Edgar Filing: LITHIUM TECHNOLOGY CORP

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â Borst Cornelis J.M.

2. Date of Event Requiring Statement (Month/Day/Year)
04/28/2008

3. Issuer Name and Ticker or Trading Symbol
LITHIUM TECHNOLOGY CORP [LTHU]

(Last)

(First)

(Middle)

BOKSHEIDE 20

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	__X__ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

EERSEL,Â P7Â 5521 PM

6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	20,750,000	D ⁽¹⁾	Â
Common Stock	105,000	I ⁽²⁾	See footnote. ⁽³⁾
Common Stock	105,000	D ⁽⁴⁾	Â
Common Stock	610,000	D ⁽⁵⁾	Â
Common Stock	250,000	I ⁽⁶⁾	See footnote. ⁽⁷⁾
Common Stock	250,000	D ⁽⁸⁾	Â
Common Stock	2,390,000	D ⁽⁹⁾	Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Series C Convertible Preferred Stock	Â ⁽¹⁰⁾	Â ⁽¹¹⁾	Common Stock	36,214,000	$ ⁽¹⁰⁾	D ⁽¹²⁾	Â
Series C Convertible Preferred Stock	Â ⁽¹⁰⁾	Â ⁽¹¹⁾	Common Stock	11,250,000	$ ⁽¹⁰⁾	D ⁽¹³⁾	Â
Right to Receive Common Stock	Â ⁽¹⁴⁾	Â ⁽¹¹⁾	Common Stock	1,500,000	$ ⁽¹⁵⁾	I ⁽¹⁶⁾	See footnote. ⁽¹⁷⁾
Series C Convertible Preferred Stock	Â ⁽¹⁰⁾	Â ⁽¹¹⁾	Common Stock	14,000,000	$ ⁽¹⁰⁾	I ⁽¹⁸⁾	See footnote. ⁽¹⁹⁾
Series C Convertible Preferred Stock	Â ⁽¹⁰⁾	Â ⁽¹¹⁾	Common Stock	14,000,000	$ ⁽¹⁰⁾	D ⁽²⁰⁾	Â
Series C Convertible Preferred Stock	Â ⁽¹⁰⁾	Â ⁽¹¹⁾	Common Stock	5,224,700	$ ⁽¹⁰⁾	D ⁽²¹⁾	Â
Series C Convertible Preferred Stock	Â ⁽¹⁰⁾	Â ⁽¹¹⁾	Common Stock	11,983,525	$ ⁽¹⁰⁾	D ⁽²²⁾	Â
Series C Convertible Preferred Stock	Â ⁽¹⁰⁾	Â ⁽¹¹⁾	Commmon Stock	4,683,150	$ ⁽¹⁰⁾	D ⁽²³⁾	Â
Series C Convertible Preferred Stock	Â ⁽¹⁰⁾	Â ⁽¹¹⁾	Common Stock	16,666,675	$ ⁽¹⁰⁾	I ⁽²⁴⁾	See footnote. ⁽²⁵⁾
Series C Convertible Preferred Stock	Â ⁽¹⁰⁾	Â ⁽¹¹⁾	Common Stock	16,666,675	$ ⁽¹⁰⁾	D ⁽²⁶⁾	Â
Series C Convertible Preferred Stock	Â ⁽¹⁰⁾	Â ⁽¹¹⁾	Common Stock	61,250,000	$ ⁽¹⁰⁾	D ⁽²⁷⁾	Â
Series C Convertible Preferred Stock	Â ⁽¹⁰⁾	Â ⁽¹¹⁾	Common Stock	27,672,475	$ ⁽¹⁰⁾	I ⁽²⁸⁾	See footnote. ⁽²⁹⁾
Series C Convertible Preferred Stock	Â ⁽¹⁰⁾	Â ⁽¹¹⁾	Common Stock	27,672,475	$ ⁽¹⁰⁾	D ⁽³⁰⁾	Â
Series C Convertible Preferred Stock	Â ⁽¹⁰⁾	Â ⁽¹¹⁾	Common Stock	6,244,200	$ ⁽¹⁰⁾	I ⁽³¹⁾	See footnote. ⁽³²⁾
Series C Convertible Preferred Stock	Â ⁽¹⁰⁾	Â ⁽¹¹⁾	Common Stock	6,244,200	$ ⁽¹⁰⁾	D ⁽³³⁾	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Borst Cornelis J.M. BOKSHEIDE 20 EERSEL,Â P7Â 5521 PM	Â	Â X	Â	Â
Bakhuizen Bauke TORENLAAN 19 BAARN,Â P7Â 3742 CR	Â	Â X	Â	Â
Bover B.V. BOKSHEIDE 20 EERSEL,Â P7Â 5521 PM	Â	Â X	Â	Â
de Leeuw Benno J.G. LEUNWEG 13 ENGELEN,Â P7Â 5221 BC	Â	Â X	Â	Â
Benno de Leeuw Holding B.V. LEUNWEG 13 ENGELEN,Â P7Â 5221 BC	Â	Â X	Â	Â
du Chatenier Robert L.O. VALKEVEENSELAAN 60 NAARDEN,Â P7Â 1411 GT	Â	Â X	Â	Â
Chadmin B.V. VALKEVEENSELAAN 60 NAARDEN,Â P7Â 1411 GT	Â	Â X	Â	Â
Heerschap J.F.G.M. HEVERSTRAAT 8 ROGGEL,Â P7Â 6088 BH	Â	Â X	Â	Â
Meeuwis Cornelis L.M. ULVENHOUTSELAAN 2 BREDA,Â P7Â 4835 MC	Â	Â X	Â	Â
Dreamweaver B.V. ULVENHOUTSELAAN 2 BREDA,Â P7Â 4835 MC	Â	Â X	Â	Â

