-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, LdSXgg1YWH6Bq1S20Nqk/64W2pBhaw1+uYlWbpkSIFkQT59w87lCP1PDqAhak5+B TwMDL8B+pp7zCVoaV94scA== 0001193125-07-031552.txt : 20070214 0001193125-07-031552.hdr.sgml : 20070214 20070214150053 ACCESSION NUMBER: 0001193125-07-031552 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20070214 DATE AS OF CHANGE: 20070214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ORCKIT COMMUNICATIONS LTD CENTRAL INDEX KEY: 0001021620 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 000000000 STATE OF INCORPORATION: L3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-55667 FILM NUMBER: 07618921 BUSINESS ADDRESS: STREET 1: 38 NAHALAT YITZHAK ST STREET 2: TEL AVIV CITY: ISRAEL STATE: L3 ZIP: 67448 BUSINESS PHONE: 01197236962121 MAIL ADDRESS: STREET 1: 38 NAHALAT YITZHAK ST STREET 2: TEL AVIV CITY: ISRAEL STATE: L3 ZIP: 67448 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: OBERWEIS ASSET MANAGEMENT INC/ CENTRAL INDEX KEY: 0000937886 IRS NUMBER: 364106772 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 3333 WARRENVILLE ROAD STREET 2: SUITE 500 CITY: LISLE STATE: IL ZIP: 60532 BUSINESS PHONE: 6305772300 MAIL ADDRESS: STREET 1: 3333 WARRENVILLE ROAD STREET 2: SUITE 500 CITY: LISLE STATE: IL ZIP: 60532 SC 13G/A 1 dsc13ga.htm ORCKIT COMMUNICATIONS LTD. Orckit Communications Ltd.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

 

Orckit Communications Ltd.

(Name of Issuer)

Ordinary Shares

(Title of Class of Securities)

 

 

M7531S206

                                (CUSIP Number)                                

December 31, 2006

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

x Rule 13d-1(b)

 

¨ Rule 13d-1(c)

 

¨ Rule 13d-1(d)

 

*   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 the disclosures provided in a prior cover page.

The information required in 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).

 

Page 1 of 9 pages

CUSIP No. M7531S206   13G   Page 2 of 9 Pages

 

  1  

NAME OF REPORTING PERSON

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

    
                Oberweis Asset Management, Inc. 36-3668290    
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)  
  (a)  ¨  
   

(b)  ¨

 

            Not Applicable

    
  3   SEC USE ONLY  
         
  4   CITIZENSHIP OR PLACE OF ORGANIZATION  
                Illinois    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     5    SOLE VOTING POWER
 
                  None
    6    SHARED VOTING POWER
 
                  0
    7    SOLE DISPOSITIVE POWER
 
                  None
    8    SHARED DISPOSITIVE POWER
 
                  0
  9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    
                0    
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)   ¨
                Not Applicable    
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
                0%    
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)  
                IA    

CUSIP No. M7531S206   13G   Page 3 of 9 Pages

 

  1  

NAMES OF REPORTING PERSON

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

    
                James D. Oberweis    
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)  
  (a)  ¨  
   

(b)  ¨

 

            Not Applicable

    
  3   SEC USE ONLY  
         
  4   CITIZENSHIP OR PLACE OF ORGANIZATION  
                U.S.A.    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     5    SOLE VOTING POWER
 
                  None
    6    SHARED VOTING POWER
 
                  0
    7    SOLE DISPOSITIVE POWER
 
                  None
    8    SHARED DISPOSITIVE POWER
 
                  0
  9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    
                0    
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)   ¨
                Not Applicable    
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
                0%    
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)  
                IN    

CUSIP No. M7531S206   13G   Page 4 of 9 Pages

 

  1  

NAME OF REPORTING PERSON

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

    
                James W. Oberweis    
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)  
  (a)  ¨  
  (b)  ¨  
                Not Applicable    
  3   SEC USE ONLY  
         
  4   CITIZENSHIP OR PLACE OF ORGANIZATION  
                U.S.A.    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     5    SOLE VOTING POWER
 
