FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN 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

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(Print or Type Responses)

1. Name and Address of Reporting Person * FALCON SOLUTIONS LTD   2. Issuer Name and Ticker or Trading Symbol PRECISION AUTO CARE INC [PACI] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner _____ Officer (give title below) __X__ Other (specify below) Former director (Last) (First) (Middle) 2, HARBORMASTER PLACE, CUSTOME HOUSE DOCK 3. Date of Earliest Transaction (Month/Day/Year) 04/03/2007 (Street) DUBLIN I IRELAND, L2 00000 4. If Amendment, Date Original Filed(Month/Day/Year) 11/04/2002 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock (1) 04/03/2007 04/03/2007 P   1,520,421 (2) D $ 0 5,109,333 (3) I (4) President/Owner of Desarrollo Integrado, S.A. de C.V.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
FALCON SOLUTIONS LTD 2, HARBORMASTER PLACE CUSTOME HOUSE DOCK DUBLIN I IRELAND, L2 00000				Former director

Signatures

Frederick F. Simmons by Power of Attorney for Falcon Solutions, Ltd.		04/04/2007
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(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).
(1)	Owned by Falcon Solutions, Ltd., a limited partnership, wholly owned by members of the Zambrano family. Mauricio Zambrano, former PACI director, owns more than 10% of Falcon Solutions, Ltd.
(2)	For estate purposes, 1,520,421 shares of PACI stocked owned by Falcon Solutions, Ltd. was transferred to Meta Investments, LLP a company incorporated in England
(3)	Remaining securities owned as follows: 3,597 Common Stock Directly owned by Mauricio Zambrano 882,000 Common Stock owned by Desarrollo Integrado, S.A. de C.V. (company owned by Mr. Zambrano) 4,047,336 CommonStock (Warrants) owned by Desarrollo INtegrado, S.A. de C.V. (company owned by Mr. Zambrano) 175,400 Series A Cumulative Redeemable Preferred Stock owned by Desarrollo Integrado, S.A. de C.V. (company owned by Mr. Zambrano)
(4)	Only 3,597 shares of Common Stock directly owned by Mauricio Zambrano. All other holdings are indirectly held via Desarrollo Integrado, S.A. de C.V.

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