| CUSIP No. 37185R109 | Schedule 13G | Page 1 of 6 Pages |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
| Genetic Technologies Limited | ||
| (Name of Issuer) | ||
| Ordinary Shares, no par value | ||
| (Title of Class of Securities) | ||
| 37185R109 | ||
| (CUSIP Number) | ||
| December 31, 2015 | ||
| (Date of Event Which Requires Filing of this Statement) | ||
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
| o | Rule 13d-1(b) | |
| x | Rule 13d-1(c) | |
| o | 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).
40160896v.1
| CUSIP No. 37185R109 | Schedule 13G/A | Page 2 of 6 Pages |
| 1. | Names of Reporting Persons | ||
| Iroquois Capital Management L.L.C. | |||
| 2. | Check
the Appropriate Box if a Member of a Group (See Instructions) (a) o (b) o | ||
| 3. | SEC Use Only | ||
| 4. | Citizenship or Place of Organization | ||
| Delaware | |||
| Number
of Shares Beneficially Owned by Each Reporting Person With |
5. | Sole Voting Power 0 | |
| 6. | Shared Voting Power 0 | ||
| 7. | Sole Dispositive Power 0 | ||
| 8. | Shared Dispositive Power 0 | ||
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person | ||
| 0 | |||
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | ||
| 11. | Percent of Class Represented by Amount in Row 9 | ||
| 0% | |||
| 12. | Type of Reporting Person (See Instructions) | ||
| OO | |||
| CUSIP No. 37185R109 | Schedule 13G/A | Page 3 of 6 Pages |
| 1. | Names of Reporting Persons | ||
| Joshua Silverman | |||
| 2. | Check
the Appropriate Box if a Member of a Group (See Instructions) (a) o (b) o | ||
| 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 0 | |
| 6. | Shared Voting Power 0 | ||
| 7. | Sole Dispositive Power 0 | ||
| 8. | Shared Dispositive Power 0 | ||
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person | ||
| 0 | |||
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | ||
| 11. | Percent of Class Represented by Amount in Row 9 | ||
| 0% | |||
| 12. | Type of Reporting Person (See Instructions) | ||
| IN; HC | |||
| CUSIP No. 37185R109 | Schedule 13G/A | Page 4 of 6 Pages |
| 1. | Names of Reporting Persons | ||
| Richard Abbe | |||
| 2. | Check
the Appropriate Box if a Member of a Group (See Instructions) (a) o (b) o | ||
| 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 0 | |
| 6. | Shared Voting Power 0 | ||
| 7. | Sole Dispositive Power 0 | ||
| 8. | Shared Dispositive Power 0 | ||
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person | ||
| 0 | |||
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | ||
| 11. | Percent of Class Represented by Amount in Row 9 | ||
| 0% | |||
| 12. | Type of Reporting Person (See Instructions) | ||
| IN; HC | |||
| CUSIP No. 37185R109 | Schedule 13G/A | Page 5 of 6 Pages |
This Amendment No. 1 (this “Amendment”) amends the statement on Schedule 13G filed on March 16, 2015 (the “Original Schedule 13G”) with respect to the ordinary shares, no par value (the “Ordinary Shares”) of Genetic Technologies Limited, an Australian corporation (the “Company”). Capitalized terms used herein and not otherwise defined in this Amendment have the meanings set forth in the Original Schedule 13G. This Amendment amends and restates Item 4 in its entirety as set forth below.
| 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.
The information required by Items 4(a) - (c) is set forth in Rows (5)-(11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
As of the close of business on December 31, 2015, each of the Reporting Persons may be deemed to have beneficial ownership of zero Ordinary Shares.
| 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 5 percent of the class of securities, check the following x.
| 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.
| CUSIP No. 37185R109 | Schedule 13G/A | Page 6 of 6 Pages |
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.
Date: February 8, 2016
| IROQUOIS CAPITAL MANAGEMENT L.L.C. | |||
| By: | /s/ Joshua Silverman | ||
| Joshua Silverman, Authorized Signatory | |||
| /s/ Joshua Silverman | |||
| Joshua Silverman | |||
| /s/ Richard Abbe | |||
| Richard Abbe | |||