-----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, T5oUsRI1e7Jo9D+yUJygBSxUHMtHACTrpMQfdb+nUnkgKgtlLX2fbzEFUSTiaEVy JCwupp5joMh7DwTL08uw0Q== 0000950136-06-000838.txt : 20060209 0000950136-06-000838.hdr.sgml : 20060209 20060209151447 ACCESSION NUMBER: 0000950136-06-000838 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060209 DATE AS OF CHANGE: 20060209 GROUP MEMBERS: CARL MARKS IB LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: INTERNATIONAL BARRIER TECHNOLOGY INC/ CENTRAL INDEX KEY: 0000890543 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS CHEMICAL PRODUCTS [2890] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-80012 FILM NUMBER: 06592724 BUSINESS ADDRESS: STREET 1: 900 W HASTINGS ST STE 900 CITY: VANCOUVER BC CANADA STATE: A1 MAIL ADDRESS: STREET 1: 750 PENDER ST CITY: VANCOUVER STATE: A1 ZIP: V6C 2T7 FORMER COMPANY: FORMER CONFORMED NAME: BARRIER TECHNOLOGY INC DATE OF NAME CHANGE: 19940309 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Carl Marks & Co. Inc. CENTRAL INDEX KEY: 0001289682 IRS NUMBER: 133146265 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 900 THIRD AVENUE STREET 2: 33RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-909-8400 MAIL ADDRESS: STREET 1: 900 THIRD AVENUE STREET 2: 33RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 SC 13G/A 1 file001.htm FORM SC 13G/A
.99



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


                                 SCHEDULE 13G/A


                    Under the Securities Exchange Act of 1934
                               (Amendment No. 2)*

                      INTERNATIONAL BARRIER TECHNOLOGY INC.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                                  Common Shares
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                    458968104
            ---------------------------------------------------------
                                 (CUSIP Number)

                                December 31, 2005
            ---------------------------------------------------------
             (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-(b)

       [X]       Rule 13d-(c)

       [ ]       Rule 13d-(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. 458968104                               Page 2 of 16 Pages
- --------------------------                        -----------------------------

                                 SCHEDULE 13G/A

- --------------------------------------------------------------------------------
1         NAME OF REPORTING PERSON
          S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

                               CARL MARKS & CO. INC.

- --------------------------------------------------------------------------------
2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*              (a) [ ]
                                                                         (b) [X]


- --------------------------------------------------------------------------------
3         SEC USE ONLY


- --------------------------------------------------------------------------------
4         CITIZENSHIP OR PLACE OF ORGANIZATION

                                             New York
- --------------------------------------------------------------------------------
                     5      SOLE VOTING POWER
   NUMBER OF                                           1,489,471 shares
    SHARES        --------------------------------------------------------------
 BENEFICIALLY        6      SHARED VOTING POWER
     OWNED                                             4,340,000 shares
    BY EACH       --------------------------------------------------------------
  REPORTING          7      SOLE DISPOSITIVE POWER
    PERSON                                             1,489,471 shares
     WITH         --------------------------------------------------------------
                     8      SHARED DISPOSITIVE POWER
                                                       4,340,000 shares
- --------------------------------------------------------------------------------
9         AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                                                                1,489,471 shares
- --------------------------------------------------------------------------------
10        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
          [X]

- --------------------------------------------------------------------------------
11        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

                                                                    4.80%
- --------------------------------------------------------------------------------
12        TYPE OF REPORTING PERSON*

                                                                     CO
- --------------------------------------------------------------------------------



                      *SEE INSTRUCTION BEFORE FILLING OUT!




                               Page 2 of 16 pages




- --------------------------                        -----------------------------
CUSIP No. 458968104                               Page 3 of 16 Pages
- --------------------------                        -----------------------------

                                 SCHEDULE 13G/A


- --------------------------------------------------------------------------------
1         NAME OF REPORTING PERSON
          S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

                                     CARL MARKS IB LLC

- --------------------------------------------------------------------------------
2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*              (a) [ ]
                                                                         (b) [X]

- --------------------------------------------------------------------------------
3         SEC USE ONLY


- --------------------------------------------------------------------------------
4         CITIZENSHIP OR PLACE OF ORGANIZATION

                                       Delaware
- --------------------------------------------------------------------------------

