0001157523-13-005555.txt : 20131119 0001157523-13-005555.hdr.sgml : 20131119 20131119163933 ACCESSION NUMBER: 0001157523-13-005555 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20131119 DATE AS OF CHANGE: 20131119 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ON TRACK INNOVATIONS LTD CENTRAL INDEX KEY: 0001021604 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-78575 FILM NUMBER: 131230413 BUSINESS ADDRESS: STREET 1: P O BOX 32 STREET 2: ZHR INDUSTRIAL ZONE CITY: ROSH PINAISRAEL STATE: L3 BUSINESS PHONE: 2126616500 MAIL ADDRESS: STREET 1: ZHR INDUSTRIAL ZONE STREET 2: PO BOX 32 CITY: ROSH PINA IARAEL STATE: L3 ZIP: 00000 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: C. Silk & Sons, Inc. CENTRAL INDEX KEY: 0001532567 IRS NUMBER: 043449601 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 24 HEARTHSTONE DRIVE CITY: MEDFIELD STATE: MA ZIP: 02052 BUSINESS PHONE: 508-242-9479 MAIL ADDRESS: STREET 1: 24 HEARTHSTONE DRIVE CITY: MEDFIELD STATE: MA ZIP: 02052 SC 13G 1 a50754066.htm C. SILK & SONS, INC. SC 13G a50754066.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

 
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. __________)
 
 
ON TRACK INNOVATIONS LTD.
(Name of Issuer)

 
Ordinary Shares, par value NIS 0.10 per share
(Title of class of Securities)
 
 
M8791A109
(CUSIP Number)
 
 
November 14, 2013
(Date of Event which Requires Filing of this Statement)
 

 
Check the appropriate box to designate the rule pursuant to  which this Schedule is filed:

[X]  Rule 13d-1(b)

[   ]  Rule 13d-1(c)

[   ]  Rule 13d-1(d)
 
 
 
 
 
 
1.
Names of Reporting Persons: C. Silk & Sons, Inc., d/b/a Silk Investment Advisors
 
IRS Identification No.: 04-3449601
                                  
 
2.
Check the Appropriate Box if a Member of a Group
 
 
(a)
[   ]
 
 
(b)
[   ]
 
 
3.
SEC Use Only:
 
 
4.
Citizenship or Place of Organization:  Massachusetts
 
Number of Shares Beneficially Owned by Each Reporting Person with:
 
 
5.
Sole Voting Power:  3,549,415
 
 
6.
Shared Voting Power:  0
 
 
7.
Sole Dispositive Power:  3,549,415
 
 
8.
Shared Dispositive Power:  0
 
 
9.
Aggregate Amount Beneficially Owned by Each Reporting Person:  3,549,415
 
 
10.
Check if the Aggregate Amount in Row (11) Excludes Certain Shares:    [   ]
 
 
11.
Percent of Class Represented by Amount in Row (11):  11.2%
 
 
12.
Type of Reporting Person:  IA
 
Item 1.
 
(a)  Name of Issuer:  ON TRACK INNOVATIONS LTD.
 
(b)  Address of Issuer’s Principal Executive  Offices:  P. O. BOX 32, ZHR INDUSTRIAL ZONE, ROSH PINA, ISRAEL L3
 
 
 
 
 
Item 2.
 
 
(a)
Name of Person Filing:  C. Silk & Sons, Inc., d/b/a Silk Investment Advisors
 
 
(b)
Address of Principal Business Office:  24 Hearthstone Drive, Medfield, MA 02052
 
 
(c)
Citizenship:  Incorporated under the laws of the Commonwealth of Massachusetts

 
(d)
Title of Class of Securities:  Ordinary Shares, par value NIS 0.01 per share

 
(e)
CUSIP Number:  M8791A109

Item 3.  If this statement is filed pursuant to Sections 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing  is a:
 
(e)  [x]  An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E).
 
Item 4.  Ownership.
 
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
 
 
(a)
Amount beneficially owned:  3,549,415 shares
 
 
(b)
Percent of class:  11.2%
 
 
(c)
Number of shares as to which  the person has:
 
 
(i)
Sole power to vote or to direct the vote:  3,549.415
 
 
(ii)
Shared power to vote or to direct the vote:  0
 
 
(iii)
Sole power to dispose or to direct the disposition of:  3,549,415
 
 
(iv)
Shared power to dispose or to direct the disposition of:  0
 
 
 
 
 
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:  [  ].
 
Item 6.  Ownership of More than Five Percent on Behalf of Another Person.
 
The investment advisery clients of Reporting Person have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities.
 
Item 7.  Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent 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
 
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 that purpose 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.
 
 
 
Date:  November 19, 2013
   
   
 
C. Silk & Sons, Inc., d/b/a Silk Investment Advisors
 
By /s/ Marc B. Silk
 
Marc B. Silk, its Presiden