UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
SCHEDULE 13D
THE SECURITIES EXCHANGE ACT OF 1934
AFH Acquisition III, Inc.
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
None
(CUSIP Number)
Timothy J. Brasel
5770 South Beech Court
Greenwood Village, CO 80121
(303) 913-1232
(Name, Address and Telephone Number of
Person Authorized to Receive Notices
and Communications)
August 31, 2010
(Date of Event which Requires Filing of this Statement)
If the person filing 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), 13d-1(f), or 13d-1(g), check
the following box: [__].
If 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).
(Continued on following pages)
(Page 1 of 4 Pages)
Cusip No.: None Page 2 of 4 Pages
1) NAME OF REPORTING PERSON
Timothy J. Brasel
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
3) SEC USE ONLY
4) SOURCE OF FUNDS
PF
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
6) CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
7) SOLE VOTING POWER
NUMBER OF 2,384,000
SHARES
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY 116,000
EACH
REPORTING 9) SOLE DISPOSITIVE POWER
PERSON 2,384,000
WITH
10) SHARED DISPOSITIVE POWER
116,000
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,500,000
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
50%
14) TYPE OF REPORTING PERSON
IN
Page 3 of 4 Pages
Item 1. Security and Issuer.
This Schedule 13D relates to the common stock, par value $0.001 per
share (the "Common Stock") of AFH Acquisition III, Inc., whose principal
executive offices are located at c/o Amir Farrokh Heshmatpour, 9595 Wilshire
Boulevard, Suite 700, Beverly Hills, CA 90212 (the "Issuer").
Item 2. Identity and Background.
(a) The name of the reporting person is Timothy J. Brasel (the
"Reporting Person").
(b) The business address of the Reporting Person is 5770 South Beech
Court, Greenwood Village, CO 80121.
(c) The Reporting Person's present principal occupation or employment
and the name, principal business and address of any corporation or other
organization in which such employment is conducted is President of Bleu Ridge
Consultants, Inc., located at 5770 South Beech Court, Greenwood Village, CO
80121.
(d) The Reporting Person has not, during the last five years, been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors).
(e) The Reporting Person has not, during the last five years, 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, federal or state securities
laws or finding any violation with respect to such laws.
(f) The Reporting Person is a citizen of the U.S.A.
Item 3. Source and Amount of Funds or Other Consideration.
The Reporting Person purchased the 2,500,000 shares of Common Stock
directly from AFH Holding & Advisory LLC, the sole shareholder of the Issuer,
for a purchase price equal to an aggregate of $12,500. The source of the
funding for this purchase was through personal funds.
Item 4. Purpose of Transaction.
To acquire an equity interest in the Issuer and to become an officer and
director of the Issuer.
Page 4 of 4 Pages
Item 5. Interest in Securities of the Issuer.
(a) The Reporting Person beneficially owns an aggregate of 2,500,000
shares of Common Stock, representing 50% of the outstanding shares of Common
Stock (based, as to the number of outstanding shares, upon the Issuer's Form
10-Q filed on June 14, 2010).
(b) The Reporting Person has the sole right to vote and dispose, or
direct the deposition of, 2,384,000 shares of Common Stock owned by the
Reporting Person.
(c) The 2,500,000 shares of Common Stock reported herein were acquired
by the Reporting Person from AFH Holding & Advisory LLC on August 31, 2010.
(d) Other than the Reporting Person, no other person is known to have
the right to receive or the power to direct the receipt of dividends from, or
the proceeds from the sale of, 2,384,000 shares of Common Stock owned by the
Reporting Person. The Reporting Person's mother and sister have the right to
receive the proceeds from the sale of 116,000 shares of Common Stock.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer.
Mr. Brasel and the sole officer and director of the Issuer agreed that
Mr. Brasel would become Vice President and a Director 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.
September 10, 2010
TIMOTHY J. BRASEL
/s/ Timothy J. Brasel
Timothy J. Brasel