-----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, N6LB6ySltptOQPLIEJjA3Eqhrr/csTKAcqOYQZ2oZKfucTmbNFhQTEeVkOUXwtT8 E2yyfpXODBeHA3A2PmEdpg== 0000905148-07-004825.txt : 20070705 0000905148-07-004825.hdr.sgml : 20070704 20070705164856 ACCESSION NUMBER: 0000905148-07-004825 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070705 DATE AS OF CHANGE: 20070705 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BIO IMAGING TECHNOLOGIES INC CENTRAL INDEX KEY: 0000822418 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-TESTING LABORATORIES [8734] IRS NUMBER: 112872047 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-52563 FILM NUMBER: 07965132 BUSINESS ADDRESS: STREET 1: 826 NEWTOWN-YARDLEY ROAD CITY: NEWTOWN STATE: PA ZIP: 18940-1721 BUSINESS PHONE: 2677571360 MAIL ADDRESS: STREET 1: 826 NEWTOWN-YARDLEY ROAD CITY: NEWTOWN STATE: PA ZIP: 18940-1721 FORMER COMPANY: FORMER CONFORMED NAME: WISE VENTURES INC DATE OF NAME CHANGE: 19911023 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Landmark Advisors, LLC CENTRAL INDEX KEY: 0001405118 IRS NUMBER: 743161188 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 408 WEST 14TH STREET CITY: NEW YORK STATE: NY ZIP: 10014 BUSINESS PHONE: 212-243-1600 MAIL ADDRESS: STREET 1: 408 WEST 14TH STREET CITY: NEW YORK STATE: NY ZIP: 10014 SC 13G 1 efc7-1782_formsc13g.txt UNITED STATES SECURITIES EXCHANGE COMMISSION Washington, D.C. 20549 - ------------------------------------------------------------------------------ SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ) BIO-IMAGING TECHNOLOGIES INC. ----------------------------- (Name of Issuer) Common Stock, par value $0.00025 par value --------------------------------------------------- (Title of Class of Securities) 09056N103 ------------------- (CUSIP Number) June 25, 2007 -------------------- (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). Continued on following pages Page 1 of 11 Pages Exhibit Index: Page 10 SCHEDULE 13G CUSIP No.: 09056N103 Page 2 of 17 Pages ................................................................................. 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). LANDMARK ADVISORS, LLC ................................................................................. 2. Check the Appropriate Box if a Member of a Group (a) [ ] (b) [ ] ................................................................................. 3. SEC Use Only ................................................................................. 4. Citizenship or Place of Organization Delaware ................................................................................. Number of 5. Sole Voting Power None Shares Beneficially ................................................................ Owned by Each Reporting 6. Shared Voting Power 599,662 Person With ................................................................ 7. Sole Dispositive Power None ................................................................ 8. Shared Dispositive Power 599,662 ................................................................................. 9. Aggregate Amount Beneficially Owned by Each Reporting Person 599,662 ................................................................................. 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) |_| ................................................................................. 11. Percent of Class Represented by Amount in Row (9) 5.17% based on 11,593,842 shares outstanding as of April 30, 2007. ................................................................................. 12. Type of Reporting Person: IA CUSIP No.: 913201109 Page 3 of 17 Pages ................................................................................. 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). LANDMARK SELECT MASTER FUND LTD. ................................................................................. 2. Check the Appropriate Box if a Member of a Group (a) [ ] (b) [ ] ................................................................................. 3. SEC Use Only ................................................................................. 4. Citizenship or Place of Organization Cayman Islands ................................................................................. Number of 5. Sole Voting Power None Shares Beneficially ................................................................ Owned by Each Reporting 6. Shared Voting Power 599,662 Person With ................................................................ 7. Sole Dispositive Power None ................................................................ 8. Shared Dispositive Power 599,662 ................................................................................. 9. Aggregate Amount Beneficially Owned by Each Reporting Person 599,662 ................................................................................. 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) |_| ................................................................................. 11. Percent of Class Represented by Amount in Row (9) 5.17% based on 11,593,842 shares outstanding as of April 30, 2007. ................................................................................. 12. Type of Reporting Person: HC CUSIP No.: 913201109 Page 4 of 17 Pages ................................................................................. 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). TILDENROW ADVISORS, LLC ................................................................................. 