SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
INFORMATION TP BE INCLUDED IN STATEMENTS FILED
PURSUANT TO RULE 13d-1(a)
AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
DORAL FINANCIAL CORPORATION
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(Name of Issuer)
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Class A Class A Common Stock, Par Value $0.0001 per share
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(Title of Class of Securities)
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25811P852
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(CUSIP Number)
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David Tomasello
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Attiva Capital Partners Ltd.
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445 Park Avenue, 9th Floor
New York, New York 10022
Telephone:1 (646) 713-2905
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(Name, Address and Telephone Number of Person
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Authorized to Receive Notices and Communications)
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October 28, 2014
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(Date of Event which Requires Filing of this Statement)
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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 Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box o.
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent.
*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 disclosures provided in a prior cover page.
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. 25811P852
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SCHEDULE 13D
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1
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NAME OF REPORTING PERSON
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S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
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BLUESTONE FINANCIAL LTD
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a) x
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(b) o
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3
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SEC USE ONLY
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4
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SOURCE OF FUNDS
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WC
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5
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E)
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o
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6
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CITIZENSHIP OR PLACE OF ORGANIZATION
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BRITISH VIRGIN ISLANDS (BVI)
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7
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SOLE VOTING POWER
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NUMBER OF
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7,000
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SHARES
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BENEFICIALLY
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8
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SHARED VOTING POWER
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OWNED
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BY EACH
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0
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REPORTING
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PERSON WITH
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9
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SOLE DISPOSITIVE POWER
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7,000
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10
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SHARED DISPOSITIVE POWER
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0
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11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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7,000 shares out of the 580,396 aggregate shares collectively owned by all the Reporting Persons.
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12
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
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o
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13
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.105 % of the aggregate 8.729 % interest collectively held by the Reporting Persons
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14
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TYPE OF REPORTING PERSON
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CO
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CUSIP NO. 25811P852
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SCHEDULE 13D
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1
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NAME OF REPORTING PERSON
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S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
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ATTIVA CAPITAL PARTNERS LTD
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a) x
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(b) o
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3
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SEC USE ONLY
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4
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SOURCE OF FUNDS
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WC
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5
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E)
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o
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6
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CITIZENSHIP OR PLACE OF ORGANIZATION
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BRITISH VIRGIN ISLANDS (BVI)
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7
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SOLE VOTING POWER
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NUMBER OF
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2,950 shares
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SHARES
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BENEFICIALLY
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8
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SHARED VOTING POWER
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OWNED
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BY EACH
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0 SHARES
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REPORTING
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PERSON WITH
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9
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SOLE DISPOSITIVE POWER
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2,950 (equal to 0.044 % of the share capital)
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10
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SHARED DISPOSITIVE POWER
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0 SHARES
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11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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2,950 shares out of 580,396 aggregate shares collectively owned by all the Reporting Persons.
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12
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
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o
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13
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
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0.044 % of the aggregate 8.729 % interest collectively held by the Reporting Persons.
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14
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TYPE OF REPORTING PERSON
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PN
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CUSIP NO. 25811P852
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SCHEDULE 13D
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1
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NAME OF REPORTING PERSON
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S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
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ANTONIO TOMASELLO
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a) x
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(b) o
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3
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SEC USE ONLY
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4
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SOURCE OF FUNDS
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PF
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5
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E)
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o
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6
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CITIZENSHIP OR PLACE OF ORGANIZATION
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ITALY
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7
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SOLE VOTING POWER
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NUMBER OF
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566,895
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SHARES
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BENEFICIALLY
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8
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SHARED VOTING POWER
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OWNED
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BY EACH
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0
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REPORTING
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PERSON WITH
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9
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SOLE DISPOSITIVE POWER
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566,895
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10
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SHARED DISPOSITIVE POWER
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0
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11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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566,895 shares out of 580,396 aggregate shares collectively owned by all the Reporting Persons
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12
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
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o
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13
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
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8.526 % of the aggregate 8.729 % interest collectively held by the Reporting Persons.
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14
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TYPE OF REPORTING PERSON
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IN
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CUSIP NO. 25811P852
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SCHEDULE 13D
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1
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NAME OF REPORTING PERSON
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S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
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DAVID TOMASELLO
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a) x
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(b) o
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3
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SEC USE ONLY
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4
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SOURCE OF FUNDS
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PF
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5
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E)
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o
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6
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CITIZENSHIP OR PLACE OF ORGANIZATION
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ITALY
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7
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SOLE VOTING POWER
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NUMBER OF
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3,551
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SHARES
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BENEFICIALLY
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8
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SHARED VOTING POWER
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OWNED
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BY EACH
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0
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REPORTING
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PERSON WITH
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9
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SOLE DISPOSITIVE POWER
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3,551
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10
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SHARED DISPOSITIVE POWER
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0
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11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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3,551 shares out of 580,396 aggregate shares collectively owned by all the Reporting Persons
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12
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
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o
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13
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
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0.053 % of the aggregate 8.729 % interest collectively held by the Reporting Persons.
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14
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TYPE OF REPORTING PERSON
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IN
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United States
Securities and Exchange Commission
Schedule 13D
Item 1. Security and Issuer
This statement relates to the Common Stock, with $.01 par value per share, issued by DORAL FINANCIAL CORPORATION (the “Company”), whose principal executive offices are located at 1451 Franklin D. Roosevelt Avenue, San Juan, PR 00920-2717
Item 2. Identity and Background
(a)
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Bluestone Financial LTD (“Bluestone Reporting Person”)
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Attiva Capital Partners LTD (hereinafter referred to as the “Attiva Reporting Person”)
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Antonio Tomasello (“Antonio Tomasello Reporting Person”)
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David Tomasello (“David Tomasello Reporting Person”) and together with the Attiva Reporting Person, The Bluestone Reporting Person, the Antonio Tomasello Reporting Person, the “Reporting Persons”
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(b)
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The purpose of the business of the Bluestone Reporting person is Financial Investing. The Bluestone Reporting Person is a Limited Company incorporated under the laws of Bristish virgin Islands. David Tomasello is the Managing Director of the Bluestone Reporting Person.