                     5      SOLE VOTING POWER
  NUMBER OF                                            4,340,000 shares
   SHARES         --------------------------------------------------------------
BENEFICIALLY         6      SHARED VOTING POWER
    OWNED                                              1,489,471 shares
   BY EACH        --------------------------------------------------------------
  REPORTING          7      SOLE DISPOSITIVE POWER
   PERSON                                              4,340,000 shares
    WITH          --------------------------------------------------------------
                     8      SHARED DISPOSITIVE POWER
                                                       1,489,471 shares
- --------------------------------------------------------------------------------
9         AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                                              4,340,000 shares
- --------------------------------------------------------------------------------
10        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
          [X]

- --------------------------------------------------------------------------------
11        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

                                                    14.00%
- --------------------------------------------------------------------------------
12        TYPE OF REPORTING PERSON*
                                                     00
- --------------------------------------------------------------------------------



                               Page 3 of 16 pages





- --------------------------                        -----------------------------
CUSIP No. 458968104                               Page 4 of 16 Pages
- --------------------------                        -----------------------------

                                 SCHEDULE 13G/A

- --------------------------------------------------------------------------------
1         NAME OF REPORTING PERSON
          S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

                                     MARTIN LIZT

- --------------------------------------------------------------------------------
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
- --------------------------------------------------------------------------------
                     5      SOLE VOTING POWER
  NUMBER OF                                            171,824 shares
   SHARES         --------------------------------------------------------------
BENEFICIALLY         6      SHARED VOTING POWER
    OWNED                                                    0 shares
   BY EACH        --------------------------------------------------------------
  REPORTING          7      SOLE DISPOSITIVE POWER
   PERSON                                              171,824 shares
    WITH          --------------------------------------------------------------
                     8      SHARED DISPOSITIVE POWER
                                                             0 shares
- --------------------------------------------------------------------------------
9         AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                                     171,824 shares
- --------------------------------------------------------------------------------
10        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
          [X]

- --------------------------------------------------------------------------------
11        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

                                         .55%
- --------------------------------------------------------------------------------
12        TYPE OF REPORTING PERSON*

                                         IN
- --------------------------------------------------------------------------------


                               Page 4 of 16 pages







- --------------------------                        -----------------------------
CUSIP No. 458968104                               Page 5 of 16 Pages
- --------------------------                        -----------------------------

                                 SCHEDULE 13G/A


PRELIMINARY NOTE

THIS COMBINED STATEMENT IS BEING FILED ON BEHALF OF CARL MARKS & CO. INC., CARL
MARKS IB LLC AND MARTIN LIZT. EACH OF PERSONS STATES THAT IT OR HE, AS THE CASE
MAY BE, IS INCLUDED IN THIS SCHEDULE 13G SOLELY FOR THE PURPOSE OF PRESENTING
INFORMATION WITH RESPECT TO ITS OR HIS OWNERSHIP OF THE COMMON SHARES AND
DISCLAIMS ANY KNOWLEDGE, EXCEPT AS EXPRESSLY SET FORTH HEREIN, AS TO ANY
STATEMENT MADE HEREIN ON BEHALF OF ANY OTHER REPORTING PERSON. EACH OF CARL
MARKS & CO. INC. AND CARL MARKS IB LLC DISCLAIMS ANY BENEFICIAL OWNERSHIP OF
COMMON SHARES OWNED BY MARTIN LIZT; AND MARTIN LIZT DISCLAIMS ANY BENEFICIAL
OWNERSHIP OF COMMON SHARES OWNED BY CARL MARKS & CO. INC. AND CARL MARKS IB LLC.
CARL MARKS & CO. INC., CARL MARKS IB LLC AND MARTIN LIZT HAVE FILED THIS
SCHEDULE 13G AS REPORTING PERSONS IN THE EVENT THEY ARE COLLECTIVELY DEEMED TO
BE A "GROUP" WITHIN THE MEANING OF SECTION 13(G)(3) OF THE SECURITIES EXCHANGE
ACT OF 1934, AS AMENDED.

ITEM 1.

          (a)   Name of Issuer:

                           International Barrier Technology Inc.

          (b)   Address of Issuer's Principal Executive Offices:


                           750 West Pender Street
                           Suite 604
                           Vancouver, British Columbia Canada  V6C 2T7

ITEM 2.

