CUSIP No.
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37185R109
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Schedule 13G
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Page 1 of 9
Pages
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington,
DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of
1934
(
Amendment
No. __)*
Genetic Technologies Limited
(Name of Issuer)
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Ordinary
Shares, no par value
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(Title of Class of Securities)
37185R109
(CUSIP Number)
December 6, 2016
(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
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Rule 13d-1(b)
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x
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Rule 13d-1(c)
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o
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Rule 13d-1(d)
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*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).
CUSIP No.
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37185R109
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Schedule 13G
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Page 2 of 9
Pages
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1.
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Names of Reporting Persons
Iroquois Capital Management L.L.C.
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2.
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Check the Appropriate Box if a Member of a Group (
See
Instructions)
(a)
o
(b)
o
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3.
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SEC Use Only
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4.
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Citizenship or Place of Organization
Delaware
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Number of
Shares
Beneficially
Owned by Each
Reporting Person
With
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5.
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Sole Voting Power
0
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6.
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Shared Voting Power
180,000,000 Shares
(represented by 1,200,000 American Depositary Shares)
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7.
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Sole Dispositive Power
0
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8.
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Shared Dispositive Power
180,000,000 Shares (represented by 1,200,000 American Depositary Shares)
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9.
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Aggregate Amount Beneficially Owned by Each Reporting Person
180,000,000 Shares (represented
by 1,200,000 American Depositary Shares)
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10.
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Check if the Aggregate Amount in Row (9) Excludes Certain Shares (
See
Instructions)
o
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11.
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Percent of Class Represented by Amount in Row 9
7.4%
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12.
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Type
of
Reporting
Person
(
See
Instructions)
OO
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CUSIP No.
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37185R109
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Schedule 13G
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Page 3 of 9
Pages
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1.
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Names of Reporting Persons
Richard Abbe
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2.
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Check the Appropriate Box if a Member of a Group (
See
Instructions)
(a)
o
(b)
o
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3.
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SEC Use Only
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4.
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Citizenship or Place of Organization
United States of America
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Number of
Shares
Beneficially
Owned by Each
Reporting Person
With
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5.
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Sole Voting Power
60,000,000 Shares
(represented by 400,000 American Depositary Shares)
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6.
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Shared Voting Power
180,000,000 Shares
(represented by 1,200,000 American Depositary Shares)
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7.
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Sole Dispositive Power
60,000,000 Shares
(represented by 400,000 American Depositary Shares)
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8.
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Shared Dispositive Power
180,000,000 Shares
(represented by 1,200,000 American Depositary Shares)
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9.
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Aggregate Amount Beneficially Owned by Each Reporting Person
240,000,000 Shares (represented by 1,600,000 American Depositary
Shares)
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10.
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Check if the Aggregate Amount in Row (9) Excludes Certain Shares (
See
Instructions)
o
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11.
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Percent of Class Represented by Amount in Row 9
9.9%
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12.
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Type of Reporting Person (
See
Instructions)
IN; HC
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CUSIP No.
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37185R109
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Schedule 13G
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Page 4 of 9
Pages
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Item 1.
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(a)
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Name of Issuer:
Genetic Technologies Limited
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(b)
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Address of Issuer’s Principal Executive Offices:
60-66 Hanover Street
Fitzroy, Victoria, 3065, Australia
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Item 2.
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(a)
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Name of Person Filing:
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(b)
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Address of Principal Business Office or, if None, Residence:
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(c)
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Citizenship:
This Schedule 13G is being filed on behalf of (i) Iroquois Capital
Management L.L.C., a Delaware limited liability company (“
Iroquois
”), and (ii) Richard Abbe, an individual
who is a citizen of the United States of America (“
Mr. Abbe
,” together with Iroquois, the “
Reporting
Persons
”).
The Reporting Persons have entered into a Joint Filing Agreement,
a copy of which is filed with this Schedule 13G as
Exhibit 1
, pursuant to which the Reporting Persons have agreed to file
this Schedule 13G jointly in accordance with the provisions of Rule 13d-1(k) of the Securities Exchange Act of 1934, as amended.
