-----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, AY1RtPxdSuL4ZlfWvwph3aHtNrlDEu3GeJSh9YnWM7i0emOXufb8LPXTLrsBZWGf IsATFNIiNcGziJuaeGdNtA== 0001144204-08-005739.txt : 20080201 0001144204-08-005739.hdr.sgml : 20080201 20080201162458 ACCESSION NUMBER: 0001144204-08-005739 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080201 DATE AS OF CHANGE: 20080201 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ENVIRONMENTAL TECTONICS CORP CENTRAL INDEX KEY: 0000033113 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690] IRS NUMBER: 231714256 STATE OF INCORPORATION: PA FISCAL YEAR END: 0225 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-18312 FILM NUMBER: 08568893 BUSINESS ADDRESS: STREET 1: COUNTY LINE INDUSTRIAL PARK CITY: SOUTHAMPTON STATE: PA ZIP: 18966 BUSINESS PHONE: 2153559100 MAIL ADDRESS: STREET 1: COUNTYLINE INDUSTRIAL PARK CITY: SOUTHAMPTON STATE: PA ZIP: 18966 FORMER COMPANY: FORMER CONFORMED NAME: ENVIRONMENTAL TECHNOLOGY CORP DATE OF NAME CHANGE: 19730208 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: EMERALD ADVISERS INC/PA CENTRAL INDEX KEY: 0001015083 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 1857 WILLIAM PENN WAY STREET 2: SUITE 203 CITY: LANCASTER STATE: PA ZIP: 17601 BUSINESS PHONE: 7173961116 SC 13G/A 1 v101772_sc13ga.htm Unassociated Document

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


SCHEDULE 13G


Under the Securities Exchange Act of 1934
(Amendment No. 10*)

Environmental Tectonics Corporation
(Name of Issuer)

Common Stock, Par Value $0.05
(Title of Class of Securities)

294092101
(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:

[ X ] Rule 13d-1(b)

[    ] Rule 13d-1(c)

[    ] 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 disclosures provided in a prior cover page.

The information required on 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).
 
 
 

 
 

SCHEDULE 13G
     
CUSIP No. 294092101
 
Page 2 of 4 Pages

1
 
NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Emerald Advisers, Inc.
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
 
(a) _______
(b) _______
3
 
SEC USE ONLY
4
 
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Pennsylvania
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
193,833 shares
6
SHARED VOTING POWER
 
0 shares
7
SOLE DISPOSITIVE POWER
 
592,926 shares
8
SHARED DISPOSITIVE POWER
 
0 shares
9
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
725,998 shares
10
 
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
11
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
6.57%
12
 
TYPE OF REPORTING PERSON (See Instructions)
 
IA
 
 
2

 
 
Schedule 13G
Page 3 of 4

 
Item 1.

(a)
The name of the issuer is Environmental Tectonics Corporation.

(b)
The address of the issuer’s principal executive office is County Line Industrial Park, Southampton, PA 18966.

Item 2.

(a)
The name of the person filing is Emerald Advisers, Inc.

(b)
The address of the principal office of the person filing is 1703 Oregon Pike, Suite 101, Lancaster, Pennsylvania 17601.

(c)
The state of organization is Pennsylvania.

(d)
The title of class of security is common stock, par value $0.05 per share.

(e)
The CUSIP number is 294092101.

Item 3.

The person filing is an Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940.

Item 4.

(a)
The amount beneficially owned is 725,998 shares of common stock.

(b)
The percent of class is 6.57% based on 9,026,958 shares of common stock outstanding as of November 24, 2006 as reported on form 10Q file November 24, 2006.

(c)(i)
The number of shares as to which Emerald Advisers, Inc. has sole voting power is 193,833.

(c)(ii)
The number of shares as to which Emerald Advisers, Inc. has shared voting power is 0.

c)(iii)
The number of shares as to which Emerald Advisers, Inc. has sole dispositive power is 592,926.

(c)(iv)
The number of shares as to which Emerald Advisers, Inc. has shared dispositive power is 0.

Item 5.

This statement is NOT 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.
 
 
3

 
 
Schedule 13G
Page 4 of 4


Item 6.

Other persons have the right to receive and/or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities.

Item 7.

Not applicable.

Item 8.

Not applicable.

Item 9.

Not applicable.

Item 10.

By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired 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.


January 16, 2008
Date

/s/ Kenneth G. Mertz II
Signature

Kenneth G. Mertz II / President
Name/Title
 
 
4

 
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