Schedule 13D



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


SCHEDULE 13D
Under the Securities Exchange Act of 1934

ADA-ES, Inc.
(Name of Issuer)

Common Stock, no par value
(Title of Class of Securities)

005208103
(CUSIP Number)

Simon M. Lorne, Esq.
Millennium Management, L.L.C.
666 Fifth Avenue, 8th Floor
New York, New York 10103
(212) 841-4100
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

June 27, 2007
(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 § 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g) check the following box o .


SCHEDULE 13D

CUSIP No. 005208103
1
NAMES OF REPORTING PERSONS.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

Millennium Partners, L.P.
13-3521699
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)   o
(b)   þ
3
SEC USE ONLY
4
SOURCE OF FUNDS

WC, OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 
þ
6
CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER

-0-
8
SHARED VOTING POWER

125,000
 
9
SOLE DISPOSITIVE POWER

-0-
 
10
SHARED DISPOSITIVE POWER

125,000
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

125,000
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 

 
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

2.2%
14
TYPE OF REPORTING PERSON

PN

SCHEDULE 13D

CUSIP No. 005208103
1
NAMES OF REPORTING PERSONS.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

Millenco, L.L.C.
13-3532932
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)   o
(b)   þ
3
SEC USE ONLY
4
SOURCE OF FUNDS

WC, OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 
þ
6
CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER

-0-
8
SHARED VOTING POWER

169,698
 
9
SOLE DISPOSITIVE POWER

-0-
 
10
SHARED DISPOSITIVE POWER

169,698
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

169,698
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 

 
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

3.0%
14
TYPE OF REPORTING PERSON

OO, BD

SCHEDULE 13D

CUSIP No. 005208103
1
NAMES OF REPORTING PERSONS.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

Millennium Management, L.L.C.
13-3804139
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)   o
(b)   þ
3
SEC USE ONLY
4
SOURCE OF FUNDS

WC, OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 
þ
6
CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER

-0-
8
SHARED VOTING POWER

294,698
 
9
SOLE DISPOSITIVE POWER

-0-
 
10
SHARED DISPOSITIVE POWER

294,698 

11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

294,698

12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

5.2%
14
TYPE OF REPORTING PERSON

OO

SCHEDULE 13D

CUSIP No. 005208103
1
NAMES OF REPORTING PERSONS.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

Israel A. Englander
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)   o
(b)   þ
3
SEC USE ONLY
4

SOURCE OF FUNDS


WC, OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

þ

6
CITIZENSHIP OR PLACE OF ORGANIZATION

United States

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER

-0-

8
SHARED VOTING POWER

294,698 
9
SOLE DISPOSITIVE POWER
 
-0- 
10
SHARED DISPOSITIVE POWER

294,698 

11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
294,698
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
5.2%
14
TYPE OF REPORTING PERSON
 
IN

Explanatory Note  

Item 1.      Security and Issuer.

   The name of the issuer is ADA-ES, Inc., a Colorado corporation (the "Issuer"). The address of the Issuer’s offices is 8100 SouthPark Way, B, Littleton, Colorado 80120. This Schedule 13D relates to the Issuer’s common stock, no par value (the "Common Stock").

Item 2.      Identity and Background.

   (a)-(c), (f).  This statement is being filed by Millennium Partners, L.P., a Cayman Islands exempted limited partnership ("Millennium Partners") and Millenco, L.L.C., a Delaware limited liability company, formerly known as Millenco, L.P., a Delaware limited partnership ("Millenco"). Millenco is a broker-dealer and a member of the American Stock Exchange and the NASDAQ. Millennium Management, L.L.C., a Delaware limited liability company ("Millennium Management"), is the managing partner of Millennium Partners and the manager of Millenco, and consequently may be deemed to have voting control and investment discretion over securities owned by Millennium Partners and by Millenco. Israel A. Englander ("Mr. Englander") is the managing member of Millennium Management. As a result, Mr. Englander may be deemed to be the beneficial owner of any shares deemed to be beneficially owned by Millennium Management. The foregoing should not be construed in and of itself as an admission by Millennium Management or Mr. Englander as to beneficial ownership of the shares owned by Millennium Partners or by Millenco.

