Cusip No. 038373304 13G Page 3 of 4 Pages
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. __)*
AQUA CARE SYSTEMS, INC.
---------------------------------------
(Name of Issuer)
Common Stock, Par Value $.001 per share
----------------------------------------
(Title of Class of Securities)
038373304
----------------------------------------
(CUSIP Number)
January 16, 2001
----------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
13G 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 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).
<PAGE>
1. NAME OF REPORTING PERSON
S.S. OR IRS IDENTIFICATION NO. OF ABOVE PERSONS (entities only)
Bruce Galloway (for and on behalf of accounts over
which he has control)
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
---
(b) X
---
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
5. Sole Voting Power: 211,200
Number of
Shares
Beneficially 6. Shared Voting Power: -0-
Owned By
Each
Reporting 7. Sole Dispositive Power: 211,200
Person
With
8. Shared Dispositive Power: -0-
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
211,200
10. CHECK THE BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES *
Not Applicable
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.2%
12. TYPE OF REPORTING PERSON*
IN
<PAGE>
Item 1(a)- Name of Issuer:
Aqua Care Systems, Inc.
Item 1(b)- Address of Issuer's Principal Executive Offices:
11820 N.W. 37th Street
Coral Springs, Florida 33065
Item 2(a)- Name of Person Filing:
Bruce Galloway
Item 2(b)- Address of Principal Business Office:
Bruce Galloway
1325 Avenue of the Americas
26th Floor
New York, New York 10019
Item 2(c)- Citizenship (Place of Incorporation):
United States
Item 2(d)- Title of Class of Securities:
Common Stock, $.001 par value
Item 2(e)- Cusip Number:
038373304
Item 3- This statement is being filed pursuant to Rule 13d-1(c).
Item 4(a)- Amount beneficially owned:
211,200
Item 4(b)- Percent of Class: 7.2%
Item 4(c)- Number of Shares to which the reporting person has:
(i) sole power to vote or to direct the vote:*
(ii) shared power to vote or to direct the vote: *
(iii) sole power to dispose or to direct the disposition of: *
(iv) shared power to dispose or to direct the disposition of: *
* See items 5-11, above
Item 5 - Ownership of Five Percent or Less of a Class: Not Applicable
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
<PAGE>
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 acquired in the ordinary
course of business and were not acquired for the purpose of and do not have the
effect of changing or influencing the control of the issuer of the securities
and were not acquired in connection with or as a participant in any transaction
having that purpose or effect.
Exhibits.
None
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.
/s/ Bruce Galloway
Bruce Galloway
