U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________________
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULE 13D-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(a)
(Amendment No. 8 )
clickNsettle.com, Inc. (formerly NAM Corporation)
(Name of Issuer)
Common Stock, $.001 Par Value
(Title of Class of Securities)
18682E-205
(CUSIP Number)
Robert S. Matlin, Esq.
Thelen Reid & Priest LLP
875 Third Avenue
New York, New York 10022-6225
(212) 603-2215
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
April 13, 2005
(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), 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.
(Continued on following pages)
(Page 1 of 4 Pages)
Page 2 of 4
SCHEDULE 13D
CUSIP No. 18682E-205
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
Roy Israel 106-42-0287
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |X|
(b) |_|
--------------------------------------------------------------------------------
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
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7 SOLE VOTING POWER
3,401,982 shares (see Item 5)
-----------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY -----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 3,401,982 shares (see Item 5)
WITH -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,401,982 shares (see Item 5)
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |X|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
34.26%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
Page 3 of 4
SCHEDULE 13D
CUSIP No. 18682E-205
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
Carla Israel 129-56-8116
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |X|
(b) |_|
--------------------------------------------------------------------------------
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
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
123,806 shares (see Item 5)
-----------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY -----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 123,806 shares (see Item 5)
WITH -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
123,806 shares (see Item 5)
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |X|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.25%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
Page 4 of 4
Explanatory Note
The purpose of this amendment is to update certain information contained
in Items 3 and 5. On August 20, 2001, the Company effectuated a 1-for-3 reverse
stock split of its common stock. On December 22, 2003, the Company effectuated a
6-for-1 forward stock split of its common stock. All references to number of
shares and prices per share in this document have been restated accordingly.
Item 3. Source and Amount of Funds or Other Consideration
On April 13, 2005, Mr. Israel exercised 600,000 options at the stated
option price of $0.04583 per share. All purchases were made from Mr. Israel's
personal funds.
Item 5. Interest in Securities of the Issuer
A. (i) Mr. Israel has beneficial ownership of 3,401,982 shares of
Common Stock, or 34.26% of the outstanding Common Stock. These shares are owned
directly by Mr. Israel. In addition, Mr. Israel is an indirect beneficial owner
of 123,806 shares owned by Mrs. Israel. If the shares which Mr. Israel
indirectly owns are included, Mr. Israel has beneficial ownership of 3,525,788
shares or 35.51% of the outstanding. Mr. Israel disclaims beneficial ownership
for the shares owned by Mrs. Israel.
(ii) Mr. Israel has the sole right to vote 3,401,982 shares of
Common Stock.
(iii) Mr. Israel has not effected any transactions in the securities
reported on during the past 60 days except as noted above.
(iv) Mr. Israel does not know of any person who has the right to
receive or the power to direct the receipt of dividends from, or the proceeds
from the sale of, the shares of the Common Stock.
(v) Not applicable.
B. (i) Mrs. Israel has beneficial ownership of 123,806 shares of Common
Stock or 1.25% of the outstanding Common Stock. These shares of Common Stock are
owned directly by Mrs. Israel. In addition, Mrs. Israel is an indirect
beneficial owner of 3,401,982 shares of Common Stock owned by Mr. Israel. Mrs.
Israel disclaims beneficial ownership for shares owned by Mr. Israel.
(ii) Mrs. Israel has the sole right to vote 123,806 shares of Common
Stock.
(iii) Mrs. Israel has not effected any transactions in the
securities reported on during the past 60 days.
(iv) Mrs. Israel does not know of any person who has the right to
receive or the power to direct the receipt of dividends from, or the proceeds
from the sale of, the shares of Common Stock.
(v) Not applicable.
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.
April 15, 2005
/S/ ROY ISRAEL
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Roy Israel
April 15, 2005
/s/ Carla Israel
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Carla Israel