-----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, WJxm9R3xF3dzTVm6zEZCPz+JtpKF8k/A4SE382g10zJhCNt0Jund4NlFI1WJujy4 cBw5lFcMk/URuQHEvTMjkA== 0001144204-07-022121.txt : 20070502 0001144204-07-022121.hdr.sgml : 20070502 20070502120041 ACCESSION NUMBER: 0001144204-07-022121 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070502 DATE AS OF CHANGE: 20070502 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FRANK ANTHONY M CENTRAL INDEX KEY: 0000904422 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 320 MEADOWOOD CT CITY: PLEASANT HILL STATE: CA ZIP: 94523 BUSINESS PHONE: 4159746245 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MICRO IMAGING TECHNOLOGY, INC. CENTRAL INDEX KEY: 0000808015 STANDARD INDUSTRIAL CLASSIFICATION: PATENT OWNERS & LESSORS [6794] IRS NUMBER: 330056212 STATE OF INCORPORATION: CA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-40223 FILM NUMBER: 07809224 BUSINESS ADDRESS: STREET 1: 23456 S POINTE DR CITY: LAGUNA HILLS STATE: CA ZIP: 92653-1512 BUSINESS PHONE: 9497709347 MAIL ADDRESS: STREET 1: 23456 S POINTE DR STREET 2: SUITE A CITY: LAGUNA HILLS STATE: CA ZIP: 92653 FORMER COMPANY: FORMER CONFORMED NAME: ELECTROPURE INC DATE OF NAME CHANGE: 19960829 FORMER COMPANY: FORMER CONFORMED NAME: HOH WATER TECHNOLOGY CORP DATE OF NAME CHANGE: 19920703 SC 13D/A 1 v073415_sc13da.htm
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
--------------------------------------

AMENDMENT NO. 25
TO
SCHEDULE 13D
(RULE 13d-101)

UNDER THE SECURITIES EXCHANGE ACT OF 1934

MICRO IMAGING TECHNOLOGY, INC.
(Formerly Electropure, Inc.)
(Name of Issuer)

Common Stock, $0.01 par value per share
(Title of Class of Securities)

59484E 10 0
(CUSIP Number)


Catherine Patterson
Micro Imaging Technology, Inc.
970 Calle Amanecer, Suite F
San Clemente, CA 92673
(949) 485-6006
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

April 23, 2007
(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 which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1 (b) (3) or (4), check the following box o.

(Continued on following pages)

(Page 1 of 8 pages)

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 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).
 
 
13D - AMENDMENT NO. 25
CUSIP No. 59484E 10
 PAGE 2 OF 5 PAGES
 
1
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Anthony M. Frank
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) o
(b) o
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
PF
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
o
6
CITIZENSHIP OR PLACE OR ORGANIZATION
California, USA
NUMBER OF
SHARES
7
SOLE VOTING POWER
16,899,703
BENEFICIALLY
OWNED BY
8
SHARED VOTING POWER
None
EACH
REPORTING
9
SOLE DISPOSITIVE POWER
16,899,703
PERSON
WITH
10
SHARED DISPOSITIVE POWER
None
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
16,899,703 shares of Common Stock
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
58.6% of the Common Stock 53.8% of voting power
14
TYPE OF REPORTING PERSON*
IN - 8,355,938
EP - 80,000

* SEE INSTRUCTIONS BEFORE FILLING OUT! 
 
 
 PAGE 3 OF 5 PAGES
 
This Amendment No. 25 amends, in relevant part as follows, the Schedule 13D, filed February 16, 2007 of Anthony M. Frank (the “Reporting Person”) with respect to the common stock, $0.01 par value per share (“Common Stock”) of Micro Imaging Technology, Inc., a California corporation.

ITEM 1.
SECURITY AND ISSUER

Common Stock, $0.01 par value, of Micro Imaging Technology, Inc., (formerly, Electropure, Inc.), a California corporation (“MIT”). The principal executive office of MIT is located at 970 Calle Amanecer, Suite F, San Clemente, California 92673.

ITEM 2.
IDENTITY AND BACKGROUND

(a)
Anthony M. Frank

(b)
320 Meadowood Court, Pleasant Hill, CA 94523

(c)
Retired - former Postmaster General

(d)
Not applicable
 
(e)
Not applicable

(f)
U.S.A.

