BUS Columbus Acquisition Corp.

CUSIP No. 198851107 13G Page 2 of 11 Pages

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 (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE
 PERSONS (ENTITIES ONLY)
 DEL MAR MASTER FUND, LTD.
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 (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
 (a) [X]
 (b) [ ]
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 (3) SEC USE ONLY
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 (4) CITIZENSHIP OR PLACE OF ORGANIZATION
 Delaware
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NUMBER OF (5) SOLE VOTING POWER
 -0-
SHARES --------------------------------------------------------------

BENEFICIALLY (6) SHARED VOTING POWER
 1,194,600
OWNED BY --------------------------------------------------------------

EACH (7) SOLE DISPOSITIVE POWER
 -0-
REPORTING --------------------------------------------------------------

PERSON WITH (8) SHARED DISPOSITIVE POWER
 1,194,600
-----------------------------------------------------------------------------
 (9) AGGREGATE AMOUNT BENEFICIALLY OWNED
 BY EACH REPORTING PERSON
 1,194,600
-----------------------------------------------------------------------------
 (10) CHECK BOX IF THE AGGREGATE AMOUNT
 IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
 (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 6.83%
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 (12) TYPE OF REPORTING PERSON **
 CO
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 ** SEE INSTRUCTIONS BEFORE FILLING OUT!

 CUSIP No. 198851107 13G Page 3 of 11 Pages

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 (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE
 PERSONS (ENTITIES ONLY)
 DEL MAR ASSET MANAGEMENT, LP
-----------------------------------------------------------------------------
 (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
 (a) [X]
 (b) [ ]
-----------------------------------------------------------------------------
 (3) SEC USE ONLY
-----------------------------------------------------------------------------
 (4) CITIZENSHIP OR PLACE OF ORGANIZATION
 Delaware
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
 -0-
SHARES --------------------------------------------------------------

BENEFICIALLY (6) SHARED VOTING POWER
 1,194,600
OWNED BY --------------------------------------------------------------

EACH (7) SOLE DISPOSITIVE POWER
 -0-
REPORTING --------------------------------------------------------------

PERSON WITH (8) SHARED DISPOSITIVE POWER
 1,194,600
-----------------------------------------------------------------------------
 (9) AGGREGATE AMOUNT BENEFICIALLY OWNED
 BY EACH REPORTING PERSON
 1,194,600
-----------------------------------------------------------------------------
 (10) CHECK BOX IF THE AGGREGATE AMOUNT
 IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
 (11) PERCENT OF CLASS REPRESENTED
 BY AMOUNT IN ROW (9)
 6.83%
-----------------------------------------------------------------------------
 (12) TYPE OF REPORTING PERSON **
 IA
-----------------------------------------------------------------------------
 ** SEE INSTRUCTIONS BEFORE FILLING OUT!

CUSIP No. 198851107 13G Page 4 of 11 Pages

-----------------------------------------------------------------------------
 (1) NAMES OF REPORTING PERSONS
 I.R.S. IDENTIFICATION NO.
 OF ABOVE PERSONS (ENTITIES ONLY)
 DEL MAR MANAGEMENT, LLC
-----------------------------------------------------------------------------
 (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
 (a) [X]
 (b) [ ]
-----------------------------------------------------------------------------
 (3) SEC USE ONLY
-----------------------------------------------------------------------------
 (4) CITIZENSHIP OR PLACE OF ORGANIZATION
 Delaware
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
 -0-
SHARES --------------------------------------------------------------

BENEFICIALLY (6) SHARED VOTING POWER
 1,194,600
OWNED BY --------------------------------------------------------------

EACH (7) SOLE DISPOSITIVE POWER
 -0-
REPORTING --------------------------------------------------------------

PERSON WITH (8) SHARED DISPOSITIVE POWER
 1,194,600
-----------------------------------------------------------------------------
 (9) AGGREGATE AMOUNT BENEFICIALLY OWNED
 BY EACH REPORTING PERSON
 1,194,600
-----------------------------------------------------------------------------
 (10) CHECK BOX IF THE AGGREGATE AMOUNT
 IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
 (11) PERCENT OF CLASS REPRESENTED
 BY AMOUNT IN ROW (9)
 6.83%
-----------------------------------------------------------------------------
 (12) TYPE OF REPORTING PERSON **
 OO
-----------------------------------------------------------------------------

