UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
|
| ||||||||||||||||||||||||||||||
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Smardon David 130 KING STREET WEST 18TH FLOOR TORONTO, A6 M5X 1E3 |
 X |  |  |  |
/s/ David Smardon | 05/24/2005 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
 Remarks: Mr. Smardon became a director of Azonic Corporation ("Azonic") on October 14, 2004, at which time he owned no shares of Azonic directly.  As Chief Executive Officer and majority shareholder of Nibiru Capital Management Ltd. ("Nibiru"), Mr. Smardon was deemed to be the beneficial owner of the 4,460,000 shares of Azonic held by Nibiru.  On October 29, 2004, Nibiru transferred the ownership of 4,310,000 of its shares of Azonic to various individuals affiliated with Nibiru, except for 150,000 shares, which Nibiru retained direct ownership of.  In connection with this transaction, Mr. Smardon became the direct owner of 860,000 shares of Azonic.  He is currently deemed to be the beneficial owner of the 150,000 shares of Azonic owned by Nibiru. |