SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Under the Securities Exchange Act of 1934
SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
DAC Technologies Group International, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
23302R107
(CUSIP Number)
May 7, 2014
(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)
|X| Rule 13d-1(c)
|_| Rule 13d-1(d)
SCHEDULE 13G
CUSIP No. 23302R107
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1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Key Equity Investors, Inc.
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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) CITIZENSHIP OR PLACE OF ORGANIZATION
New York
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5) SOLE VOTING POWER
NUMBER 271,442
OF --------------------------------------------------
SHARES 6) SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH --------------------------------------------------
REPORTING 7) SOLE DISPOSITIVE POWER
PERSON
WITH 271,442
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8) SHARED DISPOSITIVE POWER
0
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9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
271,442
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10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
|_|
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11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.1%
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12) TYPE OF REPORTING PERSON
CO
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SCHEDULE 13G
CUSIP No. 23302R107
Schedule 13G
Item 1(a). Name of Issuer:
DAC Technologies Group International, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
4700 S. Bowman Road, Suite 900
Little Rock, AR 72210
Item 2(a). Name of Persons Filing:
Key Equity Investors, Inc.
Item 2(b). Address of Principal Business Office or, if None, Residence:
Po Box 604579, Bayside, NY 11360.
Item 2(c). Citizenship:
New York
Item 2(d). Title of Class of Securities:
Common Stock
Item 2(e). CUSIP Number:
23302R107
Item 3. If this statement is filed pursuant to ss.ss. 240.13d-1(b), or
240.13d-2(b) or (c), check whether the person filing is a:
(a) |_| Broker or Dealer Registered Under Section 15 of the Act
(15 U.S.C. 78o)
(b) |_| Bank as defined in section 3(a) (6) of the Act (15 U.S.C. 78c)
(c) |_| Insurance Company as defined in
section 3(a) (19) of the Act (15 U.S.C. 78c)
(d) |_| Investment Company registered under section 8
of the Investment Company Act of 1940 (15 U.S.C. 80a-8)
(e) |_| Investment Adviser in accordance
with ss. 240.13d-1(b)(1)(ii)(E)
(f) |_| Employee benefit plan or endowment fund in accordance
with ss. 240.13d-1(b)(1)(ii)(F)
(g) |_| Parent Holding Company or control person in accordance
with ss.240.13d-1(b)(ii)(G)
(h) |_| Savings Association as defined in ss.3(b)
of the Federal Deposit Insurance Act (12 U.S.C. 1813)
(i) |_| Church plan that is excluded from the definition
of an investment company under ss.3(c)(15) of the
Investment Company Act of 1940 (15 U.S.C. 80a-3)
(j) |_| Group, in accordance with ss.240.13d-1(b)(ii)(J)
Item 4. Ownership.
(a) Amount beneficially owned: 271,442
(b) Percent of class: 5.1% (1)
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 271,442
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the disposition of:
271,442
(iv) Shared power to dispose or to direct the disposition of:
0
(1) Percentages are based on 5,331,355 shares of Common Stock outstanding as
of December 31, 2013 (as set forth in the issuer's financial statements).
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not applicable.
Item 7. Identification and Classification 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.
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in
connection with or as a participant in any transaction having that purpose
or effect.
SIGNATURE
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
Statement is true, complete and correct.
Dated as of May 8, 2014
Key Equity Investors, Inc.
By: /s/ Anthony Chiarenza
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Anthony Chiarenza, as President
of Key Equity Investors, Inc.
End of Filing