<SEC-DOCUMENT>0001213900-16-019251.txt : 20161208
<SEC-HEADER>0001213900-16-019251.hdr.sgml : 20161208
<ACCEPTANCE-DATETIME>20161208155523
ACCESSION NUMBER:		0001213900-16-019251
CONFORMED SUBMISSION TYPE:	SC 13D
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20161208
DATE AS OF CHANGE:		20161208

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Microbot Medical Inc.
		CENTRAL INDEX KEY:			0000883975
		STANDARD INDUSTRIAL CLASSIFICATION:	BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836]
		IRS NUMBER:				943078125
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-42389
		FILM NUMBER:		162041414

	BUSINESS ADDRESS:	
		STREET 1:		175 DERBY ST. 27/1
		STREET 2:		.
		CITY:			HINGHAM
		STATE:			MA
		ZIP:			02043
		BUSINESS PHONE:		908-938-5561

	MAIL ADDRESS:	
		STREET 1:		175 DERBY ST. 27/1
		STREET 2:		.
		CITY:			HINGHAM
		STATE:			MA
		ZIP:			02043

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	STEMCELLS INC
		DATE OF NAME CHANGE:	20000524

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CYTOTHERAPEUTICS INC/DE
		DATE OF NAME CHANGE:	19930328

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ALPHA CAPITAL ANSTALT
		CENTRAL INDEX KEY:			0001140358
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		SC 13D

	BUSINESS ADDRESS:	
		STREET 1:		PRADAFAUT 7
		STREET 2:		FURSTENTUMS 1490
		CITY:			VADUZ LIECHTENSTEIN
		STATE:			C4
		ZIP:			99999
		BUSINESS PHONE:		0114232376363

	MAIL ADDRESS:	
		STREET 1:		PRADAFAUT 7
		STREET 2:		FURSTENTUMS 1490
		CITY:			VADUZ LIECHTENSTEIN
		STATE:			C4
		ZIP:			99999

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ALPHA CAPITAL AKTIENGESELLSCHAFT
		DATE OF NAME CHANGE:	20010510
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D
<SEQUENCE>1
<FILENAME>sc13d1216alpha_microbot.htm
<DESCRIPTION>SCHEDULE 13D
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin-top: 0; text-align: center; margin-bottom: 0"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 0; margin-bottom: 0"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>SECURITIES
AND EXCHANGE COMMISSION</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WASHINGTON,
D.C. 20549</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>SCHEDULE
13D</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>(Amendment
No. ___)</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>(RULE
13D-101)</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>INFORMATION
TO BE INCLUDED IN STATEMENTS FILED PURSUANT</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>TO
RULE 13D-1(A) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(A)</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Microbot
Medical, Inc.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f/k/a
StemCells, Inc.)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>(NAME
OF ISSUER)</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">COMMON
STOCK</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>(TITLE
OF CLASS OF SECURITIES)</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>(CUSIP
NUMBER)</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Alpha
Capital Anstalt</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Lettstrasse
32</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9490
Vaduz, Liechtenstein</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">011-423-2323195</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>NAME,
ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>TO
RECEIVE NOTICES AND COMMUNICATIONS)</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">November
28, 2016</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>(DATE
OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT)</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>IF
THE FILING PERSON HAS PREVIOUSLY FILED A STATEMENT ON SCHEDULE 13G TO REPORT THE ACQUISITION WHICH 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 &#9744;.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>NOTE:
SCHEDULES FILED IN PAPER FORMAT SHALL INCLUDE A SIGNED ORIGINAL AND FIVE COPIES OF THE SCHEDULE, INCLUDING ALL EXHIBITS. SEE RULE
240.13D-7 FOR OTHER PARTIES TO WHOM COPIES ARE TO BE SENT.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>*
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.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>THE
INFORMATION REQUIRED ON THE REMAINDER OF THIS COVER PAGE SHALL NOT BE DEEMED TO BE &quot;FILED&quot; FOR THE PURPOSE OF
SECTION 18 OF THE SECURITIES EXCHANGE ACT OF 1934 (&quot;ACT&quot;) 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</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>NOTES).</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B></B></FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 0; margin-bottom: 0"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; border-bottom: Black 2pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>