   The business address for Millennium Partners, Millenco, Millennium Management and Mr. Englander is c/o Millennium Management, L.L.C., 666 Fifth Avenue, New York, New York 10103. Mr. Englander is a United States citizen.

   Note:  Integrated Holding Group, L.P., a Delaware limited partnership ("Integrated Holding Group"), is a non-managing member of Millenco. As a non-managing member, Integrated Holding Group has no investment or voting control over Millenco or its securities positions.

   (d)  During the last five years, none of the Reporting Persons has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).

   (e)  On December 1, 2005, Millennium Management and Mr. Englander, together with Millennium Partners and certain related persons and entities, entered into settlements with the Securities and Exchange Commission ("SEC") and the Attorney General of the State of New York (the "NYAG") relating to allegations that Millennium Partners had engaged in a pattern of deceptive "market timing" of mutual fund shares in years prior to 2004 and, in the case of the settlement with the NYAG only, had failed to take adequate steps to prevent a trader from engaging in mutual fund "late trading" in violation of firm policy. The parties neither admitted nor denied the allegations or findings (except as to jurisdiction) but consented to the entry of findings. The SEC proceedings are In the Matter of Millennium Partners, L.P., et al. Securities Act Release No. 8639 (December 1, 2005), available at www.sec.gov. Contemporaneously, the NYAG issued an Assurance of Discontinuance relating to the claims and findings of that office.

   Neither the Reporting Persons nor any other party admitted or denied any of the allegations or findings in these matters. The remedies included disgorgement by the entities of approximately $148 million of mutual fund trading profits, civil penalties aggregating approximately $32.15 million (with approximately $30 million being paid by Mr. Englander), an administrative order to cease and desist from violations of the antifraud provisions of the Securities Act and the Securities Exchange Act, and prophylactic relief.

Item 3.      Source and Amount of Funds or Other Consideration.

   The amount of funds used to purchase the shares of Common Stock held by Millennium Partners and Millenco in transactions giving rise to this Schedule 13D was approximately $1,000,000 and $3,221,100, respectively, calculated on an average cost basis (excluding brokerage commissions) by account. Millennium Partners and Millenco effect purchases of securities primarily through margin accounts maintained for them with prime brokers, which may extend margin credit to them as and when required to open or carry positions in the margin accounts, subject to applicable Federal margin regulations, stock exchange rules and the prime broker’s credit policies. In such instances, the positions held in the margin accounts are pledged as collateral security for the repayment of debit balances in the accounts.

Item 4.       Purpose of Transaction.

   The Reporting Persons are engaged in the investment business. In pursuing this business, the Reporting Persons analyze the operations, capital structure and markets of companies, including the Issuer, on a continuous basis through analysis of documentation and discussions with knowledgeable industry and market observers and with representatives of such companies (often at the invitation of management). From time to time, one or more of the Reporting Persons may hold discussions with third parties or with management of such companies in which the Reporting Persons may suggest or take a position with respect to potential changes in the operations, management or capital structure of such companies as a means of enhancing shareholder value. Such suggestions or positions may relate to one or more of the transactions specified in clauses (a) through (j) of Item 4 of Schedule 13D of the Exchange Act, including, without limitation, such matters as disposing of or selling all or a portion of the company or acquiring another company or business, changing operating or marketing strategies, adopting or not adopting certain types of anti-takeover measures and restructuring the Issuer’s capitalization or dividend policy.

   The Reporting Persons employ the services of a number of portfolio managers, each of whom independently employs a separate and distinct trading strategy. A portion of the securities of the Issuer held by the Reporting Persons are held in accounts of the Reporting Persons managed by portfolio managers who engage in event-, risk- or merger-arbitrage or fundamental strategies.

   Except as set forth above, the Reporting Persons do not have any present plans or proposals that relate to or would result in any of the actions required to be described in Item 4 of Schedule 13D. Each of the Reporting Persons may, at any time, review or reconsider its position with respect to the Issuer and formulate plans or proposals with respect to any of such matters, but has no present intention of doing so.

