Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Renova Media Enterprises Ltd.
  2. Issuer Name and Ticker or Trading Symbol
MOSCOW CABLECOM CORP [MOCC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
P.O. BOX N-7755
3. Date of Earliest Transaction (Month/Day/Year)
07/19/2007
(Street)

NASSAU, BAHAMAS 
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock (1) 07/19/2007   C   7,300,000 A (2) 10,675,084 D  
Common Stock (3) 07/19/2007   J(3)   30,705,422 A (4) 30,705,422 D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants to purchase Series B Convertible Preferred Stock $ 5 07/19/2007   X     2,800,000 01/13/2005 01/13/2010 Series B Convertible Preferred Stock 2,800,000 (5) 5,483,000 D  
Series B Convertible Preferred Stock (6) (2) 07/19/2007   X   2,800,000   07/19/2007   (2) Common Stock 2,800,000 $ 5 7,300,000 D  
Series B Convertible Preferred Stock (2) 07/19/2007   C     7,300,000 07/19/2007   (2) Common Stock 7,300,000 $ 5 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Renova Media Enterprises Ltd.
P.O. BOX N-7755
NASSAU, BAHAMAS 
    X    

Signatures

 /s/ Evgenia Loewe, by power of attorney   07/20/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Issued prior to the merger (the "Merger") contemplated by the Agreement and Plan of Merger dated February 21, 2007 by and among Renova Media Enterprises Ltd. ("RME"), the Issuer and Galaxy Merger Sub Corporation, RME's wholly-owned subsidiary the Merger, upon conversion of shares of Series B Convertible Preferred Stock of the Issuer previously held by RME and held as a result of the partial exercise of warrants to purchase Series B Convertible Preferred Stock as described in footnote (6), below.
(2) Each one share of Series B Convertible Preferred Stock is convertible at the election of the holder into one share of Common Stock of the Issuer for no additional consideration for so long as such share of Series B Convertible Preferred Stock is outstanding.
(3) Issued in connection with the conversion of 1,000 shares of Galaxy Merger Sub Corporation held by RME into 30,705,422 shares of the Issuer as the surviving corporation of the Merger.
(4) At the closing of the Merger, RME paid to the paying agent for the Merger for distribution to stockholders of the Issuer other than RME $12.90 per share of Common Stock of the Issuer and $39.4095 per share of Series A Cumulative Convertible Preferred Stock of the Issuer to obtain all of the outstanding equity securities of the Issuer that RME did not own immediately prior to the closing of the Merger. The Common Stock of the Issuer held by RME at the closing of the Merger was cancelled in connection with the Merger for no consideration.
(5) Acquired in connection with the Series B Convertible Preferred Stock Subscription Agreement between the Issuer and RME dated August 26, 2004.
(6) Issued prior to the Merger upon partial exercise of warrants to purchase Series B Convertible Preferred Stock of the Issuer previously held by the RME.

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