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VISTEON CORP Major Shareholding Notification 2010

Mar 17, 2010

31294_mrq_2010-03-17_186ea4ce-dd9e-4096-9ec4-ae09341c68b1.zip

Major Shareholding Notification

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UNITED STATES 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) Under the Securities Exchange Act of 1934 (Amendment No. 10) Visteon Corporation* (Name of Issuer) Common Stock, par value $1.00 per share (Title of Class of Securities) 92839U107 (CUSIP Number) Mr. Patrick Li 3283 West 34 th Avenue Vancouver, British Columbia, Canada (604) 537-7721 Occupation: Businessman Principle Business: Modern International Holdings 3283 West 34 th Avenue Vancouver, British Columbia, Canada V6N 2K4 (604) 637-7721 With a copy to: Charles Rendina, Esq. Boughton Law Corp. 700-595 Burrard Street PO Box 49290 Vancouver, British Columbia Canada V7X 1S8 (604) 605-8339 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

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  • 2 -

Has Patrick Li, during the last five years, been convicted of a criminal proceeding?

No

Has Patrick Li, 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 judgement, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, U.S. federal or state securities laws or finding any violation with respect to such laws?

No

March 3,2010

(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), 13d-1(f) or 13d-1(g), check the following box. [ ]


  • 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).

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CUSIP NO. 92839U107 SCHEDULE 13D PAGE 2 OF 5 PAGES

1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE
PERSONS (ENTITIES ONLY)
Patrick Li
2 CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP* (a) [ ]
(b) [ ]
Not Applicable
3 SEC USE ONLY
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
7 SOLE VOTING POWER
-0-
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY -0-
Mei Qin has sole voting power over
3,095,337.5
He Yi has Sole voting power over
3,095,337.5
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING 6,190,675
PERSON WITH
10 SHARED DISPOSITIVE POWER
-0-
11 AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
- 0-
12 CHECK IF THE AGGREGATE AMOUNT IN ROW
(11) EXCLUDES
CERTAIN SHARES*
[ ]
13 PERCENT OF CLASS REPRESENTED BY
AMOUNT IN ROW (11)
4.75 aprox
14 TYPE OF REPORTING PERSON*
IN
*
SEE INSTRUCTIONS BEFORE FILLING OUT!

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CUSIP NO. 92839U107 SCHEDULE 13D PAGE 3 OF 5 PAGES

This Schedule 13D filed on March _17, 2010 by Patrick Li, relating to the shares of common stock, $1.00 par value (the "Shares"), of Visteon Corporation (the "Issuer").

ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION

Item 4 is hereby amended and restated as follows:

All of the funds used to purchase the Shares described in this Schedule 13D came from the personal funds of the Mei Qin and He Yi a total of approximately $_______ was paid to acquire such Shares.

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER

Item 5,

(a) The Reporting Person directly owns 6,190,675 Shares, constituting approximately 4.75 of the Shares outstanding.

The aggregate percentage of Shares directly owns by the Reporting Person is based upon 130,400, 000 Shares outstanding, which is the total number of Shares outstanding as of September 9th, 2009 as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on October 29, 2009.

(b) Mei Qui and He Yi each possess sole power to vote 3,095,337.5 shares. The reporting person has discretion to direct the disposition of 6,190,675 of those shares. The Reporting Person directly owns 4.75 of the deemed issued and outstanding as of March 3, 2010.

(c) The Information concerning transactions in the Shares directly owned by the reporting person is set forth in Schedule A hereto and is incorporated by reference. Unless otherwise indicated, all of such transactions were effected in the open market.

CUSIP NO. 92839U107 SCHEDULE 13D PAGE 4 OF 5 PAGES

SIGNATURES

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.