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 ................................................................................. Number of 5. Sole Voting Power None Shares Beneficially ................................................................ Owned by Each Reporting 6. Shared Voting Power 599,662 Person With ................................................................ 7. Sole Dispositive Power None ................................................................ 8. Shared Dispositive Power 599,662 ................................................................................. 9. Aggregate Amount Beneficially Owned by Each Reporting Person 599,662 ................................................................................. 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) |_| ................................................................................. 11. Percent of Class Represented by Amount in Row (9) 5.17% based on 11,593,842 shares outstanding as of April 30, 2007. ................................................................................. 12. Type of Reporting Person: IA CUSIP No.: 913201109 Page 5 of 17 Pages ................................................................................. 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). BARON ADVISORS LLC ................................................................................. 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 ................................................................................. Number of 5. Sole Voting Power None Shares Beneficially ................................................................ Owned by Each Reporting 6. Shared Voting Power 599,662 Person With ................................................................ 7. Sole Dispositive Power None ................................................................ 8. Shared Dispositive Power 599,662 ................................................................................. 9. Aggregate Amount Beneficially Owned by Each Reporting Person 599,662 ................................................................................. 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) |_| ................................................................................. 11. Percent of Class Represented by Amount in Row (9) 5.17% based on 11,593,842 shares outstanding as of April 30, 2007. ................................................................................. 12. Type of Reporting Person: HC CUSIP No.: 913201109 Page 6 of 17 Pages ................................................................................. 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). AHMED FATTOUGH ................................................................................. 2. Check the Appropriate Box if a Member of a Group (a) [ ] (b) [ ] ................................................................................. 3. SEC Use Only ................................................................................. 4. Citizenship or Place of Organization Cayman Islands ................................................................................. Number of 5. Sole Voting Power 599,662 Shares Beneficially ................................................................ Owned by Each Reporting 6. Shared Voting Power None Person With ................................................................ 7. Sole Dispositive Power 599,662 ................................................................ 8. Shared Dispositive Power None ................................................................................. 9. Aggregate Amount Beneficially Owned by Each Reporting Person 599,662 ................................................................................. 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) |_| ................................................................................. 11. Percent of Class Represented by Amount in Row (9) 5.17% based on 11,593,842 shares outstanding as of April 30, 2007. ................................................................................. 12. Type of Reporting Person: HC CUSIP No.: 913201109 Page 7 of 17 Pages ................................................................................. 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). JOHN SALIB ................................................................................. 2. Check the Appropriate Box if a Member of a Group (a) [ ] (b) [ ] ................................................................................. 3. SEC Use Only ................................................................................. 4. Citizenship or Place of Organization United States of America ................................................................................. Number of 5. Sole Voting Power 599,662 Shares Beneficially ................................................................ Owned by Each Reporting 6. Shared Voting Power None Person With ................................................................ 7. Sole Dispositive Power 599,662 ................................................................ 8. Shared Dispositive Power None ................................................................................. 9. Aggregate Amount Beneficially Owned by Each Reporting Person 599,662 ................................................................................. 