FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL
OMB Number: 3235-0104
Expires: February 28, 2011
Estimated average burden
hours per response... 0.5
                      
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
                      

1. Name and Address of Reporting Person *

Versata Enterprises, Inc.

2. Date of Event Requiring Statement (MM/DD/YYYY)
11/17/2009 

3. Issuer Name and Ticker or Trading Symbol

COREL CORP [CREL]

(Last)        (First)        (Middle)

6011 WEST COURTYARD DR., SUITE 300

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
_____ Officer (give title below)          ___ X ___ Other (specify below)
/ Member-10% owner group (1)

(Street)

AUSTIN, TX 78730       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4) 		2. Amount of Securities Beneficially Owned
(Instr. 4) 		3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5) 		4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4) 		2. Date Exercisable and Expiration Date
(MM/DD/YYYY) 		3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4) 		4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5) 		6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:

Remarks:
(1) The reporting person's sole stockholder, Trilogy, Inc., is controlled by Joseph A. Liemandt, its controlling stockholder. Mr. Liemandt
is the sole manager and sole member of ESW Capital, LLC, which beneficially owns 4,495,644 shares of common stock, no par value
per share, of Corel Corporation (the "Issuer"). The reporting person disclaims beneficial ownership of the securities
owned by ESW Capital, LLC described above and Trilogy, Inc. or Mr. Liemandt, if any, except to the extent of the pecuniary interest
of the reporting person in such securities. Further, the reporting person may be deemed to be a member of a group for the purposes
of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended (the "Act"), with Mr. Liemandt, ESW Capital,
LLC and Trilogy, Inc. The reporting person and each member of the group declares that neither the filing of this statement nor anything
herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other
purpose, a member of a group with respect to the Issuer or securities of the Issuer. Please see the Schedule 13D filed with the
Securities and Exchange Commission on November 18, 2009 with respect to the Issuer's securities and the relationship of the reporting
person, Mr. Liemandt, ESW Capital, LLC and Trilogy, Inc. for additional details.
No securities are beneficially owned.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Versata Enterprises, Inc.
6011 WEST COURTYARD DR., SUITE 300
AUSTIN, TX 78730


Member-10% owner group (1)

Signatures
Versata Enterprises, Inc., By: /s/ Joseph A. Liemandt, Name: Joseph A. Liemandt, Assistant Secretary 11/27/2009
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Corel (MM) (NASDAQ:CREL)
Historical Stock Chart
Von Mai 2024 bis Jun 2024 Click Here for more Corel (MM) Charts.
Corel (MM) (NASDAQ:CREL)
Historical Stock Chart
Von Jun 2023 bis Jun 2024 Click Here for more Corel (MM) Charts.