SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13G/A
(Amendment No.1)
INFORMATION TO BE INCLUDED IN STATEMENT FILED PURSUANT TO
RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2
Pluristem Life Systems Inc.
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(Name of Issuer)
Common Stock, par value $0.00001 per share
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(Title of Class of Securities)
72940P106
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(CUSIP Number)
June 13, 2007
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(Date of Event Which Requires Filing of this Statement)
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Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
/ / Rule 13d-1(b)
/x/ Rule 13d-1(c)
/ / Rule 13d-1(d)
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* 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 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).
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CUSIP No. 72940P106 13G/A Page 2 of 7 Pages
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY).
Wood River Trust
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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 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
- 0 -
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NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 173,306,773
OWNED BY -----------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON - 0 -
WITH: -----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
173,306,773
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
173,306,773
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
|_|
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
16.6% (1)
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12 TYPE OF REPORTING PERSON
OO
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___________________________
(1) Based upon an aggregate of approximately 1,043,306,773 shares of common
stock outstanding as of June 13, 2007.
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CUSIP No. 72940P106 13G/A Page 3 of 7 Pages
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY).
Michael C. Doyle
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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 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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5 SOLE VOTING POWER
- 0 -
-----------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 173,306,773
OWNED BY -----------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON - 0 -
WITH: -----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
173,306,773
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
173,306,773
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
|_|
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
16.6% (1)
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12 TYPE OF REPORTING PERSON
IN
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___________________________
(1) Based upon an aggregate of approximately 1,043,306,773 shares of common
stock outstanding as of June 13, 2007.
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CUSIP No. 72940P106 13G/A Page 4 of 7 Pages
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Item 1.
(a) Name of Issuer:
Pluristem Life Systems Inc.
(b) Address of Issuer's Principal Executive Offices:
MATAM Advanced Technology Park
Building No. 20
Haifa, Israel 31905
Item 2.
(a) Name of Persons Filing:
This Statement is filed on behalf of Wood River Trust and
Michael C. Doyle (the "Reporting Persons"). Mr. Doyle is the Trustee of Wood
River Trust. This Statement relates to Shares (as defined below) held by Wood
River Trust.
(b) Address of Principal Business Office, or if none, Residence:
1007 Orange St., Suite 1410
Nemours Building
Wilmington, Delaware, 19801
(c) Citizenship:
Wood River Trust is a Trust organized under the laws of the
State of Delaware.
Michael C. Doyle is a citizen of the United States of America.
(d) Title of Class of Securities:
Common Stock, par value $0.00001 per share ("Shares")
(e) CUSIP Number:
72940P106
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or
13d-2(b) or (c), check whether the person filing is a:
(a) / / Broker or dealer registered under Section 15 of the Exchange
Act.
(b) / / Bank as defined in section 3(a)(6) of the Exchange Act.
(c) / / Insurance company as defined in section 3(a)(19) of the
Exchange Act.
(d) / / Investment company registered under section 8 of the
Investment Company Act.
(e) / / An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E);
(f) / / An employee benefit plan or endowment fund in accordance with
Rule 13d-1(b)(1)(ii)(F).
(g) / / A parent holding company or control person in accordance with
Rule 13d-1(b)(1)(ii)(G).
(h) / / A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act;
(i) / / A church plan that is excluded from the definition of an
investment company under
Section 3(c)(14) of the Investment Company Act.
(j) / / Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
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CUSIP No. 72940P106 13G/A Page 5 of 7 Pages
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Item 4. Ownership
(a) Amount beneficially owned:
Wood River Trust owns 173,306,773 Shares. Mr. Doyle, as
Trustee of Wood River Trust may be deemed beneficially to own the
173,306,773 Shares owned by Wood River Trust.
(b) Percent of Class:
16.6%
(c) Number of Shares as to which the Reporting Persons have:
i. Sole power to vote or to direct to vote: 0
ii. Shared power to vote or to direct to vote:
173,306,773
iii. Sole power to dispose or to direct the disposition
of: 0
iv. Shared power to dispose or to direct the disposition
of: 173,306,773
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.
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CUSIP No. 72940P106 13G/A Page 6 of 7 Pages
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SIGNATURES
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.
Dated: August 3, 2007 WOOD RIVER TRUST
By: /s/ Michael C. Doyle
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Michael C. Doyle, Trustee
Dated: August 3, 2007 /s/ Michael C. Doyle
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Michael C. Doyle
EXHIBIT A
AGREEMENT
JOINT FILING OF SCHEDULE 13G
The undersigned hereby agree jointly to prepare and file with
regulatory authorities a Schedule 13G and any future amendments thereto
reporting each of the undersigned's beneficial ownership of securities of
Pluristem Life Systems, Inc. and hereby affirm that such Schedule 13G is being
filed on behalf of each of the undersigned.
Dated: July 26, 2007 WOOD RIVER TRUST
By: /s/ Michael C. Doyle
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Michael C. Doyle, Trustee
Dated: July 26, 2007 /s/ Michael C. Doyle
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Michael C. Doyle