Schedule 13G Amendment No. 2

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Schedule 13G

Amendment 2–Final

 

Under the Securities Exchange Act of 1934

 

 

TECHLABS, Inc.

(Name of Issuer)

Common Stock, .001 Par

(Title of Class of Securities)

 

 

87833L301

                                (CUSIP Number)                                

March 31, 2007

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

x Rule 13d-1(b)

¨ 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. 87833L301    

 

  1.  

NAME OF REPORTING PERSON

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (entities only)

    
   

            Knight Equity Markets, L.P., formerly Knight Securities, L.P.

            22-3660471

    
  2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  
  (a)  ¨  
    (b)  ¨    

  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
 
                  3,224
    6.    SHARED VOTING POWER
 
                  Not applicable
    7.    SOLE DISPOSITIVE POWER
 
                  3,224
    8.    SHARED DISPOSITIVE POWER
 
                  Not applicable
  9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    
                3,224    
10.   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*   ¨
         
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9  
                0.40% based on issuer’s 10-QSB filed on November 16, 2006    
12.   TYPE OF REPORTING PERSON*  
                BD    

 

ITEM 1  

(a).

    Name of Issuer      
     TECHLABS, Inc.      
ITEM 1  

(b).

    Address of Issuer’s Principal Executive Offices      
     8905 Kingston Pike, Suite 307, Knoxville, TN 37923      
ITEM 2  

(a).

    Names of Persons Filing      
     Knight Equity Markets, L.P., formerly Knight Securities, L.P.      
ITEM 2  

(b).

    Address of principal business office      
     545 Washington Blvd., 3rd Floor Jersey City, NJ 07310      
ITEM 2  

(c).

    Citizenship      
     Delaware      

ITEM 2

  

(d).

    Title of Class of Securities      
     Common Stock      

ITEM 2

  

(e).

    CUSIP Number      
     N/A      

ITEM 3.

   If this statement is filed pursuant to Rules 13d-1(b), or 13(d)-2(b), check whether the person filing it is a:   
  (a)    x    Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

ITEM 4.

   Ownership      
  (a)    Amount beneficially owned
     3,224
  (b)    Percent of class
     0.40%
  (c)   

Number of shares as to which such person has:

     (i)    sole power to vote or to direct the vote
        3,224
     (ii)    shared power to vote or to direct the vote
        Not applicable
     (iii)    sole power to dispose or to direct the disposition of
       

3,224

     (iv)   

shared power to dispose or to direct the disposition of

       

Not applicable

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 having that purpose or effect.

 

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.

      

Date: June 8, 2007

  Knight Equity Markets, L.P.
  By:   /s/ Michael Corrao
   

Michael Corrao

Director of Compliance