-----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, VKWqcEK65GQEqooFyZI1l1YiyThzKelxSGM7f0sdP5Put5pXDCNrgUc90QP6k+PR tOaLvGsKjTmuSvzXgje0zA== 0001041885-09-000027.txt : 20090128 0001041885-09-000027.hdr.sgml : 20090128 20090128110023 ACCESSION NUMBER: 0001041885-09-000027 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20090128 DATE AS OF CHANGE: 20090128 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Advance Nanotech, Inc. CENTRAL INDEX KEY: 0000354699 STANDARD INDUSTRIAL CLASSIFICATION: MEASURING & CONTROLLING DEVICES, NEC [3829] IRS NUMBER: 201614256 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-33312 FILM NUMBER: 09550130 BUSINESS ADDRESS: STREET 1: 400 RELLA BLVD, STREET 2: SUITE 160, CITY: MONTEBELLO, STATE: NY ZIP: 10901 BUSINESS PHONE: (845) 533-4225 MAIL ADDRESS: STREET 1: 400 RELLA BLVD, STREET 2: SUITE 160, CITY: MONTEBELLO, STATE: NY ZIP: 10901 FORMER COMPANY: FORMER CONFORMED NAME: DYNAMIC I-T INC DATE OF NAME CHANGE: 19990830 FORMER COMPANY: FORMER CONFORMED NAME: COLORADO GOLD & SILVER INC DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Macbay Partners CENTRAL INDEX KEY: 0001426418 IRS NUMBER: 205869289 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 61 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10006 BUSINESS PHONE: 212-269-7800 MAIL ADDRESS: STREET 1: 61 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10006 SC 13G/A 1 avn13gambplpdec08.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________ OMB APPROVAL OMB NUMBER: 3235-0145 Expires: February 28, 2009 Estimated average burden hours per response....11 _____________________________ SCHEDULE 13G/A Under the Securities Exchange Act of 1934 (Amendment No. 2______________)* ADVANCE NANOTECH, INC. ----------------------------------------------------- (Name of Issuer) COMMON STOCK ----------------------------------------------------- (Title of Class of Securities) 007486103 ----------------------------------------------------- (CUSIP Number) 12/31/08 ----------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [] Rule 13d-1(b) [X] 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). CUSIP No. _007486103____ 13G - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON(S) S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON(S) MACBAY PARTNERS, LP 20-5869289 - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION NEW YORK STATE - -------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER 0 SHARES BENEFICIALLY -------------------------------------------------------------- OWNED BY 6. SHARED VOTING POWER 4,768,430 REPORTING -------------------------------------------------------------- PERSON 7. SOLE DISPOSITIVE POWER 0 WITH -------------------------------------------------------------- 8. SHARED DISPOSITIVE POWER 4,768,430 - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,768,430 - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.5% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. _007486103____ 13G/A - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON(S) S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON(S) MACBAY PARTNERS, LLC 04-6460278 - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION NEW YORK STATE - -------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER 0 SHARES BENEFICIALLY -------------------------------------------------------------- OWNED BY 6. SHARED VOTING POWER 4,768,430 REPORTING -------------------------------------------------------------- PERSON 7. SOLE DISPOSITIVE POWER 0 WITH -------------------------------------------------------------- 8. SHARED DISPOSITIVE POWER 4,768,430 - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,768,430 - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.5% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 13G/A Item 1. (a) Name of Issuer: ADVANCE NANOTECH, INC. -------------------------------------------------------------- (b) Address of Issuer's Principal Executive Offices: 600 LEXINGTON AVE NEW YORK, NY 10022 -------------------------------------------------------------- Item 2. (a) Name of Person Filing: MACBAY PARTNER, LP MACBAY PARTNER, LLC -------------------------------------------------------------- (b) Address of Principal Business Office, or if None, Residence: c/o INGALLS & SNYDER, LLC 61 BROADWAY, NEW YORK NY 10006 -------------------------------------------------------------- (c) Citizenship: MACBAY PARTNER, LP - DELAWARE MACBAY PARTNER, LLC - DELAWARE -------------------------------------------------------------- (d) Title of Class of Securities: COMMON STOCK -------------------------------------------------------------- (e) CUSIP Number: 007486103 -------------------------------------------------------------- Item 3. If this statement is filed pursuant to Section240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8). (e) [ ] An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Section240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(J). Item 4. Ownership. I. MacBay Partners, LP Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned:______4,768,430________ . (b) Percent of class: ____8.5%__________. (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote ____0___. (ii) Shared power to vote or to direct the vote ___4,768,430_______. (iii) Sole power to dispose or to direct the disposition of ___0______. (iv) Shared power to dispose or to direct the disposition of _4,768,430. II. MacBay Partner, LLC Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned:______4,768,430________ . (b) Percent of class: ____8.5%__________. (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote ____0___. (ii) Shared power to vote or to direct the vote ____4,768,430_______. (iii) Sole power to dispose or to direct the disposition of ___0______. (iv) Shared power to dispose or to direct the disposition of _4,768,430. 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 []. Item 6. Ownership of More Than Five Percent on Behalf of Another Person. Shares reported under shared voting and shared dispositive authority include the assumed conversion of $750,000 par value of Advance Nanotech, Inc. Convertible Notes due 12/19/10 which are convertible at $0.25 per share and shares receivable uner the assumed excercise of 1,500,000 Advanced Nanotech, Inc Warrants excercise at 0.30/shares which expire 12/19/12. In addition to shares owned directly. MacBay Partners, LP ("MacBay"), is an investment partnership managed under an investment advisory contract by Ingalls & Snyder LLC ("Ingalls"), a registered broker dealer and a registered investment advisor. MacBay Partners, LLC is the general partner of MacBay. Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on By the Parent Holding Company. Item 8. Identification and Classification of Members of the Group. Item 9. Notice of Dissolution of Group. Item 10. Certification. By signing below -I/we- certify that, to the best of my/our knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purpose or effect. Signature. After reasonable inquiry and to the best of my knowledge and belief, -I/we- certify that the information set forth in this statement is true, complete and correct. Date: 1/21/09 MacBay Partners, LP MacBay Partners, LLC As General Partner By: /s/ H. Shepard Boone/s/ - --------------------------------- H. Shepard Boone MacBay Partners, LLC By:/s/ H. Shepard Boone /s/ - --------------------------------- H. Shepard Boone Member * Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001). - ---------------------------------------------------------------------------- INDEX TO EXHIBITS The following is filed as an Exhibit hereto: 1. Joint Filing Agreement of the Reporting Persons. - ---------------------------------------------------------------------------- EXHIBIT 1 TO SCHEDULE 13G/A The undersigned hereby agree that the Schedule 13G, as amended, to which this is an Exhibit is filed on behalf of each of them. Date: January 21, 2009 MACBAY PARTNERS, LP By MACBAY PARTNERS, LLC, as General Partner By: /s/ H. Shepard Boone H. Shepard Boone Member MACBAY Partners, LLC By: /s/ H. Shepard Boone H. Shepard Boone Member -----END PRIVACY-ENHANCED MESSAGE-----