Unassociated Document


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C. 20549
 
SCHEDULE 13G/A
 
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
 
Bond Laboratories, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

09789A204

 (CUSIP Number)

December 31, 2010

(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 (“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.
 
09789A204
               

1
 
NAMES OF REPORTING PERSONS
   
William J. Ritger
     
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
 
Florida
   
       
 
5
 
SOLE VOTING POWER
   
1,812,050
NUMBER OF
   
       
SHARES
6
 
SHARED VOTING POWER
BENEFICIALLY
 
1,800,400
OWNED BY
   
       
EACH
7
 
SOLE DISPOSITIVE POWER
REPORTING
 
1,812,050
PERSON
   
       
WITH:
8
 
SHARED DISPOSITIVE POWER
   
1,800,400
     
     
9
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
3,612,450
   
     
10
 
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
 
o
     
11
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
 
5.7%
     
12
 
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 IN
   
 
 
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SCHEDULE 13G/A

Item 1(a) 
Name of Issuer.
Bond Laboratories, Inc.

Item 1(b) 
Address of Issuer’s Principal Executive Offices.
11011 Q Street, Building A, Suite 106, Omaha, NE 68137

Item 2(a) 
Name of Person Filing.
William J. Ritger

Item 2(b) 
Address of Principal Business Office.
The principal business address of the reporting person is 750 Ocean Royale Way, Suite 805, North Palm Beach, FL 33408

Item 2(c) 
Place of Organization.
Reference is made to Item 4 of page 2 of this Schedule 13G/A which Item is incorporated herein by reference

Item 2(d) 
Title of Class of Securities.
Common Stock, $0.01 par value per share

Item 2(e) 
CUSIP Number.
09789A204

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:

(a)
o  Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b)
o  Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c)
o  Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d)
o  Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).

(e)
o  An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

(f)
o  An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g)
o  A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h)
o  A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
 
 
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(i)
o  A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment
      Company Act of 1940 (15 U.S.C. 80a-3);

(j)
o  Group, in accordance with §240.13d-1(b)(1)(ii)(J).

Item 4
Ownership.

Reference is hereby made to Items 5-9 and 11 of page 2 of this Schedule 13G/A, which Items are incorporated by reference herein.

The securities referenced in Items 5 and 7 of page 2 of this Schedule 13G/A are owned by William J. Ritger (the “Ritger Securities”).  The securities referenced in Items 6 and 8 of page 2 of this Schedule 13G/A (the “Seaside Securities” and together with the Ritger Securities, the “Securities) are owned by Seaside 88, LP, a Florida limited partnership (“Seaside”), for which Seaside 88 Advisors, LLC serves as general partner.  William J. Ritger, as one of the managing members of Seaside 88 Advisors, LLC, may therefore be deemed to beneficially own the Seaside Securities for the purposes of Rule 13d-3 of the Securities Exchange Act of 1934, as amended (the “Act”), insofar as he may be deemed to have the power to direct the voting or disposition of the Seaside Securities.

Neither the filing of this Schedule nor any of its contents shall be deemed to constitute an admission that any of Seaside, Seaside 88 Advisors, LLC or any managing member of Seaside 88 Advisors, LLC other than Mr. Ritger is, for any other purpose, the beneficial owner of any of the Ritger Securities, and each of Seaside, Seaside 88 Advisors, LLC and the other managing member of Seaside 88 Advisors, LLC disclaims beneficial ownership as to the Ritger Securities.  Neither the filing of this Schedule nor any of its contents shall be deemed to constitute an admission that Mr. Ritger is, for any other purpose, the beneficial owner of any of the Seaside Securities, and Mr. Ritger disclaims beneficial ownership as to the Seaside Securities, except to the extent of his pecuniary interests therein.

Under the definition of “beneficial ownership” in Rule 13d-3 under the Securities Exchange Act of 1934, it is also possible that the members of Seaside might be deemed the “beneficial owners” of some or all of the Securities referenced in Items 6 and 8 of page 2 above insofar as they may be deemed to share the power to direct the voting or disposition of such Securities.  Neither the filing of this Schedule nor any of its contents shall be deemed to constitute an admission that any of such individuals is, for any purpose, the beneficial owner of any of such Securities, and such beneficial ownership is expressly disclaimed.

The Ritger Securities include 390,000 shares subject to a warrant exercisable within 60 days.  The Seaside Securities include 1,000,000 shares subject to a warrant exercisable within 60 days.

The calculation of percentage of beneficial ownership in item 11 of page 2 was derived from the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2010, filed with the Securities and Exchange Commission on November 15, 2010, in which the Issuer stated that the number of shares of its common stock outstanding as of November 9, 2010 was 63,269,263 shares, which does not include the 390,000 shares subject to the warrant held by Mr. Ritger or the 1,000,000 shares subject to the warrant held by Seaside.  The percentage calculation includes all the shares shown in Items 5-9 of page 2 above, whether or not outstanding.
 
 
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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 five 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.
Not applicable.

Item 8
Identification and Classification of Members of the Group.
Not applicable.

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.
 
 
 
5

 
 
 
 
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.


Date:       February 14, 2011


 
  /s/ William J. Ritger                                
William J. Ritger
 

 
 
 
 
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