-----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, F3HXKN1W8aRa+vcc2r5j/eYHAH22ZuJbg28e9cmW4w8sm3/uhROPs/6UJCODNAwV pW4JaVoCmq/iJI4v9VrELw== 0001116502-07-000298.txt : 20070213 0001116502-07-000298.hdr.sgml : 20070213 20070213163034 ACCESSION NUMBER: 0001116502-07-000298 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070213 DATE AS OF CHANGE: 20070213 GROUP MEMBERS: DENNIS MCGUIRE GROUP MEMBERS: JACQUELINE MCGUIRE FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MCGUIRE DENNIS E CENTRAL INDEX KEY: 0001158309 FILING VALUES: FORM TYPE: SC 13G MAIL ADDRESS: STREET 1: 3515 SE LIONEL TERRACE CITY: STUART STATE: FL ZIP: 34996 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ECOSPHERE TECHNOLOGIES INC CENTRAL INDEX KEY: 0001071760 STANDARD INDUSTRIAL CLASSIFICATION: CONSTRUCTION, MINING & MATERIALS HANDLING MACHINERY & EQUIP [3530] IRS NUMBER: 650841549 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-81568 FILM NUMBER: 07610642 BUSINESS ADDRESS: STREET 1: 3515 S E LIONEL TERRACE CITY: STUART STATE: FL ZIP: 34996 BUSINESS PHONE: 5612874846 MAIL ADDRESS: STREET 1: 3515 S E LIONEL TERRACE CITY: STUART STATE: FL ZIP: 34996 FORMER COMPANY: FORMER CONFORMED NAME: ULTRASTRIP SYSTEMS INC DATE OF NAME CHANGE: 19990311 SC 13G 1 mcguiresc13g.htm SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


SCHEDULE 13G


Under the Securities Exchange Act of 1934

(Amendment No. )*


Ecosphere Technologies, Inc.

(Name of Issuer)


Common Stock

(Title of Class of Securities)


27922X105

(CUSIP Number)



December 31, 2006

(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).






CUSIP No.  27922X105

13G

Page 2 of 6 Pages




1

 

 

 

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

Dennis McGuire

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

(a)

 

 

 

(b)

X

 

 

 

3

 

 

SEC USE ONLY


4

 

 

CITIZENSHIP OR PLACE OF ORGANIZATION

United States of America

 

                              

NUMBER OF

5

SOLE VOTING POWER

7,250,000

SHARES

BENEFICIALLY

OWNED BY

6

SHARED VOTING POWER

5,050,000

EACH

REPORTING

PERSON

7

SOLE DISPOSITIVE POWER

7,250,000

WITH

 

 

8

SHARED DISPOSITIVE POWER

5,050,000

9

 

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

12,300,000, which includes: (i) 7,250,000 options held individually, (ii) 2,000,000 warrants held jointly with Jacqueline McGuire and (iii) 3,050,000 shares of common stock held jointly with Jacqueline McGuire

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

 

 

 

 

 

 

11

 

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

18.9%

12

 

 

TYPE OF REPORTING PERSON*

IN - Individual








CUSIP No.  27922X105

13G

Page 3 of 6 Pages




1

 

 

 

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

Jacqueline McGuire

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

(a)

 

 

 

(b)

X

 

 

 

3

 

 

SEC USE ONLY


4

 

 

CITIZENSHIP OR PLACE OF ORGANIZATION

United States of America

 

                              

NUMBER OF

5

SOLE VOTING POWER

552,500

SHARES

BENEFICIALLY

OWNED BY

6

SHARED VOTING POWER

5,050,000

EACH

REPORTING

PERSON

7

SOLE DISPOSITIVE POWER

552,500

WITH

 

 

8

SHARED DISPOSITIVE POWER

5,050,000

9

 

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

5,602,500, which includes (i) 462,500 options held individually, (ii) 2,000,000 options and warrants held jointly with Dennis McGuire, (iii) 90,000 shares of  common stock held individually and (iv) 3,050,000 shares of common stock held jointly with Dennis McGuire

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

 

 

 

 

 

 

11

 

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

9.6%

12

 

 

TYPE OF REPORTING PERSON*

IN - Individual






CUSIP No.  27922X105

13G

Page 4 of 6 Pages



Item 1.


(a)

Name of Issuer: Ecosphere Technologies, Inc.

(b)

Address of Issuer’s Principal Executive Offices: 3515 S.E. Lionel Terrace, Stuart, FL 34997


Item 2.


(a)

Name of Person Filing: 1) Dennis McGuire   2) Jacqueline McGuire


Attached as Exhibit 1 is a copy of an agreement between the persons filings (as specified above) that this Schedule 13G is being filed on behalf of each of them.


(b)

Address of Principal Business Office or, if none, Residence: 3515 S.E. Lionel Terrace, Stuart, FL 34997

(c)

Citizenship: United States of America

(d)

Title of Class of Securities: Common Stock

(e)

CUSIP Number: 27922X105


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:  Not applicable


Item 4.

Ownership.


See Item 5 through 9 and 11 of cover page(s) as to each reporting person. The amount beneficially owned includes, where appropriate, securities not outstanding which are subject to options, warrants, rights or conversion privileges that are exercisable within 60 days of December 31, 2006. This Schedule 13D does not reflect transfers subsequent to December 31, 2006, which are reflected on www.sec.gov..


Item 5.

Ownership of Five Percent or Less of a Class.


Not applicable.


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.






CUSIP No.  27922X105

13G

Page 5 of 6 Pages



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 13, 2007

 

 

 

Date

 

 

 

 

 

 

 

/s/ Dennis McGuire

 

 

 

Signature

 

 

 

 

 

 

 

Dennis McGuire

 

 

 

Name



 

 

 

 

 

 

 

 

 

 

February 13, 2007

 

 

 

Date

 

 

 

 

 

 

 

/s/ Jacqueline McGuire

 

 

 

Signature

 

 

 

 

 

 

 

Jacqueline McGuire

 

 

 

Name







CUSIP No.  27922X105

13G

Page 6 of 6 Pages



EXHIBIT 1

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, each of the undersigned hereby agrees to the joint filing with the other reporting person of a statement on Schedule 13G (including amendments thereto) with respect to the Common Stock of Ecosphere Technologies, Inc. and that this Agreement be included as an Exhibit to such joint filing.


This Agreement may be executed in any number of counterparts all of which taken together shall constitute one and the same instrument.


IN WITNESS WHEREOF, the undersigned hereby execute this Agreement this 13th day of February, 2007.



/s/ Dennis McGuire        

Dennis McGuire



/s/ Jacqueline McGuire        

Jacqueline McGuire






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