UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
SCHEDULE
13D
Under
the Securities Exchange Act of 1934
Zeta
Acquisition Corp. III
(Name
of
Issuer)
Common
Stock, par value $0.0001 per share
(Title
of
Class of Securities)
None
(CUSIP
Number)
Argyris
Vassiliou
45
- 10
Court Square, FL#2
Long
Island City, NY 11101
(718)
784-8020
(Name,
Address and Telephone Number of Person
Authorized
to Receive Notices and Communications)
April
1,
2008
(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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box. o
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
| 1 | NAMES OF REPORTING PERSONS: Argyris
Vassiliou
|
||||||||||
| I.R.S. IDENTIFICATION NOS. OF ABOVE
PERSONS
(ENTITIES ONLY): |
|||||||||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP
(SEE INSTRUCTIONS): |
||||||||||
| (a) o | |||||||||||
| (b) o | |||||||||||
| 3 | SEC USE ONLY: | ||||||||||
| 4 | SOURCE OF FUNDS (SEE INSTRUCTIONS): | ||||||||||
| PF | |||||||||||
| 5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e): | ||||||||||
| o | |||||||||||
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION: | ||||||||||
| USA | |||||||||||
| 7 | SOLE VOTING POWER: | ||||||||||
| 1,000,000 | |||||||||||
| NUMBER OF | |||||||||||
| SHARES | 8 | SHARED VOTING POWER: | |||||||||
| BENEFICIALLY | |||||||||||
| OWNED BY | |||||||||||
| EACH | 9 | SOLE DISPOSITIVE POWER: | |||||||||
| REPORTING | 1,000,000 | ||||||||||
| PERSON | |||||||||||
| WITH | 10 | SHARED DISPOSITIVE POWER: | |||||||||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: | ||||||||||
| 1,000,000 | |||||||||||
| 12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS): | ||||||||||
| o | |||||||||||
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): | ||||||||||
| 20% | |||||||||||
| 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, par value $0.0001 per share (the
“Common Stock”) of Zeta Acquisition Corp. III, whose principal executive offices
are located at c/o Equity Dynamics Inc., 666
Walnut Street,
Suite
2116, Des Moines, IA 50309 (the “Issuer”).
Item
2. Identity and Background.
(a)
The
name of the reporting person is Argyris Vassiliou (the “Reporting Person”).
(b)
The
business address of the Reporting Person is 45 - 10 Court Square, FL#2, Long
Island City, NY 11101.
(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 President of ACME Pallet Company, Inc., located
at 45 - 10 Court Square, FL#2, Long Island City, NY 11101.
(d)
The
Reporting Person has not, during the last five years, been convicted in a
criminal proceeding (excluding traffic violations or similar misdemeanors).
(e)
The
Reporting Person has not, during the last five years, been a party to a civil
proceeding of a judicial or administrative body of competent jurisdiction
and as
a result of such proceeding were or are subject to a judgment, decree or
final
order enjoining future violations of, or prohibiting or mandating activities
subject to, federal or state securities laws or finding any violation with
respect to such laws.
(f)
The
Reporting Person is a citizen of the U.S.A.
Item
3. Source and Amount of Funds or Other Consideration.
On
December 14, 2007, AANA Ltd. purchased 625,000 shares of Common Stock directly
from the Issuer for an aggregate purchase price equal to $6,250. Mr. Vassiliou,
his wife and his two minor children are the owners of AANA Ltd. Mr. Vassiliou
has sole investment and voting power of the shares of Common Stock owned
by AANA
Ltd. Accordingly, by virtue of his sole investment and voting control of
the
securities owned by AANA Ltd., Mr. Vassiliou may be deemed to be an indirect
beneficial owner of the 625,000 shares of Common Stock owned by AANA Ltd.
On
December 14, 2007, NICALE Partners purchased 375,000 shares of Common Stock
directly from the Issuer for an aggregate purchase price equal to $3,750.
Mr.
Vassiliou’s minor children are the owners of NICALE Partners. Mr. Vassiliou has
sole investment and voting power of the shares of Common Stock owned by NICALE
Partners. Accordingly, by virtue of his sole investment and voting control
of
the securities owned by NICALE Partners, Mr. Vassiliou may be deemed to be
an
indirect beneficial owner of the 375,000 shares of Common Stock owned by
NICALE
Partners.
The
source of funds used to purchase the securities reported herein was the working
capital of AANA Ltd. and NICALE Partners, with respect to each company’s shares
of Common Stock, over which the Reporting Person has investment
discretion.
No
borrowed funds were used to purchase the Common Stock, other than any borrowed
funds used for working capital purposes in the ordinary course of
business.
Item
4. Purpose of Transaction.
None.
Item
5. Interest in Securities of the Issuer.
(a)
The
Reporting Person beneficially owns an aggregate of 1,000,000 shares of Common
Stock, representing 20% of the outstanding shares of Common Stock (based,
as to
the number of outstanding shares, upon the Issuer’s Form 10-SB filed on February
1, 2008.)
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(b)
The
Reporting Person has the sole right to vote and dispose, or direct the
disposition, of the 1,000,000 shares of Common Stock owned by the Reporting
Person.
(c)
The
625,000 and 375,000 shares of Common Stock reported herein were acquired
by AANA
Ltd. and NICALE Partners, respectively, from the Issuer effective December
14,
2007.
(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 1,000,000 shares of Common Stock 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.
| April 1, 2008 | ||
| ARGYRIS VASSILIOU | ||
| |
|
|
| By: | /s/ Argyris Vassiliou | |
|
Argyris Vassiliou |
||
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