SC 13G/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 7)*

 

 

 

Intrusion Inc.

(Name of issuer)

 

 

 

Common Stock, par value $0.01 per share

(Title of class of securities)

 

46121E205

(CUSIP number)

 

December 31, 2011

(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).

 

 

 


SCHEDULE 13G

 

CUSIP No. 46121E205   Page 2 of 9 Pages

 

  (1)   

Names of reporting persons

 

MAZ Partners LP

  (2)  

Check the appropriate box if a member of a group (see instructions)

(a)  ¨        (b)  x

 

  (3)  

SEC use only

 

  (4)  

Citizenship or place of organization

 

Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with:

   (5)    

Sole voting power

 

0

   (6)   

Shared voting power

 

988,160

   (7)   

Sole dispositive power

 

0

   (8)   

Shared dispositive power

 

988,160

  (9)

 

Aggregate amount beneficially owned by each reporting person

 

988,160

(10)

 

Check if the aggregate amount in Row (9) excludes certain shares (see instructions)    ¨

 

(11)

 

Percent of class represented by amount in Row (9)

 

8.3%

(12)

 

Type of reporting person (see instructions)

 

PN

 


SCHEDULE 13G

 

CUSIP No. 46121E205   Page 3 of 9 Pages

 

  (1)   

Names of reporting persons

 

MAZ Capital Advisors, LLC

  (2)  

Check the appropriate box if a member of a group (see instructions)

(a)  ¨        (b)  x

 

  (3)  

SEC use only

 

  (4)  

Citizenship or place of organization

 

Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with:

   (5)    

Sole voting power

 

0

   (6)   

Shared voting power

 

988,160

   (7)   

Sole dispositive power

 

0

   (8)   

Shared dispositive power

 

988,160

  (9)

 

Aggregate amount beneficially owned by each reporting person

 

988,160

(10)

 

Check if the aggregate amount in Row (9) excludes certain shares (see instructions)    ¨

 

(11)

 

Percent of class represented by amount in Row (9)

 

8.3%

(12)

 

Type of reporting person (see instructions)

 

OO

 


SCHEDULE 13G

 

CUSIP No. 46121E205   Page 4 of 9 Pages

 

  (1)   

Names of reporting persons

 

Walter Schenker

  (2)  

Check the appropriate box if a member of a group (see instructions)

(a)  ¨        (b)  x

 

  (3)  

SEC use only

 

  (4)  

Citizenship or place of organization

 

USA

Number of

shares

beneficially

owned by

each

reporting

person

with:

   (5)    

Sole voting power

 

256,123

   (6)   

Shared voting power

 

988,160

   (7)   

Sole dispositive power

 

256,123

   (8)   

Shared dispositive power

 

988,160

  (9)

 

Aggregate amount beneficially owned by each reporting person

 

1,244,283

(10)

 

Check if the aggregate amount in Row (9) excludes certain shares (see instructions)    ¨

 

(11)

 

Percent of class represented by amount in Row (9)

 

10.4%

(12)

 

Type of reporting person (see instructions)

 

IN

 


SCHEDULE 13G

 

CUSIP No. 46121E205   Page 5 of 9 Pages

 

Item 1(a) Name of Issuer:

 

     Intrusion Inc.

 

Item 1(b) Address of Issuer’s Principal Executive Offices:

 

     1101 East Arapaho Road, Suite 200
     Richardson, Texas 75081

 

Item 2(a) Name of Person Filing:

 

     MAZ Partners LP
     MAZ Capital Advisors, LLC
     Walter Schenker

 

     MAZ Partners LP is the record holder of the securities reported herein. MAZ Capital Advisors, LLC is the General Partner of MAZ Partners LP. Walter Schenker is the sole member and manager of MAZ Capital Advisors, LLC.

 

Item 2(b) Address of Principal Business Office or, if none, Residence:

 

     MAZ Partners LP
     MAZ Capital Advisors, LLC
     Walter Schenker

 

     7 Century Drive, Suite 201
     Parsippany, NJ 07054

 

Item 2(c) Citizenship:

 

     MAZ Partners LP – Delaware
     MAZ Capital Advisors, LLC – Delaware
     Walter Schenker – USA

 

Item 2(d) Title of Class of Securities:

 

     Common Stock, $.01 par value

 

Item 2(e) CUSIP Number:

 

     46121E205

 

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

 

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

 

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

 

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

 

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


SCHEDULE 13G

 

CUSIP No. 46121E205   Page 6 of 9 Pages

 

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

 

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

 

  (h)    ¨ A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

 

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

 

Item 4. Ownership

 

     Each reporting person’s calculation of its percentage ownership of the Common Stock of the Issuer is based upon 11,942,017 shares of Common Stock issued and outstanding as of October 31, 2011, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Commission on November 10, 2011.

 

  (a)   Amount beneficially owned:

 

         MAZ Partners LP – 988,160
         MAZ Capital Advisors, LLC – 988,160
         Walter Schenker – 1,254,283

 

  (b)   Percent of class:

 

         MAZ Partners LP – 8.3%
         MAZ Capital Advisors, LLC – 8.3%
         Walter Schenker – 10.4%

 

  (c)   Number of shares as to which the person has:

 

         MAZ Partners LP

(i)  Sole power to vote or to direct the vote: 0.

(ii) Shared power to vote or to direct the vote 988,160.

(iii) Sole power to dispose or to direct the disposition of 0.

(iv) Shared power to dispose or to direct the disposition of 988,160.

 

          MAZ Capital Advisors, LLC

(i) Sole power to vote or to direct the vote: 0.

(ii) Shared power to vote or to direct the vote 988,160.

(iii) Sole power to dispose or to direct the disposition of 0.

(iv) Shared power to dispose or to direct the disposition of 988,160.


SCHEDULE 13G

 

CUSIP No. 46121E205   Page 7 of 9 Pages

 

         Walter Schenker

(i) Sole power to vote or to direct the vote: 256,123(1).

(ii) Shared power to vote or to direct the vote 988,160.

(iii) Sole power to dispose or to direct the disposition of 256,123(1).

(iv) Shared power to dispose or to direct the disposition of 988,160.

 

(1) Includes shares held directly by Mr. Schenker and in an IRA account of Mr. Schenker.

 

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 or Control Person

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.


SCHEDULE 13G

 

CUSIP No. 46121E205   Page 8 of 9 Pages

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.

Dated: January 27, 2012

 

MAZ Partners LP
By:  

MAZ Capital Advisors, LLC,

its General Partner

 

By:   /s/ Walter Schenker         
  Name: Walter Schenker
  Title: Manager

 

MAZ Capital Advisors, LLC*
By:   /s/ Walter Schenker         
  Name: Walter Schenker
  Title: Manager

 

By:   /s/ Walter Schenker*         
  Walter Schenker

 

* The Reporting Persons disclaim their beneficial ownership in the securities reported herein that are owned of record by MAZ Partners LP.


SCHEDULE 13G

 

CUSIP No. 46121E205   Page 9 of 9 Pages

EXHIBIT 1

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the common stock of Intrusion Inc. and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filings.

In evidence thereof, the undersigned, being duly authorized, have executed this Joint Filing Agreement this 10th day of November 2010.

 

MAZ Partners LP
By:  

MAZ Capital Advisors, LLC,

its General Partner

By:   /s/ Walter Schenker
  Name: Walter Schenker
  Title: Manager

 

MAZ Capital Advisors, LLC
By:   /s/ Walter Schenker
  Name: Walter Schenker
  Title: Manager

 

By:   /s/ Walter Schenker
  Walter Schenker