UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(Amendment No. 4)(1)
NOVITRON INTERNATIONAL, INC.
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(Name of Issuer)
Common Stock, $.01 par value
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(Title of Class of Securities)
670088103
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(CUSIP Number)
Noah Klarish & Associates, P.C.
One World Trade Ctr., 85th Fl.
New York, NY 10048 (212) 488-1111
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
November 26, 1999
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(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), 13d-1(f) or 13d-1(g), check the
following box |_|.
Note. Schedules filed in paper format shall include a signed
original and five copies of the schedule, including all exhibits. See Rule
13d-7(b) for other parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 6 Pages)
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(1) 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 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).
<PAGE>
CUSIP No. 670088103 SCHEDULE 13D Page 2 of 6 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Ira Albert
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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 SOURCE OF FUNDS*
PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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7 SOLE VOTING POWER
7,102
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NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY --------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 40,793 (includes 33,691 shares held by various accounts
WITH over which Mr. Albert has discretionary authority)
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10 SHARED DISPOSITIVE POWER
33,691 shares held by various accounts over which Mr.
Albert has discretionary authority
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
40,793
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.8%
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14 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Item 1. Security and Issuer.
This statement relates to the Common Stock, $.01 par value per share
(the "Common Stock"), of Novitron International, Inc., a Delaware corporation
(the "Issuer"). The Issuer maintains its principal executive office at One
Gateway Center, Suite 411, Newton, Massachusetts 02158.
Item 2. Identity and Background.
(a) This statement is filed by (i) Ira Albert, an individual, with
respect to shares of the Issuer's Common Stock held by him and with respect to
shares of the Issuer's Common Stock held in investment accounts over which Mr.
Albert has discretionary authority, and (ii) Albert Investment Associates, L.P.,
a Delaware limited partnership (the "Albert Partnership") with respect to shares
of the Issuer's Common Stock held by it. Ira Albert and the Albert Partnership
shall sometimes be collectively referred to herein as the "Reporting Person."
(b) The Reporting Person filed an initial Schedule 13D for an event
of November 12, 1996 (the "Initial Schedule"), an Amendment No. 1 for an event
of April 9, 1997, an Amendment No. 2 for an event of May 20, 1997, and an
Amendment No. 3 for an event of June 25, 1997 (collectively the "Prior
Amendments"). Except to the extent set forth in this Amendment, the information
in the Initial Schedule and the Prior Amendments remains unchanged.
Item 3. Source and Amount of Funds or Other Consideration.
Ira Albert directly owns 7,102 shares of the Issuer's Common Stock
for which he paid $15,979.50. Mr. Albert obtained the funds from his personal
funds. Mr. Albert has discretionary authority over accounts which own 33,691
shares of the Issuer's Common Stock for which such accounts paid a total of
$75,804.75 from the personal funds of the beneficial owners of such accounts.
Item 5. Interest in Securities of the Issuer.
(a) The number of shares of the Issuer's Common Stock and the
percentage of the outstanding shares (based upon 1,440,215 post split shares
outstanding as reported in the Issuer's Quarterly Report on Form 10-Q for the
quarter ended September 30, 1999) directly beneficially owned by each Reporting
Person is as follows:
Percentage of
Name Number of Shares Outstanding Shares
- ---- ---------------- ------------------
Ira Albert 7,102 0.005%
Albert discretionary 33,691 2.3%
accounts
3
<PAGE>
(b) Mr. Albert has sole power to vote 7,102 shares of the Issuer's
Common Stock and has sole power to dispose or to direct the disposition of
40,793 shares of the Issuer's Common Stock.
(c) See Appendix I annexed hereto.
4
<PAGE>
Signatures
After reasonable inquiry and to the best of our knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
Dated: November 30, 1999
/s/ Ira Albert
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Ira Albert
ALBERT INVESTMENT ASSOCIATES, L.P.
By: ALBERT INVESTMENT STRATEGIES, INC.
By: /s/ Ira Albert
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Ira Albert, President
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<PAGE>
APPENDIX 1
TRANSACTIONS IN NOVITRON INTERNATIONAL, INC.
COMMON STOCK WITHIN THE
PAST 60 DAYS
Other than as noted below, all transactions were open market sales and the
commissions are included in the price of the shares.
1. Albert Investment Associates, L.P. (privately negotiated sale).
No. of
Trade Shares Price Per Proceeds of
Date Sold Share Sale
---- ---- ----- ----
11/26/99 185,533 $3.00 $556,599.00
2. Ira Albert and Family
No. of
Trade Shares Price Per Proceeds of
Date Sold Share Sale
---- ---- ----- ----
11/26/99 5,000 $3.00 $14,850.00
3. Other Discretionary Accounts/ Limited Power of Attorney
No. of
Trade Shares Price Per Proceeds of
Date Sold Share Sale
---- ---- ----- ----
11/26/99 15,000 $3.00 $44,550.00
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