Signatures

/s/ Cornelis J.M. Borst		05/30/2008
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	These shares are owned directly by Cornelis J.M. Borst. All other Reporting Owners disclaim beneficial ownership of these shares.
(2)	These shares are owned indirectly by Benno J.G. de Leeuw. All other Reporting Owners (other than Benno de Leeuw Holding B.V., a Netherlands corporation wholly-owned by Benno J.G. de Leeuw) disclaim beneficial ownership of these shares.
(3)	Held by Benno de Leeuw Holding B.V.
(4)	These shares are owned directly by Benno de Leeuw Holding B.V. All other Reporting Owners (other than Benno J.G. de Leeuw) disclaim beneficial ownership of these shares.
(5)	These shares are owned directly by Robert L.O. du Chatenier. All other Reporting Owners disclaim beneficial ownership of these shares.
(6)	These shares are owned indirectly by Robert L.O. du Chatenier. All other Reporting Owners (other than Chadmin B.V., a Netherlands corporation wholly-owned by Robert L.O. du Chatenier) disclaim beneficial ownership of these shares.
(7)	Held by Chadmin B.V.
(8)	These shares are owned directly by Chadmin B.V. All other Reporting Owners (other than Robert L.O. du Chatenier) disclaim beneficial ownership of these shares.
(9)	These shares are owned directly by Cornelis L.M. Meeuwis. All other Reporting Owners disclaim beneficial ownership of these shares.
(10)	Each share of the Series C Preferred Stock will be convertible at the option of the holder thereof into 2,500 shares of Common Stock, at any time or from time to time following the authorization and reservation of a sufficient number of shares of Common Stock, and each share of the Series C Preferred Stock will automatically be converted into 2,500 shares of Common Stock ninety days following the authorization and reservation of a sufficient number of shares of Common Stock.
(11)	No expiration date.
(12)	These shares are owned directly by Bauke Bakhuizen. All other Reporting Owners disclaim beneficial ownership of these shares.
(13)	These shares are owned directly by Cornelis J.M. Borst. All other Reporting Owners disclaim beneficial ownership of these shares.
(14)	None.
(15)	Right to receive 1,500,000 shares of Common Stock.
(16)	These shares are owned indirectly by Cornelis J.M. Borst. All other Reporting Owners disclaim beneficial ownership of these shares.
(17)	Right to receive from Stichting Gemeenschappelijk Bezit LTC, a foundation organized under the laws of the Netherlands.
(18)	These shares are owned indirectly by Cornelis J.M. Borst. All other Reporting Owners (other than Bover B.V., a Netherlands corporation wholly-owned by Cornelis J.M. Borst) disclaim beneficial ownership of these shares. These shares were acquired on May 8, 2008.
(19)	Held by Bover B.V.
(20)	These shares are owned directly by Bover B.V. All other Reporting Owners (other than Cornelis J.M. Borst) disclaim beneficial ownership of these shares. These shares were acquired on May 8, 2008.
(21)	These shares are owned directly by Benno J.G. de Leeuw. All other Reporting Owners disclaim beneficial ownership of these shares.
(22)	These shares are owned directly by Robert L.O. du Chatenier. All other Reporting Owners disclaim beneficial ownership of these shares.
