SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Spencer Lloyd

(Last) (First) (Middle)
4074 148TH STREET

(Street)
REDMON WA 98052

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
01/28/2008
3. Issuer Name and Ticker or Trading Symbol
Innova Robotics & Automation, Inc. [ INRA ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO, Treasurer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 4,407,375 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Common Class Options 05/16/2007 05/16/2016 Common Stock 666,666 0.01 D
Common Class Options 05/16/2008 05/16/2016 Common Stock 666,666 0.01 D
Common Class Option 05/16/2009 05/16/2016 Common Stock 666,667 0.01 D
Warrants (1) (1) Common Stock (1) 0.06 D
Series C Convertible Preferred 10/18/2007 (3) Common Stock (2) (2) D
Explanation of Responses:
1. Warrants are determined by number of shares received upon conversion of Series C Preferred. The expiration date is 5 years from the conversion date of Series C Preferred. Exercisable date is determined by date of Series C Preferred conversion.
2. The Series C Convertible Preferred is convertible into restricted common stock at the lower of 85% of the average closing price during 20 trading days preceding the conversion or $.04.
3. No expiration date.
Spencer Lloyd 03/28/2008
** 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 5 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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