SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
X	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* ROUND RIDGE LLC (Last) (First) (Middle) 1250 FOURTH STREET (Street) SANTA MONICA CA 90401 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol AMERICAN VANTAGE COMPANIES [ AVCS.OB ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner Officer (give title below) X Other (specify below) FORMER 10% OWNER
	3. Date of Earliest Transaction (Month/Day/Year) 06/01/2007
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/01/2007		S(1)(2)		586,385	D	$1.8	0	D(1)(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* ROUND RIDGE LLC (Last) (First) (Middle) 1250 FOURTH STREET (Street) SANTA MONICA CA 90401 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) FORMER 10% OWNER

1. Name and Address of Reporting Person* ENTEC ASSOCIATES (Last) (First) (Middle) 1250 FOURTH STREET (Street) SANTA MONICA CA 90401 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) FORMER 10% OWNER

1. Name and Address of Reporting Person* GOLDSPRINGS PARTNERS (Last) (First) (Middle) 1250 FOURTH STREET (Street) SANTA MONICA CA 90401 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) FORMER 10% OWNER

1. Name and Address of Reporting Person* MULBERRY ASSOCIATES (Last) (First) (Middle) 1250 FOURTH STREET (Street) SANTA MONICA CA 90401 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) FORMER 10% OWNER

1. Name and Address of Reporting Person* KNOWLEDGE INDUSTRIES LLC (Last) (First) (Middle) 1250 FOURTH STREET (Street) SANTA MONICA CA 90401 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) FORMER 10% OWNER

1. Name and Address of Reporting Person* WHITEWELL PARTNERS L.P. (Last) (First) (Middle) 1250 FOURTH STREET (Street) SANTA MONICA CA 90401 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) FORMER 10% OWNER

1. Name and Address of Reporting Person* GREENSTONE FINANCIAL (Last) (First) (Middle) 1250 FOURTH STREET (Street) SANTA MONICA CA 90401 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) FORMER 10% OWNER

1. Name and Address of Reporting Person* LARCH LLC (Last) (First) (Middle) 1250 FOURTH STREET (Street) SANTA MONICA CA 90401 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) FORMER 10% OWNER

1. Name and Address of Reporting Person* MILKEN MICHAEL R (Last) (First) (Middle) 1250 FOURTH STREET (Street) SANTA MONICA CA 90401 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) FORMER 10% OWNER

1. Name and Address of Reporting Person* MILKEN LOWELL J (Last) (First) (Middle) 1250 FOURTH STREET (Street) SANAT MONICA CA 90401 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) FORMER 10% OWNER

Explanation of Responses:

1. On June 1, 2007, Entec Associates, Goldsprings Partners, Mulberry Associates, Knowledge Industries, LLC, Whitewell Partners LP, Greenstone Financial, Larch LLC, ET Holdings, L.L.C., ET Consolidated, L.L.C., Hampstead Associates, L.L.C., Ridgeview Associates, L.L.C., EJ Associates and Michael R. Milken contributed to Round Ridge LLC, a Delaware limited liability company ("Round Ridge"), an aggregate of 586,385 shares and 17,342 warrants to purchase shares directly or indirectly held by them in exchange for a pro rata interest in Round Ridge. Each of such entities disclaims beneficial ownership of the shares beneficially held by Round Ridge, except to the extent of its pecuniary interest therein. Michael R. Milken and Lowell J. Milken are the managers of Round Ridge LLC and in such capacities may be deemed to have the power to direct the voting and disposition of, and to share beneficial ownership of, (continued on footnote 2)

2. any shares of common stock beneficially owned or deemed to be owned by Round Ridge. The Reporting Persons may be deemed to be a group with other entities which are controlled, directly or indirectly, by Michael R. Milken and/or Lowell J. Milken. The Reporting Persons disclaim such group membership. The filing of this statement shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, or otherwise, a Reporting Person is the beneficial owner of equity securities covered by this statement that are beneficially owned, directly or indirectly, by any other person.

	Round Ridge LLC /s/ Stanley E. Maron By: Stanley E. Maron, Secretary	06/04/2007
	Entec Associates /s/ Stanley E. Maron By: Stanley E. Maron, Secretary	06/04/2007
	Mulberry Associates /s/ Stanley E. Maron By: Stanley E. Maron, Secretary	06/04/2007
	Knowledge Industries, LLC /s/ Stanley E. Maron By: Stanley E. Maron, Secretary	06/04/2007
	Whitewell Partners LP /s/ Stanley E. Maron By: Stanley E. Maron, Secretary	06/04/2007
	Greenstone Financial /s/ Stanley E. Maron By: Stanley E. Maron, Secretary	06/04/2007
	Larch LLC /s/ Stanley E. Maron By: Stanley E. Maron, Secretary	06/04/2007
	/s/ Michael R. Milken, an individual	06/04/2007
	/s/ Lowell J. Milken, an individual	06/04/2007
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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