UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
PRESTIGE CAPITAL CORPORATION
(Names of Issuer)
Common Stock
(Title of Class of Securities)
74112L 20 2
(Cusip Number)
Robert Charles Taylor, 620 East 3945 South, Salt Lake City, Utah 84107, (801) 268-2937
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
March 9, 2010
(Date of Event which Requires Filing of this Statement
If the filing person has previously filed a statement on Schedule 13G to report the acqu isition 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. [ ]
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 19 of th e 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.: 74112L 20 2
Page 2 of 5
1.
Names of Reporting Persons.
I.R.S. Identification Nos. of a bove persons (entities only).
Robert Charles Taylor
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
[ ]
(b)
[ ]
3.
SEC Use Only
4.
Source of Funds (See Instructions)
PF
5.
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ]
6.
Citizenship or Place of Organization
Robert Charles Taylor is a United States citizen.
NUMBER OF
7.
Sole Voting Power
544,572
SHARES
BENEFICIALLY
8.
Shared Voting Power
N/A
OWNED BY
EACH
9.
Sole Dispositive Power
544,572
REPORTING
PERSON
10.
Shared Dispositive Power
N/A
WITH:
11.
Aggregate Amount Beneficially Owned by Each Reporting Person
544,572 shares
12.
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
[ ]
13.
Percent of Class Repres ented by Amount in Row (11)
23.7%
14.
Type of Reporting Person
IN
Cusip No.: 74112L 20 2
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Item 1.
Security and Issuer
This Schedule 13D relates to the common stock, par value $0.001 per share (“Common Stock” or “Shares”) of Prestige Capital Corporation, a Nevada corporation (the “Issuer”). The principal executive offices of the Issuer are located at 4751 South Ichabod Drive, Salt Lake City, Utah 84117.
Item 2.
Identity and Background
This statement relates to the securities of the Issuer that were acquired by Robert Charles Taylor. Mr. Taylor is the President of Chief Executive Officer of HTS Leasing Co., a privately held Utah corp oration. The business address of Robert Charles Taylor is 620 East 3945 South, Salt Lake City, Utah 84107.
Mr. Taylor has not during the last five years been convicted in any criminal proceeding (excluding traffic violations or similar misdemeanors) or been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and, as a result of such proceeding, was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, U.S. federal or state securities laws or finding any violation with respect to such laws.
Item 3.
Source and Amount of Funds or Other Consideration
Robert Charles Taylor acquired shares of the common stock of the Issuer pursuant to a private stock purchase transaction. He presently owns a total of 544,572 shares of common stock of the Issuer.
Item 4.
Purpose of Transaction
The purpose of the acquisition of the securities of the Issuer by Mr. Taylor was primarily for investment purposes.
(a)
There are no tentative plans and proposals to acquire additional securities of the Issuer, or the disposition of securities of the Issuer.
(b)
There are no current plans or proposals regarding an extraordinary transaction, such as a merger, reorganization, or liquidation involving the Issuer or its subsidiaries.
(c)
There are no current plans or proposals involving a sale or transfer of a material amount of the assets of the Issuer or its subsidiaries.
(d)
There are no plans to change the board of directors, or changing the total authorized number of directors on the Board of Directors, or any change of their term of office.
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(e)
There are no current plans or proposals to cause any material change in the present capitalization or dividend policy of the Issuer.
(f)
There are no current plans or proposals to make material changes in the Issuer's business or corporate structure.
(g)
There are no current plans or proposals to make any changes in the Issuer's charter, bylaws or similar instruments, or other actions that may impede the acquisition of control of the Issuer by any person.
(h)
There are no current plans or proposals to cause the Common Stock of the Issuer to be delisted from the OTC Bulletin Board (“PGEC”).
(i)
There are no current plans or proposals to cause the Common Stock of the Issuer to become eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934.
(j)
There are no current plans or proposals regarding any action similar to those enumerated above.
Item 5.
Interest in Securities of the Issuer
(a)
As of the date hereof, Mr. Taylor is the beneficial owner of 544,572 shares of the Common S tock of the Issuer, representing approximately 23.7% of the issued and outstanding Common Stock of the Issuer.
(b)
Mr. Taylor has the sole power to vote and to dispose of the securities of the Issuer described herein.
(c)
No other purchases or sales of the Common Stock of the Issuer have been made by Mr. Taylor during the preceding 60 days, except as described herein.
(d)
To the best of the knowledge of Mr. Taylor, no other person or entity has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities beneficially owned by him.
(e)
Not Applicable.
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I tem 6.
Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer
Except as described herein, there are no contracts, arrangements, understandings or relationships (legal or otherwise) to the best of the knowledge of Mr. Taylor, concerning the transfer or the voting of any securities of the Issuer, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies regarding the securities of the Issuer owned by them.
Item 7.
Material to be Filed as Exhibits
None.
SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
Date:
March 15, 2010
/s/ Robert Charles Taylor
Robert Charles Taylor
