- Statement of Changes in Beneficial Ownership (4)

FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0287 Expires: February 28, 2011 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940

1. Name and Address of Reporting Person * WEST COAST OPPORTUNITY FUND LLC	2. Issuer Name and Ticker or Trading Symbol AMERICAN DEFENSE SYSTEMS INC [ EAG ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director                      __ X __ 10% Owner _____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle) 1205 COAST VILLAGE ROAD	3. Date of Earliest Transaction (MM/DD/YYYY) 3/22/2010
(Street) MONTECITO, CA 93108 (City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) ___ Form filed by One Reporting Person _ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	3/22/2011	3/22/2011	J (2) (3)		8047394	D (2) (3)	$0.00   (2) (3)	12994823   (4)	D

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Series A Preferred Stock	$2	3/22/2011		J   (1)			14025	6/8/2008	4/11/2011	Common Stock	7012500	$2	0	D

Explanation of Responses:
( 1)	The reported securities were redeemed with by the issuer pursuant to a Securities Redemption Agreement (the "Redemption Agreement") with Reporting Person and Centaur Value Fund, LP (the "Stockholders") pursuant to which Issuer sold to the Stockholders all of the issued and outstanding membership interests (the "APSG Interests") in American Physical Security Group, LLC. In exchange for its share of the APSG Interests, Reporting Person (i) paid to the issuer $935,000 in cash and (ii) tendered to issuer all of its shares of Series A Preferred Stock, which had an aggregate redemption price of $15,427,500.
( 2)	Refers to 8,047,394 shares held by Anthony Piscitelli, the CEO of Issuer. The Reporting Person did not have the power to dispose or direct the disposition of those shares. As of May 22, 2009, West Coast Opportunity Fund, LLC, along with other Series A Holders of the Issuer entered into a Settlement Agreement, Waiver and Amendment ("Settlement Agreement") with American Defense Systems, Inc., ("ADSI"), pursuant to which ADSI agreed that if certain shares of its preferred stock were not redeemed on or before December 31, 2009, then ADSI would seek approval of its stockholders for certain amendments to its certificate of incorporation to reduce the conversion price of its
( 3)	preferred stock to $0.50 per share and to confer upon the holders of its preferred stock, voting as a separate class, the right to elect 2 members of ADSI's board of directors. In the Irrevocable Proxy and Voting Agreement ("Voting Agreement") with Anthony Piscitelli, Mr. Piscitelli agreed to vote his shares of ADSI voting securities in favor of those proposals. The Reporting Persons shared power with Mr. Piscitelli to vote or direct the vote of 8,047,394 shares held by Mr. Piscitelli, the CEO of Issuer. The Voting Agreement expired by its terms upon the closing of the redemption of all of the issued and outstanding shares of Series A Preferred Stock pursuant to the Redemption Agreeement referred to in footnote 1.
( 4)	West Coast Opportunity Fund, LLC (the "Fund") was issued the following dividends of common stock since the date of the last Form 4 filing: (i) 967,725 shares on April 12, 2010, (ii) 1,360,425 shares on July 14, 2010, (iii) 2,356,200 shares on November 12, 2010, and (iv) 2,216,500 shares on March 17, 2011. These dividends are exempt from Section 16 as they were pro rata distributions of shares to all holders of Series A shares and there was more than one holder. There is no duty to report these dividends.

Remarks: West Coast Asset Management, Inc. (the "Investment Manager") is the investment manager to separately managed accounts, some of which are affiliated with the Reporting Persons (the "Accounts"). The Accounts directly own all of the shares reported herein. Atticus Lowe, Lance Helfert and Paul Orfalea serve on the investment committee of the Investment Manager. Each Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of their pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other purpose.

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
WEST COAST OPPORTUNITY FUND LLC 1205 COAST VILLAGE ROAD MONTECITO, CA 93108		X
WEST COAST ASSET MANAGEMENT INC 1205 COAST VILLAGE ROAD MONTECITO, CA 93108		X
Lowe R Atticus 1205 COAST VILLAGE ROAD MONTECITO, CA 93108		X
Helfert Lance W 1205 COAST VILLAGE ROAD MONTECITO, CA 93108		X
Orfalea Paul J 1205 COAST VILLAGE ROAD MONTECITO, CA 93108		X

Signatures
West Coast Opportunity Fund, LLC, By: West Coast Asset Management, Inc. By: Diana Pereira Chief Financial Officer		3/31/2010
** Signature of Reporting Person		Date
West Coast Asset Management, Inc. By: Diana Pereira, Chief Financial Officer		3/31/2010
** Signature of Reporting Person		Date
Atticus Lowe By: Diana Pereira By Power of Attorney		3/31/2010
** Signature of Reporting Person		Date
Lance Helfert By: Diana Pereira By Power of Attorney		3/31/2010
** Signature of Reporting Person		Date
Paul Orfalea By: Diana Pereira By Power of Attorney		3/31/2010
** 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 4(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).
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