UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
NETWORKING PARTNERS, INC.
(Name of Issuer)
Common Stock, $.001 Par Value
(Title of Class of Securities)
64128G 107
(CUSIP Number)
Chad Steinhart
2950 W. Cypress Creek Road, Suite 100
Fort Lauderdale, Florida 33309
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
September 29, 2014
(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 that 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. [ ]
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 18 of the 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).
SCHEDULE 13D
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CUSIP NO. 64128G 107 Page 2 of 5 Pages
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1 NAMES OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Chad Steinhart
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
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6 CITZENSHIP OR PLACE OF ORGANIZATION
United States
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7 SOLE VOTING POWER
62,500,000 shares of common stock
NUMBER OF ---------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY -0-
OWNED BY ---------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 62,500,000 shares of common stock
PERSON ---------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
-0-
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
62,500,000 shares of common stock
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
75% of Common Stock
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14 TYPE OF REPORTING PERSON*
IN
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SCHEDULE 13D
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CUSIP NO. 64128G 107 Page 3 of 5 Pages
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ITEM 1. SECURITY AND ISSUER
This statement relates to the Common Stock, $.001 par value, of Networking
Partners, Inc., a Nevada corporation ("Issuer"). The address of Issuer's
principal office is 2950 W. Cypress Creek Road, Suite 100, Fort Lauderdale,
Florida 33309.
ITEM 2. IDENTITY AND BACKGROUND
(a) Name
Chad Steinhart
(b) Business Address
2950 W. Cypress Creek Road, Suite 100, Fort Lauderdale, Florida 33309.
(c) Present Principal Occupation
Chief Technical Officer of Networking Partners, Inc.
(d) During the last five years, Mr. Steinhart has not been convicted in a
criminal proceeding (excluding traffic violations or similar
misdemeanors).
(e) During the last five years, Mr. Steinhart has not been a party to a
civil proceeding of a judicial or administrative body of competent
jurisdiction as a result of which either of them was or is 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 violation with respect to such laws.
(f) Citizenship
United States
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Mr. Steinhart exchanged various telecommunications assets to Networking
Partners, Inc. for 625,000 shares of Series A Preferred Stock in Networking
Partners, Inc. on September 29, 2014.
SCHEDULE 13D
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CUSIP NO. 64128G 107 Page 4 of 5 Pages
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ITEM 4. PURPOSE OF TRANSACTION
All of shares described in Item 3, above, were acquired for investment purposes
by Mr. Steinhart, who at the time of the acquisition of the shares had no plans
or proposals that relate to or would result in:
(a) The acquisition by any person of additional securities of Issuer or
the disposition of securities of Issuer;
(b) An extraordinary corporate transaction, such as a merger,
reorganization or liquidation, involving Issuer or any of its
subsidiaries, except for the asset acquisition transaction effected
with the Issuer on September 29, 2014;
(c) A sale or transfer of a material amount of assets of Issuer or any of
its subsidiaries;
(d) Any change in the present board of directors or management of Issuer,
including any plans or proposals to change the number or term of
directors or to fill any existing vacancies on the board, except that
Mr. Steinhart had the right to elect board representatives and
management posts for his associated friends;
(e) Any material change in the present capitalization or dividend policy
of Issuer;
(f) Any other material change in Issuer's business or corporate structure,
except that, as a result of the acquisition of Mr. Steinhart's assets,
the Issuer's business was changed to telecommunications provider;
(g) Changes in Issuer's charter, bylaws or instruments corresponding
thereto or other actions which may impede the acquisition of control
of Issuer by any person, except that the asset acquisition agreement
required the Issuer to change its name to Sonant Systems, Inc,;
(h) Causing a class of securities of Issuer to be delisted from a national
securities exchange or to cease to be authorized to be quoted in an
inter-dealer quotation system of a registered national securities
association;
(i) A class of equity securities of Issuer becoming eligible for
termination of registration pursuant to Section 12(g)(4) of the Act;
or
(j) Any action similar to any of those enumerated above.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) Aggregate Number and Percentage of Securities
According to the most recently available information, there are
approximately 20,445,484 shares of Issuer's Common Stock outstanding.
Mr. Steinhart beneficially owns 62,500,000 shares of Issuer's Common
Stock or approximately 75% of Issuer's issued and outstanding Common
Stock, by virtue of calculations pursuant to Rule 13d-3 of the
SCHEDULE 13D
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CUSIP NO. 64128G 107 Page 5 of 5 Pages
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Securities Exchange Act of 1934, as amended, which require Mr.
Steinhart to include his rights to vote on shareholder matters in his
beneficial ownership. See paragraph (b), below.
(b) Power to Vote and Dispose
Mr. Steinhart has sole power to vote and the sole power to dispose of
the 625,000 shares of Series A Preferred Stock he owns, which are
counted as 62,500,000 shares because of his super voting rights
attributable to such preferred shares.
Transactions within the Past 60 Days
Mr. Steinhart has not engaged in any transactions in common stock of
Issuer during the past sixty days.
(c) Certain Rights of Other Persons
Not applicable.
(d) Date Reporting Person Ceased to be the Beneficial Owner of More Than
Five Percent of the class of securities, if applicable
Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER
Not applicable.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Not applicable.
SPECIAL NOTE:
Please direct any questions you may have about this filing to my attorney, David
E. Wise, Esq., 9901 IH-10 West, Suite 800, San Antonio, Texas 78230. Tel.: (210)
558-2858.
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.
October 9, 2014
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(Date)
/s/ Chad Steinhart
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Signature
Chad Steinhart
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Name