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SCHEDULE
13G
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CUSIP
NO. 655555 10
0
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Page 2
of
6 pages
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1.
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Name
of Reporting Persons AURAMET
TRADING, LLC
I.R.S.
Identification No. of above persons (entities
only)
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2.
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Check
the Appropriate Box if a Member of a Group
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(a)
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o
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(b)
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o
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| 3. |
SEC
Use Only
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| 4. |
Citizenship
or Place of Organization
Delaware
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
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5. Sole
Voting Power: 2,381,410
(See Item 4(a))
6. Shared
Voting
Power: 0
7. Sole
Dispositive
Power: 2,381,410 (See
Item 4(a))
8. Shared Dispositive Power:
0
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| 9. |
Aggregate
Amount Beneficially Owned by Each Reporting Person
2,381,410 (See Item 4(a))
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| 10. |
Check Box if the Aggregate Amount
in Row (9) Excludes
Certain Shares
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o
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| 11. |
Percent
of Class Represented by Amount in Row (9)
7.04% (See
Item 4(b))
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| 12. |
Type
of Reporting Person
OO
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SCHEDULE
13G
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CUSIP
NO. 655555 10
0
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Page 3
of 6
pages
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| Item 1(a). |
Name
of Issuer:
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| Item 1(b). |
Address
of Issuer's Principal Executive
Offices:
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| Item 2(a). |
Name
of Person Filing:
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| Item 2(b). |
Address
of Principal Business Office or, if none,
Residence:
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| Item 2(c). |
Citizenship:
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| Item 2(d). |
Title
of Class of Securities:
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| Item 2(e). |
CUSIP
Number:
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| 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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| (a) |
o
Broker
or Dealer
registered under section 15 of the Act (15 U.S.C.
78o);
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| (b) |
o
Bank
as defined in
section 3(a)(6) of the Act (15 U.S.C.
78c);
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| (c) |
o
Insurance
company as
defined in section 3(a)(19) of the Act (15 U.S.C.
78c);
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| (d) |
o
Investment
company
registered under section 8 of the Investment Company Act of 1940
(15
U.S.C.
80a-8);
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| (e) |
o
An
investment adviser
in accordance with section
240.13d-1(b)(1)(ii)(E);
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SCHEDULE
13G
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CUSIP
NO. 655555 10
0
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Page 4
of 6
pages
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| (f) |
o An
employee benefit plan
or endowment fund in accordance with section 240.13d-1(b)(1)(ii)(F);
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| (g) |
o A
parent holding company
or control person in accordance with section 240.13d-1(b)(1)(ii)(G);
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| (h) |
o A
savings association as
defined in Section 3(b) of the Federal Deposit Insurance Act (12
U.S.C.
1813);
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| (i) |
o A
church plan that is
excluded from the definition of an investment company under section
3(c)(14)
of the Investment Company Act of 1940 (15 U.S.C.
80a-3);
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| (j) |
o Group,
in accordance with
section 240.13d-1(b)(1)(ii)(J).
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| Item 4. |
Ownership.
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| (a) |
Amount
beneficially owned:
As
of the date of this Amendment to Schedule 13G, the amount of
the Issuer’s
Common Stock beneficially owned by the Reporting Person is
2,381,410
shares calculated as follows: (a) 1,600,000 shares of Common
Stock were
purchased by the Reporting Person in a private purchase on
March 31, 2006
from Summo USA Corporation for an aggregate cash purchase price
of
$696,000 pursuant to an agreement dated March 27, 2006; (b)
250,000 shares
of Common Stock may be acquired by the Reporting Person by
exercise of
warrants exercisable on or before October 17, 2007 at an exercise
price of
$0.56 per share; (c) 256,410 shares of Common Stock may be
acquired by the
Reporting Person by exercise of warrants exercisable on or
before April
17, 2008, at an exercise price of $0.56 per share; (d) 25,000
shares of
Common Stock may be acquired by the Reporting Person by exercise
of
warrants exercisable on or before May 15, 2008, at an exercise
price of
$1.10 per share; and (e) 250,000 shares of Common Stock may
be acquired by
the Reporting Person by exercise of warrants exercisable on
or before May
31, 2008, at an exercise price of $1.15 per
share.
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| (b) |
Percent
of class:
The
Common Stock beneficially owned by the
Reporting Person constitutes approximately 7.04% of the issued
and
outstanding Common Stock, based on 33,843,043 shares of Common
Stock
outstanding, as reported in the Issuer’s 10-QSB for the quarter ended
March 31, 2006, filed with the Commission on May 15,
2006.
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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: 2,381,410
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| (ii) |
Shared
power to vote or to direct the
vote: 0
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| (iii) |
Sole
power to dispose or to direct the disposition of:
2,381,410
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| (iv) |
Shared
power to dispose or to direct the disposition of:
0
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SCHEDULE
13G
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CUSIP
NO. 655555 10
0
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Page 5
of 6
pages
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SCHEDULE
13G
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CUSIP
NO. 655555 10
0
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Page 6
of 6
pages
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| AURAMET TRADING, LLC | ||
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| Date: June 1, 2006 | By: | /s/ Justin Sullivan |
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Justin
Sullivan
Chief Operating
Officer
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