CUSIP No. 46589F108

 

 

CUSIP No. 46589F108

 

 

CUSIP No. 46589F108

 

Item 1.

(a)           Name of Issuer:

Ivivi Technologies, Inc.

(b)           Address of Issuer’s Principal Executive Offices:

135 Chestnut Ridge Rd

Montvale, New Jersey 07645

Item 2.

(a)           Name of Person Filing:

Jack Silver

Sherleigh Associates Inc. Profit Sharing Plan

(b)           Address of Principal Business Office or, if none, Residence:

80 Columbus Circle PH76A

New York, NY 10023

(c)           Citizenship:

United States

(d)           Title of Class of Securities:

Common Stock

(e)           CUSIP Number:

46589F108

Item 3.    If this statement is filed pursuant to §§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

(b)   ¨   Bank as defined in section 3(a)(6) of the Act

(c)   ¨   Insurance Company as defined in section 3(a)(19) of the Act

(d)   ¨   Investment Company registered under section 8 of the Investment Company Act

(e)    ¨   Investment Adviser registered under section 203 of the Investment Advisers Act of 1940

 

CUSIP No. 46589F108

 

(f)    ¨    Employee Benefit Plan or endowment Fund in accordance with Rule 13d-1(b)(1)(ii)(F);

(g)   ¨    Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G);

(h)   ¨    A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;

   Investment Company Act of 1940;

 

(j)    ¨    Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

Item 4.  Ownership.

(a) – (c)

As of December 31, 2009, Jack Silver beneficially owned 516,868 shares of Common Stock of Ivivi Technologies, Inc. representing 4.4% of the outstanding Common Stock based on 11,241,033 shares of Common Stock outstanding as reported in the issuer’s Quarterly Report on Form 10-Q for the period ended September 30, 2009 .  Such shares of Common Stock beneficially owned by Mr. Silver include 516,868 shares of Common Stock issuable upon exercise of warrants held by Sherleigh Associates Inc. Profit Sharing Plan, a trust of which Mr. Silver is the trustee.

Mr. Silver has the sole voting and dispositive power with respect to all 516,868 shares of Common Stock beneficially owned by him.

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 þ .

 

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 or Control Person.

 

Not applicable.

Item 8.  Identification and Classification of Members of the Group.

Not applicable.

Item 9.  Notice of Dissolution of Group.

Not applicable.

 

CUSIP No. 46589F108
  

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 such purposes or effect.

 

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.