UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549

SCHEDULE 13G
(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2
 
HAWK SYSTEMS, INC.

(Name of Issuer)
 
COMMON STOCK, PAR VALUE $0.01 PER SHARE

 (Title of Class of Securities)
 
42013J105

 (CUSIP Number)
 
December 18, 2009

 (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(b)
x
Rule 13d-1(c)
o
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 (the “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. 42013J105
SCHEDULE 13G
Page 2 of 6 Pages
 
1.        
NAMES OF REPORTING PERSONS:

Greystone Business Credit II, L.L.C.
Greystone Real Estate Holdings Corp.
Greystone & Co. Holdings L.L.C.
Stephen Rosenberg 2004 Descendants' Trust
   
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
 
(a) o
(b) o
3.
SEC USE ONLY
   
4.
CITIZENSHIP OR PLACE OF ORGANIZATION

Stephen Rosenberg 2004 Descendants' Trust:  Alaska
All other reporting persons:  Delaware
   
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5.        
SOLE VOTING POWER
 
4,000,000
   
6.
SHARED VOTING POWER
 
0
   
7.
SOLE DISPOSITIVE POWER
 
4,000,000
   
8.
SHARED DISPOSITIVE POWER
 
0
   
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
4,000,000
   
10.
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES C ERTAIN SHARES (SEE INSTRUCTIONS)
 
o
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
12.8% of 31,299,316 outstanding shares of common stock, par value $0.01 per share, as of November 24, 2009.
   
12.
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
Greystone Business Credit II, L.L.C.:  CO
All other reporting persons:  HC
   
             
 

 
CUSIP No. 42013J105
SCHEDULE 13G
Page 3 of 6 Pages
 
Item 1(a).
Name of Issuer:
 
Hawk Systems, Inc.
 
Item 1(b).
Address of Issuer’s Principal Executive Offices:
 
150 East Palmetto Park Road, Suite 110
Boca Raton, Florida 33432
 
Item 2(a).
Name of Person Filing:
 
Greystone Business Credit II, L.L.C.
Greystone Real Estate Holdings Corp.
Greystone & Co. Holdings L.L.C.
Stephen Rosenberg 2004 Descendants' Trust
 
Item 2(b).
Address or Principal Business Office, or, if None, Residence:
 
 
Greystone Business Credit II, L.L.C.:
 
152 West 57th Street, 11th Floor
 
New York, NY 10019
 
 
All other reporting persons:
 
152 West 57th Street, 60th Floor
 
New York, NY 10019
 
Item 2(c).
Citizenship:
 
Stephen Rosenberg 2004 Descendants' Trust:  Alaska
All other reporting persons:  Delaware
 
Item 2(d).
Title of Class of Securities:
 
Common stock, par value $0.01 per share
 
Item 2(e).
CUSIP No.:
 
42013J105
 
Item 3.
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:
 
N/A
 

 
CUSIP No. 42013J105
SCHEDULE 13G
Page 4 of 6 Pages
 
Item 4.
Ownership.
 
 
(a)
Amount Beneficially Owned
4,000,000
 
(b) 
Percent of Class
12.8%
 
(c)
Number of shares as to which such person has:
 
   
(i)
sole power to vote or to direct the vote
4,000,000
   
(ii)
shared power to vote or to direct the vote
0
   
(iii)
sole power to dispose or to direct disposition of
4,000,000
   
(iv) 
shared power to dispose or to direct disposition of
0
 
Item 5.
Ownership of Five Percent or Less of a Class.
 
N/A
 
Item 6.
Ownership of More than Five Percent on Behalf of Another Person.
 
N/A
 
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
 
Greystone Business Credit II, L.L.C. acquired the securities covered by this statement.  Greystone Real Estate Holdings Corp. and Greystone & Co. Holdings L.L.C. are the only members of Greystone Business Credit II, L.L.C.  The Stephen Rosenberg 2004 Descendants' Trust is the sole shareholder of Greystone Real Estate Holdings Corp. and the sole member of Greystone & Co. Holdings L.L.C.
 
Each of Greystone Real Estate Holdings Corp., Greystone & Co. Holdings L.L.C. and the Stephen Rosenberg 2004 Descendants' Trust disclaims beneficial ownership of the securities covered by this statement, and this statement shall not be construed as an admission that any of such persons is a beneficial owner of the securities covered by this statement, either for purposes of section 13 of the Act or otherwise.
 
Item 8.
Identification and Classification of Members of the Group.
 
N/A
 
Item 9.
Notice of Dissolution of Group.
 
N/A
 

 
CUSIP No. 42013J105
SCHEDULE 13G
Page 5 of 6 Pages
 
Item 10.
Certifications.
 
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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. 42013J105
SCHEDULE 13G
Page 6 of 6 Pages

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.
 
 
 
GREYSTONE BUSINESS CREDIT II, L.L.C.
       
March 11, 2010
By:
/s/ Allison W. Berman
(Date)
 
Name: 
Allison W. Berman
   
Title:
Vice President
       
       
 
GREYSTONE REAL ESTATE HOLDINGS CORP.
       
March 11, 2010
By:
/s/ Stephen Rosenberg
(Date)
 
Name:
Stephen Rosenberg
   
Title:
President
       
       
 
GREYSTONE & CO. HOLDINGS L.L.C.
       
March 11, 2010
By:
/s/ Stephen Rosenberg
(Date)
 
Name:
Stephen Rosenberg
   
Title:
President
       
       
 
STEPHEN ROSENBERG 2004 DESCENDANTS' TRUST
       
March 11, 2010
By:
/s/ Curtis A. Pollock
(Date)
 
Name:
Curtis A. Pollock
   
Title:
Investment Trustee
       
       
March 11, 2010
And by:
/s/ Robert R. Barolak
(Date)
 
Name:
Robert R. Barolak
   
Title:
Investment Trustee
       
       
March 11, 2010
And by: 
/s/ Mordecai Rosenberg
(Date)
 
Name:
Mordecai Rosenberg
   
Title:
Investment Trustee
 
 
Hawk Systems (CE) (USOTC:HWSY)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Hawk Systems (CE) Charts.
Hawk Systems (CE) (USOTC:HWSY)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Hawk Systems (CE) Charts.