<!-- Field: Page; Sequence: 1; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>SCHEDULE
13D</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>CUSIP
NO: </B></FONT></P>
  <P STYLE="line-height: 10pt; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="line-height: 1pt; margin-top: 0pt; margin-bottom: 0pt"></P>
<TABLE CELLSPACING="0" CELLPADDING="0" BORDER="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman">


<TR>
<TD STYLE="width: 3%"></TD>
<TD STYLE="vertical-align: bottom; width: 1%"></TD>
<TD STYLE="width: 5%"></TD>
<TD STYLE="vertical-align: bottom; width: 1%"></TD>
<TD STYLE="width: 2%"></TD>
<TD STYLE="vertical-align: bottom; width: 1%"></TD>
<TD STYLE="width: 87%"></TD></TR>


<TR STYLE="font: 12pt Times New Roman">
<TD STYLE="vertical-align: top; border-left: #000000 1px solid; border-top: #000000 1px solid; border-bottom: #000000 1px solid; padding-left: 8pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>(1)</B></FONT></TD>
<TD STYLE="vertical-align: bottom; border-left: #000000 1px solid; border-top: #000000 1px solid; border-bottom: #000000 1px solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
<TD VALIGN="TOP" COLSPAN="5" STYLE="border-top: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 1px solid; padding-right: 8pt"><P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>NAME
                                         OF REPORTING PERSON</B></FONT></P>
                                                                                                                                                      <P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>I.R.S.
                                         IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)&nbsp;</B></FONT></P> <P STYLE="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P> <P STYLE="margin-top: 0pt; margin-bottom: 1pt; font: 12pt Times New Roman"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Alpha Capital Anstalt</P>



