UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
INTERLINK ELECTRONICS, 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)
458751104
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(CUSIP Number)
March 31, 2006
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
13G is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*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 ("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. 458751104
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(1) Names of Reporting Persons. I.R.S. Identification Nos. of Above Persons
(entities only):
BC Advisors, LLC
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(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ] (b) [X]
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(3) SEC Use Only
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(4) Citizenship or Place of Organization: Texas
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Number of Shares Beneficially Owned
by Each Reporting Person (5) Sole Voting Power: 990,715
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(6) Shared Voting Power: 0
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(7) Sole Dispositive Power: 990,715
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(8) Shared Dispositive Power: 0
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(9) Aggregate Amount Beneficially Owned by Each Reporting Person:
990,715
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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): 7.2%*
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(12) Type of Reporting Person: HC/CO
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* Based on 13,720,929 shares of common stock issued and outstanding as of July
26, 2005, as reported by the issuer in its Quarterly Report on Form 10-Q for the
quarterly period ended June 30, 2005.
CUSIP NO. 458751104
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(1) Names of Reporting Persons. I.R.S. Identification Nos. of Above Persons
(entities only):
SRB Management, L.P.
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(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ] (b) [X]
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(3) SEC Use Only
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(4) Citizenship or Place of Organization: Texas
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Number of Shares Beneficially Owned
by Each Reporting Person (5) Sole Voting Power: 990,715
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(6) Shared Voting Power: 0
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(7) Sole Dispositive Power: 990,715
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(8) Shared Dispositive Power: 0
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(9) Aggregate Amount Beneficially Owned by Each Reporting Person:
990,715
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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): 7.2%*
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(12) Type of Reporting Person: IA/PN
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* Based on 13,720,929 shares of common stock issued and outstanding as of July
26, 2005, as reported by the issuer in its Quarterly Report on Form 10-Q for the
quarterly period ended June 30, 2005.
CUSIP NO. 458751104
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(1) Names of Reporting Persons. I.R.S. Identification Nos. of Above Persons
(entities only):
Steven R. Becker
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(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ] (b) [X]
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(3) SEC Use Only
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(4) Citizenship or Place of Organization: United States
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Number of Shares Beneficially Owned
by Each Reporting Person (5) Sole Voting Power: 990,715
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(6) Shared Voting Power: 0
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(7) Sole Dispositive Power: 990,715
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(8) Shared Dispositive Power: 0
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(9) Aggregate Amount Beneficially Owned by Each Reporting Person:
990,715
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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): 7.2%*
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(12) Type of Reporting Person: HC/IN
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* Based on 13,720,929 shares of common stock issued and outstanding as of July
26, 2005, as reported by the issuer in its Quarterly Report on Form 10-Q for the
quarterly period ended June 30, 2005.
This Schedule 13G relates to the common stock ("Common Stock") of
Interlink Electronics, Inc., acquired by BC Advisors, LLC, a Texas
limited liability company ("BCA"), for the account of (1) SRB Greenway
Capital, L.P., a Texas limited partnership ("SRBGC"), (2) SRB Greenway
Capital (Q.P.), L.P., a Texas limited partnership ("SRBQP") and (3)
SRB Greenway Offshore Operating Fund, L.P., a Cayman Islands limited
partnership ("SRB Offshore"). BCA is the general partner of SRB
Management, L.P., a Texas limited partnership ("SRB Management"),
which is the general partner of SRBGC, SRBQP and SRB Offshore. Steven
R. Becker is the sole principal of BCA. Each of the reporting persons
hereby expressly disclaims membership in a "group" under Section 13(d)
of the Securities Exchange Act of 1934 and the rules and regulations
thereunder with respect to the shares of Common Stock reported herein,
and this Schedule 13G shall not be deemed to be an admission that any
such reporting person is a member of such a group.
Item 1(a). Name of Issuer: INTERLINK ELECTRONICS, INC.
Item 1(b). Address of Issuer's Principal Executive Offices:
546 Flynn Road
Camarillo, California 93012
Item 2(a). Name of Person Filing:
See Item 1 of each cover page.
Item 2(b). Address of Principal Business Office or, if none, Residence:
300 Crescent Court, Suite 1111
Dallas, Texas 75201
Item 2(c). Citizenship: See Item 4 of each cover page.
Item 2(d). Title of Class of Securities:
Common Stock, par value $0.00001 per share
Item 2(e). CUSIP No.: 458751104
Item 3. Not Applicable.
Item 4. Ownership:
(a) Amount Beneficially Owned:
Steven R. Becker is the beneficial owner of 990,715 shares of
Common Stock beneficially owned by BCA and SRB Management for the
accounts of SRBGC, SRBQP and SRB Offshore. BCA and SRB Management
are the beneficial owners of 990,715 shares of Common Stock for
the accounts of SRBGC, SRBQP and SRB Offshore.
(b) Percent of Class: See Item 11 of each cover page.
(c) Number of Shares as to which such person has:
(i) sole power to vote or to direct the vote:
See Item 5 of each cover page.
(ii) shared power to vote or to direct the vote:
See Item 6 of each cover page.
(iii) sole power to dispose or to direct the disposition of:
See Item 7 of each cover page.
(iv) shared power to dispose or to direct the disposition of:
See Item 8 of each cover page.
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
Securities:
SRB Management is an investment adviser registered with the State of
Texas and, as such, has beneficial ownership of the securities held by
its clients, SRBGC, SRBQP and SRB Offshore. BCA is the general partner
of SRB Management. Steven R. Becker is the sole principal of BCA, and
therefore exercises investment discretion and control with respect to
the shares of Common Stock beneficially owned by SRB Management's
clients.
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 such securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
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.
April 5, 2006
BC ADVISORS, LLC
By: /s/ Steven R. Becker
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Steven R. Becker, Member
SRB MANAGEMENT, L.P.
By: BC Advisors, LLC, its general partner
By: /s/ Steven R. Becker
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Steven R. Becker, Member
/s/ Steven R. Becker
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Steven R. Becker
Attention: Intentional misstatements or omissions of fact constitute
Federal criminal violations (See 18 U.S.C. 1001)
EXHIBIT 1
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) promulgated under the Securities
Exchange Act of 1934, as amended, the persons named below agree to the joint
filing on behalf of each of them a Statement on Schedule 13G (including
amendments thereto) with regard to the common stock of INTERLINK ELECTRONICS,
INC. and further agree that this Joint Filing Agreement be included as an
Exhibit to such joint filings. In evidence thereof, the undersigned, being duly
authorized, hereby execute this Joint Filing Agreement as of March 31, 2006.
BC ADVISORS, LLC
By: /s/ Steven R. Becker
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Steven R. Becker, Member
SRB MANAGEMENT, L.P.
By: BC Advisors, LLC, its general partner
By: /s/ Steven R. Becker
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Steven R. Becker, Member
/s/ Steven R. Becker
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Steven R. Becker