Filed by sedaredgar.com - Visteon Corporation - Schedule 13D

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 34th Avenue
   Vancouver, British Columbia,
Canada
(604) 537-7721
 
Occupation: Business man
 
Principle Business:
 
Modern International Holdings
3283 West 34th 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


- 2 -

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

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

September 29, 2009

(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).


- 3 -

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 4,650,000
    He Yi has Sole voting power over 4,650,000
       
       
OWNED BY  
EACH 9 SOLE DISPOSITIVE POWER  
REPORTING      
PERSON WITH                            8,200,000  
   
  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)  
       
  6.2%    
           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 November 17, 2009 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 $623,250.60 was paid to acquire such Shares.

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER

Item 5,

     (a) The Reporting Person directly owns 8,200,000 Shares, constituting approximately 6.2% 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 4,650.000 shares. The reporting person has discretion to direct the disposition of 8,200,000 of those shares. The Reporting Person directly owns 6.2% of the deemed issued and outstanding as of September 9, 2009.

     (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: November 10, 2009

   /s/
   
    Patrick Li


- 5 -

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

SCHEDULE A



                      Price     Charged     Credited     Account  
     Date   Activity     Quantity     Description     ($)     ($)     ($)     Balance  
                                           
15-Sep   Buy     571     VISTEON CORP     0.112           0.00     62,329.81  
15-Sep   Buy     5,000     VISTEON CORP     0.112           0.00     62,329.81  
15-Sep   Buy     20,000     VISTEON CORP     0.112           0.00     62,329.81  
15-Sep   Buy     28,000     VISTEON CORP     0.112           0.00     62,329.81  
                VISTEON CORP                          
15-Sep   Buy     1,400     UK*0236     0.112     6163.75           56,166.06  
22-Sep   Buy     5,000     VISTEON CORP     0.119           0.00     190,655.29  
22-Sep   Buy     10,000     VISTEON CORP     0.119           0.00     190,655.29  
22-Sep   Buy     10,000     VISTEON CORP     0.119           0.00     190,655.29  
22-Sep   Buy     25,000     VISTEON CORP     0.119           0.00     190,655.29  
                VISTEON CORP                          
22-Sep   Buy     20,000     BW*0166     0.119     8337.00           182,318.29  
                VISTEON CORP                          
22-Sep   Buy     5,000     BW*0166     0.119     595.00           181,723.29  
                VISTEON CORP                          
22-Sep   Sell     -14,000     YV*0379     0.135           1882.95     183,606.24  
22-Sep   Sell     -7     VISTEON CORP     0.135           0.00     183,606.24  
22-Sep   Sell     -5,000     VISTEON CORP     0.135           0.00     183,606.24  
                VISTEON CORP                          
22-Sep   Sell     -10,000     EC*1036     0.135           2018.89     185,625.13  
22-Sep   Buy     5,000     VISTEON CORP     0.130           0.00     185,625.13  
22-Sep   Buy     17,102     VISTEON CORP     0.130           0.00     185,625.13  
22-Sep   Buy     25,000     VISTEON CORP     0.130           0.00     185,625.13  
22-Sep   Buy     40,000     VISTEON CORP     0.130           0.00     185,625.13  
                VISTEON CORP                          
22-Sep   Buy     6,700     VU*0883     0.130     12201.26           173,423.87  
22-Sep   Buy     50,000     VISTEON CORP     0.130           0.00     173,423.87  
                VISTEON CORP                          
22-Sep   Buy     48,100     VU*0883     0.130     12753.00           160,670.87  
22-Sep   Buy     5,000     VISTEON CORP     0.120           0.00     160,670.87  
22-Sep   Buy     9,991     VISTEON CORP     0.120           0.00     160,670.87  
22-Sep   Buy     25,000     VISTEON CORP     0.120           0.00     160,670.87  
22-Sep   Buy     80,000     VISTEON CORP     0.120           0.00     160,670.87  
                VISTEON CORP                          
22-Sep   Buy     4,731     EB*1376     0.120     14973.64           145,697.23  
22-Sep   Buy     25,000     VISTEON CORP     0.120           0.00     145,697.23  
                VISTEON CORP                          
22-Sep   Buy     3,800     EB*1376     0.120     3456.00           142,241.23  



