SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
NOVINT TECHNOLOGIES, INC.
(Name of Issuer)
Common
Stock, par value $0.0001 per share
(Title
of Class of Securities)
670085103
(CUSIP
Number)
Ellis
International L.P.
100 Merrick Road, Suiter 400W
Rockville Centre, NY 11570
(516) 887-6000 (Tel)
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
February
12, 2020
(Date
of Event Which Requires Filing of This Statement)
If
the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule
13D, and is filing this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the following box. ☐
*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 disclosures provided in a prior
cover page.
The
information required on 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.
(1) Names
of reporting persons
Ellis
International L.P.
|
(2) Check
the appropriate box if a member of a group (see instructions)
(a) ☐
(b) ☐
|
(3) SEC
use only
|
(4) Source
of funds (see instructions)
WC
|
(5) Check
if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) ☐
|
(6) Citizenship
or place of organization
Delaware
|
Number
of shares beneficially owned by each reporting person with:
|
(7) Sole
Voting Power – 8,875,328
|
(8) Shared
Voting Power - 0
|
(9) Sole
Dispositive Power - 8,875,328
|
(10) Shared
Dispositive Power - 0
|
(11) Aggregate
Amount Beneficially Owned by Each Reporting Person - 8,875,328
|
(12) Check
if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ☐
|
|
(13) Percent
of Class Represented by Amount in Row (11)
4.3%
|
(14) Type
of Reporting Person (See Instructions)
OO
|
|
ITEM 1.
|
Security
and Issuer
|
This
Schedule 13D relates to the common stock, par value $0.0001 per share (the “Common Stock”) of Novint Technologies,
Inc., a Delaware corporation (the “Company”). The address of the Company’s principal executive office is: 100
Merrick Road, Suite 400W, Rockville Center, NY 11570.
|
ITEM 2.
|
Identity
and Background
|
Ellis International L.P.
(a) This
Statement is filed by Ellis International L.P., a Delaware limited partnership (the “Reporting Person”) by virtue
of its direct and indirect beneficial ownership of Shares.
(b)
The address of Ellis International L.P.’s principal office is 100 Merrick Road, Suite 400W, Rockville Centre, New York
11570.
(c)
The principal business of Ellis International L.P. is Finance – Investments
(d)
Ellis International L.P. has not been convicted in a criminal proceeding in the past five years.
(e)
During the past five years, Ellis International L.P. has not been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction as a result of which it was or is subject to a judgment, decree or final order
enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws of
finding any violation with respect to such laws.
Martin Chopp
(a) This Statement is filed by Ellis
International L.P., a Delaware limited partnership (the “Reporting Person”). Martin Chopp is the manager of Ellis International
L.P., who may or may not have a direct and indirect beneficial ownership of Shares.
(b) The business address of Martin
Chopp is 100 Merrick Road, Suite 400W, Rockville Centre, New York 11570.
(c) Martin Chopp’s principal
occupation is making investments.
(d) Martin Chopp has not been convicted
in a criminal proceeding in the past five years.
(e) During the past five years,
Martin Chopp has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result
of which it was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating
activities subject to, federal or state securities laws of finding any violation with respect to such laws.
(f)
Martin Chopp is a citizen of the United States.
|
ITEM 3.
|
Source
of Amount of Funds or Other Compensation
|
The
funds used in making the purchase were drawn from Ellis International L.P.’s working capital.
|
ITEM 4.
|
Purpose
of Transaction
|
The
Reporting Person purchased convertible notes from the Issuer which were converted into common stock as follows: 3,573,245 shares
in 2011 and 5,302,083 shares in 2017 (collectively, the “Shares”). Depending upon overall market conditions, other
investment opportunities available to the Reporting Person, and the availability of shares at prices that would make the purchase
or sale of shares desirable, the Reporting Person may endeavor to increase or decrease their position in the Issuer through, among
other things, the purchase or sale of shares on the open market or in private transactions or otherwise, on such terms and at
such times as the Reporting Person may deem advisable.
The
Reporting Person has no present plan or proposal which would relate to or result in any of the matters set forth in subparagraphs
(a) - (j) of Item 4 of Schedule 13D except as set forth herein or such as would occur upon or in connection with completion of,
or following, any of the actions discussed herein. The Reporting Person intends to review its investment in the Issuer on a continuing
basis. Depending on various factors including, without limitation, the Issuer’s financial position and investment strategy,
the price levels of the shares, conditions in the securities markets and general economic and industry conditions, the Reporting
Person may in the future take such actions with respect to their investment in the Issuer as they deem appropriate including,
without limitation, engaging in communications with management and the board of directors of the Issuer, engaging in discussions
with stockholders of the Issuer and others about the Issuer and the Reporting Person’s investment, making proposals to the
Issuer concerning changes to the capital allocation strategy, capitalization, ownership structure, board structure or operations
of the Issuer, purchasing additional shares, selling some or all of their shares, engaging in any hedging or similar transaction
with respect to the shares, or changing their intention with respect to any and all matters referred to in Item 4.
|
ITEM 5.
|
Interest
in Securities of the Issuer
|
(a)
The aggregate number and percentage of class of securities identified pursuant to Item 1 beneficially owned by the Reporting
Person may be found in rows 7, 9, 11 and 13 herein, which hereby is incorporated by reference. Applicable percentages are
based upon 202,308,728 shares of common stock outstanding as of December 4, 2019 as reported in the Company’s
Form 10-12G filed on January 23, 2020 and declared effective on February 12, 2020.
(b)
The powers that the Reporting Person identified in the preceding paragraph have relative to the shares discussed herein may
be found in rows 7 through 10 herein relating to each of the Reporting Person, which hereby is incorporated by
reference.
(c)
All transactions in the class of securities reported on effected by any of the persons named in Item 5(a) during the past 60
days may be found in Item 3.
(d)
None.
(e)
Not applicable.
|
ITEM 6.
|
Contracts,
Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
|
The
information provided in Items 3 and 4 are hereby incorporated by reference. To the best of the knowledge of the Reporting
Person, except as described in Items 3 and 4 above, there are no other contracts, arrangements, understandings or relationships.
|
ITEM 7.
|
Material
to be Filed as Exhibits
|
None
SIGNATURE
After
reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Dated:
May 27, 2020
|
ELLIS
INTERNATIONAL L.P.
|
|
|
|
|
By:
|
/s/
Martin Chopp
|
|
Name:
|
Martin
Chopp
|
|
Title:
|
General
Partner
|
5