biosolarsc13g1022013.htm


SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934


BioSolar, Inc.
(Name of Issuer)

Common Stock, $.0001 par value per share
(Title of Class of Securities)

09070K-10-1
(CUSIP Number)

September 16, 2013
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[_] Rule 13d-1(b)

[X] Rule 13d-1(c)

[_] Rule 13d-1(d)

*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 and Exchange Act of 1934 (the “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).


Persons who respond to the collection of information contained in this form are not required to respond unless the forms displays a currently valid OMB control number
 
 
 

 


CUSIP No. 09070K-10-1
 
13G
 
     
1
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
 
     
 
Eloy Corona
 
2
CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP
 
   
(a) o
   
(b) x Reporting person is affiliated with other persons
3
SEC USE ONLY
 
     
     
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
     
 
United States
 
 
5
SOLE VOTING POWER
     
 
  
227,273
NUMBER OF
6
SHARED VOTING POWER
SHARES
   
BENEFICIALLY
  
245,060
OWNED BY
7
SOLE DISPOSITIVE POWER
EACH REPORTING
   
PERSON WITH
  
227,273
 
8
SHARED DISPOSITIVE POWER
     
 
  
245,060
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
     
 
472,333*
 
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
     
   
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
     
 
6.03%*
 
12
TYPE OF REPORTING PERSON
 
     
 
IN
 

     
*See Item 4 –      
                                See Item 4 - Ownership
    See
 
 

 
 
ITEM 1.            SECURITY AND ISSUER.

 
(a)
Name of Issuer:

          BioSolar, Inc.
 
 
(b)
Address of Issuer:

          27936 Lost Canyon Road, Suite 202
         Santa Clarita, California 91387

ITEM 2.            IDENTITY AND BACKGROUND.

Item 2(a).                Name of Person Filing:

This statement is being filed by Eloy Corona (the “Reporting Person”).

Item 2(b)                Address of Principal Business Office or, if none, Residence:

Eloy Corona, has a business address at c/o BioSolar, Inc., 27936 Lost Canyon Road, Suite 202, Santa Clarita, California 91387.

Item 2(c).                Citizenship:

Eloy Corona is a United States citizen.

Item 2(d).                Title of Class of Securities:

Common Stock, par value $.0001 per share.

Item 2(e).                CUSIP Number:

09070K-10-1


Item 3.      If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 
(a)
o
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
       
 
(b)
o
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
       
 
(c)
o
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
       
 
(d)
o
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
       
 
(e)
o
An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
       
 
(f)
o
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
       
 
(g)
o
A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
       
 
(h)
o
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
       
 
(i)
o
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
       
 
(j)
o
Group, in accordance with §240.13d-1(b)(1)(ii)(J).

 
 

 
 
ITEM 4.            OWNERSHIP

   a)
 Amount beneficially owned:    
 
 
Reporting Person
 
Shares
 
Eloy Corona
 
472,333*
 
 
 
(b)
Percent of class:   
 
 
Reporting Person
 
Percent*
 
Eloy Corona
 
6.03
%
                              *based upon 7,839,117 shares of the Issuer’s common stock issued
       and outstanding as of July 25, 2013.
 
(c)
Number of shares as to which the person has:
 
   
(i)
Sole power to vote or to direct the vote with respect to each Reporting Person

Reporting Person
 
Shares
 
Eloy Corona
 
227,273
 

   
(ii)
Shared power to vote or to direct the vote    
                                                                                               
 
Reporting Person
 
Shares
 
Eloy Corona
 
245,060
 

   
(iii)
Sole power to dispose or to direct the disposition of with respect to each Reporting Person

Reporting Person
 
Shares
 
Eloy Corona
 
227,273
 

   
(iv)
Shared power to dispose or to direct the disposition of   
 
 
Reporting Person
 
Shares
 
Eloy Corona
 
245,060
 

*227,273 of such shares are owned solely by the Reporting Person.  203,096 of such shares are owned by the Eloy and Ellen Corona Rev Living Trust dated 6/15/2010, over which the Reporting Person is a Co-trustee, with such Reporting Person’s spouse as the sole other Co-trustee.  32,640 of such shares are owned by the Reporting Person’s spouse.  490 of such shares are owned by two of the Reporting Person’s children.  8,834 are owned jointly by the Reporting Person and the Reporting Person’s spouse.

ITEM 5.    OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
 
                    Not applicable.
 
ITEM 6.
OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
         
          Not applicable.
 
 
 

 


ITEM 7.
IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:
 
          Not applicable.

ITEM 8.
IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
 
          Not Applicable.

ITEM 9.            NOTICE OF DISSOLUTION OF GROUP:
 
          Not applicable.

ITEM 10.          CERTIFICATION:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose or with the effect of changing or influencing the control of the issuer of the securities and were not acquired or held in connection with or as a participant in any transaction having that purpose or effect.
 
 
 

 
 
SIGNATURES

 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 accurate.
 
     
 
Eloy Corona
     
October 2, 2013
By: 
/s/ Eloy Corona