                      Price     Charged     Credited     Account  
     Date   Activity     Quantity     Description     ($)     ($)     ($)     Balance  
22-Sep   Buy     10,000     VISTEON CORP     0.140           0.00     142,241.23  
22-Sep   Buy     10,000     VISTEON CORP     0.140           0.00     142,241.23  
22-Sep   Buy     10,000     VISTEON CORP     0.140           0.00     142,241.23  
22-Sep   Buy     19,700     VISTEON CORP     0.140           0.00     142,241.23  
                VISTEON CORP                          
22-Sep   Buy     6,300     DW*1675     0.140     7847.00           134,394.23  
22-Sep   Buy     10,000     VISTEON CORP     0.140           0.00     134,394.23  
22-Sep   Buy     10,000     VISTEON CORP     0.140           0.00     134,394.23  
22-Sep   Buy     20,000     VISTEON CORP     0.140           0.00     134,394.23  
22-Sep   Buy     20,000     VISTEON CORP     0.140           0.00     134,394.23  
                VISTEON CORP                          
22-Sep   Buy     25,000     DW*1675     0.140     11900.00           122,494.23  
22-Sep   Buy     401     VISTEON CORP     0.140           0.00     122,494.23  
22-Sep   Buy     10,000     VISTEON CORP     0.140           0.00     122,494.23  
22-Sep   Buy     10,000     VISTEON CORP     0.140           0.00     122,494.23  
22-Sep   Buy     10,052     VISTEON CORP     0.140           0.00     122,494.23  
                VISTEON CORP                          
22-Sep   Buy     19,500     DW*1675     0.140     6993.42           115,500.81  
                VISTEON CORP                          
22-Sep   Buy     9,047     DW*1675     0.140     1266.58           114,234.23  
22-Sep   Buy     5,000     VISTEON CORP     0.132           0.00     114,234.23  
22-Sep   Buy     15,000     VISTEON CORP     0.132           0.00     114,234.23  
22-Sep   Buy     50,000     VISTEON CORP     0.132           0.00     114,234.23  
                VISTEON CORP                          
22-Sep   Buy     5,000     JZ*0715     0.132     9942.00           104,292.23  
23-Sep   Buy     30,000     VISTEON CORP     0.125           0.00     662,731.68  
                VISTEON CORP                          
23-Sep   Buy     70,000     IC*0475     0.125     12507.00           650,224.68  
                VISTEON CORP                          
23-Sep   Buy     50,000     JM*0614     0.126     6307.00           643,917.68  
23-Sep   Buy     5,000     VISTEON CORP     0.127           0.00     643,917.68  
23-Sep   Buy     90,000     VISTEON CORP     0.128           0.00     643,917.68  
                VISTEON CORP                          
23-Sep   Buy     5,000     QI*0908     0.128     12802.00           631,115.68  
23-Sep   Sell     -100     VISTEON CORP     0.127           0.00     631,115.68  
23-Sep   Sell     -19,900     VISTEON CORP     0.127           0.00     631,115.68  
23-Sep   Sell     -25,000     VISTEON CORP     0.127           0.00     631,115.68  
23-Sep   Sell     -50,000     VISTEON CORP     0.127           0.00     631,115.68  
                VISTEON CORP                          
23-Sep   Sell     -861     WA*1225     0.127           12167.03     643,282.71  
23-Sep   Sell     -100     VISTEON CORP     0.127           0.00     643,282.71  