                  None
    6    SHARED VOTING POWER
 
                  0
    7    SOLE DISPOSITIVE POWER
 
                  None
    8    SHARED DISPOSITIVE POWER
 
                  0
  9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    
                0    
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)   ¨
                Not Applicable    
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
                0%    
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)  
                IN    

Item 1  

(a)

    Name of Issuer:      
     Orckit Communications Ltd.      
Item 1  

(b)

    Address of Issuer’s Principal Executive Offices:      
     126 Yigal Allon Street      
     Tel-Aviv 67443      
     Israel      
Item 2  

(a)

    Name of Person Filing:      
     Oberweis Asset Management, Inc. (“OAM”)      
     James D. Oberweis      
     James W. Oberweis      
Item 2  

(b)

    Address of Principal Business Office or, if none, Residence:      
     OAM, James D. Oberweis and James W. Oberweis are located at:      
     3333 Warrenville Road      
     Suite 500      
     Lisle, IL 60532      
Item 2  

(c)

    Citizenship:      
     OAM is an Illinois Corporation.      
     James D. Oberweis and James W. Oberweis are U.S. citizens.      
Item 2  

(d)

    Title of Class of Securities:      
    

Ordinary Shares

     
Item 2  

(e)

    CUSIP Number:      
     M7531S206      
Item 3   Type of Person:   
  (e)    OAM is an investment adviser in accordance with §240.13d-1(b)(1)(ii)(E). James D. Oberweis and James W. Oberweis are the principal stockholders of OAM.      
       
       
       
       
       
       
       
       
       

 

Page 5 of 9 pages

Item 4    Ownership (at December 31, 2006):      
   (a)    Amount owned “beneficially” within the meaning of rule 13d-3:      
      0 shares      
   (b)    Percent of class:      
      0% (based on 14,629,431 shares outstanding on December 31, 2005)      
   (c)    Number of shares as to which such person has:      
      (i)    sole power to vote or to direct the vote:      
         none      
      (ii)    shared power to vote or to direct the vote:      
         0      
      (iii)    sole power to dispose or to direct the disposition of:      
         none      
      (iv)    shared power to dispose or to direct disposition of:      
         0      
Item 5    Ownership of Five Percent or Less of a Class:   
   If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following  x.   
Item 6    Ownership of More than Five Percent on Behalf of Another Person:      
   Not Applicable      
Item 7    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company:
   Not Applicable
Item 8    Identification and Classification of Members of the Group:      
   Not Applicable      
Item 9    Notice of Dissolution of Group:      
   Not Applicable      
Item 10    Certification:      
   By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.      

 

Page 6 of 9 pages

Signature

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.

Date: February 14, 2007

The undersigned corporation, on the date above written, agrees and consents to the joint filing on its behalf of this Schedule 13G in connection with its beneficial ownership of the security reported herein.

 

OBERWEIS ASSET MANAGEMENT, INC.
By:  

/s/ Patrick B. Joyce

  Patrick B. Joyce
  Executive Vice President

The undersigned individual, on the date above written, agrees and consents to the joint filing on his behalf of this Schedule 13G in connection with his beneficial ownership of the security reported herein.

 

By:  

/s/ James D. Oberweis

  James D. Oberweis

The undersigned individual, on the date above written, agrees and consents to the joint filing on his behalf of this Schedule 13G in connection with his beneficial ownership of the security reported herein.

 

By:  

/s/ James W. Oberweis

  James W. Oberweis

 

Page 7 of 9 pages

Exhibit Index

 

Exhibit 1    Joint Filing Agreement dated as of February 14, 2007 between Oberweis Asset Management, Inc., James D. Oberweis and James W. Oberweis

 

Page 8 of 9 pages

EXHIBIT 1

JOINT FILING AGREEMENT

The undersigned hereby agree to the joint filing of the Schedule 13G to which this Agreement is attached.

Dated: February 14, 2007

 

OBERWEIS ASSET MANAGEMENT, INC.
By:  

/s/ Patrick B. Joyce

  Patrick B. Joyce
  Executive Vice President
 

/s/ JAMES D. OBERWEIS

  JAMES D. OBERWEIS
 

/s/ JAMES W. OBERWEIS

  JAMES W. OBERWEIS

 

Page 9 of 9 pages

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