Dated: March 17, 2010
/s/ Patrick Li
Patrick Li

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CUSIP NO. 92839U107 SCHEDULE 13D PAGE 5 OF 5 PAGES

SCHEDULE A

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Date Activity Quantity Description Price — ($) Charged — ($) Credited — ($) Account — Balance
5-Oct Balance 119,846.82
7-Oct Buy 2 VISTEON CORP 0.161 7.32 119,839.50
7-Oct Buy 25,000 VISTEON CORP 0.166 0.00 119,839,50
7-Oct Buy 40,000 VISTEON CORP 0.166 0.00 119,839,50
7-Oct Buy 35,000 VISTEON CORP YL*2414 0.166 16607.00 103,232.50
8-Oct Sell -5,213 VISTEON CORP 0.174 0.00 103,232.50
8-Oct Sell -7,000 VISTEON CORP 0.174 0.00 103,232.50
8-Oct Sell -800 VISTEON CORP 0.174 2257.20 105,489.70
9-Oct Buy 134 VISTEON CORP 0.161 0.00 105,489.70
9-Oct Buy 2,600 VISTEON CORP 0.161 0.00 105,489.70
VISTEON CORP
9-Oct Buy 7,000 0.161 0.00 105,489.70
9-Oct Buy 50,000 VISTEON CORP TO*3692 0.161 9624.19 95,865.51
21-Oct Buy 3,490 VISTEON CORP EV*4638 0.172 0.00 95,865.51
21-Oct Buy 5,000 VISTEON CORP 0.175 2829.75 93,035.76
21-Oct Buy 11,130 VISTEON CORP VE*4663 0.175 0.00 93,035.76
21-Oct Buy 30,000 VISTEON CORP RB*3985 0.179 5377.00 87,658.76
22-Oct Buy 39 VISTEON CORP 0.156 0.00 87,658.76
22-Oct Buy 302 VISTEON CORP 0.151 0.00 87,658.76
22-Oct Buy 10,000 VISTEON CORP 0.158 0.00 87,658.76
22-Oct Buy 40,000 VISTEON CORP 0.156 0.00 87,658.76
22-Oct Buy 5,000 VISTEON CORP PH*4762 0.156 8638.68 79,020.08

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Date Activity Quantity Description Price — ($) Charged — ($) Credited — ($) Account — Balance
22-Oct Buy 19,659 VISTEON CORP 0.156 0.00 79,020.08
22-Oct Buy 25,000 VISTEON CORP PH*4762 0.156 6966.80 72,053.28
27-Oct Buy 13 VISTEON CORP 0.155 0.00 72,053.28
27-Oct Buy 13 VISTEON CORP 0.156 0.00 72,053.28
27-Oct Buy 8,000 VISTEON CORP 0.156 0.00 72,053.28
27-Oct Buy 1,000 VISTEON CORP 0.156 1415.05 70,638.23
2-Nov Buy 100,000 VISTEON CORP 0.135 13507.00 57,131.23
2-Nov Buy 49,500 VISTEON CORP 0.135 0.00 57,131.23
2-Nov Buy 5,500 VISTEON CORP 0.135 7432.00 49,699.23
2-Nov Buy 40,000 VISTEON CORP 0.145 0.00 49,699.23
2-Nov Buy 10,000 VISTEON CORP 0.145 7257.00 42,442.23
2-Nov Buy 5,000 VISTEON CORP 0.138 697.00 41,745.23
6-Nov Buy 5,000 VISTEON CORP 0.130 0.00 41,745.23
6-Nov Buy 15,000 VISTEON CORP 0.130 0.00 41,745.23
6-Nov Buy 20,000 VISTEON CORP 0.130 0.00 41,745.23
6-Nov Buy 30,000 VISTEON CORP 0.130 0.00 41,745.23
6-Nov Buy 10,000 VISTEON CORP 0.130 10407.00 31,338.23
VISTEON CORP
6-Nov Buy 20,000 0.130 0.00 31,338.23
6-Nov Buy 30,000 VISTEON CORP 0.130 0.00 31,338.23
6-Nov Buy 50,000 VISTEON CORP 0.130 13007.00 18,331.23
9-Nov Buy 5,000 VISTEON CORP 0.130 0.00 18,331.23
9-Nov Buy 29,000 VISTEON CORP 0.135 0.00 18,331.23
9-Nov Buy 56,000 VISTEON CORP OL*6576 0.135 12132.00 6,199.23
9-Nov Buy 161 VISTEON CORP 0.131 0.00 6,199.23
9-Nov Buy 19,839 VISTEON CORP 0.131 0.00 6,199.23
9-Nov Buy 25,000 VISTEON CORP 0.131 0.00 6,199.23