                      Price     Charged     Credited     Account  
     Date   Activity     Quantity     Description     ($)     ($)     ($)     Balance  
23-Sep   Sell     -12,900     VISTEON CORP     0.127           0.00     643,282.71  
23-Sep   Sell     -22,000     VISTEON CORP     0.127           0.00     643,282.71  
23-Sep   Sell     -69,039     VISTEON CORP     0.127           0.00     643,282.71  
                VISTEON CORP                          
23-Sep   Sell     -100     WA*1225     0.127           13225.31     656,508.02  
                VISTEON CORP                          
23-Sep   Buy     50,000     PB*0782     0.126     6307.00           650,201.02  
23-Sep   Buy     7,526     VISTEON CORP     0.126           0.00     650,201.02  
23-Sep   Buy     23,435     VISTEON CORP     0.127           0.00     650,201.02  
                VISTEON CORP                          
23-Sep   Buy     69,039     OO*0312     0.127     12699.48           637,501.54  
23-Sep   Buy     95,000     VISTEON CORP     0.128           0.00     637,501.54  
                VISTEON CORP                          
23-Sep   Buy     5,000     MS*1025     0.128     12807.00           624,694.54  
23-Sep   Buy     5,000     VISTEON CORP     0.125           0.00     624,694.54  
                VISTEON CORP                          
23-Sep   Buy     5,000     BC*1505     0.125     1257.00           623,437.54  
                VISTEON CORP                          
23-Sep   Buy     200,000     JH*1369     0.125     25007.00           598,430.54  
24-Sep   Buy     31     VISTEON CORP     0.135           0.00     877,309.36  
24-Sep   Buy     45,000     VISTEON CORP     0.136           0.00     877,309.36  
                VISTEON CORP                          
24-Sep   Buy     99,444     AG*1424     0.136     19655.57           857,653.79  
24-Sep   Buy     700     VISTEON CORP     0.138           0.00     857,653.79  
24-Sep   Buy     49,300     VISTEON CORP     0.140           0.00     857,653.79  
                VISTEON CORP                          
24-Sep   Buy     50,000     YD*0822     0.140     14005.60           843,648.19  
24-Sep   Buy     4,638     VISTEON CORP     0.139           0.00     843,648.19  
24-Sep   Buy     7,900     VISTEON CORP     0.140           0.00     843,648.19  
24-Sep   Buy     82,462     VISTEON CORP     0.140           0.00     843,648.19  
24-Sep   Buy     100,000     VISTEON CORP     0.140           0.00     843,648.19  
                VISTEON CORP                          
24-Sep   Buy     5,000     FQ*1160     0.140     28006.54           815,641.65  
24-Sep   Buy     5,700     VISTEON CORP     0.138           0.00     815,641.65  
24-Sep   Buy     10,000     VISTEON CORP     0.138           0.00     815,641.65  
24-Sep   Buy     15,000     VISTEON CORP     0.138           0.00     815,641.65  
24-Sep   Buy     20,000     VISTEON CORP     0.138           0.00     815,641.65  
                VISTEON CORP                          
24-Sep   Buy     49,300     GF*1359     0.138     13807.00           801,834.65  
24-Sep   Buy     700     VISTEON CORP     0.140           0.00     801,834.65  



