Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
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- Peter Lynch
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.___________)*
Pharma-Bio Serv, Inc.
-----------------------------------------------------
(Name of Issuer)
Common Stock, $.0001 par value
-------------------------------------------------------------
(Title of Class of Securities)
0001304161
-----------------------------------------------------
(CUSIP Number)
May 8, 2006
----------------------------------------------------
(Date of Event)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[XX] 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 ("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).
Page 1 of 5 pages
CUSIP No. 0001304161 13G Page 2 of 5 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Krovim LLC
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 1,200,000
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 1,200,000
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,200,000
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.22%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
CUSIP No. 0001304161 13G Page 3 of 5 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
LDP Family Partnership, LP
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 1,158,839
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 1,158,839
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,358,839
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.19%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
Page 4 of 5 pages
Item 1.
(a) Name of Issuer:
Pharma-Bio Serv, Inc.
(b) Address of Issuer's Principal Executive Offices:
373 Medez Vigo, Suite 110
Dorado, Puerto Rico 00646
Item 2.
(a) Name of Person Filing:
This statement is filed on behalf of Krovim LLC,
("Krovim") and LDP Family Partnership, LP ("LDP") (the
"Reporting Parties").
(b) Address of Principal Business Office or, if None, Residence:
The Reporting Parties business address is P.O. Box 339,
Lawrence, New York, NY 11559.
(c) Citizen:
Krovim is incorporated in the State of Delaware. LDP is
incorporated in the State of Colorado.
(d) Title of Class of Securities:
Common Stock, $.0001 par value ("shares").
(e) CUSIP#:
0001304161
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), 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
(f) [ ] Employee Benefit Plan, Pension Fund which is subject
to the provisions of the Employee Retirement Income
Security Act of 1974 or Endowment Fund; see Section
240.13d-1(b)(1)(ii)(F)
(g) [ ] Parent Holding Company, in accordance with Section
240.13d-1(b)(1)(ii)(G)
(h) [ ] Group, in accordance with Section 240.13d-
1(b)(1)(ii)(H)
(i) [ ] A church plan that is excluded from definition of an
investment company under section 3(c) (14) of the
Investment Company Act of 1940.
Item 4. Ownership:
(a)(b) As of May 8, 2006, Krovim may be deemed to beneficially own
1,200,000 shares or 6.22% consisting of (i) 240,000 shares owned
directly by Krovim and (ii) warrants to purchase 960,000 shares.
LDP may be deemed to beneficially own 1,158,839 shares or 6.19%
consisting of (i) 772,791 shares owned by LDP and (ii) warrants to
purchase 386,048 shares held by LDP.
(c) Laya Perlysky and Dov Perlysky are husband and wife. Laya Perlysky is
the general partner of LDP Family Partnership, LP and has sole voting
and dispositive control over shares owned by LDP. Dov Perlysky is a
managing member of an LLC, which is the manager of Krovim, and has
sole voting and dispositive control of shares owned by Krovim. See
Exhibit A which is an agreement to file this statement on 13g on
behalf of each of them.
__________________________________________________
(1) Laya and Dov Perlysky each disclaim ownership of the shares beneficially
owned by the other
Page 5 of 5 pages
Item 5. Ownership of Five Percent of class.
Not applicable.
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.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification:
By signing below i certify that to the best of my knowledge
and belief, the securities referred to above were acquired in
the ordinary course of business and were not acquired for the
purpose of and do not have the effect of changing or
influencing the control of the issuer of such securities and
were not acquired in connection with or as participant in any
transaction having such purpose of effect.
SIGNATURE
After reasonable inquiry and to the best knowledge and belief of the
Reporting Person, such person or entity certifies that the information set
forth in this statement is true, complete and correct.
Krovim, LLC
by Nesher, LLC
/s/ Dov Perlysky
Dated: May 8, 2006 By:_________________________________
New York, New York Dov Perlysky
Member
Dated: May 8, 2006 LDP Family Partnership, LP
New York, New York
/s/ Laya Perlysky
By:_________________________________
Laya Perlysky
General Partner