FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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 *
  KESWIN JEFFREY A
2. Date of Event Requiring Statement (Month/Day/Year)
09/12/2006
3. Issuer Name and Ticker or Trading Symbol
Mediavest, Inc. [MVSI]
(Last)
(First)
(Middle)
405 PARK AVENUE, 6TH FLOOR
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NEW YORK, NY 10022
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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 1,500,000 (1)
I
See Footnote (2)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Warrant 09/12/2006 09/01/2008 Common Stock 1,500,000 (1) $ 1 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
KESWIN JEFFREY A
405 PARK AVENUE
6TH FLOOR
NEW YORK, NY 10022
    X    
Lyrical Partners, L.P.
405 PARK AVENUE
6TH FLOOR
NEW YORK, NY 10022
    X    
Lyrical Opportunity Partners LP
405 PARK AVENUE
6TH FLOOR
NEW YORK, NY 10022
    X    

Signatures

/s/ Jeffrey Keswin 02/13/2007
**Signature of Reporting Person Date

/s/ Jeffrey Keswin, manager of Lyrical Partners, L.P. 02/13/2007
**Signature of Reporting Person Date

/s/ Jeffrey Keswin, manager of Lyrical Opportunity Partners, L.P. 02/13/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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) The filing of this Form 3 shall not be construed as an admission that Jeffrey Keswin, Lyrical Partners, L.P., Lyrical Multi-Manager Fund, L.P. or Lyrical Multi-Manager Offshore Fund, Ltd. is or was for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise the beneficial owner of any of the shares of common stock of U.S. Wireless Data, Inc. ("Common Stock") owned by Lyrical Multi-Manager Fund, L.P. or Lyrical Multi-Manager Offshore Fund, Ltd. Pursuant to Rule 16a-1, each of Jeffrey Keswin, Lyrical Partners, L.P., Lyrical Multi-Manager Fund, L.P. and Lyrical Multi-Manager Offshore Fund, Ltd. disclaim such beneficial ownership.
(2) Lyrical Partners, L.P. holds indirectly 3,000,000 shares of Common Stock (1,500,000 of which are shares of Common Stock and 1,500,000 of which are shares of Common Stock issuable upon conversion of the Warrants) on behalf of Lyrical Multi-Manager Fund, L.P. and Lyrical Multi-Manager Offshore Fund, Ltd., of which Lyrical Partners, L.P. is the investment manager. Jeffrey Keswin reports the shares indirectly held by Lyrical Partners, L.P. because, as the manager of Lyrical Partners, L.P. at the time of purchase, he controlled the voting and disposition of the securities.

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