Statement of Ownership (sc 13g)
27 July 2016 - 11:06AM
Edgar (US Regulatory)
United
States
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
SCHEDULE
13G
(Rule
13d-102)
INFORMATION
TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO
RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE
13d-2(b)
(Amendment
No. )*
INTEGRATED
ENVIRONMENTAL TECHNOLOGIES LTD.
(Name
of Issuer)
Common
Stock, par value $0.001 per share
(Title
of Class of Securities)
45821F108
(CUSIP
Number)
July
14, 2016
(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 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, as amended (the “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. 809120108
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13G
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Page
2 of 5 Pages
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1
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NAME OF REPORTING PERSONS
David S. Nagelberg
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
(a) [ ] (b) [ ]
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
23,000,000
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6
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SHARED VOTING POWER
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7
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SOLE DISPOSITIVE POWER
23,000,000
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8
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SHARED DISPOSITIVE POWER
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
23,000,000
(1)
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10
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (see instructions) [ ]
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.7%
(2)
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12
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TYPE OF REPORTING PERSON (see instructions)
IN - Individual
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(1)
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Represents
(i) 11,500,000 shares of common stock underlying a zero coupon convertible secured debenture dated July 14, 2016 and (ii)
11,500,000 shares of common stock underlying a warrant to purchase shares of common stock dated July 14, 2016. These securities
are held by a trust of which the reporting person has voting control.
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(2)
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Based
on 320,571,243 shares outstanding as of July 25, 2016.
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13G
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CUSIP
No.
45821F108
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|
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Page
3 of 5 Pages
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Item
1
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(a).
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Name of Issuer:
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Integrated Environmental
Technologies, Ltd.
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Item 1
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(b).
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Address of Issuer’s
Principal Executive Offices:
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4235 Commerce Street
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Little River, SC 29566
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Item 2
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(a).
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Name of Person
Filing:
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David S. Nagelberg
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939 Coast Blvd.
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La Jolla, CA 92037
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Item
3.
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If
This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2 (b) or (c), Check Whether the Person Filing is a:
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Not
applicable.
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Item
4.
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Ownership.
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(a)
Amount
Beneficially Owned:
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23,000,000
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(b)
Percent
of Class:
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6.7%
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(c)
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Number
of shares as to which such person has:
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(i)
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Sole power to vote
or to direct the vote:
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See the attached responses
to Item 5 on the attached cover pages.
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(ii)
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Shared power to vote
or to direct the vote:
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See the attached responses
to Item 6 on the attached cover pages.
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(iii)
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Sole power to dispose
or to direct the disposition of:
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See the attached responses
to Item 7 on the attached cover pages.
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(iv)
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Shared power to dispose
or to direct the disposition of:
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See the attached responses
to Item 8 on the attached cover pages.
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Item
5.
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Ownership
of Five Percent or Less of a Class.
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Not
applicable.
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Item
6.
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Ownership
of More than Five Percent on Behalf of Another Person.
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Not
applicable.
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Item
7.
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Identification
and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control
Person.
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Not
applicable.
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Item
8.
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Identification
and Classification of Members of the
Group.
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Not
applicable.
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Item
9.
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Notice
of Dissolution of Group.
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Not
applicable.
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13G
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CUSIP
No.
45821F108
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Page
4 of 5 Pages
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Item
10.
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Certification.
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Each
of the Reporting Persons hereby makes the following 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.
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13G
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|
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CUSIP No.
45821F108
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Page
5 of 5 Pages
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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: July 26, 2016
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/s/ David S. Nagelberg
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