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
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2008
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(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

WEISS WILLIAM 		2. Issuer Name and Ticker or Trading Symbol

China Dongsheng International, Inc. [ CDSG.OB ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      __ X __ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Ex-CEO and Ex-Treasurer
(Last)          (First)          (Middle)

371 CUMBERLAND ST 		3. Date of Earliest Transaction (MM/DD/YYYY)

11/6/2006
(Street)

ENGLEWOOD, NJ 07631
(City)        (State)        (Zip)
4. 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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   11/6/2006   11/6/2006   M    2761917   A $0.03   3026769   D    
Common Stock                  536142   I   See footnote 2   (2)
Common Stock   11/6/2006   11/6/2006   A    740000   A   (3) 3766769   D    
Common Stock                  536142   I   See footnote 2  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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
Series A Preferred Stock   $0.63   11/6/2006   11/6/2006   M        2533869    12/31/2003     (1) Common Stock   2761917   $0.03   0   D    

Explanation of Responses:
( 1)  No expiration date.
( 2)  By Registry Services Associates, a partnership in which the Reporting Person holds a 30% ownership in. Registry Services Associates owns 1,787,143 shares of common stock of China Dongsheng International, Inc. (formerly known as PaperClip, Software Inc.). Accordingly, the Reporting Person is attributed indirect pro-rated ownershp of these shares equivalent to his stake in the partnership.
( 3)  The Reporting Person agreed to accept 740,000 shares of China Dongsheng International, Inc. (formerly known as "PaperClip Software, Inc.") from the company in lieu of outstanding and unpaid salary amounting to approximately $259,000.

Remarks:
On November 6, 2006, the Reporting Person converted 2,533,869 shares of Series A Preferred Stock of China Dongsheng International, Inc. (formerly known as "PaperClip Software, Inc.) into 2,761,917 shares of common stock.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
WEISS WILLIAM
371 CUMBERLAND ST
ENGLEWOOD, NJ 07631 		X X Ex-CEO and Ex-Treasurer

Signatures
/s/ William Weiss 10/24/2007
** 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 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).
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.
China Dongsheng (PK) (USOTC:CDSG)
Historical Stock Chart
Von Mai 2024 bis Jun 2024 Click Here for more China Dongsheng (PK) Charts.
China Dongsheng (PK) (USOTC:CDSG)
Historical Stock Chart
Von Jun 2023 bis Jun 2024 Click Here for more China Dongsheng (PK) Charts.