CUSIP No. 198851107 13G Page 5 of 11 Pages

-----------------------------------------------------------------------------
 (1) NAMES OF REPORTING PERSONS
 I.R.S. IDENTIFICATION NO.
 OF ABOVE PERSONS (ENTITIES ONLY)
 DAVID FREELOVE
-----------------------------------------------------------------------------
 (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
 (a) [X]
 (b) [ ]
-----------------------------------------------------------------------------
 (3) SEC USE ONLY
-----------------------------------------------------------------------------
 (4) CITIZENSHIP OR PLACE OF ORGANIZATION
 United States of America
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
 -0-
SHARES --------------------------------------------------------------

BENEFICIALLY (6) SHARED VOTING POWER
 1,194,600
OWNED BY --------------------------------------------------------------

EACH (7) SOLE DISPOSITIVE POWER
 -0-
REPORTING --------------------------------------------------------------

PERSON WITH (8) SHARED DISPOSITIVE POWER
 1,194,600
-----------------------------------------------------------------------------
 (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 1,194,600
-----------------------------------------------------------------------------
 (10) CHECK BOX IF THE AGGREGATE AMOUNT
 IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
 (11) PERCENT OF CLASS REPRESENTED
 BY AMOUNT IN ROW (9)
 6.83%
-----------------------------------------------------------------------------
 (12) TYPE OF REPORTING PERSON **
 IN
-----------------------------------------------------------------------------
 ** SEE INSTRUCTIONS BEFORE FILLING OUT!

CUSIP No. 198851107 13G Page 6 of 11 Pages

Item 1(a). Name of Issuer:

 The name of the issuer is Columbus Acquisition Corp.(the "Company").

Item 1(b). Address of Issuer's Principal Executive Offices:

 The Company's principal executive office is located at 153 East 53rd
Street, 58th Floor, New York, NY 10022

Item 2(a). Name of Person Filing:

 This statement is filed by:

 (i) Del Mar Master Fund, Ltd., a Cayman Islands exempted company
 (the "Master Fund"), with respect to shares of Common Stock
 (as defined in Item 2(d) below) directly owned by it;

 (ii) Del Mar Asset Management, LP, a Delaware limited partnership
 ("DMAM"), which serves as the investment manager of the Master
 Fund, with respect to shares of Common Stock (as defined in
 Item 2(d) below) directly owned by the Master Fund;

 (iii) Del Mar Management, LLC, a Delaware limited liability company
 (the "GP"), which serves as the general partner of DMAM, with
 respect to shares of Common Stock (as defined in Item 2(d)
 below) directly owned by the Master Fund;

 (iv) Mr. David Freelove ("Mr. Freelove"), who serves as the
 managing member of the GP, with respect to shares of Common
 Stock (as defined in Item 2(d) below) directly owned by the
 Master Fund.

 The Master Fund, DMAM, GP and Mr. Freelove are hereinafter sometimes
collectively referred to as the "Reporting Persons." Any disclosures herein with
respect to persons other than the Reporting Persons are made on information and
belief after making inquiry to the appropriate party.

CUSIP No. 198851107 13G Page 7 of 11 Pages

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

 The address of the business office of each of the Reporting Persons is 711
Fifth Avenue, New York, N.Y. 10022.

Item 2(c). Citizenship:

 Each of the GP and DMAM is organized under the laws of the State of
Delaware. The Master Fund is an exempted company organized under the laws of the
Cayman Islands. Mr. Freelove is a citizen of the United States of America.

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

 Common Stock, par value $0.0001 per share (the "Common Stock")

Item 2(e). CUSIP Number:

 198851107

Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or
(c), check whether the person filing is a:

 (a) [ ] Broker or dealer registered under Section 15 of the Act,

 (b) [ ] Bank as defined in Section 3(a)(6) of the Act,

 (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act,

 (d) [ ] Investment Company registered under Section 8 of the
 Investment Company Act of 1940,

 (e) [ ] Investment Adviser in accordance with Rule
 13d-1(b)(1)(ii)(E),

 (f) [ ] Employee Benefit Plan or Endowment Fund in accordance with
 Rule 13d-1(b)(1)(ii)(F),

 (g) [ ] Parent Holding Company or control person in accordance with
 Rule 13d-1(b)(1)(ii)(G),

 (h) [ ] Savings Association as defined in Section 3(b) of the
 Federal Deposit Insurance Act,

 (i) [ ] Church Plan that is excluded from the definition of an
 investment company under Section 3(c)(14) of the Investment
 Company Act of 1940,

 (j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).