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Date Activity Quantity Description Price — ($) Charged — ($) Credited — ($) Account — Balance
9-Nov Buy 5,000 VISTEON CORP LW*6062 0.131 6557.00 -357.77
10-Nov Buy 100 VISTEON CORP 0.129 0.00 -357.77
10-Nov Buy 15,590 VISTEON CORP 0.129 0.00 -357.77
10-Nov Buy 15,900 VISTEON CORP 0.129 0.00 -357.77
10-Nov Buy 50,000 VISTEON CORP JK*6106 0.129 10532.11 -10,889.88
12-Nov Buy 50,000 VISTEON CORP OE*7716 VISTEON CORP 0.114 5707.00 -16,596.88
12-Nov Buy 6,375 0.115 0.00 -16,596.88
12-Nov Buy 15,000 VISTEON CORP 0.115 0.00 -16,596.88
12-Nov Buy 47,000 VISTEON CORP 0.113 0.00 -16,596.88
12-Nov Buy 31,625 VISTEON CORP VM*7317 0.115 11413.01 -28,009.89
16-Nov Buy 100,000 VISTEON CORP SR*7155 0.084 -28,009.89
1-Dec Sell -145,000 VISTEON CORP 0.068 0.00 -28,009.89
1-Dec Sell -5,000 VISTEON CORP 0.071 10207.73 -17,802.16
1-Dec Sell -5,000 VISTEON CORP 0.067 0.00 -17,802.16
1-Dec Sell -5,000 VISTEON CORP 0.065 0.00 -17,802.16
1-Dec Sell -50,000 VISTEON CORP 0.067 0.00 -17,802.16
1-Dec Sell -5,000 VISTEON CORP 0.067 4337.88 -13,464.28
1-Dec Sell -500,000 VISTEON CORP 0.067 33492.13 20,027.85
1-Dec Sell -5,000 VISTEON CORP 0.075 367.99 20,395.84
1-Dec Sell -250,000 VISTEON CORP 0.067 16742.56 37,138.40
1-Dec Sell -150,000 VISTEON CORP 0.067 10042.74 47,181.14
1-Dec Sell -140,000 VISTEON CORP 0.068 0.00 47,181.14
1-Dec Sell -10,000 VISTEON CORP 0.068 10192.73 57,373.87
1-Dec Sell -12,500 VISTEON CORP 0.070 0.00 57,373.87

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Date Activity Quantity Description Price — ($) Charged — ($) Credited — ($) Account — Balance
1-Dec Sell -100,000 VISTEON CORP 0.070 0.00 57,373.87
1-Dec Sell -37,500 VISTEON CORP 0.070 10492.73 67,866.60
2-Dec Sell -5,000 VISTEON CORP 0.070 0.00 67,866.60
2-Dec Sell -5,000 VISTEON CORP 0.071 0.00 67,866.60
2-Dec Sell -5,000 VISTEON CORP 0.068 0.00 67,866.60
2-Dec Sell -13,200 VISTEON CORP 0.070 0.00 67,866.60
2-Dec Sell -5,000 VISTEON CORP 0.072 2321.94 70,188.54
2-Dec Sell -696,800 VISTEON CORP 0.065 45290.83 115,479.37
3-Dec Sell -100 VISTEON CORP 0.065 0.00 115,479.37
3-Dec Sell -5,000 VISTEON CORP 0.065 0.00 115,479.37
3-Dec Sell -49,848 VISTEON CORP 0.065 0.00 115,479.37
3-Dec Sell -5,000 VISTEON CORP 0.065 3889.51 119,368.88
7-Dec Sell -5,000 VISTEON CORP 0.041 0.00 119,368.88
7-Dec Sell -30,052 VISTEON CORP 0.041 0.00 119,368.88
7-Dec Sell -45,000 VISTEON CORP 0.041 0.00 119,368.88
7-Dec Sell -100,000 VISTEON CORP 0.041 0.00 119,368.88
7-Dec Sell -5,000 VISTEON CORP 0.042 7585.93 126,954.81
7-Dec Sell -55,000 VISTEON CORP 0.041 2254.94 129,209.75
14-Jan Buy 5,000 VISTEON CORP 0.109 0.00 129,209.75
14-Jan Buy 5,000 VISTEON CORP 0.107 0.00 129,209.75
14-Jan Buy 5,000 VISTEON CORP KI*2313 0.110 1642.49 127,567.26
14-Jan Buy 3,200 VISTEON CORP 0.110 0.00 127,567.26
14-Jan Buy 5,000 VISTEON CORP 0.111 0.00 127,567.26
14-Jan Buy 9,500 VISTEON CORP 0.110 0.00 127,567.26
14-Jan Buy 10,000 VISTEON CORP 0.111 0.00 127,567.26
14-Jan Buy 5,000 VISTEON CORP TV*3703 0.111 3626.99 131,194.25
14-Jan Buy 67,300 VISTEON CORP TV*3703 0.111 7470.30 123,723.95

