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UNITED STATES |
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SECURITIES
AND EXCHANGE |
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Washington, D.C. 20549
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SCHEDULE 13D |
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PACIFIC BIOMETRICS, INC.
(Name of Issuer)
Common Stock, $.01 Par Value
(Title of Class of Securities)
69403Q100
(CUSIP Number)
Anthony Silverman
7305 E. Del Acero Drive
Scottsdale, AZ 85258
(480) 657-7083
(Name,
Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 3, 2004
(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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting persons 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).
CUSIP No. 69403Q100 |
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1. |
Names of Reporting
Persons. I.R.S. Identification Nos. of above persons (entities only) |
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) |
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(a) |
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(b) |
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3. |
SEC Use Only |
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4. |
Source
of Funds (See Instructions) |
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5. |
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o |
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6. |
Citizenship or Place of Organization |
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Number of |
7. |
Sole
Voting Power |
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8. |
Shared
Voting Power |
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9. |
Sole
Dispositive Power |
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10. |
Shared Dispositive Power |
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11. |
Aggregate
Amount Beneficially Owned by Each Reporting Person |
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12. |
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o |
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13. |
Percent
of Class Represented by Amount in Row (11) |
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14. |
Type of Reporting Person
(See Instructions) |
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*Based on a total of 13,048,820 shares of Common Stock issued as stated in the Issuers Quarterly Report on Form 10-QSB dated November 15, 2004
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Item 1. |
Security and Issuer |
This statement relates to the Common Stock, $.01 par value, (the Common Stock), of Pacific Biometrics, Inc., a Delaware corporation (the Issuer). The principal executive office of the Issuer is located at 220 W. Harrison Street, Seattle, Washington 98119. |
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Item 2. |
Identity and Background |
Anthony Silverman resides at 7305 E. Del Acero Drive, Scottsdale, AZ 85258. He is a private investor and financial consultant. He is a citizen of the United States. He has not, during the past five years, been convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors). He has not been, during the past five years, nor is he now subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws as a party to a civil proceeding of a judicial or administrative body of competent jurisdiction. |
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Item 3. |
Source and Amount of Funds or Other Consideration |
During the past ten months, Mr. Silverman purchased an aggregate of 697,027shares of the Common Stock of the Issuer in private placements of securities by the Issuer and in the open market, all with his own funds. |
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Item 4. |
Purpose of Transaction |
Mr. Silverman acquired the Common Stock of the Issuer in private placements as well as open market purchases for general investment purposes. Mr. Silverman has not yet determined whether he will acquire additional shares of Common Stock of the Issuer. |
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The reporting person has no present plans or proposals which relate to or would result in: (a) the acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer (b) an extraordinary corporate transaction such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries, (c) a sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries, (d) any change in the present board of directors or management of the Issuer, (e) any material change to the present capitalization or dividend policy of the Issuer, (f) any other material change in the Issuers business or corporate structure, (g) changes in the Issuers charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person, (h) causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted on an inter-dealer quotation system of a registered national securities association, (i) a class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934, as amended, or (j) any action similar to any of those enumerated above. |
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Item 5. |
Interest in Securities of the Issuer |
(a) The aggregate number and percentage of shares of Common Stock of the Issuer beneficially owned by each Reporting Person is as follows: |
Beneficial Owner |
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Aggregate Number |
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Percentage |
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Anthony Silverman |
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697,027 |
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5.3 |
% |
* Based on 13,048,820 shares of Common Stock issued and outstanding as stated in the Issuers Quarterly Report on Form 10_QSB, dated November 15, 2004. |
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(b) The number of shares of Common Stock as to which there is sole power to direct the vote, shares power to vote or to direct the vote, sole power to dispose or direct the disposition, or shared power to dispose or direct the disposition for the Reporting Person is set forth on the cover pages. |
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(c) There have been no reportable transactions with respect to the Common Stock of the Issuer within the last 60 days by the Reporting Person except for the acquisition of beneficial ownership of the securities being reported on this Schedule 13D, as follows: |
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(i) On or about November 24, 2004, Mr. Silverman acquired 17,500 shares of Common Stock in an open market transaction at a price per share of $1.08. |
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(ii) On or about November 16, 2004, Mr. Silverman acquired 13,227 shares of Common Stock in the open market at a price per share of $1.08. |
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(iii) During the period October 11, 2004 to December 3, 2004, Mr. Silverman acquired 66,300 shares of Common Stock in open market transactions at prices ranging from $0.61 to $1.11 per share. |
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(d) Not applicable. |
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(e) Not applicable. |
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Item 6. |
Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer |
None. |
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Item 7. |
Material to Be Filed as Exhibits |
Not applicable. |
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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.
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January 25, 2005 |
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Date |
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Signature |
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Name/Title |
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (see 18 U.S.C. 1001).
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