          (a)   Name of Persons Filing:

                           Carl Marks IB LLC, Carl Marks & Co. Inc. and Martin
                           Lizt.

          (b)   Address of Principal Business Office or, if none, Residence:


                The principal business office of each of Carl Marks & Co. Inc.
                and Carl Marks IB LLC is:

                           900 Third Avenue
                           33rd Floor
                           New York, NY 10022

                The home address of Martin Lizt is:

                           8 Hidden Green Lane
                           Larchmont, NY 10538



                               Page 5 of 16 pages





- --------------------------                        -----------------------------
CUSIP No. 458968104                               Page 6 of 16 Pages
- --------------------------                        -----------------------------

                                 SCHEDULE 13G/A


          (c)   Citizenship:

                           Carl Marks & Co. Inc:     New York
                           Carl Marks IB LLC:        Delaware
                           Martin Lizt:              United States of America

          (d)   Title of Class of Securities:

                           Common Shares, without par value

          (e)   CUSIP Number:

                                  458968104



ITEM 3.   IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B) OR 13D-2(B), OR
          (C), CHECK WHETHER THE PERSON FILING IS A:

                                 NOT APPLICABLE

          (a)   [ ]    Broker or Dealer registered under Section 15 of the Act;

          (b)   [ ]    Bank as defined in section 3(a)(6) of the Act;

          (c)   [ ]    Insurance Company as defined in section 3(a)(19) of the
                       Act;

          (d)   [ ]    An Investment Company registered under section 8 of the
                       Investment Company Act;

          (e)   [ ]    An Investment Adviser in accordance with Rule
                       13d-1(b)(1)(ii)(E);

          (f)   [ ]    An Employee Benefit Plan or endowment fund in accordance
                       with Rule 13d-1(b)(1)(ii)(F);

          (g)   [ ]    A Parent Holding Company or control person in accordance
                       with Rule 13d-1(b)(1)(ii)(G);

          (h)   [ ]    A savings association as defined in Section 3(b) of the
                       Federal Deposit Insurance Act (12 U.S.C. ss. 1813);

          (i)   [ ]    A church plan that is excluded from the definition of an
                       investment company under Section 3(c)(14) of the
                       Investment Company Act of 1940 (15 U.S.C. 80a-3);

          (j)   [ ]    Group, in accordance with Rule 13d-1(b)(1)(ii)(J).



ITEM 4.   OWNERSHIP


a.        Amount beneficially owned:     6,001,295

          (i)   Carl Marks & Co. Inc.    1,489,471


                               Page 6 of 16 pages






- --------------------------                        -----------------------------
CUSIP No. 458968104                               Page 7 of 16 Pages
- --------------------------                        -----------------------------

                                 SCHEDULE 13G/A



          (ii)  Carl Marks IB LLC        4,340,000

          (iii) Martin Lizt              171,824

b.        Percent of class: 19.35%

c.        Number of shares:

          (i)   Sole power to vote or direct vote:

                Carl Marks & Co. Inc.    1,489,471

                Carl Marks IB LLC        4,340,000

                Martin Lizt              171,824

          (ii)  Shared Power to vote or direct vote:

                Carl Marks & Co. Inc.    4,340,000

                Carl Marks IB LLC        1,489,471

                Martin Lizt              0

          (iii) Sole power to dispose or to direct disposition of:

                Same response as (c)(i) above.

          (iv)  Shared power to dispose or direct the disposition of:

                Same response as (c)(ii) above.



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



                               Page 7 of 16 pages





- --------------------------                        -----------------------------
CUSIP No. 458968104                               Page 8 of 16 Pages
- --------------------------                        -----------------------------

                                 SCHEDULE 13G/A


Item 7.   Identification and Classification of the Subsidiary Which
          Acquired the Security Being Reported on By the Parent Holding
          Company or Control Person.

                                         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.


                          See attached certifications.










                               Page 8 of 16 pages






- --------------------------                        -----------------------------
CUSIP No. 458968104                               Page 9 of 16 Pages
- --------------------------                        -----------------------------

                                 SCHEDULE 13G/A


                                  CERTIFICATION
                                  -------------

          By signing below the undersigned certifies that, to the best of its
knowledge and belief, the securities referred to above were not acquired and are
not being 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.

Dated:  February 7, 2006                 CARL MARKS & CO. INC.


