Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
WEISS WILLIAM
   2. Issuer Name and Ticker or Trading Symbol
China Dongsheng International, Inc. [CDSG.OB] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Ex-CEO and Ex-Treasurer
(Last)
(First)
(Middle)
371 CUMBERLAND ST		 3. Date of Earliest Transaction (Month/Day/Year)
11/06/2006
(Street)

ENGLEWOOD, NJ 07631		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/06/2006 11/06/2006 M   2,761,917 A $ 0.03 3,026,769 D  
Common Stock               536,142 I See footnote 2 (2)
Common Stock 11/06/2006 11/06/2006 A   740,000 A (3) 3,766,769 D  
Common Stock               536,142 I See footnote 2

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Series A Preferred Stock $ 0.63 11/06/2006 11/06/2006 M     2,533,869 12/31/2003   (1) Common Stock 2,761,917 $ 0.03 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
WEISS WILLIAM
371 CUMBERLAND ST
ENGLEWOOD, NJ 07631		   X   X   Ex-CEO and Ex-Treasurer  

Signatures

 /s/ William Weiss   10/24/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) No expiration date.
(2) By Registry Services Associates, a partnership in which the Reporting Person holds a 30% ownership in. Registry Services Associates owns 1,787,143 shares of common stock of China Dongsheng International, Inc. (formerly known as PaperClip, Software Inc.). Accordingly, the Reporting Person is attributed indirect pro-rated ownershp of these shares equivalent to his stake in the partnership.
(3) The Reporting Person agreed to accept 740,000 shares of China Dongsheng International, Inc. (formerly known as "PaperClip Software, Inc.") from the company in lieu of outstanding and unpaid salary amounting to approximately $259,000.
 
Remarks:
On November 6, 2006, the Reporting Person converted 2,533,869 shares of Series A Preferred Stock of China Dongsheng International, Inc. (formerly known as "PaperClip Software, Inc.) into 2,761,917 shares of common stock.

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