UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Oculus VisionTech Inc.
(Name of Issuer)
Common Shares, no par value
(Title of Class and Securities)
67575Y109
(CUSIP Number)
December 31, 2011
(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)
( )
Rule 13d-1(c)
( X )
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).
2
1.
Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only).
Anton J. Drescher
2.
Check the Appropriate box if a Member of a Group
(a)
Not applicable
(b)
Not applicable
3.
SEC Use Only
4.
Citizenship or Place of Organization
Canada
5.
Sole Voting Power 1,261,459 common shares
Number of
Shares Bene-
ficially Owned
6.
Shared Voting Power Nil
By Each
Reporting
Person
7.
Sole Dispositive Power 1,261,459 common shares
PERSON
8.
Shared Dispositive Power Nil
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
1,261,459 common shares
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares
( )
Not applicable
11.
Percent of Class Represented by Amount in Row (9)
9.29%
(See response to Item 4)
12.
Type of Reporting Person
IN
3
Item 1
(a).
Name of Issuer:
Oculus VisionTech Inc.
(b).
Address of Issuer's Principal Executive Offices:
#507 – 837 West Hastings St.
Vancouver, BC V6C 3N6
Item 2
(a).
Name of Person Filing:
Anton J. Drescher
(b).
Address of Principal Business Office or, if None, Residence:
#507, 837 West Hastings Street
Vancouver, BC V6C 3N6
(c).
Citizenship
Canada
(d).
Title of Class of Securities:
Common shares, no par value
(e).
CUSIP Number:
67575Y109
Item 3.
If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
(a)
[ ]
Broker or dealer registered under Section 15 of the Act;
(b)
[ ]
Bank as defined in Section 3(a)(6) of the Act;
(c)
[ ]
Insurance Company as defined in Section 3(a)(19) of the Act;
(d)
[ ]
Investment Company registered under Section 8 of the Investment Company Act;
(e)
[ ]
An Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940;
4
(f)
[ ]
An Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see Rule 13d-1(b)(1)(ii)(F);
(g)
[ ]
A Parent Holding Company, in accordance with Rule 13d-1(b)(1)(ii)(G); see Item 7,
(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 Rule 13d-1(b)(1)(ii)(H).
Not applicable
Item 4.
Ownership.
(a)
Amount beneficially owned:
The Reporting Person beneficially owns 1,261,459 common shares.
Each common share entitles the holder to one vote per share.
(b)
Percent of class: 9.29%
(c)
Number of shares as to which such person has:
(i)
Sole power to vote or to direct the vote: 1,261,459 common shares
(ii)
Shared power to vote or to direct the vote: Nil
(iii)
Sole power to dispose or to direct the disposition of: 1,261,459 common shares
(iv)
Shared power to dispose or to direct the disposition of: Nil
Item 5.
Ownership of Five Percent or Less of a Class.
Not applicable
5
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.
Not applicable
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.
February 6, 2012
Date
/s/ Anton J. Drescher
Signature