer agent of
record and the stock described would be “LIKE KIND”. The stock would be issued
to all shareholders of record as of 02-07-07 with a Pay Date of
2-14-07.
Lonestar
Group Holdings: Lone Star Group Holdings announces approval of revolving credit
line (February 05, 2007)
Lone
Star
Group Holdings (OTCBB: LSGH)
formally US Energy Holdings (OTCBB: USEH) board of directors announced that
they
have approved a financing vehicle to provide financing for subsidiaries of
Lonstar Group Holdings.
Atlanta
Georgia based EMG, ICC and SGS have agreed to terms to provide a 9.6 million
dollar revolving line of credit to Lonestar Group Holdings, detail, terms of
the
agreement and a schedule of LSGH
subsidiary financing will be made available through the companies website and
will be futher discussed in the LIVE meeting to be held on Qwoter.com Boardroom
Discussions Tuesday February 06, 2007 at 10:30 CST.
If
you
would like to sign-up and interact with Lonestar Group Holdings Management
please go to http://www.qwoter.com/boardroom .
Signatures
Pursuant
to the requirement of the Securities Exchange Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.
Lonestar
Group Holdings Company
February
8, 2007
/s/
Claude Eldridge
Claude
Eldridge
Chairman