Filing Details
- Accession Number:
- 0001332596-16-000017
- Form Type:
- 13D Filing
- Publication Date:
- 2016-11-02 13:43:34
- Filed By:
- Daly Joseph Patrick
- Company:
- Softech Inc (PINK:SOFT)
- Filing Date:
- 2016-11-02
- SEC Url:
- 13D Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
Joseph P Daly | 31,000 | 0 | 31,000 | 3.43% | ||
EssigPR Inc | 26,500 | 0 | 26,500 | 2.93% |
Filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D/A
UNDER THE SECURITIES EXCHANGE ACT OF 1934
SofTech Incorporated
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(Name of Issuer)
Common Stock, no par value
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(Title of Class of Securities)
834021206
---------------------------------------------
(CUSIP Number)
Joseph P. Daly
497 Circle Freeway
Cincinnati, Ohio 45246
(513) 942-7100
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(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
October 14, 2016
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check
the following box. [ ]
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Section 240.13d-7 for other
parties to whom copies are to be sent.
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. 834021206 13D/A
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1 NAMES OF REPORTING PERSONS
EssigPR Inc.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (See Instructions)
WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Rincon, PR, USA
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NUMBER OF SHARES 7 SOLE VOTING POWER
BENEFICIALLY 26,500
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OWNED BY 8 SHARED VOTING POWER
EACH REPORTING -0-
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PERSON WITH 9 SOLE DISPOSITIVE POWER
26,500
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10 SHARED DISPOSITIVE POWER
-0-
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
26,500
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12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.93%
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14 TYPE OF REPORTING PERSON (See Instructions)
CO
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ITEM 1. SECURITY AND ISSUER.
The class of equity security to which this statement relates is the
common stock (the "Common Stock"), no par value per share ("Share"), of
Softech Incorporated, a Lowell, Massachusetts corporation (the
"Issuer"). The address of the principal executive offices of the Issuer is
59 Lowes Way, Suite 401, Lowell, Massachusetts 01851.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Item 3 is hereby amended to read as follows:
The source of funds used by the Reporting Persons are personal funds of
each such person with respect to the purchases of such person, except
the source of funds used for the purchases by EssigPR, Inc were from
working captial. The Reporting Persons did not borrow any funds to
acquire their respective shares. The following table shows the
APPROXIMATE amounts of funds paid for the Shares by the Reporting
Persons.
Joseph P Daly $75,347
EssigPR, Inc. 67,960
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 is hereby amended to read as follows:
(a) The Reporting Persons hereby report beneficial ownership, in the manner
hereinafter described, of 903,724 shares of the Issuer:
(1) The foregoing percentages assume that the number of Shares of the Issuer
outstanding, as reported in the Issuer's 10-Q filed on October 17, 2016, is
903,724 Shares (as of October 11, 2016).
(2) Shares are held by EssigPR,Inc., a C corporation controlled by
Karina Daly
(b) Joseph P. Daly has sole voting and dispositive power over his shares
enumerated in paragraph (a). EssigPR, Inc. has shared voting and
dispositive power over its shares enumerated in paragraph (a).
(c) Transactions for the 60 days prior to the date of this Schedule 13D :
The transactions were effectuated through private placement
(d) RIGHT TO RECEIVE OR POWER TO DIRECT: Not applicable.
(e) DATE REPORTING PERSON CEASED TO BE 5% OWNER: Not applicable.
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief, we
certify that the information set forth in this statement is true, complete and
correct.
Date: November 02, 2016
/s/ Joseph P Daly
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Print Name: Joseph P Daly
EssigPR, Inc.
By: /s/ Karina Daly
------------------------
Print Name: Karina Daly