UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G/A
AMENDMENT NO. 2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
BITSTREAM INC.
(Name of Issuer)
CLASS A COMMON STOCK, PAR VALUE $.01 PER SHARE
(Title of Class of Securities)
091736108
(CUSIP Number)
December 31, 2006
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|_| Rule 13d-1(b)
[X] Rule 13d-1(c)
|_| 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 ("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. 091736108
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1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
AIGH INVESTMENT PARTNERS, LLC
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 5. SOLE VOTING POWER
SHARES 634,685
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BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 634,685
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EACH 7. SOLE DISPOSITIVE POWER
REPORTING 634,685
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PERSON 8. SHARED DISPOSITIVE POWER
WITH 634,685
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
634,685 shares
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.9%
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12. TYPE OF REPORTING PERSON*
OO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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SCHEDULE 13G
Item 1(a) Name of Issuer:
Bitstream Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
245 First Street, Cambridge, Massachusetts 02142
Item 2(a) Names of Persons Filing:
AIGH Investment Partners, LLC
Orin Hirschman is the managing member of AIGH Investment Partners,
LLC.
Item 2(b) Addresses of Principal Business Offices:
The principal business office of AIGH Investment Partners, LLC is
6006 Berkeley Ave., Baltimore, MD 21209.
Item 2(c) Citizenship:
AIGH Investment Partners, LLC is a Delaware limited liability
company.
Item 2(d) Title of Class of Securities:
Class A Common Stock
Item 2(e) CUSIP Number:
091736108
Item 3 If this statement is filed pursuant to ss.ss.240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
N/A
Item 4. Ownership
a. Amount Beneficially Owned:
634,685 shares
b. Percent of class
6.9%
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c. Number of shares as to which AIGH Investment Partners, LLC has:
i. Sole power to vote or to direct the vote
634,685
ii. Shared power to vote or to direct the vote
634,685
iii. Sole power to dispose or to direct the disposition of
634,685
iv. Shared power to dispose or to direct the disposition of
634,685
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 five percent of the class of securities, check
the following.
[ ]
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:
N/A
Item 8. Identification and Classification of Members of the Group.
N/A
Item 9. Notice of Dissolution of Group:
N/A
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
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and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
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: February 14, 2007
AIGH INVESTMENT PARTNERS, LLC
By: /s/ Orin Hirschman
--------------------------
Title: Managing Member
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