UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 4)
Joystar, Inc.
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(Name of Issuer)
Common Stock, no par value per share
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(Title of Class of Securities)
48122A109
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(CUSIP Number)
Joystar, Inc.
95 Argonaut Street
Aliso Viejo, CA 92656
(949) 837-8101
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
March 6, 2006
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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
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box. |_|
The information required on 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. None
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1. Names of Reporting Persons. I.R.S. Identification Nos. of above
persons (entities only).
Myint J. Kyaw
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2. Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) |_|
(b) |_|
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3. SEC Use Only
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4. Source of Funds (See Instructions) (See item 3)
PF
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5. Check if Disclosure of Legal Proceedings Is Required Pursuant
to Items 2(d) or 2(e) |_|
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6. Citizenship or Place of Organization
U.S.A
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7. Sole Voting Power
Number of
Shares 16,930,957
Beneficially ----------------------------------------------------------------
Owned by 8. Shared Voting Power
Each
Reporting ----------------------------------------------------------------
Person With 9. Sole Dispositive Power
16,930,957
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10. Shared Dispositive Power
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11. Aggregate Amount Beneficially Owned by Each Reporting Person
16,930,957
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12. Check if the Aggregate Amount in Row (11) Excludes Certain
Shares (See Instructions)
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13. Percent of Class Represented by Amount in Row (11)
43.1%
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14. Type of Reporting Person (See Instructions)
IN
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Item 1. Security and Issuer.
This Schedule 13D relates to the common stock, no par value per share (the
"Common Stock") of Joystar, Inc., whose principal executive offices are located
at 95 Argonaut Street, Aliso Viejo, CA 92656 (the "Issuer").
Item 2. Identity and Background.
(a) The name of the reporting person is Myint J. Kyaw a.k.a. Jeffrey Wu (the
"Reporting Person").
(b) The business address of the Reporting Person is 100 William Street, Suite
2000, New York, NY 10038.
(c) The Reporting Person's present principal occupation or employment and the
name, principal business and address of any corporation or other organization in
which such employment is conducted is as follows:
i. President of Mon Chong Loong Trading Corp., 56-72 49th Place,
Maspeth, NY 11378;
ii. President of Hong Kong Supermarket, Inc., 109 E. Broadway, New York,
NY 10002;
iii. President of Hong Kong Supermarket of Brooklyn, Inc., 6023 8th
Avenue, Brooklyn, NY 11220;
iv. President of Hong Kong Supermarket of Elmhurst, Inc., 82-02 45th
Avenue, Elmhurst, NY 11373;
v. President of Hong Kong Supermarket of Flushing, Inc., 37-11 Main
Street, Flushing, NY 11354;
vi. President of Hong Kong Supermarket of East Brunswick, Inc., 275
Route 18 South, East Brunswick, NJ 08816; and
vii. Chief Executive Officer of Yifan Communications, Inc., 100 William
Street, Suite 2000, New York, NY 10038.
(d) The Reporting Person has not been convicted in any criminal proceedings
during the last five years.
(e) The Reporting Person has not been a party to any civil proceedings during
the last five years.
(f) The Reporting Person is a citizen of the U.S.A.
Item 3. Source and Amount of Funds or Other Consideration.
Since the date of the Reporting Person's most recent Schedule 13D, and as
of the date hereof, the Reporting Person has acquired 347,000 shares of Common
Stock from the public market for various purchase prices equal to an aggregate
of approximately $251,720. The source of funding for all purchases was personal
funds.
Item 4. Purpose of Transaction.
The Reporting Person has been accumulating Common Stock of the Issuer and
may continue doing so. As a result of the Reporting Person's accumulation of
8,930,957 shares of Common Stock and 8,000,000 warrants to purchase common stock
at an exercise price of $.50 per share (the "Warrants"), the Reporting Person
may seek to change or influence the control of the Issuer, or in connection with
or as a participant in any transaction having that purpose or effect.
Item 5. Interest in Securities of the Issuer.
(a) The Reporting Person beneficially owns an aggregate of 16,930,957
shares of Common Stock, representing 43.1% of the outstanding shares of Common
Stock (based, as to the number of outstanding shares, upon the Issuer's Form
10-QSB filed November 16, 2005 and assuming for such purpose the full exercise
of the Warrants).
(b) The Reporting Person has the sole right to vote and dispose, or direct
the disposition, of the 16,930,957 shares of Common Stock beneficially owned by
the Reporting Person.
(c) The Reporting Person's purchases of the Issuer's Common Stock since
February 1, 2006, the last date of his purchases which were filed on a Schedule
13D are as follows:
Date Shares of Common Stock Price per Share
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February 3, 2006 17,500 .69
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12,500 .70
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February 6, 2006 7,500 .70
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7,500 .71
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7,000 .72
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2,500 .725
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2,500 .73
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February 13, 2006 2,500 .79
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22,500 .80
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15,000 .81
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20,000 .82
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February 15, 2006 10,000 .78
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10,000 .79
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February 16, 2006 5,000 .739
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15,000 .74
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10,000 .749
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20,000 .75
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7,500 .769
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2,500 .77
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February 17, 2006 30,000 .75
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5,000 .76
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10,000 .78
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5,000 .79
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February 22, 2006 3,530 .74
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16,470 .75
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March 1, 2006 2,500 .58
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15,940 .59
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11,560 .60
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10,000 .63
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March 3, 2006 20,000 .64
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March 6, 2006 2,500 .60
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8,500 .61
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9,000 .65
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(d) Other than the Reporting Person, no other person is known to have the
right to receive or the power to direct the receipt of dividends from, or the
proceeds from the sale of, the 16,930,957 shares of Common Stock beneficially
owned by the Reporting Person.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer.
None.
Item 7. Material to Be Filed as Exhibits.
None.
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.
March 7, 2006
MYINT J. KYAW
/s/ Myint J. Kyaw
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