-----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, TVLWC7vPk+aNHxc7Iu4CD3FFkUUHunBXjr8W9GFiYUcTmlnCrqO8W6nSxbBIC/xr qeFQs2slW5MxvvYQPlFlEw== 0001144204-08-009286.txt : 20080214 0001144204-08-009286.hdr.sgml : 20080214 20080214143604 ACCESSION NUMBER: 0001144204-08-009286 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080214 DATE AS OF CHANGE: 20080214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PATRON SYSTEMS INC CENTRAL INDEX KEY: 0001075043 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 880346441 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-78547 FILM NUMBER: 08613578 BUSINESS ADDRESS: STREET 1: 5775 FLATIRON PARKWAY STREET 2: SUITE 230 CITY: BOULDER STATE: CO ZIP: 80301 BUSINESS PHONE: (303) 541-1055 MAIL ADDRESS: STREET 1: 5775 FLATIRON PARKWAY STREET 2: SUITE 230 CITY: BOULDER STATE: CO ZIP: 80301 FORMER COMPANY: FORMER CONFORMED NAME: PATRON HOLDINGS INC DATE OF NAME CHANGE: 20030116 FORMER COMPANY: FORMER CONFORMED NAME: COMBINED PROFESSIONAL SERVICES INC DATE OF NAME CHANGE: 19990304 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SILVER JACK CENTRAL INDEX KEY: 0000922714 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: BUSINESS PHONE: 2125428201 MAIL ADDRESS: STREET 1: 660 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10021 SC 13G/A 1 v103830_13g.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 
Washington, D. C. 20549
 
SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
 
(Amendment No 1)*
 
PATRON SYSTEMS, INC.
(Name of Issuer)
 
Common Stock
(Title of Class of Securities)
 
70337V207
(CUSIP Number)
 
December 31, 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:

 
o Rule 13d-1(b)
 
x Rule 13d-1(c)
 
o 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.
 


CUSIP No.70337V207
 
 
 
 
 
1
NAME OF REPORTING PERSON
 
JACK SILVER
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  o
 
 
 
(b) x
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
      
         UNITED STATES
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 
 
 
 
5

 
6
 
 
7
 
 
8
 
SOLE VOTING POWER
642,378

SHARED VOTING POWER
0

SOLE DISPOSITIVE POWER
642,378

SHARED DISPOSITIVE POWER
0

9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
642,378
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.4%
12
TYPE OF REPORTING PERSON
IN
 
 

 
CUSIP No. 70337V207
 
 
 
 
 
1
NAME OF REPORTING PERSON
 
SHERLEIGH ASSOCIATES INC. PROFIT SHARING PLAN
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  o
   
(b) x
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 
 
 
 
5

 
6
 
 
7
 
 
8
 
SOLE VOTING POWER
642,378
SHARED VOTING POWER
0
SOLE DISPOSITIVE POWER
642,378 
SHARED DISPOSITIVE POWER
0

9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
642,378
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.4%
12
TYPE OF REPORTING PERSON
EP
 

 
CUSIP No. 70337V207
 
Item 1.
 
(a) Name of Issuer:

Patron System, Inc.

(b) Address of Issuer’s Principal Executive Offices:

5775 Flatiron Parkway
Suite 230
Boulder, CO 80301  
 
Item 2.

(a) Name of Person Filing:

Jack Silver
Sherleigh Associates Inc. Profit Sharing Plan

(b) Address of Principal Business Office or, if none, Residence:

   SIAR Capital LLC
660 Madison Avenue
New York, NY 10021

(c) Citizenship:

United States

(d) Title of Class of Securities:

Common Stock

(e) CUSIP Number:

70337V207 
 
Item 3.  If this statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:

(a) o Broker or Dealer registered under Section 15 of the Act
 
(b) o Bank as defined in section 3(a)(6) of the Act
 
(c) o Insurance Company as defined in section 3(a)(19) of the Act
 
(d) o Investment Company registered under section 8 of the Investment Company Act
 

 
CUSIP No. 70337V207
 
(e) o Investment Adviser registered under section 203 of the Investment Advisers Act of 1940

(f)  o Employee Benefit Plan or endowment Fund in accordance with Rule 13d-1(b)(1)(ii)(F);
 
(g) o Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G);

(h) o A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;
 
(i)  o
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;
 
(j)  o Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

Item 4. Ownership.
 
(a) – (c)

As of the date hereof, Jack Silver beneficially owns 642,378 shares of Common Stock of Patron Systems, Inc. representing 4.4% of the outstanding Common Stock based on 14,512,260 shares of Common Stock outstanding as reported in the issuer’s Quarterly Report on Form 10-QSB for the period ended March 31, 2007. Such shares of Common Stock beneficially owned by Mr. Silver include (i) 625,711 shares of Common Stock held by Sherleigh Assoicates Inc. Profit Sharing Plan, a trust of which Mr. Silver is the trustee and (ii) 16,667 shares of Common Stock issuable upon exercise of warrants held by Sherleigh Assoicates Inc. Profit Sharing Plan.

Mr. Silver has the sole voting and dispositive power with respect to all 642,378 shares of Common Stock beneficially owned by him.

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 x.
 
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 or Control Person.
 
Not applicable.


 
CUSIP No. 70337V207
 
Item 8. Identification and Classification of Members of the Group. 
 
Not applicable.

Item 9. Notice of Dissolution of Group.

Not applicable.

Item 10. Certification.
 
By signing below I certify that, to the best of my 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 such purposes or effect.
 
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 14, 2008
 
 
Date
 
   
 
 
/s/ Jack Silver
 
 
Signature
 
   
 
 
Jack Silver
 
 
Name/Title
     
     
   
Sherleigh Associates Inc. Profit Sharing Plan
 
   
By:
/s/ Jack Silver
   
Name: Jack Silver
   
Title: Trustee
 

-----END PRIVACY-ENHANCED MESSAGE-----