The principal business office of all of the Reporting Persons
is 205 East 42nd Street, 20th Floor, New York, NY 10017.
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(d)
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Title of Class of Securities:
Ordinary Shares, no par value
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(e)
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CUSIP Number:
37185R109
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Item 3.
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If this statement is filed pursuant to §§ 240.13d-1(b),
or 240.13d-2(b) or (c), check whether the person filing is a:
Not applicable.
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(a)
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o
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Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
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(b)
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o
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Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
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(c)
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o
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Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
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CUSIP No.
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37185R109
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Schedule 13G
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Page 5 of 9
Pages
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(d)
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o
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Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
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(e)
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o
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An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
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(f)
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o
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An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
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(g)
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o
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A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
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(h)
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o
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A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
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(i)
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o
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A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3);
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(j)
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o
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A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J);
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(k)
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o
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Group, in accordance with § 240.13d-1(b)(1)(ii)(K).
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If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:______________________________________________________________
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Item 4.
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Ownership
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Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
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The information as of the date of the event
which requires filing of this statement required by Items 4(a)-(c) is set forth in Rows 5-11 of the cover page for each
Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
As of the date hereof, Mr. Abbe may be
deemed to be the beneficial owner of 240,000,000 ordinary shares of the issuer, represented by 1,600,000 American Depositary Shares
(“ADSs”), each which represents 150 ordinary shares of the issuer. Of such shares, 180,000,000 ordinary shares, represented
by 1,200,000 ADSs, are held by Iroquois Master Fund Ltd. (“
Iroquois Master Fund
”), and 60,000,000 ordinary shares,
represented by 400,000 ADSs, are held by Iroquois Capital Investment Group LLC (“
ICIG
”). Such ordinary shares
held by Mr. Abbe represent beneficial ownership of approximately 9.9% of the issuer’s ordinary shares, based
on (1) 2,435,282,724 ordinary shares issued and outstanding as reported in the issuer’s Prospectus Supplement filed with
the Securities and Exchange Commission on December 5, 2016.
Mr. Abbe has the authority and
responsibility for the investments made on behalf of the Fund and ICIG. As such, Mr. Abbe may be deemed to be the beneficial owner
of all ordinary shares held by the Fund and ICIG. Iroquois is the investment manager of Iroquois Master Fund.
CUSIP No.
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37185R109
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Schedule 13G
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Page 6 of 9
Pages
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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 5 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
See Exhibit 1.
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 not acquired and are not held for the purpose of or with
the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
CUSIP No.
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37185R109
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Schedule 13G
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Page 7 of 9
Pages
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SIGNATURE
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.
Date: December 14, 2016
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IROQUOIS CAPITAL MANAGEMENT L.L.C.
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By:
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/s/ Richard Abbe
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Richard Abbe, Authorized Signatory
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/s/ Richard Abbe
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Richard Abbe
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CUSIP No.
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37185R109
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Schedule 13G
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Page 8 of 9
Pages
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EXHIBIT INDEX
Exhibit 1
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Joint Filing Agreement as required by Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended.
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CUSIP No.
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37185R109
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Schedule 13G
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Page 9 of 9
Pages
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Exhibit 1
JOINT FILING AGREEMENT PURSUANT TO RULE
13d-1(k)(1)
The undersigned acknowledge and agree that the foregoing statement
on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule
13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing statements.
The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and
accuracy of the information concerning him, her or it contained herein, but shall not be responsible for the completeness and accuracy
of the information concerning the other entities or persons, except to the extent that he, she or it knows or has reason to believe
that such information is inaccurate.
Date: December 14, 2016
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IROQUOIS CAPITAL MANAGEMENT L.L.C.
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By:
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/s/ Richard Abbe
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Richard Abbe, Authorized Signatory
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/s/ Richard Abbe
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Richard Abbe
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