ITEM 3.
SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION

The 1,500,000 shares of common stock were acquired by Mr. Frank in exchange for preferred shares. The funds utilized to acquire the original preferred shares in January 2001 were from Mr. Frank’s personal funds.

ITEM 4.
PURPOSE OF THE TRANSACTION

On April 23, 2007, Mr. Frank elected to convert 250,000 shares of MIT Series C preferred stock into 1,000,000 shares of common stock. The conversion was made pursuant to the terms of a January 17, 2001 Stock Purchase Agreement and no additional consideration was paid for the common stock issued.

Also on April 23, 2007, Mr. Frank elected to convert 250,000 shares of MIT Series D preferred stock into 500,000 shares of common stock. The conversion was made pursuant to the terms of a January 17, 2001 Stock Purchase Agreement and no additional consideration was paid for the common stock issued.
 
Mr. Frank may in the future acquire, hold and dispose of shares of Common Stock or warrants or options for such Common Stock or other securities of MIT and such transactions may be in the open market, privately or directly from MIT.
 
 
 PAGE 4 OF 5 PAGES
 
Except as set forth above, Mr. Frank does not have any plans or proposals which may have, which relate to or which would result in:

(a) The acquisition by any person of additional securities of MIT, or the disposition of securities of MIT;

(b) An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving MIT or any of its subsidiaries;

(c) A sale or transfer of a material amount of assets of MIT or any of its subsidiaries;

(d) Any change in the present Board of Directors or management of MIT, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the Board;

(e) Any material change in the present capitalization or dividend policy of MIT;

(f) Any other material change in MIT’s business or corporate structure;

(g) Changes in MIT’s charter, bylaws or instruments, correspondence thereto or other actions which may impede the acquisition or control of MIT by any person;

(h) Causing a class of securities of MIT to be delisted from a national securities exchange or to cease to be quoted in an inter-dealer quotation system of a registered national securities association;

(i) A class of equity securities of MIT becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or

(j) Any action similar to any of those enumerated above.

ITEM 5.
INTEREST IN SECURITIES OF ISSUER

 
(a)
Mr. Frank owns the following shares of MIT:

   
16,899,703 shares of Common Stock with one vote per share1 .
 
   
Mr. Frank owns beneficially 58.3% of the Common Stock (58.6% if all of the warrants described below are exercised) with 53.8% of the voting power of all classes of stock of MIT.

 
(b)
Mr. Frank has the sole voting and dispositive power over the shares he owns.

 
(c)
Since February 16, 2007, Mr. Frank has entered into the following transactions with regard to MIT’s Common Stock:
 
______________________________
1  Includes warrants for 200,000 shares of Common Stock exercisable at $1.00 per share.
 
 
PAGE 5 OF 5 PAGES
 
On April 23, 2007, Mr. Frank converted 250,000 shares of Series C preferred stock for 1,000,000 shares of MIT common stock. Mr. Frank originally paid $1 million for the Series C preferred stock in January 2001.

Also on April 23, 2007, Mr. Frank converted 250,000 shares of Series D preferred stock for 500,000 shares of MIT common stock. Mr. Frank paid $500,000 for the Series D shares in January 2001.

The following Warrants are currently exercisable by Mr. Frank:
     
DATE GRANTED
EXERCISE PRICE
NO. OF SHARES
09/09/03
$1.00
200,000

ITEM 6.
CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO THE SECURITIES OF THE ISSUER

On September 9, 2003, Mr. Frank acquired warrants, through a private placement offering to purchase 200,000 shares of MIT Common Stock at $1.00 per share. Mr. Frank also received the right to purchase 200,000 shares of MIT’s privately-held, Nevada subsidiary, Micro Imaging Technology, at $2.00 per share. All of the warrants expire on September 30, 2007.

Pursuant to an August, 1997 License Termination Agreement between the Company and its former licensee, EDI Components, the Company is obligated to issue shares to the investors of EDI Components upon the Common Stock of the Company first having a per share market value for thirty consecutive trading days equal to or in excess each of $3.00, $4.00 and $5.50 per share (each a “Trigger Value”). Of such shares, if and when issued by the Company, as an investor in EDI Components, Mr. Frank is to receive 16,667, 12,501 and 9,090 shares valued at $3.00, $4.00 and $5.50, respectively.


SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Amendment No. 25 to Schedule 13D is true, complete and correct.

Dated:  April 30, 2007
     
   
 
 		  
 		  
 
   
/s/ ANTHONY M. FRANK
 
 
Anthony M. Frank

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