<P STYLE="margin-top: 0pt; margin-bottom: 1pt; font: 12pt Times New Roman"></P></TD></TR>
<TR STYLE="font: 10pt Times New Roman">
<TD STYLE="vertical-align: top; border-left: #000000 1px solid; border-bottom: #000000 1px solid; padding-left: 8pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>(2)</B></FONT></TD>
<TD STYLE="vertical-align: bottom; border-left: #000000 1px solid; border-bottom: #000000 1px solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="TOP" COLSPAN="5" STYLE="border-right: #000000 1px solid; border-bottom: #000000 1px solid; padding-right: 8pt"><P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>CHECK
                                         THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)</B></FONT></P>
                                                                                                                        <P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman; text-align: right"></P>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>(A)&nbsp;&nbsp;&#9744;<BR>
(B)&nbsp;&nbsp;&#9744;</B></FONT></P></TD></TR>
<TR STYLE="font: 12pt Times New Roman">
<TD STYLE="vertical-align: top; border-left: #000000 1px solid; border-bottom: #000000 1px solid; padding-left: 8pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>(3)</B></FONT></TD>
<TD STYLE="vertical-align: bottom; border-left: #000000 1px solid; border-bottom: #000000 1px solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="TOP" COLSPAN="5" STYLE="border-right: #000000 1px solid; border-bottom: #000000 1px solid; padding-right: 8pt"><P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>SEC
                                         USE ONLY</B></FONT></P>
<P STYLE="font-size: 12pt; margin-top: 0pt; margin-bottom: 1pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></P></TD></TR>
<TR STYLE="font: 12pt Times New Roman">
<TD STYLE="vertical-align: top; border-left: #000000 1px solid; border-bottom: #000000 1px solid; padding-left: 8pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>(4)</B></FONT></TD>
<TD STYLE="vertical-align: bottom; border-left: #000000 1px solid; border-bottom: #000000 1px solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
<TD VALIGN="TOP" COLSPAN="5" STYLE="border-right: #000000 1px solid; border-bottom: #000000 1px solid; padding-right: 8pt"><P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>SOURCE
                                         OF FUNDS (SEE INSTRUCTIONS)</B></FONT></P>
<P STYLE="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P> <P STYLE="margin-top: 0pt; margin-bottom: 1pt; font: 12pt Times New Roman"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">WC
and OO</FONT></P></TD></TR>
<TR STYLE="font: 12pt Times New Roman">
<TD STYLE="vertical-align: top; border-left: #000000 1px solid; border-bottom: #000000 1px solid; padding-left: 8pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>(5)</B></FONT></TD>
<TD STYLE="vertical-align: bottom; border-left: #000000 1px solid; border-bottom: #000000 1px solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="TOP" COLSPAN="5" STYLE="border-right: #000000 1px solid; border-bottom: #000000 1px solid; padding-right: 8pt"><P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CHECK
IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT><B>&#9744;&nbsp;</B></P>
                                                                                                                        <P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman"><B>&nbsp;</B></P>
                                                                                                                        <P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman; text-align: right"></P></TD></TR>
<TR STYLE="font: 12pt Times New Roman">
<TD STYLE="vertical-align: top; border-left: #000000 1px solid; border-bottom: #000000 1px solid; padding-left: 8pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>(6)</B></FONT></TD>
<TD STYLE="vertical-align: bottom; border-left: #000000 1px solid; border-bottom: #000000 1px solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
<TD VALIGN="TOP" COLSPAN="5" STYLE="border-right: #000000 1px solid; border-bottom: #000000 1px solid; padding-right: 8pt"><P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>CITIZENSHIP
                                         OR PLACE OF ORGANIZATION</B></FONT></P> <P STYLE="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P> <P STYLE="margin-top: 0pt; margin-bottom: 1pt; font: 12pt Times New Roman"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Liechtenstein</FONT></P></TD></TR>
<TR STYLE="font: 12pt Times New Roman">
<TD VALIGN="MIDDLE" COLSPAN="3" ROWSPAN="4" STYLE="border-left: #000000 1px solid; padding-left: 8pt"><P ALIGN="CENTER" STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>NUMBER&nbsp;OF</B></FONT></P>
<P ALIGN="CENTER" STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>SHARES</B></FONT></P> <P ALIGN="CENTER" STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>BENEFICIALLY</B></FONT></P>
<P ALIGN="CENTER" STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>OWNED&nbsp;BY</B></FONT></P> <P ALIGN="CENTER" STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>EACH</B></FONT></P>
<P ALIGN="CENTER" STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>REPORTING</B></FONT></P> <P ALIGN="CENTER" STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>PERSON</B></FONT></P>
<P ALIGN="CENTER" STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>WITH</B></FONT></P> <P ALIGN="LEFT" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 1pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P></TD>
<TD STYLE="vertical-align: bottom; border-left: #000000 1px solid; border-bottom: #000000 1px solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD>
<TD STYLE="vertical-align: top; border-bottom: #000000 1px solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&nbsp;&nbsp;(7)&nbsp;</B></FONT></TD>
<TD STYLE="vertical-align: bottom; border-left: #000000 1px solid; border-bottom: #000000 1px solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD>
<TD STYLE="vertical-align: top; border-right: #000000 1px solid; border-bottom: #000000 1px solid; padding-right: 8pt"><P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>SOLE
VOTING POWER &ndash;</B> 9,753,549 * / 1,299,476 * </FONT><BR>
See Item 3 below&nbsp;</P>
                                                                                                                       <P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman">&nbsp;</P></TD></TR>
<TR STYLE="font: 12pt Times New Roman">
<TD STYLE="vertical-align: bottom; border-left: #000000 1px solid; border-bottom: #000000 1px solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD>
<TD STYLE="vertical-align: top; border-bottom: #000000 1px solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&nbsp;&nbsp;(8)</B></FONT></TD>
<TD STYLE="vertical-align: bottom; border-left: #000000 1px solid; border-bottom: #000000 1px solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD>
<TD STYLE="vertical-align: top; border-right: #000000 1px solid; border-bottom: #000000 1px solid; padding-right: 8pt"><P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>SHARED
                                         VOTING POWER &ndash;</B> 0</FONT></P>
                                                                                                                       <P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman">&nbsp;</P></TD></TR>
<TR STYLE="font: 12pt Times New Roman">
<TD STYLE="vertical-align: bottom; border-left: #000000 1px solid; border-bottom: #000000 1px solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD>
<TD STYLE="vertical-align: top; border-bottom: #000000 1px solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&nbsp;&nbsp;(9)</B></FONT></TD>
<TD STYLE="vertical-align: bottom; border-left: #000000 1px solid; border-bottom: #000000 1px solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD>
<TD STYLE="vertical-align: top; border-right: #000000 1px solid; border-bottom: #000000 1px solid; padding-right: 8pt"><P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>SOLE
DISPOSITIVE POWER &ndash;</B> 9,753,549 * / 1,299,476 *&nbsp; <BR>
See Item 3 below&nbsp;</FONT></P>
                                                                                                                       <P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman">&nbsp;</P></TD></TR>
<TR STYLE="font: 12pt Times New Roman">
<TD STYLE="vertical-align: bottom; border-left: #000000 1px solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD>
<TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>(10)</B></FONT></TD>
<TD STYLE="vertical-align: bottom; border-left: #000000 1px solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD>
<TD STYLE="vertical-align: top; border-right: #000000 1px solid; padding-right: 8pt"><P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>SHARED
                                         DISPOSITIVE POWER &ndash;</B> 0</FONT></P>
                                                                                     <P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman">&nbsp;</P></TD></TR>
<TR STYLE="font: 12pt Times New Roman">
<TD STYLE="vertical-align: top; border-left: #000000 1px solid; border-top: #000000 1px solid; border-bottom: #000000 1px solid; padding-left: 8pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>(11)</B></FONT></TD>
<TD STYLE="vertical-align: bottom; border-left: #000000 1px solid; border-top: #000000 1px solid; border-bottom: #000000 1px solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
<TD VALIGN="TOP" COLSPAN="5" STYLE="border-top: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 1px solid; padding-right: 8pt"><P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON &ndash;</B> 9,753,549 * / 1,299,476 * </FONT><BR>
<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">See Item 3 below&nbsp;</FONT>&nbsp;</P></TD></TR>
<TR STYLE="font: 12pt Times New Roman">
<TD STYLE="vertical-align: top; border-left: #000000 1px solid; border-bottom: #000000 1px solid; padding-left: 8pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>(12)</B></FONT></TD>
<TD STYLE="vertical-align: bottom; border-left: #000000 1px solid; border-bottom: #000000 1px solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
<TD VALIGN="TOP" COLSPAN="5" STYLE="border-right: #000000 1px solid; border-bottom: #000000 1px solid; padding-right: 8pt"><P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>CHECK
                                                                                                                           BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
                                                                                                                           INSTRUCTIONS)&nbsp;&nbsp;&nbsp;&nbsp;&#9744;</B></FONT></P>
                                                                                                                           <P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">See Item 3 below *&nbsp;</P></TD></TR>
<TR STYLE="font: 12pt Times New Roman">
<TD STYLE="vertical-align: top; border-left: #000000 1px solid; border-bottom: #000000 1px solid; padding-left: 8pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>(13)</B></FONT></TD>
<TD STYLE="vertical-align: bottom; border-left: #000000 1px solid; border-bottom: #000000 1px solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
<TD VALIGN="TOP" COLSPAN="5" STYLE="border-right: #000000 1px solid; border-bottom: #000000 1px solid; padding-right: 8pt"><P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>PERCENT
                                         OF CLASS REPRESENTED BY AMOUNT IN ROW (11)&nbsp;</B></FONT></P> <P STYLE="margin-top: 0pt; margin-bottom: 1pt; font: 12pt Times New Roman"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">26.90%*
(based on 36,254,240 shares outstanding) <B>Reporting Person&rsquo;s ownership is now 4.9%*</B> (based on 26,519,923 total of
outstanding shares of common stock following surrender of shares pursuant to the Right to Shares Agreement) <B>See Item 3 below</B></FONT></P>



