UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
o Rule 13d-1(b)
þ Rule 13d-1(c)
o Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting persons 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 (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).
CUSIP No. |
606710200 |
1 | NAMES OF REPORTING PERSONS Hyonmyong Cho |
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2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) |
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(a) o | |||||
(b) o | |||||
3 | SEC USE ONLY | ||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||
United States | |||||
5 | SOLE VOTING POWER | ||||
NUMBER OF | 432,431 | ||||
SHARES | 6 | SHARED VOTING POWER | |||
BENEFICIALLY | |||||
OWNED BY | 829,747 | ||||
EACH | 7 | SOLE DISPOSITIVE POWER | |||
REPORTING | |||||
PERSON | 432,431 | ||||
WITH: | 8 | SHARED DISPOSITIVE POWER | |||
829,747 | |||||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||
1,262,178 | |||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | ||||
o | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | ||||
6.9%** | |||||
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | ||||
IN |
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Item 1(a) | Name of Issuer. |
Mitek Systems, Inc. (the Issuer). |
Item 1(b) | Address of Issuers Principal Executive Offices. |
8911 Balboa Ave., Suite B |
San Diego, California 92123 |
Item 2(a) | Name of Person Filing. |
Mr. Hyonmyong Cho (the Principal). |
Item 2(b) | Address of Principal Business Office, or, if none, Residence. |
961 Paseo del Sur |
Santa Fe, New Mexico 87501 |
Item 2(c) | Citizenship or Place of Organization. |
The Principal is a United States citizen. |
Item 2(d) | Title of Class of Securities. |
Common Stock, par value $0.001 per share (Common Stock). |
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Item 2(e) | CUSIP Number. |
606710200 |
Item 3 | Reporting Person. |
This Schedule 13G is not being filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c) of
the Securities Exchange Act of 1934. |
Item 4 | Ownership. |
(a) | The Principal is the beneficial owner of 1,262,178 shares of
Common Stock of the Issuer. |
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(b) | The Principal is the beneficial owner of 6.9% of the
outstanding shares of Common Stock of the Issuer. This percentage is
determined by dividing 1,262,178 by 18,387,603, the number of shares of the
Issuers Common Stock issued and outstanding as of October 29, 2010, as
reported in the Issuers most recent Form 10-K filed on
November 16, 2010, plus 71,354 of shares related to unexercised
warrants. |
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(c) | As the principal of the Adviser, the Principal has the shared
power to direct the vote and disposition of the 829,747 shares of Common Stock
of the Issuer held by the Advisers Accounts. As the holder of the Principals
Accounts, the Principal has the sole power to direct the vote and disposition
of the 432,431 shares of Common Stock of the Issuer held by the Principals
Accounts. In total, the Principal may direct the vote and disposition of
1,262,178 shares of Common Stock of the Issuer held by the Accounts. |
Item 5 | Ownership of Five Percent or Less of a Class. |
Inapplicable. |
Item 6 | Ownership of More Than Five Percent on Behalf of Another Person. |
Inapplicable. |
Item 7 | Identification and Classification of the Subsidiary which Acquired the Security Being
Reported On by the Parent Holding Company. |
Inapplicable. |
Item 8 | Identification and Classification of Members of the Group. |
Inapplicable. |
Item 9 | Notice of Dissolution of Group. |
Inapplicable. |
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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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/s/ Hyonmyong Cho | ||||
Hyonmyong Cho | ||||
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