If this statement is filed pursuant to 13d-1(c), check this box: [X]

CUSIP No. 198851107 13G Page 8 of 11 Pages

Item 4. Ownership.

 A. Del Mar Master Fund, Ltd.
 (a) Amount beneficially owned: 1,194,600
 (b) Percent of class: 6.83%
 The percentages used herein and in the rest of this Schedule
 13G are calculated based upon the 17,500,000 shares of
 Common Stock issued and outstanding on February 23, 2009 as
 reflected in the Company's Form 10K filed on February 23,
 2009.
 (c) Number of shares as to which such person has:
 (i) Sole power to vote or direct the vote: -0-
 (ii) Shared power to vote or direct the vote: 1,194,600
 (iii) Sole power to dispose or direct the disposition: -0-
 (iv) Shared power to dispose or direct the disposition:
 1,194,600

 B. Del Mar Asset Management, LP
 (a) Amount beneficially owned: 1,194,600
 (b) Percent of class: 6.83%
 (c) Number of shares as to which such person has:
 (i) Sole power to vote or direct the vote: -0-
 (ii) Shared power to vote or direct the vote: 1,194,600
 (iii) Sole power to dispose or direct the disposition: -0-
 (iv) Shared power to dispose or direct the disposition:
 1,194,600

 C. Del Mar Management, LLC
 (a) Amount beneficially owned: 1,194,600
 (b) Percent of class: 6.83%
 (c) Number of shares as to which such person has:
 (i) Sole power to vote or direct the vote: -0-
 (ii) Shared power to vote or direct the vote: 1,194,600
 (iii) Sole power to dispose or direct the disposition: -0-
 (iv) Shared power to dispose or direct the disposition:
 1,194,600

 D. Mr. David Freelove
 (a) Amount beneficially owned: 1,194,600
 (b) Percent of class: 6.83%
 (c) Number of shares as to which such person has:
 (i) Sole power to vote or direct the vote: -0-
 (ii) Shared power to vote or direct the vote: 1,194,600
 (iii) Sole power to dispose or direct the disposition: -0-
 (iv) Shared power to dispose or direct the disposition:
 1,194,600

CUSIP No. 198851107 13G Page 9 of 11 Pages

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.

 See Item 4.

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.

 See Item 2.

Item 9. Notice of Dissolution of Group.

 Not applicable.

CUSIP No. 198851107 13G Page 10 of 11 Pages

Item 10. Certification.

 Each of the Reporting Persons hereby makes the following 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 of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.


 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.


DATED: March 30, 2009


 /s/ David Freelove
 -------------------------------------
 David Freelove, (a) individually; (b) as
 managing member of Del Mar Management, LLC,
 for itself and as the general partner of Del
 Mar Asset Management, LP., for itself and as
 the investment manager of Del Mar Master Fund,
 Ltd.

CUSIP No. 198851107 13G Page 11 of 11 Pages

 EXHIBIT 1

 JOINT ACQUISITION STATEMENT
 PURSUANT TO RULE 13d-1(k)


 The undersigned acknowledge and agree that the foregoing statement on
Schedule 13G, is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13G, shall be filed on
behalf of each of the undersigned without the necessity of filing additional
joint acquisition statements. The undersigned acknowledge that each shall be
responsible for the timely filing of such amendments, and for the completeness
and accuracy of the information concerning him or it contained therein, but
shall not be responsible for the completeness and accuracy of the information
concerning the others, except to the extent that he or it knows or has reason to
believe that such information is inaccurate.


DATED: March 30, 2009


 /s/ David Freelove
 -------------------------------------
 David Freelove, (a) individually; (b) as
 managing member of Del Mar Management, LLC,
 for itself and as the general partner of Del
 Mar Asset Management, LP., for itself and as
 the investment manager of Del Mar Master Fund,
 Ltd.