Item 5.      Interest in Securities of the Issuer.

   (a)  As of the date of this filing, (i) Millennium Partners is the beneficial owner of 125,000 shares of Common Stock and (ii) Millenco is the beneficial owner of 169,698 shares of Common Stock.

   Millennium Management, as the managing partner of Millennium Partners and the manager of Millenco, may also be deemed to beneficially own the above-described shares of Common Stock beneficially owned by Millennium Partners and Millenco, respectively.

   Mr. Englander, as the managing member of Millennium Management, may also be deemed to beneficially own the above-described shares of Common Stock beneficially owned by Millennium Partners and Millenco, respectively.

   The foregoing should not be construed in and of itself as an admission by Millennium Management or Mr. Englander as to beneficial ownership of the shares held by Millennium Partners and Millenco.

   Accordingly, as of the date of this filing, Mr. Englander and Millennium Management may be deemed to be the beneficial owner of 294,698 shares of Common Stock, which represents in the aggregate approximately 5.2% of the outstanding Common Stock. The calculation of the foregoing percentage is on the basis of 5,638,774 shares of Common Stock outstanding as of April 30, 2007, as reported by the Issuer in its Quarterly Report on Form 10-Q, dated as of May 10, 2007.

   (b)  Millennium Partners may be deemed to hold shared power to vote and to dispose of the 125,000 shares of Common Stock described in (a) above. Millenco may be deemed to hold shared power to vote and to dispose of the 169,698 shares of Common Stock described in (a) above. Mr. Englander and Millennium Management may be deemed to hold shared power to vote and to dispose of the 294,698 shares of Common Stock described in (a) above. The foregoing should not be construed in and of itself as an admission by Mr. Englander or Millennium Management as to beneficial ownership of the shares held by Millenco.

   (c)  Transactions in Common Stock during the past 60 days: Schedule A annexed hereto lists all transactions in the Common Stock during the past 60 days by the Reporting Persons. All transactions in the Common Stock were effected by Millenco in the open market.

   (d)  No person other than the Reporting Persons is known to have the right to receive, or the power to direct the receipt of, dividends from, or proceeds from the sale of, the shares of Common Stock reported in this Statement.

Item 6.      Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

   In connection with arrangements with its prime brokers, such prime brokers are permitted to lend securities in Millenco’s and Millennium Partners’ accounts (as the case may be) to the extent permitted by debit balances in such account. Millenco and Millennium Partners (as the case may be) generally will not have any knowledge of the specific loans made by such prime brokers. In addition, in the ordinary course of business, Millenco and/or Millennium Partners, as applicable (or its prime brokers), may borrow securities to satisfy delivery obligations arising from short sales and may lend securities to third parties and such loans generally may be recalled upon demand.

   There are no other contracts, arrangements, understandings or relationships among the Reporting Persons, or between the Reporting Persons and any other person, with respect to the securities of the Issuer.

Item 7.      Material to Be Filed as Exhibits.

   Exhibit I:  Joint Filing Agreement, dated as of July 6, 2007, by and among Millennium Partners, L.P., Millenco, L.L.C., Millennium Management, L.L.C. and Israel A. Englander.


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.

Dated: July 6, 2007

MILLENNIUM PARTNERS, L.P.

By: Millennium Management, L.L.C.
       its managing partner

By: /s/ Terry Feeney

Name: Terry Feeney
Title:  Chief Operating Officer

 

MILLENCO, L.L.C.

By: /s/ Mark Meskin

Name: Mark Meskin
Title:  Chief Executive Officer

 

MILLENNIUM MANAGEMENT, L.L.C.

By: /s/David Nolan

Name: David Nolan
Title:  Executive Vice President

 

/s/ Israel A. Englander by Simon Lorne
pursuant to Power of Attorney filed with
the SEC on June 6, 2005

Israel A. Englander



EXHIBIT I

JOINT FILING AGREEMENT

    This will confirm the agreement by and among the undersigned that the Schedule 13D filed with the Securities and Exchange Commission on or about the date hereof with respect to the beneficial ownership by the undersigned of the Common Stock, no par value, of ADA-ES, Inc., a Colorado corporation, is being filed, and all amendments thereto will be filed, on behalf of each of the persons and entities named below in accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

Dated: July 6, 2007

MILLENNIUM PARTNERS, L.P.

