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Pinnacle China Fund, L.P., et al. – ‘SC 13G/A’ on 11/20/09 re: China Information Technology, Inc.

On:  Friday, 11/20/09, at 5:12pm ET   ·   Accession #:  1140361-9-27026   ·   File #:  5-82475

Previous ‘SC 13G’:  ‘SC 13G/A’ on 11/20/09   ·   Next:  ‘SC 13G’ on 2/5/10   ·   Latest:  ‘SC 13G/A’ on 2/3/12

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

11/20/09  Pinnacle China Fund, L.P.         SC 13G/A               2:133K China Information Tech, Inc.      Summit Fin’l Printing
          Barry M. Kitt
          The Pinnacle Fund, L.P., A Texas Limited Partnership

Amendment to Statement of Beneficial Ownership   —   Schedule 13G
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13G/A    Pinnacle China Fund L.P. Sc13Ga 11-18-2009          HTML     61K 
 2: EX-1        Underwriting Agreement                              HTML     15K 


SC 13G/A   —   Pinnacle China Fund L.P. Sc13Ga 11-18-2009


This is an HTML Document rendered as filed.  [ Alternative Formats ]





SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549


SCHEDULE 13G
(Rule 13d-102)

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

(Amendment No. 3)*

China Information Security Technology, Inc.
(Name of Issuer)


Common Stock, par value $0.01 per share
(Title of Class of Securities)


  16944F101  
(CUSIP Number)

          November 18, 2009         
(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)

T           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 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).
 


 
 

 
 
 
SCHEDULE 13G
 
CUSIP NO. 16944F101
 
Page 2 of 7

 
1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
 
Pinnacle China Fund, L.P., a Texas limited partnership
20-3358646
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) £
(b) T
           
 
3
SEC USE ONLY
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Texas
 
NUMBER OF
 
SHARES
 
BENEFICIALLY
 
OWNED BY EACH
 
REPORTING
 
PERSON WITH
 
5
SOLE VOTING POWER
 
Common Stock equal to less than 5%
 
6
SHARED VOTING POWER
 
0
 
7
SOLE DISPOSITIVE POWER
 
Common Stock equal to less than 5%
 
8
SHARED DISPOSITIVE POWER
 
0
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
Common Stock equal to less than 5%
 
 
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
£
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
Less than 5%
 
 
12
TYPE OF REPORTING PERSON
 
PN
 

 
 

 
 
 
SCHEDULE 13G
 
CUSIP NO. 16944F101
 
Page 3 of 7
 
 
1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
 
The Pinnacle Fund, L.P., a Texas limited partnership   
75-2512784
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) £
(b) T
            
 
3
SEC USE ONLY
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Texas
 
NUMBER OF
 
SHARES
 
BENEFICIALLY
 
OWNED BY EACH
 
REPORTING
 
PERSON WITH
 
5
SOLE VOTING POWER
 
Common Stock equal to less than 5%
 
6
SHARED VOTING POWER
 
0
 
7
SOLE DISPOSITIVE POWER
 
Common Stock equal to less than 5%
 
8
SHARED DISPOSITIVE POWER
 
0
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
Common Stock equal to less than 5%
 
 
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
£
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
Less than 5%
 
 
12
TYPE OF REPORTING PERSON
 
PN
 

 
 

 
 
 
 
SCHEDULE 13G
 
CUSIP NO. 16944F101
 
Page 4 of 7

 
1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
 
Barry M. Kitt
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) £
(b) T
           
 
3
SEC USE ONLY
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
United States of America
 
NUMBER OF
 
SHARES
 
BENEFICIALLY
 
OWNED BY EACH
 
REPORTING
 
PERSON WITH
 
5
SOLE VOTING POWER
 
Common Stock equal to less than 5%
 
6
SHARED VOTING POWER
 
0
 
7
SOLE DISPOSITIVE POWER
 
Common Stock equal to less than 5%
 
8
SHARED DISPOSITIVE POWER
 
0
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
Common Stock equal to less than 5%
 
 
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
£
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
Less than 5%
 
 
12
TYPE OF REPORTING PERSON
 
IN
 
 

 
 
SCHEDULE 13G
 
CUSIP NO. 16944F101
 
Page 5 of 7

 
Item 1(a).
Name of Issuer:

China Information Security Technology, Inc. (the "Issuer")

Item 1(b).
Address of Issuer's Principal Executive Offices:

21st Floor, Everbright Bank Building,
Zhuzilin, Futian District,
Shenzhen, Guangdong, 518040
People’s Republic of China

Items 2(a),
(b) and (c).
Name of Persons Filing, Address of Principal Business Office and Citizenship:

This Amendment No. 3 to Schedule 13G is being filed on behalf of Pinnacle China Fund, L.P. (“Pinnacle China”), The Pinnacle Fund, L.P. (“Pinnacle”) and Barry M. Kitt, as joint filers (collectively, the "Reporting Persons").

The Reporting Persons have entered into a Joint Filing Agreement, a copy of which is filed with this Amendment No. 3 to Schedule 13G as Exhibit 1, pursuant to which the Reporting Persons have agreed to file this Amendment No. 3 to Schedule 13G jointly in accordance with the provisions of Rule 13d-1(k) of the Securities Exchange Act of 1934, as amended.

The principal business office of the Reporting Persons is 4965 Preston Park Blvd., Suite 240, Plano, TX 75093.  For citizenship, see Item 4 of each cover page.

Item 2(d).
Title of Class of Securities:

Common Stock, par value $0.01 per share (the "Common Stock")

Item 2(e).
CUSIP Number:

16944F101

Item 3.
Not applicable

Item 4.
Ownership.

 
(a)
Amount beneficially owned:  Common Stock equal to less than 5%

 
(b)
Percent of class:  Less than 5%
 
 

 
 
SCHEDULE 13G
 
CUSIP NO. 16944F101
 
Page 6 of 7


 
 
(c)
Number of shares to which such person has:

 
(i)
Sole power to vote or direct the vote:  Common Stock equal to less than 5%

 
(ii)
Shared power to vote or direct the vote:  0

 
(iii)
Sole power to dispose or to direct the disposition of:  Common Stock equal to less than 5%

 
(iv)
Shared power to dispose of or direct the disposition of: 0

Item 5.
Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following ž.

Item 6.
Ownership of More than Five Percent on Behalf of Another Person.

Not applicable

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 a Group.

Not applicable

Item 10.
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 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.

 
 

 
 
 
SCHEDULE 13G
 
CUSIP NO. 16944F101
 
Page 7 of 7

 
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:


 
PINNACLE CHINA FUND, L.P.
     
 
By: Pinnacle China Advisers, L.P., its general partner
     
 
By: Pinnacle China Management, LLC, its general partner
     
 
By: Kitt China Management, LLC, its manager
     
           
 
By:
  /s/ Barry M. Kitt      
 
Barry M. Kitt, its manager
     
           
           
 
THE PINNACLE FUND, L.P.
     
 
By: Pinnacle Advisers, L.P., its general partner
     
 
By: Pinnacle Fund Management, LLC, its general partner
     
           
 
By:
  /s/ Barry M. Kitt      
 
Barry M. Kitt, its sole member
     
           
           
 
  /s/ Barry M. Kitt      
 
Barry M. Kitt
     
 
 

 

 

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘SC 13G/A’ Filing    Date    Other Filings
Filed on:11/20/09SC 13G/A
11/18/0910-K/A,  S-3/A
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