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The purpose of business of Attiva Reporting Person is Financial Investing. The Attiva Reporting Person is a Limited Partnership incorporated under the laws of the British Virgin Island. David Tomasello is the Managing Partner of the Attiva Reporting Person
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Avenida Cristobal Colon
Residencias Vista Azul, PH, Cumana, Estado Sucre 6101
Venezuela
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Avenida Cristobal Colon, Edificio Flavesa, Cumana — Estado Sucre, Venezuela
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(c)
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The address(es) of the Bluestone Reporting Person is: Vanterpool Plaza, 2nd Floor, Wickhams Cay I, Road Town, Tortola, British Virgin Islands.
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The address(es) of
of the Attiva Reporting Person is: 445 Park Avenue, 9th Floor, New York, New York 10022
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President, Metalinvest, S.A., Avenida Cristobal Colon
Edificio Vista Azul PH — D, Cumana, Estado Sucre 6101, Venezuela
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Managing Director of the Bluestone Reporting Person and Managing Partner of the Attiva Reporting Person.
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(d)
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None
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None
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None
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None
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(e)
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None
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None
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None
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None
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(f)
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Organized in BVI
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Organized in BVI
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Citizen of Italy, father of David Tomasello
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Citizen of Italy.
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Item 3. Source and Amount of Funds or Other Consideration
The Attiva Reporting Person and the Bluestone Reporting Person used working capital to make all acquisitions of Common Stock currently owned by each of them, respectively.
The Antonio Tomasello Reporting Person and the David Tomasello Reporting Person used personal funds to make all acquisitions of Common Stock currently owned by each of them, respectively.
Item 4. Purpose of Transaction
The disclosures below are specifically intended to reflect information relating to clauses (a), (b), (c), (d) and (j) of Item 4 of Schedule 13D.
Each of the Reporting Persons intend to review his or its investments in the Issuer on a continuing basis and any of them may engage in discussions with management and the Board of Directors concerning the business, operations and future plans of the Issuer as he or it deems appropriate.
We are increasing our stake in Doral Financial (“Doral”) since we believe the shares are undervalued following the Court Judge’s decision that Doral Financial is entitled to a $229.9 million tax refund and following Doral management’s quick steps in selling non-core assets and raising liquidity levels.
Puerto Rico Gov. Alejandro Garcia Padilla has to do whatever it takes to rebuild confidence. To rebuild confidence current Puerto Rico government needs to abide the Court decision to honor Doral Agreement and restore the Rule of Law.
Puerto Rico Governor needs to intervene, govern responsibly and respect the people of Puerto Rico who put him into power, many of these people are involved directly or indirectly with Doral either they work for Doral or have relatives who do work for Doral , have mortgages with Doral and/or have investments with Doral. In the same way, to attract large foreign direct investment from Asia, Latin America and Europe Governor Padilla have to show respect and make sure we are all playing by the rules. No tricks.
We understand Gov. Padilla doesn’t have a business background but he went to Law School and understands the Law. It’s time for the Government to respect and obey the Law in the same way Puerto Rico government wants its citizens to respect and obey the Law and avoid Anarchy.
James Madison once said: “The Accumulation of all Powers, Legislative, Executive, and Judiciary…is the Very Definition of Tyranny.”
Item 5. Interest in Securities of the Issuer
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(a) |
As indicated in the Form 10K , filed by the Company with the Securities and Exchange Commission As of March 12, 2014, there were 6,648,396 shares of common stock. |
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(b) |
As of the date of this Schedule 13D: the Attiva Reporting person owns 2,950 shares of Common Stock, the Bluestone Reporting Person owns 7,000 shares of Common Stock, the Antonio Tomasello Reporting Person owns 566,895 shares of Common Stock and the David Tomasello Reporting Person owns 3,551 shares of Common Stock. In the aggregate, this represents 580,396 shares of the Company’s Common Stock, which is approximately 8.729 % of the total shares of the Company’s Common Stock calculated in accordance with Rule 13d-3 promulgated under the Securities Act of 1934 |
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
As indicated in Item 5(b), the Attiva Reporting Person has granted David Tomasello, managing partner of the Attiva Reporting Person, the sole power to vote or direct the vote of 2,950 shares of the Company’s Common Stock. The Bluestone Reporting Person has granted David Tomasello, Managing Director of Bluestone , the sole power to vote or direct the vote of 7,000 shares of the Company’s Common Stock. The Antonio Tomasello Reporting Person has granted David Tomasello, son of the Antonio Tomasello Reporting Person, the sole power to vote or direct the vote of 566,895 shares of the Company’s Common Stock.
There are no contracts, arrangements, understandings or relationships (legal or otherwise) between or among any of the Reporting Persons and any other person with respect to any securities of the Issuer, other than those disclosed in the present filing.
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.
Date: October 28, 2014
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/s/ David Tomasello
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David Tomasello, as managing partner of Attiva Capital Partners LTD
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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.
Date: October 28, 2014
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/s/ David Tomasello
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David Tomasello, as Managing Director of Bluestone Financial LTD
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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.
Date: October 28, 2014
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/s/ Antonio Tomasello
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Antonio Tomasello
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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.
Date: October 28, 2014
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/s/ David Tomasello
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David Tomasello
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9
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