By: Millennium Management, L.L.C.
       its managing partner

By: /s/ Terry Feeney

Name: Terry Feeney
Title:  Chief Operating Officer

 

MILLENCO, L.L.C.

By: /s/ Mark Meskin

Name: Mark Meskin
Title:  Chief Executive Officer

 

MILLENNIUM MANAGEMENT, L.L.C.

By: /s/David Nolan

Name: David Nolan
Title:  Executive Vice President

 

/s/ Israel A. Englander by Simon Lorne
pursuant to Power of Attorney filed with
the SEC on June 6, 2005

Israel A. Englander



Schedule A

Transactions in the Issuer’s Common Stock during the past 60 days:

Date of Transaction Quantity Purchased
(Sold)
Price Per Share
$
5/7/2007 (800) 19.8039
5/7/2007 (100) 19.7
5/7/2007 (100) 19.89
5/7/2007 (100) 19.9
5/8/2007 (400) 19.7513
5/9/2007 300 19.8089
5/11/2007 (100) 18.4825
5/11/2007 (100) 18.52
5/11/2007 (100) 18.51
5/14/2007 (100) 18.5045
5/14/2007 (100) 18.51
5/15/2007 (100) 18.7146
5/17/2007 (100) 19.1255
5/21/2007 100 19.15
5/22/2007 200 19.3114
6/1/2007 (100) 22.22
6/1/2007 (100) 22.32
6/1/2007 (100) 22.32
6/1/2007 (100) 22.34
6/1/2007 (100) 22.34
6/1/2007 (100) 22.4
6/1/2007 (100) 22.4
6/1/2007 (100) 22.41
6/4/2007 (200) 22.6288
6/4/2007 100 22.49
6/4/2007 100 22.69
6/4/2007 (100) 22.92
6/5/2007 300 22.3348
6/6/2007 400 21.0746
6/6/2007 100 21.2
6/6/2007 100 21.31
6/7/2007 500 20.5326
6/7/2007 100 20.58
6/8/2007 300 20.3703
6/11/2007 400 20.7448
6/11/2007 34 20.8
6/11/2007 93 20.84
6/11/2007 100 20.77
6/11/2007 100 20.86
6/11/2007 100 20.86
6/11/2007 100 20.87
6/11/2007 100 20.89
6/11/2007 100 20.84
6/11/2007 100 20.89
6/12/2007 400 20.7863
6/12/2007 100 20.25
6/12/2007 100 20.25
6/12/2007 100 20.27
6/12/2007 100 20.34
6/12/2007 100 20.46
6/12/2007 100 20.64
6/12/2007 100 20.75
6/12/2007 100 20.76
6/12/2007 100 20.79
6/12/2007 100 21.02
6/12/2007 (100) 20.44
6/12/2007 100 20.94
6/12/2007 100 20.31
6/12/2007 100 20.31
6/12/2007 100 20.31
6/12/2007 100 20.45
6/12/2007 100 20.45
6/12/2007 100 20.46
6/12/2007 100 20.46
6/12/2007 100 20.46
6/12/2007 100 20.46
6/12/2007 100 20.46
6/12/2007 100 20.49
6/12/2007 100 20.5
6/12/2007 100 20.5
6/12/2007 100 20.5
6/12/2007 100 20.5
6/12/2007 100 20.73
6/12/2007 100 20.73
6/12/2007 200 20.45
6/12/2007 200 20.49
6/13/2007 500 21.5867
6/13/2007 100 21.9
6/13/2007 (100) 21.76
6/13/2007 99 21.5
6/13/2007 100 21.35
6/13/2007 100 21.36
6/13/2007 100 21.43
6/13/2007 100 21.43
6/13/2007 100 21.49
6/13/2007 100 21.5
6/13/2007 100 21.5
6/13/2007 100 21.5
6/13/2007 100 21.5
6/13/2007 100 21.5
6/13/2007 100 21.5
6/13/2007 100 21.5
