|
Copytele
Inc.
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(Name
of Issuer)
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|
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Common
Stock
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(Title
of Class of Securities)
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||
|
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|
217721
10 9
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|
(CUSIP
Number)
|
||
|
|
||
|
November
2, 2007
|
||
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(Date
of Event Which Requires Filing of this Statement)
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*
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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.
|
|
CUSIP
NO. 217721 10 9
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13G
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Page
2 of 2
Pages
|
|
1
|
NAMES
OF REPORTING PERSONS
Mars
Overseas Limited
|
|||
|
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(b) x
|
|||
|
3
|
SEC
USE ONLY
|
|||
|
4
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
Cayman
Islands
|
|||
|
NUMBER
OF SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
|
5
|
SOLE
VOTING POWER
20,000,000
shares
|
||
|
6
|
SHARED
VOTING POWER
None
|
|||
|
7
|
SOLE
DISPOSITIVE POWER
20,000,000
shares
|
|||
|
8
|
SHARED
DISPOSITIVE POWER
None
|
|||
|
9
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
20,000,000
shares
|
|||
|
10
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
Not
applicable.
|
|||
|
11
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
15.8%
(based on 106,911,315 shares outstanding on September 20, 2007 (as
represented to the Reporting Person by the Issuer), plus the 20,000,000
shares acquired by the Reporting Person from the Issuer on November
6,
2007)
|
|||
|
12
|
TYPE
OF REPORTING PERSON
CO
|
|||
|
Item
1(a).
|
Name
of Issuer:
|
|
Copytele
Inc. (the “Issuer”)
|
|
|
Item
1(b).
|
Address
of Issuer's Principal Executive Offices:
|
|
900
Whitman Road, Melville, NY 11747
|
|
|
Item
2(a).
|
Name
of Person Filing:
|
|
Mars
Overseas Limited (the “Company”)
|
|
|
Item
2(b).
|
Address
of Principal Business Office or, if None,
Residence:
|
|
P.O.
Box 309 , GI Ugland House, South Church Street, George Town,
Grand Cayman,
Cayman Islands
|
|
|
Item
2(c).
|
Citizenship:
|
|
Cayman
Islands
|
|
|
Item
2(d).
|
Title
of Class of Securities:
|
|
This statement on Schedule 13G is being filed with respect to
Common
Stock, par value $0.01 per share (the “Common Stock”), of the
Issuer.
|
|
|
Item
2(e).
|
CUSIP
Number:
|
|
217721
10 9
|
|
|
Item
3.
|
If
This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b)
or (c),
Check Whether the Person Filing is a: Not
Applicable
|
| (a) | o | Broker or dealer registered under Section 15 of the Exchange Act. |
| (b) | o | Bank as defined in Section 3(a)(6) of the Exchange Act. |
|
(c)
|
o
|
Insurance
company as defined in Section 3(a)(19) of the Exchange
Act.
|
|
(d)
|
o
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Investment
company registered under Section 8 of the Investment Company
Act.
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|
(e)
|
o
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An
investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E).
|
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(f)
|
o
|
An
employee benefit plan or endowment fund in accordance with Rule
13d-1(b)(1)(ii)(F).
|
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(g)
|
o
|
A
parent holding company or control person in accordance with Rule
13d-1(b)(1)(ii)(G).
|
|
(h)
|
o
|
A
savings association as defined in Section 3(b) of the Federal Deposit
Insurance Act.
|
|
(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.
|
| (j) |
o
|
Group, in accordance with Rule 13d-1(b)(1)(ii)(J). |
|
(i)
|
sole
power to vote or to direct the vote: 20,000,000
|
|
(ii)
|
shared
power to vote or to direct the vote: 0
|
|
(iii)
|
sole
power to dispose or to direct the disposition of:
20,000,000
|
|
(iv)
|
shared
power to dispose or to direct the disposition of:
0
|
|
November
9, 2007
(Date)
|
||
| Mars Overseas Limited | ||
| |
|
|
| /s/ Pradipkumar Dhoot | ||
|
By: Pradipkumar Dhoot |
||
| Title: Director | ||