Golden State Equity Investors, Inc. – ‘SC 13G/A’ on 2/12/07 re: American Healthchoice Inc/NY

On:  Monday, 2/12/07, at 9:39pm ET   ·   As of:  2/13/07   ·   Accession #:  1144204-7-6805   ·   File #:  5-45935

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

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13G/A    Amendment to Statement of Beneficial Ownership         5     17K 

Document Table of Contents

SC 13G/A
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 UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

SCHEDULE 13G

 UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1 )

 AMERICAN HEALTHCHOICE, INC.
(Name of Issuer)

COMMON STOCK
(Title of Class of Securities)

 025929209
(CUSIP Number)

 December 31, 2006
 (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)

*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).                                                                         

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CUSIP No.                                                                       
025929209                                                                       
--------------------------------------------------------------------------------

1)    Name of Reporting Person. Golden Gate Investors, Inc.                     
IRS Identification No. of Above Person (entities only) 34-1986525   

--------------------------------------------------------------------------------

2)    Check the Appropriate Box if a Member of a Group              (a) [_]     
 (See Instructions)                                            (b) [_]

--------------------------------------------------------------------------------

3)    SEC Use Only                                                              

--------------------------------------------------------------------------------

4)    Citizenship or Place of Organization. USA                                 

--------------------------------------------------------------------------------

     Number of Shares     5)     Sole Voting Power                  11,153,835
      Beneficially           ---------------------------------------------------
Owned by Each        6)     Shared Voting Power                     
      Reporting              ---------------------------------------------------
     Person With          7)     Sole Dispositive Power             11,153,835
                             ---------------------------------------------------
     8)     Shared Dispositive Power

--------------------------------------------------------------------------------

9)    Aggregate Amount Beneficially Owned by Each Reporting Person   11,153,835 

--------------------------------------------------------------------------------

10    Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See     
Instructions) [X]                                                   

The aggregate amount in Row 9 represents the maximum amount of shares that      
Golden Gate Investors, Inc. can beneficially control under a contractually      
stipulated 9.99% ownership restriction. The full conversion of Golden Gate      
Investors, Inc.'s Convertible Debenture would exceed this restriction.          

--------------------------------------------------------------------------------

11)   Percent of Class Represented by Amount in Item 9.   9.99%                 

--------------------------------------------------------------------------------

12)   Type of Reporting Person (See Instructions) CO                            

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ITEM 1.                                                                         

(A) NAME OF ISSUER American Healthchoice, Inc.                                  

(B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICE                              
2221 Justin Road, Suite 119-154, Flower Mound, Texas 75028                      

ITEM 2.                                                                         

(A) NAME OF PERSON FILING Golden Gate Investors, Inc.                           

(B) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR IF NONE, RESIDENCE                  
7817 Herschel Ave., Suite 200                                                   
La Jolla, CA 92037                                                              

(C) CITIZENSHIP USA                                                             

(D) TITLE OF CLASS OF SECURITIES Common Stock                                   

(E) CUSIP NUMBER 025929209                                                      

ITEM 3.                                                                         

If this statement is filed pursuant to rule 240.13d- 1(b), or 240.13d-2(b) or   
(c), check whether the person filing is a:                                      

(a) ___ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b) ___ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).          

(c) ___ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C.  
78c).                                                                           

(d) ___ Investment company registered under section 8 of the Investment Company 
Act of 1940 (15 U.S.C. 80a-8).                                                  

(e) ___ An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E).        

(f) ___ An employee benefit plan or endowment fund in accordance with           
240.13d-1(b)(1)(ii)(F).                                                         

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(g) ___ A parent holding company or control person in accordance with           
240.13d-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. 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 section 240.13d-1(b)(1)(ii)(J).               

ITEM 4. OWNERSHIP.                                                              

Provide the following information regarding the aggregate number and percentage 
of the class of securities of the issuer identified in Item 1.                  

(a) Amount beneficially owned: 11,153,835                                       

(b) Percent of class: 9.99%                                                     

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

(i) Sole power to vote or to direct the vote: 11,153,835                        

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

(iii) Sole power to dispose or to direct the disposition of: 11,153,835         

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

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 person has ceased to be the beneficial owner of more than five    
percent of the class of securities, check the following [_].                    

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 ON 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                                                                  

SC 13G/A
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ITEM 10. CERTIFICATION.                                                         

By signing below we certify that, to the best of our 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.                   

Dated:                                                              
February 9, 2007                                                    

               By:  /s/ Travis W. Huff
                                     -----------------------------------
                       Name:  Travis W. Huff
                                     Title: Vice President and Portfolio
                           Manager

Dates Referenced Herein   and   Documents Incorporated by Reference

				Referenced-On Page
This ‘SC 13G/A’ Filing		Date		First		Last			Other Filings
Filed as of:		2/13/07							SC 13G,  SC 13G/A
Filed on:		2/12/07
		2/9/07		5
		12/31/06		1
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