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Date Activity Quantity Description Price — ($) Credited — ($) Account — Balance
15-Jan Sell -5,000 VISTEON CORP 0.143 0.00 123723.95
15-Jan Sell -5,000 VISTEON CORP 0.143 0.00 123,723.95
15-Jan Sell -85,000 VISTEON CORP 0.143 0.00 123,723.95
15-Jan Sell -5,000 VISTEON CORP NC*2934 0.143 14289.64 138,013.59
3-Mar Sell -3,000 VISTEON CORP 0.311 0.00 138,013.59
3-Mar Sell -20,000 VISTEON CORP 0.311 0.00 138,013.59
3-Mar Sell -20,000 VISTEON CORP 0.311 0.00 138,013.59
3-Mar Sell -20,000 VISTEON CORP 0.310 0.00 138,013.59
3-Mar Sell -3,000 VISTEON CORP ZJ*6648 0.315 20507.74 158,521.33
3-Mar Sell -2,000 VISTEON CORP 0.300 0.00 158,521.33
3-Mar Sell -5,000 VISTEON CORP 0.291 0.00 158,521.33
3-Mar Sell -5,000 VISTEON CORP 0.288 0.00 158,521.33
3-Mar Sell -10,000 VISTEON CORP 0.300 0.00 158,521.33
3-Mar Sell -10,000 VISTEON CORP ZJ*6648 0.305 9544.87 168,066.20
3-Mar Sell -3,000 VISTEON CORP 0.280 0.00 168,066.20
3-Mar Sell -5,000 VISTEON CORP 0.281 0.00 168,066.20
3-Mar Sell -10,000 VISTEON CORP 0.281 0.00 168,066.20
3-Mar Sell -20,000 VISTEON CORP 0.281 0.00 168,066.20
3-Mar Sell -30,000 VISTEON CORP ZJ*6648 0.283 19164.75 187,230.95
3-Mar Sell -10,000 VISTEON CORP 0.281 0.00 187,230.95
3-Mar Sell -10,000 VISTEON CORP 0.281 0.00 187,230.95
3-Mar Sell -10,000 VISTEON CORP 0.281 0.00 187,231
3-Mar Sell -10,000 VISTEON CORP 0.281 0.00 187,230.95
3-Mar Sell -20,000 VISTEON CORP ZJ*6648 0.281 16859.78 204,090.73
3-Mar Sell -5,000 VISTEON CORP 0.281 0.00 204,090.73
3-Mar Sell -10,000 VISTEON CORP 0.281 0.00 204,090.73
3-Mar Sell -49,000 VISTEON CORP 0.280 0.00 204,090.73

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Date Activity Quantity Description Price — ($) Credited — ($) Account — Balance
3-Mar Sell -10,000 VISTEON CORP ZJ*6648 0.281 20744.73 224,835.46
3-Mar Sell -100 VISTEON CORP 0.291 0.00 224,835.46
3-Mar Sell -3,900 VISTEON CORP 0.291 0.00 224,835.46
3-Mar Sell -10,000 VISTEON CORP 0.291 0.00 224,835.46
3-Mar Sell -20,785 VISTEON CORP 0.291 0.00 224,835.46
3-Mar Sell -5,000 VISTEON CORP 0.315 11687.30 236,522.76
3-Mar Sell -160,215 VISTEON CORP 0.290 46461.75 282,984.51
3-Mar Sell -24,325 VISTEON CORP 0.352 8552.30 291,536.81