6/13/2007 100 21.5
6/13/2007 100 21.5
6/13/2007 100 21.5
6/13/2007 100 21.5
6/13/2007 275 21.5
6/13/2007 300 21.5
6/13/2007 500 21.5
6/13/2007 1,000 21.47
6/13/2007 1,000 21.49
6/13/2007 1,000 21.5
6/13/2007 1,000 21.5
6/13/2007 25 21.51
6/13/2007 75 21.52
6/13/2007 100 21.51
6/13/2007 100 21.51
6/13/2007 100 21.51
6/13/2007 100 21.51
6/13/2007 100 21.51
6/13/2007 100 21.51
6/13/2007 100 21.51
6/13/2007 100 21.51
6/13/2007 100 21.51
6/13/2007 100 21.51
6/13/2007 100 21.51
6/13/2007 100 21.52
6/13/2007 100 21.52
6/13/2007 100 21.52
6/13/2007 100 21.55
6/13/2007 100 21.6
6/13/2007 100 21.6
6/13/2007 100 21.6
6/13/2007 100 21.6
6/13/2007 100 21.6
6/13/2007 100 21.6
6/13/2007 200 21.51
6/13/2007 200 21.6
6/13/2007 300 21.6
6/14/2007 500 21.5044
6/14/2007 100 21.57
6/14/2007 100 21.63
6/15/2007 500 21.0283
6/15/2007 45 21.05
6/15/2007 55 21.05
6/15/2007 100 20.98
6/15/2007 100 21.04
6/15/2007 100 21.16
6/15/2007 100 21
6/15/2007 99 21.05
6/15/2007 100 20.77
6/15/2007 100 20.8
6/15/2007 100 20.98
6/15/2007 100 20.99
6/15/2007 100 20.99
6/15/2007 100 20.99
6/15/2007 100 21.05
6/15/2007 100 21.05
6/15/2007 100 21.05
6/15/2007 100 21.05
6/15/2007 100 21.05
6/15/2007 100 21.05
6/15/2007 500 21.05
6/15/2007 500 21.05
6/15/2007 500 21.05
6/18/2007 500 20.5388
6/18/2007 100 20.37
6/18/2007 100 20.62
6/18/2007 100 20.93
6/18/2007 100 20.22
6/18/2007 100 20.32
6/18/2007 100 20.87
6/18/2007 100 20.37
6/18/2007 200 20.37
6/18/2007 700 20.37
6/19/2007 100 20.3156
6/19/2007 400 20.3294
6/19/2007 100 20.3
6/20/2007 500 20.6153
6/20/2007 100 20.5
6/20/2007 100 20.6
6/20/2007 (100) 20.54
6/21/2007 500 20.1447
6/21/2007 100 20.05
6/21/2007 100 20.17
6/21/2007 100 20.26
6/22/2007 200 21.0339
6/22/2007 100 20.67
6/22/2007 100 20.91
6/22/2007 100 21.11
6/22/2007 100 21.18
6/25/2007 500 20.8863
6/25/2007 100 20.82
6/25/2007 100 20.93
6/25/2007 100 20.93
6/27/2007 400 19.3329
6/27/2007 14,000 19.35
6/28/2007 600 19.3075
6/28/2007 100 19.2
6/28/2007 100 19.33
7/2/2007 (100) 21.56
7/2/2007 (100) 21.69
7/2/2007 (100) 22
7/2/2007 (1) 22
7/3/2007 (100) 22.21
7/3/2007 (100) 22.21
7/3/2007 (100) 22.22
7/3/2007 (100) 22.22
7/3/2007 (100) 22.4124
7/3/2007 (100) 22.52
7/5/2007 (500) 22.2106
7/5/2007 (100) 22.26
7/5/2007 (100) 22.29
7/5/2007 (100) 22.3
7/6/2007 100 21.22
7/6/2007 (100) 21.36
7/6/2007 (100) 21.4

Notes:

(i)  All of the above transactions in the Common Stock were effected by Millenco in the open market.

(ii)  Some of the sales listed above were short sales.