(23)	These shares are registered in the name of Robert L.O. du Chatenier, and beneficially owned by the minor children of Robert L.O. du Chatenier. All Reporting Owners (other than Robert L.O. du Chatenier) disclaim beneficial ownership of these shares.
(24)	These shares are owned indirectly by Robert L.O. du Chatenier. All other Reporting Owners (other than Chadmin B.V.) disclaim beneficial ownership of these shares.
(25)	Held by Chadmin B.V.
(26)	These shares are owned directly by Chadmin B.V. All other Reporting Owners (other than Robert L.O. du Chatenier) disclaim beneficial ownership of these shares.
(27)	These shares are owned directly by J.F.G.M. Heerschap. All other Reporting Owners disclaim beneficial ownership of these shares.
(28)	These shares are owned indirectly by Cornelis L.M. Meeuwis. All other Reporting Owners (other than Dreamweaver B.V., a Netherlands corporation wholly-owned by Cornelis L.M. Meeuwis) disclaim beneficial ownership of these shares.
(29)	Registered in the name of Dreamweaver B.V.
(30)	These shares are owned directly by Dreamweaver B.V. All other Reporting Owners (other than Cornelis L.M. Meeuwis) disclaim beneficial ownership of these shares.
(31)	These shares are owned indirectly by Cornelis L.M. Meeuwis. All other Reporting Owners (other than Dreamweaver B.V.) disclaim beneficial ownership of these shares.
(32)	Registered in the name of Dreamweaver B.V. and beneficially owned by the minor children of Cornelis L.M. Meeuwis.
(33)	These shares are registered in the name of Dreamweaver B.V., and beneficially owned by the minor children of Cornelis L.M. Meeuwis. All Reporting Owners (other than Dreamweaver B.V. and Cornelis L.M. Meeuwis) disclaim beneficial ownership of these shares.
Â Remarks: CornelisÂ J.M.Â BorstÂ (theÂ "ReportingÂ Person")Â isÂ executingÂ thisÂ FormÂ 3Â onÂ behalfÂ ofÂ theÂ individualsÂ andÂ entitiesÂ listedÂ on Â ExhibitÂ 99.01Â heretoÂ (theÂ "ReportingÂ Owners"),Â eachÂ ofÂ whomÂ hasÂ authorizedÂ theÂ ReportingÂ PersonÂ toÂ doÂ so.Â EachÂ Reporting Â OwnerÂ mayÂ beÂ deemedÂ toÂ beÂ aÂ memberÂ ofÂ aÂ groupÂ withinÂ theÂ meaningÂ ofÂ SectionÂ 13(d)(3)Â ofÂ theÂ ExchangeÂ ActÂ thatÂ ownsÂ moreÂ than Â 10%Â ofÂ theÂ issuer'sÂ outstandingÂ stock.Â ThisÂ StatementÂ shallÂ notÂ beÂ deemedÂ anÂ admissionÂ thatÂ suchÂ ReportingÂ OwnerÂ isÂ aÂ member Â ofÂ aÂ groupÂ orÂ theÂ beneficialÂ ownerÂ ofÂ anyÂ securitiesÂ notÂ directlyÂ ownedÂ byÂ suchÂ ReportingÂ Owner,Â exceptÂ asÂ otherwise Â expresslyÂ statedÂ inÂ thisÂ Statement.Â TheÂ ReportingÂ PersonÂ hasÂ beenÂ informedÂ thatÂ theÂ electronicÂ filingÂ systemÂ ofÂ the Â SecuritiesÂ andÂ ExchangeÂ CommissionÂ willÂ notÂ acceptÂ moreÂ thanÂ tenÂ jointÂ filers.Â Accordingly,Â theÂ holdingsÂ ofÂ theÂ Reporting Â OwnersÂ areÂ beingÂ reportedÂ onÂ twoÂ FormÂ 3s. ExhibitÂ List ExhibitÂ 24.01Â Â LimitedÂ powerÂ ofÂ attorneyÂ -Â BaukeÂ Bakhuizen. ExhibitÂ 24.02Â Â LimitedÂ powerÂ ofÂ attorneyÂ -Â BennoÂ J.G.Â deÂ Leeuw ExhibitÂ 24.03Â Â LimitedÂ powerÂ ofÂ attorneyÂ -Â BennoÂ deÂ LeeuwÂ HoldingÂ B.V. ExhibitÂ 24.04Â Â LimitedÂ powerÂ ofÂ attorneyÂ -Â RobertÂ L.O.Â duÂ Chatenier. ExhibitÂ 24.05Â Â LimitedÂ powerÂ ofÂ attorneyÂ -Â ChadminÂ B.V. ExhibitÂ 24.06Â Â LimitedÂ powerÂ ofÂ attorneyÂ -Â J.F.G.M.Â Heerschap. ExhibitÂ 24.07Â Â LimitedÂ powerÂ ofÂ attorneyÂ -Â CornelisÂ L.M.Â Meeuwis. ExhibitÂ 24.08Â Â LimitedÂ powerÂ ofÂ attorneyÂ -Â DreamweaverÂ B.V. ExhibitÂ 99.01Â Â JointÂ FilerÂ Information.

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