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UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
PETALS DECORATIVE ACCENTS, INC.
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(Name of Issuer)
Common Stock, par value $.00001 per share
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(Title of Class of Securities)
45253M308
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(CUSIP Number)
Henry Sargent
Executive Pavilion, 90 Grove Street
Ridgefield, CT 06877
(203) 431-8300
With a copy to:
David A. Broadwin, Esq.
Foley Hoag LLP
155 Seaport Blvd.
Boston, MA 02210
(617) 832-1259
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 11, 2006
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box. [ ]
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See ss.240.13d-7 for other
parties to whom copies are sent. *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
*The information required on 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).
Persons who respond to the collection of information contained in this form are
not required to respond unless the form displays a currently valid OMB control
number.
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CUSIP No. 45253M308 13D/A
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY).
Mountain West Partners LLC*
Tax Identification Number: 20-2637141
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) |_|
(b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7 SOLE VOTING POWER
Zero (0) shares of Common Stock, $.00001 par value.
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NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY
OWNED BY -----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON Zero (0) shares of Common Stock, $.00001 par value.
WITH -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Zero (0) shares of common stock, $.00001 par value.
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) |_|
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Zero (0)
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14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO (Limited Liability Company)
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*Shares owned by Mountain West Partners LLC may be deemed to be owned by Henry
Sargent as the control person of Mountain West Partners LLC. Henry Sargent is a
Director of the Issuer.
Persons who respond to the collection of information contained in this form are
not required to respond unless the form displays a currently valid OMB control
number.
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CUSIP No. 45253M308 13D/A
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY).
Henry Sargent
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) |_|
(b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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7 SOLE VOTING POWER
Zero (0) shares of Common Stock, $.00001 par value.
-----------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY
OWNED BY -----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON Zero (0) shares of Common Stock, $.00001 par value.
WITH -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Zero (0) shares of common stock, $.00001 par value.
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) |_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Zero (0)
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14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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Persons who respond to the collection of information contained in this form are
not required to respond unless the form displays a currently valid OMB control
number.
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CUSIP No. 45253M308
Item 1. Security and Issuer
This statement of amendment on Schedule 13D/A relates to the common stock,
$.00001 par value per share ("Common Stock") of Petals Decorative Accents, Inc.
(formerly Immunotechnology Corporation), a Delaware corporation (the "Issuer").
The address of the Issuer's principal executive offices is Executive Pavilion,
90 Grove Street, Ridgefield, CT 06877.
Item 2. Identity and Background
This joint statement on Schedule 13D is being filed by Mountain West Partners
LLC and Henry Sargent, who are collectively referred to as the "Reporting
Persons." Mr. Sargent is the control person of Mountain West Partners LLC.
Information with respect to the Reporting Persons is as follows:
(1) (a) Mountain West Partners LLC
(b) The business address of Mountain West Partners LLC is Executive
Pavilion, 90 Grove Street, Ridgefield, Connecticut, 06877
(c) Mountain West Partners LLC is a private Delaware limited liability
company of which Henry Sargent is the sole member.
(d) No
(e) No
(2) (a) Henry Sargent
(b) The business address of Henry Sargent is Executive Pavilion, 90 Grove
Street, Ridgefield, Connecticut, 06877
(c) Henry Sargent is employed by Southridge Capital Management LLC.
(d) No
(e) No
(f) United States
Item 3. Source and Amount of Funds or Other Consideration
N/A
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Item 4. Purpose of Transaction
On July 31, 2006, Petals Decorative Accents LLC ("Petals LLC") entered into an
Assignment Agreement with the Mountain West Partners LLC, pursuant to which
Mountain West Partners LLC was to receive 5,700,000 shares of Common Stock in
exchange for services to be provided to Petals LLC (the "Assignment"). The
Assignment was never performed and the shares of Common Stock were never
transferred to Mountain West Partners LLC. Subsequently, on December 11, 2006
the parties entered into a Rescission Agreement, attached as Exhibit 1, to
evidence the voidance of the Assignment.
The disclosure set forth in response to Items 1 and 6 is also incorporated
herein in this section in its entirety.
Item 5. Interest in Securities of the Issuer
(a) None
(b) None
(c) None
(d) N/A
(e) N/A
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer
None
Item 7. Material to be Filed as Exhibits
Exhibit 1 Rescission of Assignment Agreement by and between Petals Decorative
Accents LLC and Mountain West Partners LLC, dated December 11, 2006.
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CUSIP No. 45253M308
Signature
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.
MOUNTAIN WEST PARTNERS LLC
By: /s/ Henry Sargent
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Manager
By: /s/ Henry Sargent
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Henry Sargent
Dated: December 11, 2006
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