UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

 

 

Under the Securities Exchange Act of 1934

(Amendment No. )*

 

Buildablock Corp.  

(Name of Issuer)

 

Common Stock, $0.00001 par value

(Title of Class of Securities)

 

12008D108

(CUSIP Number)

 

December 31, 2011

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

¨ Rule 13d-1(b)

¨ Rule 13d-1(c)

x Rule 13d-1(d)

 

* 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 the disclosures provided in a prior cover page.

 

The information required in 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).

 

- 1 -
 

CUSIP No. 12008D108

 

 

    1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)

René Arbic

    2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                                             (a) x
                                                                                                                                                            (b) ¨

    3 SEC USE ONLY


    4 CITIZENSHIP OR PLACE OF ORGANIZATION

Canada

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
5 SOLE VOTING POWER

1,827,205

 
6 SHARED VOTING POWER

0

 
7

SOLE DISPOSITIVE POWER

1,827,205

 

 
8 SHARED DISPOSITIVE POWER

0

 
    9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

1,827,205

    10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

Not Applicable

    11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

8.4% 1

    12

TYPE OF REPORTING PERSON

IN

 

         

 

 

 ________________________

 

1 The number of outstanding shares used for the calculation of the percent of class includes (i) 17,510,968 shares of Common Stock, the number of outstanding shares as of March 30, 2012 reported in the Form 10-Q filed April 20, 2012 and (ii) an aggregate of 4,027,000 shares issued in private transactions, as reported in the Company’s Form 8-K filed on April 26, 2012. 

- 2 -
 

 

 

ITEM 1. (a) Name of Issuer:
     
    Buildablock Corp. (the “ Issuer ”)
     
    (b) Address of Issuer's Principal Executive Offices:
     
   

Buildablock Corp.

759 Square Victoria, Suite 200

Montreal, Quebec, H2Y 2J7, Canada

     
  ITEM 2. (a) Name of Person Filing: 
     
    René Arbic (the “ Reporting Person ” 
     
  (b) Address of Principal Business Office:  
     
   

1095 Rue Renoir

Brossard, Quebec, J4X 2G7, Canada

     
    (c) Citizenship:
     
    Canada
     
    (d) Title of Class of Securities:  
     
    Common Stock, $0.00001 par value
     
    (e) CUSIP Number:  
     
    12008D108
     
  ITEM 3.   If this Statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:
     
    Not applicable.
     
  ITEM 4. Ownership  
 
    (a) Amount Beneficially Owned  
     
    1,827,205
     
    (b) Percent of Class  
     
    8.4% 2

  

________________________

 

2 The number of outstanding shares used for the calculation of the percent of class includes (i) 17,510,968 shares of Common Stock, the number of outstanding shares as of March 30, 2012 reported in the Form 10-Q filed April 20, 2012 and (ii) an aggregate of 4,027,000 shares issued in private transactions, as reported in the Company’s Form 8-K filed on April 26, 2012. 

- 3 -
 

  

     
    (c) Number of Shares to Which Such Person Has:
     
    (i)   Sole Power to Vote or Direct the Vote: 
     
    1,827,205
     
    (ii)   Shared Power to Vote or Direct the Vote:
     
     0
     
    (iii)  Sole Power to Dispose or Direct the Disposition of:
     
     1,827,205
     
    (iv)  Shared Power to Dispose or Direct the Disposition of:
     
     0

  

ITEM 5. Ownership of Five Percent or Less of a Class
     
    Not applicable.
     
  ITEM 6. Ownership of More than Five Percent of Behalf of Another Person
     
    Not applicable.
     
  ITEM 7. Identification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company
     
    Not applicable 
     
  ITEM 8. Identification and Classification of Members of the Group
     
    Not applicable 
     
  ITEM 9 Notice of Dissolution of Group 
     
    Not applicable
     
  ITEM 10 Certification
     
    Not applicable

 

 

- 4 -
 

 

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: May 17, 2012

 

   /s/ René Arbic             

René Arbic             

 

 

 

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