1. | Names of Reporting Persons: C. Silk & Sons, Inc., d/b/a Silk Investment Advisors | |
IRS Identification No.: 04-3449601 | ||
2. |
Check the Appropriate Box if a Member of a Group
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(a) [ ] | ||
(b) [ ] | ||
3. |
SEC Use Only:
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4. |
Citizenship or Place of Organization: Massachusetts
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Number of Shares Beneficially Owned as of December 31, 2014 by Each Reporting Person with: | ||
5. |
Sole Voting Power: 3,835,890
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6. |
Shared Voting Power: 0
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7. |
Sole Dispositive Power: 3,835,890
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8. |
Shared Dispositive Power: 0
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person: 3,835,890
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10. |
Check if the Aggregate Amount in Row (11) Excludes Certain Shares: [ ]
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11. |
Percent of Class Represented by Amount in Row (11): 5.9%
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12. |
Type of Reporting Person: IA
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Item 1. | ||
(a) | Name of Issuer: IPASS INC. | |
(b) | Address of Issuer’s Principal Executive Offices: 3800 BRIDGE PARKWAY, REDWOOD SHORES, CALIFORNIA 94065 |
Item 2. | ||
(a) Name of Person Filing: C. Silk & Sons, Inc., d/b/a Silk Investment Advisors | ||
(b) Address of Principal Business Office: 24 Hearthstone Drive, Medfield, MA 02052 | ||
(c) Citizenship: Incorporated under the laws of the Commonwealth of Massachusetts | ||
(d) Title of Class of Securities: Common Stock, par value $0.001 per share
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(e) CUSIP Number: 46261v108 | ||
Item 3. If this statement is filed pursuant to Sections 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
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(e) [x] An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E). | ||
Item 4. Ownership.
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Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. | ||
(a) Amount beneficially owned: 3,835,890 shares
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(b) Percent of class: 5.9%
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(c) Number of shares as to which the person has:
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(i) Sole power to vote or to direct the vote: 3,835,890 | ||
(ii) Shared power to vote or to direct the vote: 0 | ||
(iii) Sole power to dispose or to direct the disposition of: 3,835,890 | ||
(iv) Shared power to dispose or to direct the disposition of: 0 |
Date: February 4, 2015 |
C. Silk & Sons, Inc., d/b/a Silk Investment Advisors |
By /s/ Marc B. Silk |
Marc B. Silk, its President |