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) |_| ................................................................................. 11. Percent of Class Represented by Amount in Row (9) 5.17% based on 11,593,842 shares outstanding as of April 30, 2007. ................................................................................. 12. Type of Reporting Person: HC CUSIP No.: 913201109 Page 8 of 17 Pages ................................................................................. 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). SEBASTIAN STUBBE ................................................................................. 2. Check the Appropriate Box if a Member of a Group (a) [ ] (b) [ ] ................................................................................. 3. SEC Use Only ................................................................................. 4. Citizenship or Place of Organization United States of America ................................................................................. Number of 5. Sole Voting Power 599,662 Shares Beneficially ................................................................ Owned by Each Reporting 6. Shared Voting Power None Person With ................................................................ 7. Sole Dispositive Power 599,662 ................................................................ 8. Shared Dispositive Power None ................................................................................. 9. Aggregate Amount Beneficially Owned by Each Reporting Person 599,662 ................................................................................. 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) |_| ................................................................................. 11. Percent of Class Represented by Amount in Row (9) 5.17% based on 11,593,842 shares outstanding as of April 30, 2007. ................................................................................. 12. Type of Reporting Person: HC CUSIP No.: 913201109 Page 9 of 17 Pages ................................................................................. 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). EILEEN SEGALL ................................................................................. 2. Check the Appropriate Box if a Member of a Group (a) [ ] (b) [ ] ................................................................................. 3. SEC Use Only ................................................................................. 4. Citizenship or Place of Organization United States of America ................................................................................. Number of 5. Sole Voting Power 599,662 Shares Beneficially ................................................................ Owned by Each Reporting 6. Shared Voting Power None Person With ................................................................ 7. Sole Dispositive Power 599,662 ................................................................ 8. Shared Dispositive Power None ................................................................................. 9. Aggregate Amount Beneficially Owned by Each Reporting Person 599,662 ................................................................................. 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) |_| ................................................................................. 11. Percent of Class Represented by Amount in Row (9) 5.17% based on 11,593,842 shares outstanding as of April 30, 2007. ................................................................................. 12. Type of Reporting Person: HC Page 10 of 17 Pages Item 1(a). Name of Issuer: Bio-Imaging Technologies Inc. (the "Issuer") Item 1(b). Address of Issuer's Principal Executive Offices: 826 Newton-Yardley Road Newton, PA 18940-1721 Item 2(a). Name of Person Filing This Statement is filed on behalf of each of the following persons (collectively, the "Reporting Persons"): i) Tildenrow Advisors, LLC ("Tildenrow Advisors") ii) Landmark Select Master Fund Ltd. ("Landmark Select"); iii) Landmark Advisors, LLC ("Landmark Advisors"); and iv) Baron Advisors, LLC ("Baron Advisors") v) Ahmed Fattouh ("Mr. Fattouh") vi) John Salib ("Mr. Salib") vii) Sebastian Stubbe ("Mr. Stubbe") viii) Eileen Segall ("Ms. Segall") This Statement relates to Shares (as defined herein) held for the accounts of Landmark Select, a Cayman Islands exempted company. Landmark Advisors serves as investment adviser to Landmark Select and Tildenrow Advisors serves as sub-adviser to Landmark Select under Landmark Advisors. In such capacity, both Landmark Advisors and Tildenrow Advisors may be deemed to have voting and dispositive power over the Shares held for the account of Landmark Select. Landmark Advisors is a registered investment adviser under Section 203 of the Investment Advisers Act of 1940, as amended. Baron Advisors, LLC, Mr. Salib and Mr. Stubbe are members of Landmark Advisors with discretionary authority in relation to trades advised by Landmark Advisors or its sub-advisers. Mr. Fattouh is the managing member of Baron Advisors. Ms. Segall is the managing member of Tildenrow Advisors. Item 2(b). Address of Principal Business Office or, if None, Residence: The address of the principal business office of each of Landmark Advisors, Landmark Select, Baron Advisors, Mr. Fattouh, Mr. Salib and Mr. Stubbe