<P STYLE="margin-top: 0pt; margin-bottom: 1pt; font: 12pt Times New Roman"></P></TD></TR>
<TR STYLE="font: 12pt Times New Roman">
<TD STYLE="vertical-align: top; border-left: #000000 1px solid; border-bottom: #000000 1px solid; padding-left: 8pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>(14)</B></FONT></TD>
<TD STYLE="vertical-align: bottom; border-left: #000000 1px solid; border-bottom: #000000 1px solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
<TD VALIGN="TOP" COLSPAN="5" STYLE="border-right: #000000 1px solid; border-bottom: #000000 1px solid; padding-right: 8pt"><P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>TYPE
                                         OF REPORTING PERSON (SEE INSTRUCTIONS)</B></FONT></P> <P STYLE="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P> <P STYLE="margin-top: 0pt; margin-bottom: 1pt; font: 12pt Times New Roman"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">CO</FONT></P></TD></TR>
</TABLE> <P STYLE="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>
<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="border-collapse: collapse; font: 10pt Times New Roman">
<TR>
<TD WIDTH="2%" VALIGN="TOP" ALIGN="LEFT"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">*</FONT></TD>
<TD ALIGN="LEFT" VALIGN="TOP"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
                              number of shares owned by Alpha Capital Anstalt (&ldquo;Alpha&rdquo;) does not include any shares
                              issued to Lane Ventures Inc., a consultant of the Issuer. Alpha disclaims beneficial ownership of
                              any of the shares issued to Lane Ventures Inc.</FONT></P>


</TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>SCHEDULE
13D</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CUSIP
NO: </B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.6in; padding: 0; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ITEM 1.</B></FONT></TD>
    <TD STYLE="padding: 0; text-indent: 0"><B>SECURITY AND ISSUER.</B></TD></TR>
</TABLE>





<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.6in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Common
Stock, par value $.01 per share</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.6in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Microbot
Medical, Inc. (f/k/a StemCells, Inc.)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.6in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5
HaMada Street., Yokneam 2069204, Israel</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.6in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ITEM</B></FONT><B> 2.</B></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>IDENTITY AND BACKGROUND.</B></FONT></TD></TR>
</TABLE>





<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.6in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Alpha
Capital Anstalt</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.6in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Lettstrasse
32</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.6in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9490
Vaduz, Liechtenstein</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.6in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Citizenship
- Liechtenstein</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.6in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ITEM 3.</B></FONT></TD>
    <TD><B>SOURCE <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.</FONT></B></TD></TR>
</TABLE>





<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.6in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pursuant
to a merger agreement effective as of November 28, 2016, Alpha Capital Anstalt (&ldquo;Alpha&rdquo;) was issued 9,753,549 shares
of common stock, which immediately following the merger were surrendered by Alpha to the Issuer pursuant to the terms of a Right
to Shares Agreement. The Right to Shares Agreement contains a 4.99% &ldquo;blocker&rdquo; provision designed to prevent Alpha
from being a beneficial owner of more than 4.99% of the Issuer&rsquo;s Common Stock. Additionally, in connection with the merger,
Alpha exchanged a non-convertible note for a convertible debenture also containing a 4.99% &ldquo;blocker&rdquo; provision.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.6in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ITEM 4.</B></FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>PURPOSE OF TRANSACTION.</B></FONT></TD></TR>
</TABLE>





<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.6in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">See
Item 3 above.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.6in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ITEM 5.</B></FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>INTEREST IN SECURITIES OF THE ISSUER.</B></FONT></TD></TR>
</TABLE>





<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.6in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9,753,549
Shares, 26.90% * / 1,299,476 * <B>The Reporting Person&rsquo;s ownership is now 4.9% *.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.6in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>See
Item 3 above</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; width: 0.6in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ITEM
    6.</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS, OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER.</B></FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.6in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">None.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.6in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ITEM 7.</B></FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>MATERIALS TO BE FILED AS EXHIBITS.</B></FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.6in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">None.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>SCHEDULE
13D</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CUSIP
NO: </B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>SIGNATURE</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>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.</B></FONT></P>

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    <TD STYLE="padding: 0 0 1.5pt; font: 10pt Times New Roman, Times, Serif; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>DATED:
    12/8/16</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-top: 0; padding-right: 0; border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; padding-left: 0; text-indent: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>/S/ Konrad Ackermann</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Alpha Capital Anstalt</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0; width: 60%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0; width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>By:</B></FONT></TD>
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0; width: 36%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Konrad
    Ackermann, Director</B></FONT></TD></TR>
</TABLE>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">4</FONT></P>

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