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
What is insider trading>>
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
____________________
SCHEDULE
13G
(Rule
13d-102)
Under
the Securities Exchange Act of 1934
INFORMATION
TO BE INCLUDED IN STATEMENTS PURSUANT TO RULES
13d-1(b),
(c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE
13d-2(b)
(Amendment
No. ____)*
DYADIC
INTERNATIONAL, INC.
(Name
of
Issuer)
Common
Stock, $0.001 par value
(Title
of
Class of Securities)
26745T101
(CUSIP
Number)
December
31, 2005
(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(c)
x
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).
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1
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NAME
OF REPORTING PERSONS
I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Francisco
Trust U/A/D February 28, 1996
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|||
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2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A
GROUP*
160; (a) o
0;
(b) o
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3
|
SEC
USE ONLY
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4
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
United
States of America
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NUMBER
OF
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5
|
SOLE
VOTING POWER
|
4,644,578
(1)
|
|
|
SHARES
BENEFICIALLY
|
6
|
SHARED
VOTING POWER
|
-0-
|
|
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OWNED
BY
EACH
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7
|
SOLE
DISPOSITIVE POWER
|
4,644,578
(1)
|
|
|
REPORTING
PERSON
WITH
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8
|
SHARED
DISPOSITIVE POWER
|
-0-
|
|
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9
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
(1)
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|||
|
10
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN
SHARES* o
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|||
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11
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
19.5%(1)
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12
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TYPE
OF REPORTING PERSON*
OO
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|||
(1)
See
Item 4 herein.
2
Item
1(a). Name
of Issuer.
Dyadic
International, Inc.
Item
1(b). Address
of Issuer’s Principal Executive Offices.
140
Intracoastal Pointe Drive
Suite
404
Jupiter,
Florida 33477
Item
2(a). Name
of Person Filing.
Francisco
Trust U/A/D February 28, 1996
Item
2(b). Address
of Principal Business Office or, if None, Residence.
Robert
S.
Levin, Esq.
180
N.
LaSalle
Suite
3200
Chicago,
IL 60601
Item
2(c). Citizenship.
United
States of America
Item
2(d). Title
of Class of Securities.
Common
Stock, $0.001 par value
Item
2(e). CUSIP
Number.
26745T101
Item
3. If
this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c),
identify
the status of the person filing.
Not
applicable
Item
4. Ownership.
(a)
Amount beneficially owned: 4,644,578
(1)
(b)
Percent of class: 19.5%
(c)
Number of shares as to which such person has:
(i)
Sole power to vote or direct the vote: 4,644,578
(1)
(ii)
Shared power to vote or direct the vote: -0-
3
(iii)
Sole power to dispose or direct the disposition of: 4,644,578
(1)
(iv)
Shared power to dispose or direct the disposition of: -0-
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(1)
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Includes
222,537 shares issuable upon the exercise of a convertible note
presently
exercisable.
|
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. o
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
Item
10. Certification.
Not
applicable
4
SIGNATURES
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.
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February
8, 2006
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Francisco
Trust U/A/D February 28, 1996
By: /s/
Robert S. Levin
Robert
S. Levin, as Trustee
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5