                      Price     Charged     Credited     Account  
     Date   Activity     Quantity     Description     ($)     ($)     ($)     Balance  
24-Sep   Buy     5,000     VISTEON CORP     0.140           0.00     801,834.65  
24-Sep   Buy     14,400     VISTEON CORP     0.140           0.00     801,834.65  
24-Sep   Buy     14,900     VISTEON CORP     0.140           0.00     801,834.65  
                VISTEON CORP                          
24-Sep   Buy     5,000     EL*1157     0.140     5607.00           796,227.65  
24-Sep   Buy     10,000     VISTEON CORP     0.140           0.00     796,227.65  
24-Sep   Buy     20,000     VISTEON CORP     0.140           0.00     796,227.65  
24-Sep   Buy     20,000     VISTEON CORP     0.140           0.00     796,227.65  
                VISTEON CORP                          
24-Sep   Buy     10,000     EL*1157     0.140     8400.00           787,827.65  
25-Sep   Buy     5,000     VISTEON CORP     0.190           0.00     998,200.95  
25-Sep   Buy     10,000     VISTEON CORP     0.190           0.00     998,200.95  
                VISTEON CORP                          
25-Sep   Buy     185,000     TQ*1690     0.193     38562.00           959,638.95  
25-Sep   Buy     2     VISTEON CORP     0.166           0.00     959,638.95  
25-Sep   Buy     5,000     VISTEON CORP     0.188           0.00     959638.95  
25-Sep   Buy     5,000     VISTEON CORP     0.190           0.00     959,638.95  
25-Sep   Buy     50,000     VISTEON CORP     0.166           0.00     959,638.95  
                VISTEON CORP                          
25-Sep   Buy     8,000     NZ*1195     0.190     11717.33           947,921.62  
25-Sep   Buy     5,000     VISTEON CORP     0.190           0.00     947,921.62  
25-Sep   Buy     5,937     VISTEON CORP     0.190           0.00     947,921.62  
25-Sep   Buy     20,000     VISTEON CORP     0.190           0.00     947,921.62  
                VISTEON CORP                          
25-Sep   Buy     101,061     NZ*1195     0.195     25584.93           922,336.69  
25-Sep   Buy     5,000     VISTEON CORP     0.170           0.00     922,336.69  
25-Sep   Buy     20,000     VISTEON CORP     0.170           0.00     922,336.69  
25-Sep   Buy     55,000     VISTEON CORP     0.170           0.00     922,336.69  
25-Sep   Buy     55,000     VISTEON CORP     0.170           0.00     922,336.69  
                VISTEON CORP                          
25-Sep   Buy     55,000     MV*1452     0.170     32307.00           890,029.69  
25-Sep   Buy     1,200     VISTEON CORP     0.170           0.00     890,029.69  
                VISTEON CORP                          
25-Sep   Buy     8,800     MV*1452     0.170     1700.00           888,329.69  
                VISTEON CORP                          
28-Sep   Buy     10,000     LS*2180     0.220     2207.00           1,014,895.23  
28-Sep   Buy     5,000     VISTEON CORP     0.255           0.00     1,014,895.23  
28-Sep   Buy     13,941     VISTEON CORP     0.256           0.00     1,014,895.23  
28-Sep   Buy     29,000     VISTEON CORP     0.256           0.00     1,014,895.23  
28-Sep   Buy     40,000     VISTEON CORP     0.255           0.00     1,014,895.23  



