SC 13G 1 q1101167_bhonig13g-dss.htm Unassociated Document
 
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

SCHEDULE 13G
(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(b) (c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(b)


DOCUMENT SECURITY SYSTEMS, INC.

(Name of Issuer)

COMMON STOCK, PAR VALUE $0.02 PER SHARE

(Title of Class of Securities)

25614T101

(CUSIP Number)

 
July 1, 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:

[   ] Rule 13d-1(b)
[ x] Rule 13d-1(c)
[   ] Rule 13d-1(d)

1
 
 
 

 
 
CUSIP No. 25614T101
 
 
1
 
NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Barry Honig
 
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 
(a) ¨
(b) ¨
 
3
 
SEC USE ONLY
 
 
4
 
CITIZENSHIP OR PLACE OF ORGANIZATION
 
United States
 
 
 
NUMBER OF SHARES
 
5
 
SOLE VOTING POWER
 
502,786
 
BENEFICIALLY
OWNED BY
 
6
 
SHARED VOTING POWER
 
2,100,759(1)
 
EACH
REPORTING
 
7
 
SOLE DISPOSITIVE POWER
 
502,786
 
PERSON WITH
 
8
 
SHARED DISPOSITIVE POWER
 
2,100,759 (1)
 
9
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
2,603,545 (1)
 
10
 
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
11
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
5.74% (1)(2)
 
12
 
TYPE OF REPORTING PERSON*
 
IN
 
(1)
Includes 782,912 shares of common stock held by GRQ Consultants, Inc. 401K Plan (“GRQ 401K Plan”) and 1,317,847 shares of common stock held by GRQ Consultants, Inc. Roth 401K FBO Barry Honig (“GRQ Roth 401K Plan”). Mr. Honig is the trustee of GRQ 401K Plan and GRQ Roth 401K Plan and is deemed to hold voting and dispositive power over shares held by such entities.
 
(2) 
Based on 45,367,875 shares outstanding as of July 1, 2013.
 
 
 
2

 
 
CUSIP No. 25614T101
 
 
1
 
NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
GRQ Consultants, Inc. 401K Plan
 
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 
(a) ¨
(b) ¨
 
3
 
SEC USE ONLY
 
 
4
 
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Florida
 
 
NUMBER OF SHARES
 
5
 
SOLE VOTING POWER
 
0
 
BENEFICIALLY
OWNED BY
 
6
 
SHARED VOTING POWER
 
782,912
 
EACH
REPORTING
 
7
 
SOLE DISPOSITIVE POWER
 
0
 
PERSON WITH
 
8
 
SHARED DISPOSITIVE POWER
 
782,912
 
9
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
782,912
 
10
 
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
11
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
1.73% (1)
 
12
 
TYPE OF REPORTING PERSON*
 
OO
 
(1)           Based on 45,367,875 shares outstanding as of July 1, 2013.
 
 
3

 
 
CUSIP No. 25614T101
 
 
1
 
NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
GRQ Consultants, Inc. Roth 401K FBO Barry Honig
 
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 
(a) ¨
(b) ¨
 
3
 
SEC USE ONLY
 
 
4
 
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Florida
 
 
NUMBER OF SHARES
 
5
 
SOLE VOTING POWER
 
0
 
BENEFICIALLY
OWNED BY
 
6
 
SHARED VOTING POWER
 
1,317,847
 
EACH
REPORTING
 
7
 
SOLE DISPOSITIVE POWER
 
0
 
PERSON WITH
 
8
 
SHARED DISPOSITIVE POWER
 
1,317,847
 
9
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,317,847
 
10
 
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
11
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
2.90% (1)
 
12
 
TYPE OF REPORTING PERSON*
 
OO
 
(1)           Based on 45,367,875 shares outstanding as of July 1, 2013.
 
 
4

 
 
Item1(a).
Name of Issuer:
 
Document Security Systems, Inc.
 
Item1(b).
Address of Issuer's Principal Executive Offices:
 
First Federal Plaza, Suite 1525, 28 East Main Street, Rochester, NY 14614
   
 
Item 2(a).
Name of Person Filing.
 
The statement is filed on behalf of Barry Honig, GRQ Consultants, Inc. 401K Plan (“GRQ 401K Plan”) and GRQ Consultants, Inc. Roth 401K FBO Barry Honig (“GRQ Roth 401K Plan”).
 
Item 2(b).
Address of Principal Business Office or, if None, Residence.
 
555 South Federal Highway #450, Boca Raton, FL 33432
 
Item 2(c).
Citizenship.
 
United States/Florida
 
Item 2(d).
Title of Class of Securities.
 
Common Stock, par value $0.02 per share
 
Item 2(e).
CUSIP Number.
 
25614T101
 
Item 3.
Type of Person
 
Not applicable.
 
Item 4.
Ownership.
 
(a) Amount beneficially owned: 2,603,545 (1).

(b) Percent of class: 5.74% (1)(2).

(c) Number of shares as to which the person has:

(i) Sole power to vote or to direct the vote: 502,786.

(ii) Shared power to vote or to direct the vote: 2,100,759 (1).

(iii) Sole power to dispose or to direct the disposition of: 502,786.

(iv) Shared power to dispose or to direct the disposition of: 2,100,759 (1).
 
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
 

 
(1)
Includes 782,912 shares of common stock held by GRQ 401K Plan and 1,317,847 shares of common stock held by GRQ Roth 401K Plan. Mr. Honig is the trustee of GRQ 401K Plan and GRQ Roth 401K Plan and is deemed to hold voting and dispositive power over shares held by such entities.
 
(2)
Based on 45,367,875 shares outstanding as of July 1, 2013.
 
 
 
5

 
 
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported 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.
Certifications.
 
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.
 
 
 
6

 
 
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: July 2, 2013
By: 
/s/ Barry Honig
 
   
Barry Honig
 
       
   
GRQ Consultants, Inc. 401K Plan
 
Date: July 2, 2013
By: 
/s/ Barry Honig
 
   
Barry Honig
 
       
   
GRQ Consultants, Inc. Roth 401K FBO Barry Honig
 
Date: July 2, 2013
By: 
/s/ Barry Honig
 
   
Barry Honig