Sec Form 4/A Filing - GRAFE V GERALD @ NOVINT TECHNOLOGIES INC - 2008-06-02

Insider filing report for Changes in Beneficial Ownership
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FORM 4/A
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
GRAFE V GERALD
2. Issuer Name and Ticker or Trading Symbol
NOVINT TECHNOLOGIES INC [ NVNT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
901 RIO GRANDE BOULEVARD NW, BUILDING H, SUITE 262
3. Date of Earliest Transaction (MM/DD/YY)
06/02/2008
(Street)
ALBUQUERQUE, NM87104
4. If Amendment, Date Original Filed (MM/DD/YY)
04/04/2007
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock ( 1 ) 01/12/2007 P 250,200 A 141,169 D
Common Stock 06/02/2008 P 17,647 A 247,453 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
GRAFE V GERALD
901 RIO GRANDE BOULEVARD NW
BUILDING H, SUITE 262
ALBUQUERQUE, NM87104
X
Signatures
V. Gerald Grafe 06/05/2008
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This transaction was previoulsy reported on Form 4 dated April 4, 2007. The Form inadvertendly reported the transaction as a disposition instead of an acquistion. The amount of securities benenefiically owned following the reported transaction (141,169) was, however, reported correctly.
( 2 )The Reporting Person received units consisting of 25,000 shares of common stock and warrants to purchase 25,000 shares of common at an exercise price of $1.50 per share in exchange for $25,000 in legal services provided to the Company.
( 3 )The reporting person received 17,647 shares of common stock for services rendered as a Director of the Company valued at $15,000.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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