Sec Form 4 Filing - LIBRA ADVISORS LLC @ MANAS PETROLEUM Corp - 2013-01-07

Insider filing report for Changes in Beneficial Ownership
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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
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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1. Name and Address of Reporting Person
LIBRA ADVISORS LLC
2. Issuer Name and Ticker or Trading Symbol
MANAS PETROLEUM Corp [ MNV.V]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
777 THIRD AVENUE, 27TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
01/07/2013
(Street)
NEW YORK, NY10017
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ 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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 01/07/2013 S 281,500 D $ 0.1002 ( 1 ) 11,956,000 D ( 2 )
Common Stock 01/07/2013 S 281,500 D $ 0.1002 11,956,000 I See footnote. ( 3 )
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
LIBRA ADVISORS LLC
777 THIRD AVENUE
27TH FLOOR
NEW YORK, NY10017
X
Ranjan Tandon, LLC
777 THIRD AVE
27TH FLOOR
NEW YORK, NY10017
X
LIBRA FUND, L.P.
777 THIRD AVENUE
27TH FLOOR
NEW YORK, NY10017
X
TANDON RANJAN
777 THIRD AVENUE
27TH FLOOR
NEW YORK, NY10017
X
Signatures
Libra Advisors, LLC, By: /s/ Ranjan Tandon, Managing Member 01/09/2013
Signature of Reporting Person Date
Ranjan Tandon, LLC, By: /s/ Ranjan Tandon, Managing Member 01/09/2013
Signature of Reporting Person Date
Libra Fund, L.P., By: Ranjan Tandon, LLC, General Partner, By: /s/ Ranjan Tandon, Managing Member 01/09/2013
Signature of Reporting Person Date
/s/ Ranjan Tandon 01/09/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )(CAD)
( 2 )These securities are directly owned by Libra Fund, L.P.
( 3 )These securities are directly owned by Libra Fund, L.P. and may be deemed to be beneficially owned by (a) Libra Advisors, LLC, by virtue of its role as the investment manager of Libra Fund, L.P., (b) Ranjan Tandon, LLC, by virtue of its role as the general partner of Libra Fund, L.P. and (c) Ranjan Tandon as the managing member of Libra Advisors, LLC and Ranjan Tandon, LLC.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).

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