                                         By:   /s/ David Shnitkin
                                               ---------------------------------
                                               Name:  David Shnitkin
                                               Title: Controller



















                               Page 9 of 16 pages






- --------------------------                        -----------------------------
CUSIP No. 458968104                               Page 10 of 16 Pages
- --------------------------                        -----------------------------

                                 SCHEDULE 13G/A


                                  CERTIFICATION
                                  -------------

          By signing below the undersigned certifies that, to the best of its
knowledge and belief, the securities referred to above were not acquired and are
not being 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.


Dated:  February 7, 2006                 CARL MARKS IB LLC

                                         By:    Carl Marks & Co. L.P.
                                                Its Manager

                                         By:    Carl Marks & Co. LLC
                                                Its General Partner

                                         By:    /s/ Robert A. Speer
                                                --------------------------------
                                                Name:  Robert A. Speer
                                                Title: Secretary




                              Page 10 of 16 pages






- --------------------------                        -----------------------------
CUSIP No. 458968104                               Page 11 of 16 Pages
- --------------------------                        -----------------------------

                                 SCHEDULE 13G/A


                                  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 being
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.


Dated:  February 7, 2006                 By:  /s/ Martin Lizt
                                              ----------------------------------
                                              Martin Lizt

















                              Page 11 of 16 pages






- --------------------------                        -----------------------------
CUSIP No. 458968104                               Page 12 of 16 Pages
- --------------------------                        -----------------------------

                                 SCHEDULE 13G/A


EXHIBITS

A.     Joint Filing Statement

       See Exhibit A on page 16.





















                              Page 12 of 16 pages






- --------------------------                        -----------------------------
CUSIP No. 458968104                               Page 13 of 16 Pages
- --------------------------                        -----------------------------

                                 SCHEDULE 13G/A


                                    SIGNATURE

          After reasonable inquiry and to the best of its knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete and correct.



Dated:  February 7, 2006                 CARL MARKS & CO. INC.


                                         By:    /s/ David Shnitkin
                                                --------------------------------
                                                Name:  David Shnitkin
                                                Title: Controller















                              Page 13 of 16 pages






- --------------------------                        -----------------------------
CUSIP No. 458968104                               Page 14 of 16 Pages
- --------------------------                        -----------------------------

                                 SCHEDULE 13G/A


                                    SIGNATURE

          After reasonable inquiry and to the best of its knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete and correct.


Dated:  February 7, 2006                 CARL MARKS IB LLC

                                         By:   Carl Marks & Co. L.P.
                                               Its Manager

                                         By:   Carl Marks & Co. LLC
                                               Its General Partner

                                         By:   /s/ Robert A. Speer
                                               --------------------------------
                                               Name:  Robert A. Speer
                                               Title: Secretary














                               Page 14 of 16 pages






- --------------------------                        -----------------------------
CUSIP No. 458968104                               Page 15 of 16 Pages
- --------------------------                        -----------------------------

                                 SCHEDULE 13G/A


                                    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.





Dated:  February 7, 2006                 By:   /s/ Martin Lizt
                                               ---------------------------------
                                               Martin Lizt

















                              Page 15 of 16 pages







- --------------------------                        -----------------------------
CUSIP No. 458968104                               Page 16 of 16 Pages
- --------------------------                        -----------------------------

                                 SCHEDULE 13G/A


                       EXHIBIT A - JOINT FILING STATEMENT

          Pursuant to Rule 13d-1(k)(1), we, the undersigned, hereby express our
agreement that the Schedule 13G for International Barrier Group Inc. is filed on
behalf of each of us. This agreement may be signed in any number of
counterparts, each of which shall be an original, with the same effect as if the
signatures thereto and hereto were upon the same instrument.

Dated:  February 7, 2006                 CARL MARKS & CO. INC.


                                         By:    /s/ David Shnitkin
                                                ------------------------------
                                                Name:  David Shnitkin
                                                Title: Controller


                                         CARL MARKS IB LLC

                                         By:   Carl Marks & Co. L.P.
                                               Its Manager

                                         By:   Carl Marks & Co. LLC
                                               Its General Partner

                                         By:   /s/ Robert A. Speer
                                               ------------------------------
                                               Name:  Robert A. Speer
                                               Title: Secretary

                                               /s/ Martin Lizt
                                         ---------------------------------------
                                               Martin Lizt












                              Page 16 of 16 pages
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