is 408 West 14th Street, New York, NY 10014. The address of the principal place of business of Tildenrow Advisors and Ms. Segall is 120 E. 34th Street Suite 6H, New York, NY 10016. Item 2(c). Citizenship: Page 11 of 17 Pages i) Tildenrow Advisors is a New York limited liability company; ii) Landmark Select is a Cayman Islands exempted company; iii) Landmark Advisors is a Delaware limited liability company; iv) Baron Advisors is a New York limited liability company; v) Mr. Fattouh is a citizen of the United States of America; vi) Mr. Salib is a citizen of the United States of America; vii) Mr. Stubbe is a citizen of the United States of America; and viii) Ms. Segall is a citizen of the United States of America. Item 2(d). Title of Class of Securities: Common Stock, par value $.00025 per share (the "Shares") Item 2(e).CUSIP Number: 09056N103 Item 3. If This Statement is Filed Pursuant to ss.ss.240.13d-1(b) or 240.13d-2(b) or (c), Check Whether the Person Filing is a: This Item 3 is not applicable. Item 4. Ownership: Item 4(a) Amount Beneficially Owned: As of June 25, 2007, Tildenrow Advisors, Landmark Advisors, Landmark Select, Baron Advisors, Mr. Fattouh, Mr. Salib, Mr. Stubbe and Ms. Segall may be deemed to be the beneficial owner of 599,662 Shares. This amount consists of 599,662 Shares held for the account of Landmark Select. Item 4(b) Percent of Class: The number of Shares of which each of Tildenrow Advisors, Landmark Advisors, Landmark Select, Baron Advisors, Mr. Fattouh, Mr. Salib, Mr. Stubbe and Ms. Segall may be deemed to be the beneficial owner constitutes approximately 5.17% of the total number of Shares outstanding (based upon information provided by the Issuer in its most recently filed quarterly report on Form 10-Q, there were approximately 11,593,842 shares outstanding as of April 30, 2006). Item 4(c) Number of Shares of which such person has: Tildenrow Advisors, Landmark Advisors, Landmark Select, Baron Advisors, Mr. Fattouh, Mr. Salib, Mr. Stubbe and Ms. Segall (i) Sole power to vote or direct the vote: 0 Page 12 of 17 Pages (ii) Shared power to vote or direct the vote: 599,662 (iii) Sole power to dispose or direct the disposition of: 0 (iv) Shared power to dispose or direct the disposition of: 599,662 Item 5. Ownership of Five Percent or Less of a Class: This Item 5 is not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person: This Item 6 is not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company: See disclosure in Item 2 hereof. Item 8. Identification and Classification of Members of the Group: This Item 8 is not applicable. Item 9. Notice of Dissolution of Group: This Item 9 is not applicable. Item 10. Certification: By signing below each of the Reporting Persons certifies that, to the best of their knowledge and belief, the securities referred to above 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 13 of 17 Pages SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Date: June 29, 2007 LANDMARK SELECT MASTER FUND LTD. By: LANDMARK ADVISORS, LLC, its investment adviser By: /s/ John Salib ----------------------------- Name: John Salib Title: Member Date: June 29, 2007 TILDENROW ADVISORS, LLC By: /s/ Eileen Segall ----------------------------- Name: Eileen Segall Title: Managing Member Date: June 29, 2007 LANDMARK ADVISORS LLC By: /s/ John Salib ----------------------------- Name: John Salib Title: Member Date: June 29, 2007 BARON ADVISORS, LLC By: /s/ Ahmed Fattouh ----------------------------- Name: Ahmed Fattouh Title: Managing Member Date: June 29, 2007 AHMED FATTOUH /s/ Ahmed Fattouh --------------------------------- Date: June 29, 2007 JOHN SALIB /s/ John Salib --------------------------------- Date: June 29, 2007 SEBASTIAN STUBBE /s/ Sebastian Stubbe --------------------------------- Page 14 of 17 Pages EILEEN SEGALL Date: June 29, 2007 /s/ Eileen Segall --------------------------------- Page 15 of 17 Pages EXHIBIT INDEX Exhibit Page No. - ------- -------- A Joint Filing Agreement, dated June 29, 2007 by and among Tildenrow Advisors, Landmark Advisors, Landmark Select, Baron Advisors, Mr. Fattouh, Mr. Salib, Mr. Stubbe and Ms. Segall............................................... 16 Page 16 of 17 Pages EXHIBIT A JOINT FILING AGREEMENT The undersigned hereby agree that the statement on Schedule 13G with respect to the Common Stock of Bio-Imaging, Inc. dated as of June 29, 2007 is, and any amendments thereto (including amendments on Schedule 13D) signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended. Date: June 29, 2007 LANDMARK SELECT MASTER FUND LTD. By: LANDMARK ADVISORS, LLC, its investment adviser By: /s/ John Salib ------------------------------ Name: John Salib Title: Member Date: June 29, 2007 TILDENROW ADVISORS, LLC By: /s/ Eileen Segall ------------------------------ Name: Eileen Segall Title: Managing Member Date: June 29, 2007 LANDMARK ADVISORS LLC By: /s/ John Salib ------------------------------ Name: John Salib Title: Member Date: June 29, 2007 BARON ADVISORS, LLC By: /s/ Ahmed Fattouh ------------------------------ Name: Ahmed Fattouh Title: Managing Member Date: June 29, 2007 AHMED FATTOUH By: /s/ Ahmed Fattouh ------------------------------ Page 17 of 17 Pages Date: June 29, 2007 JOHN SALIB By: /s/ John Salib ------------------------------ Date: June 29, 2007 SEBASTIAN STUBBE By: /s/ Sebastian Stubbe ------------------------------ EILEEN SEGALL Date: June 29, 2007 By: /s/ Eileen Segall ------------------------------ -----END PRIVACY-ENHANCED MESSAGE-----