                      Price     Charged     Credited     Account  
     Date   Activity     Quantity     Description     ($)     ($)     ($)     Balance  
                VISTEON CORP                          
28-Sep   Buy     12,059     RP*1548     0.256     25562.00           989,333.23  
                VISTEON CORP .23                          
28-Sep   Buy     100,000     UT*1293     0.235     23507.00           965,826  
28-Sep   Buy     5,000     VISTEON CORP     0.263           0.00     965,826.23  
28-Sep   Buy     5,000     VISTEON CORP     0.263           0.00     965,826.23  
28-Sep   Buy     5,000     VISTEON CORP     0.263           0.00     965,826.23  
28-Sep   Buy     5,000     VISTEON CORP     0.263           0.00     965,826.23  
                VISTEON CORP                          
28-Sep   Buy     5,000     ES*1013     0.263     6582.00           959,244.23  
28-Sep   Buy     5,000     VISTEON CORP     0.264           0.00     959,244.23  
28-Sep   Buy     10,000     VISTEON CORP     0.264           0.00     959,244.23  
28-Sep   Buy     10,000     VISTEON CORP     0.264           0.00     959,244.23  
28-Sep   Buy     15,000     VISTEON CORP     0.264           0.00     959,244.23  
                VISTEON CORP                          
28-Sep   Buy     5,000     ES*1013     0.264     11880.00           947,364.23  
28-Sep   Buy     13     VISTEON CORP     0.264           0.00     947,364.23  
28-Sep   Buy     130     VISTEON CORP     0.264           0.00     947,364.23  
28-Sep   Buy     4,713     VISTEON CORP     0.264           0.00     947,364.23  
28-Sep   Buy     7,987     VISTEON CORP     0.264           0.00     947,364.23  
                VISTEON CORP                          
28-Sep   Buy     12,000     ES*1013     0.264     6558.55           940805.68  
                VISTEON CORP                          
28-Sep   Buy     5,157     ES*1013     0.264     1361.45           939,444.23  
28-Sep   Buy     500     VISTEON CORP     0.215           0.00     939,444.23  
28-Sep   Buy     9,500     VISTEON CORP     0.215           0.00     939,444.23  
                VISTEON CORP                          
28-Sep   Buy     5,000     FW*1603     0.220     3257.00           936,187.23  
28-Sep   Buy     1,589     VISTEON CORP     0.260           0.00     936,187.23  
28-Sep   Buy     4,900     VISTEON CORP     0.260           0.00     936,187.23  
28-Sep   Buy     10,000     VISTEON CORP     0.260           0.00     936,187.23  
28-Sep   Buy     50,000     VISTEON CORP     0.260           0.00     936,187.23  
                VISTEON CORP                          
28-Sep   Buy     4,000     WQ*1298     0.260     18334.14           917,853.09  
28-Sep   Buy     19,511     VISTEON CORP     0.260           0.00     917,853.09  
                VISTEON CORP                          
28-Sep   Buy     10,000     WQ*1298     0.260     7672.86           910,180.23  
28-Sep   Buy     5,000     VISTEON CORP     0.221           0.00     910,180.23  
28-Sep   Buy     40,000     VISTEON CORP     0.221           0.00     910,180.23  
28-Sep   Buy     50,000     VISTEON CORP     0.221           0.00     910,180.23  



                      Price     Charged     Credited     Account  
     Date   Activity     Quantity     Description     ($)     ($)     ($)     Balance  
                VISTEON CORP                          
28-Sep   Buy     5,000     PF*1164     0.221     22157.00           888,023.23  
                VISTEON CORP                          
Sep 29   Buy     100,000     EF*2514     0.195     19507.00           381,395.23  
                VISTEON CORP                          
Sep 29   Buy     100,000     YV*1153     0.188     18807.00           362,588.23  
                                           
Sep 29   Buy     10,000     VISTEON CORP     0.182           0.00     362,588.23  
                VISTEON CORP                          
Sep 29   Buy     90,000     EJ*1410     0.189     18837.00           343,751.23  
Sep 30   Buy     20,000     VISTEON CORP     0.156           0.00     183,737.23  
Sep 30   Buy     55,000     VISTEON CORP     0.170           0.00     183,737.23  
                VISTEON CORP                          
Sep 30   Buy     25,000     SO*1936     0.170     16727.00           167,010.23  
Sep 30   Buy     5,000     VISTEON CORP     0.159           0.00     167,010.23  
Sep 30   Buy     15,000     VISTEON CORP     0.159           0.00     167,010.23  
Sep 30   Buy     15,000     VISTEON CORP     0.159           0.00     167,010.23  
Sep 30   Buy     25,000     VISTEON CORP     0.159           0.00     167,010.23  
                VISTEON CORP                          
Sep 30   Buy     15,000     ND*2300     0.159     11932.00           155,078.23  
Oct 05   Buy     5,000     VISTEON CORP     0.176           0.00     155,060.82  
Oct 05   Buy     25,000     VISTEON CORP     0.176           0.00     155,060.82  
Oct 05   Buy     50,000     VISTEON CORP     0.176           0.00     155,060.82  
                VISTEON CORP                          
Oct 05   Buy     20,000     YJ*1814     0.176     17607.00           137,453.82  
                VISTEON CORP                          
Oct 05   Buy     100,000     YC*3466     0.176     17607.00           119,846.82