FORM 4
[ ] 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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Shapiro Gary L 		2. Issuer Name and Ticker or Trading Symbol

Bulova Technologies Group, Inc. [ BTGI ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

2R JUDITH'S FANCY 		3. Date of Earliest Transaction (MM/DD/YYYY)

3/4/2015
(Street)

CHRISTIANSTED, VI 00824
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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
Warrant   $0.02   3/4/2015     P      3000000       3/4/2015   3/3/2025   Common Stock   3000000   (1) $0   23147570   (2) D    
Warrant   $0.02   3/4/2015     P      3000000       3/4/2015   3/3/2025   Common Stock   3000000   (1) $0   23147570   (2) D    

Explanation of Responses:
( 1)  Represents warrants to acquire 3,000,000 shares of the Issuer's common stock issued to each of the Reporting Person and his wife, Colleen Stacy Shapiro, held in Roth IRA'S.
( 2)  This amount includes other warrants of the Issuer's previously issued at varying times, exercise prices and expiration date as reported on Form 5 filed on December 12, 2014.

Remarks:
The filing of this Report shall not be an admission that the Reporting Person is the beneficial owner of any other securities of the Issuer for Section 16 or any other purposes. The above amounts exclude conversion privileges for outstanding notes of the Issuer held by the Reporting Persons because they are not convertible for 181 days from February 6, 2015. See Issuer's Form 8-K, dated April 17, 2015.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Shapiro Gary L
2R JUDITH'S FANCY
CHRISTIANSTED, VI 00824
X


Signatures
/s/ Gary L. Shapiro 3/5/2015
** Signature of Reporting Person Date


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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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