sc13d_outboardinvst.htm
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
SCHEDULE
13D
Under
The Securities Exchange Act Of 1934
Answers
Corporation
(Name
of Issuer)
COMMON
STOCK, $0.01 Par Value Per Share
(Title
of Class of Securities)
(CUSIP
Number)
Outboard
Investments Limited
Att:
Hugh G. O’Neill
BCM
Cape Building
Leeward
Highway
Providenciales,
Turks and Caicos
(649)946-4514
(Name,
Address and Telephone Number of Person
Authorized
to Receive Notices and Communications)
With
copies to:
Anslow
& Jaclin, LLP
195
Route 9 South, Suite 204
Manalapan,
NJ 07726
(732)
409-1212
(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 which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), (f) or (g), check the following box o.
SCHEDULE
13D
(1)
NAMES
OF REPORTING PERSONS. S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY):
Outboard
Investments Limited
(2)
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(3)
SEC
USE ONLY
_____________________________________________________________
(4)
SOURCE OF FUNDS (SEE INSTRUCTIONS)
CF
(5)
CHECK
IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
o
(6)
CITIZENSHIP OR PLACE OF ORGANIZATION
Providenciales,
Turks and
Caicos
|
NUMBER
OF SHARES BENEFICIALLY OWNED
BY
EACH REPORTING PERSON WITH
|
(7) SOLE
VOTING POWER
|
|
690,000
|
|
(8) SHARED
VOTING POWER
|
|
0
|
|
(9) SOLE
DISPOSITIVE POWER
|
|
690,000
|
|
(10) SHARED
DISPOSITIVE POWER
|
|
0
|
(11)
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
690,000
(12)
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
(13)
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.785%
(14)
TYPE
OF REPORTING PERSON
CO
ITEM
1. SECURITY AND ISSUER.
The
security upon which this report is based is the common stock, par value $0.01,
of Answers Corporation, a Delaware corporation, with its principal place of
business located at 237 West 35th Street,
Suite
1101, New York, NY 10001.
ITEM
2. IDENTITY AND BACKGROUND.
The
name
of the person filing this statement is Outboard Investments Limited hereinafter
sometimes referred to as the “Reporting Person.” Outboard Investments Limited’s
principal office is BCM Cape Building, Leeward Highway, Provideciales, Turks
and
Caicos. Mr. Hugh G. O’Neill a lawyer and investor is the control
person for Outboard Investments Limited.
During
the past five years, the Reporting Person has not been convicted in a criminal
proceeding (excluding traffic violations or similar misdemeanors). In
addition, the Reporting Person has not been a party to a civil proceeding of
a
judicial or administrative body of competent jurisdiction during the last five
years which would make it 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 violations with respect to such
laws.
The
Reporting Person is a citizen of the Turks and Caicos.
ITEM
3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
The
$7,854,000 used to purchase the Issuers shares were corporate funds of Outboard
Investments Limited.
ITEM
4. PURPOSE OF TRANSACTION.
The
acquisition of 690,000 shares of the Issuer's common stock by the Reporting
Person took place in open market transactions. The purpose of this
transaction was for the Reporting Person to acquire 8.785% of the outstanding
shares of the Issuer for investment purposes.
ITEM
5. INTEREST IN SECURITIES OF THE ISSUER.
The
Reporting Person acquired 690,000 of the issued and outstanding common shares
of
the Issuer. Such amount represented 8.785% of the total issued and
outstanding common shares of the Issuer.
ITEM
6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER.
The
Reporting Person has no contracts, arrangements, understandings or relationships
with any other person with respect to any securities of the Issuer.
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:
December 17, 2007
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Signature:
|
|
|
|
/s/
Hugh G O’Neil
|
|
Hugh
G. O’Neill
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