|
1.
|
NAME
OF REPORTING PERSON
S.S.
OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Midsummer
Investment, Ltd.
|
|
2.
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
o
(b)
x
|
|
3.
|
SEC
USE ONLY
|
|
4.
|
CITIZENSHIP
OR PLACE OF ORGANIZATION:
Bermuda
|
|
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5.
|
SOLE
VOTING POWER
9,641,527
|
|
6.
|
SHARED
VOTING POWER
None.
|
|
|
7.
|
SOLE
DISPOSITIVE POWER
9,641,527
|
|
|
8.
|
SHARED
DISPOSITIVE POWER
None.
|
|
9.
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,641,527
|
|||
|
10.
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
o
|
|||
|
11.
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.19%
(1)
|
|||
|
12.
|
TYPE
OF REPORTING PERSON: OO
|
|||
|
1.
|
NAME
OF REPORTING PERSON
S.S.
OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Midsummer
Capital, LLC
|
|
2.
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
o
(b)
x
|
|
3.
|
SEC
USE ONLY
|
|
4.
|
CITIZENSHIP
OR PLACE OF ORGANIZATION:
Bermuda
|
|
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5.
|
SOLE
VOTING POWER
9,641,527
|
|
6.
|
SHARED
VOTING POWER
None.
|
|
|
7.
|
SOLE
DISPOSITIVE POWER
9,641,527
|
|
|
8.
|
SHARED
DISPOSITIVE POWER
None.
|
|
9.
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,641,527
|
|||
|
10.
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
o
|
|||
|
11.
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.19%
(1)
|
|||
|
12.
|
TYPE
OF REPORTING PERSON: OO
|
|||
|
Item
1(a).
|
Name
of Issuer.
|
|
|
Electronic
Sensor Technology, Inc. (the “Issuer”)
|
||
|
Item
1(b).
|
Address
of Issuer’s Principal Executive Offices.
|
|
|
1077
Business Center Circle
Newbury
Park, California 91320
|
||
|
Item
2(a).
|
Names
of Person Filing.
|
|
|
Midsummer
Investment, Ltd. (“Midsummer Investment”)
|
||
|
Midsummer
Capital, LLC (“Midsummer
Capital”)
|
|
Item
2(b).
|
Address
of Principal Business Office, or if none, Residence.
|
|
|
As
to Midsummer Investment:
Midsummer
Investment, Ltd
c/o
Midsummer Capital, LLC
295
Madison Avenue, 38th
Floor
New
York, New York 10017
|
||
|
As
to Midsummer Capital:
295
Madison Avenue, 38th Floor
New
York, NY 10017
|
||
|
Item
2(c).
|
Citizenship.
|
|
|
As
to Midsummer Investment: Bermuda
As
to Midsummer Capital: New
York
|
||
|
Item
2(d).
|
Title
of Class of Securities.
|
|
|
Common
stock, par value $0.001 per share (the “Common
Stock”)
|
||
|
Item
2(e).
|
CUSIP
Number.
|
|
|
285835104
|
||
|
Item
3.
|
If
this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b), check
whether the person filing is a:
|
|
|
Not
applicable.
|
||
|
Item
4.
|
Ownership.
|
|
|
Accordingly,
for the purpose of this Statement:
|
|
|
Amount
beneficially owned by Midsummer Investment: 9,641,527 shares of
Common Stock of the Issuer.
|
|
|
(b)
|
Percent
of Class: Midsummer Investment beneficially owns 6.19% of the Issuer’s
issued and outstanding Common Stock (based on 155,853,385 shares of Common
Stock issued and outstanding as of April 8, 2009, as stated in the
Company’s Form 10-K for the year ended December 31, 2008 and filed with
the Securities and Exchange Commission on April 15,
2009).
|
|
|
(c)
|
Number
of shares as to which Midsummer Investment
has:
|
|
|
(i)
|
Sole
power to direct the vote: 9,641,527 shares of
Common Stock of the Issuer.
|
|
|
(ii)
|
Shared
power to vote or to direct the vote:
None.
|
|
|
(iii)
|
Sole
power to dispose or direct the disposition of the Common Stock: 9,641,527 shares of
Common Stock of the Issuer.
|
|
|
(iv)
|
Shared
power to dispose or direct the disposition of the Common Stock:
None.
|
|
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.
|
||
|
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 which could have
that purpose or
effect.
|
| Date: May 5, 2009 | |||
|
MIDSUMMER
INVESTMENT, LTD.
|
|||
|
By:
|
MIDSUMMER
CAPITAL, LLC, its investment manager
|
||
|
|
By:
|
/s/ Michel A. Amsalem | |
| Name: Michel A. Amsalem | |||
| Title: President | |||
| MIDSUMMER CAPITAL, LLC | |||
|
By:
|
/s/ Michel A. Amsalem | ||
| Name: Michel A. Amsalem | |||
| Title: President | |||