SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No. )
Fuel-Tech N.V.
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(Name of Issuer)
Common Stock, par value $0.01 per share
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(Title of Class of Securities)
359523107
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(CUSIP Number)
December 31, 2005
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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 is filed:
[_] Rule 13d-1(b)
[X] Rule 13d-1(c)
[_] Rule 13d-1(d)
CUSIP No. 359523107
---------------------
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Ergates Capital Management, LLC
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [X]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Florida
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5. SOLE VOTING POWER
0
6. SHARED VOTING POWER
1,025,650
7. SOLE DISPOSITIVE POWER
0
8. SHARED DISPOSITIVE POWER
1,025,650
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,025,650
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.0%
12. TYPE OF REPORTING PERSON*
OO
________________________________________________________________________________
CUSIP No. 359523107
---------------------
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Jason S. Atkins
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [X]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5. SOLE VOTING POWER
0
6. SHARED VOTING POWER
1,025,650
7. SOLE DISPOSITIVE POWER
0
8. SHARED DISPOSITIVE POWER
1,025,650
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,025,650
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.0%
12. TYPE OF REPORTING PERSON*
IN
________________________________________________________________________________
CUSIP No. 359523107
---------------------
Item 1(a). Name of Issuer:
Fuel-Tech N.V.
____________________________________________________________________
Item 1(b). Address of Issuer's Principal Executive Offices:
Castorweg 22-24
Curacao, Netherlands Antilles
____________________________________________________________________
Item 2(a). Name of Person Filing:
Jason S. Atkins
Ergates Capital Management, LLC
____________________________________________________________________
Item 2(b). Address of Principal Business Office, or if None, Residence:
Jason S. Atkins
c/o Ergates Capital Management, LLC
1525-B The Greens Way
Jacksonville Beach, FL 32250
Ergates Capital Management, LLC
1525-B The Greens Way
Jacksonville Beach, FL 32250
___________________________________________________________________
Item 2(c). Citizenship:
Jason S. Atkins - United States
Ergates Capital Management, LLC - United States
____________________________________________________________________
Item 2(d). Title of Class of Securities:
Common Stock, par value $0.01 per share
____________________________________________________________________
Item 2(e). CUSIP Number:
359523107
____________________________________________________________________
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).
Item 4. Ownership.
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned:
Jason S. Atkins: 1,025,650 shares
Ergates Capital Management, LLC: 1,025,650 shares
______________________________________________________________________
(b) Percent of class:
Jason S. Atkins: 5.0%
Ergates Capital Management, LLC: 5.0%
______________________________________________________________________
(c) Number of shares as to which Jason S. Atkins has:
(i) Sole power to vote or to direct the vote
0
______________________,
(ii) Shared power to vote or to direct the vote
1,025,650
_____________________,
(iii) Sole power to dispose or to direct the
disposition of 0
_____________________,
(iv) Shared power to dispose or to direct the
disposition of 1,025,650
_____________________.
Number of shares as to which Ergates Capital Management, LLC has:
(i) Sole power to vote or to direct the vote
0
______________________,
(ii) Shared power to vote or to direct the vote
1,025,650
_____________________,
(iii) Sole power to dispose or to direct the
disposition of 0
_____________________,
(iv) Shared power to dispose or to direct the
disposition of 1,025,650
_____________________.
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities check the following [ ].
N/A
_______________________________________________________________________
Item 6. Ownership of More Than Five Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of, such
securities, a statement to that effect should be included in response to this
item and, if such interest relates to more than five percent of the class, such
person should be identified. A listing of the shareholders of an investment
company registered under the Investment Company Act of 1940 or the beneficiaries
of employee benefit plan, pension fund or endowment fund is not required.
N/A
_______________________________________________________________________
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on by the Parent Holding Company or Control
Person.
If a parent holding company or Control person has filed this schedule,
pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an
exhibit stating the identity and the Item 3 classification of the relevant
subsidiary. If a parent holding company or control person has filed this
schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating
the identification of the relevant subsidiary.
N/A
_______________________________________________________________________
Item 8. Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to s.240.13d-1(b)(1)(ii)(J), so
indicate under Item 3(j) and attach an exhibit stating the identity and Item 3
classification of each member of the group. If a group has filed this schedule
pursuant to s.240.13d-1(c) or s.240.13d-1(d), attach an exhibit stating the
identity of each member of the group.
N/A
_______________________________________________________________________
Item 9. Notice of Dissolution of Group.
Notice of dissolution of a group may be furnished as an exhibit stating the
date of the dissolution and that all further filings with respect to
transactions in the security reported on will be filed, if required, by members
of the group, in their individual capacity. See Item 5.
N/A
______________________________________________________________________
Item 10. Certifications.
Certification for Rule 13d-1(c): 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.
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.
January 31, 2006
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(Date)
/s/ Jason S. Atkins(1)
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Jason S. Atkins
Ergates Capital Management, LLC
By: /s/ Jason S. Atkins
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Managing Member
(1) The Reporting Persons disclaim beneficial ownership except to the extent of
their pecuniary interest therein.
Exhibit A
AGREEMENT
The undersigned agree that this Schedule 13G dated January 31, 2005 relating to
the Common Stock, par value $0.01 per share, of Fuel-Tech N.V. shall be filed on
behalf of the undersigned.
/s/ Jason S. Atkins
----------------------------
Jason S. Atkins
Ergates Capital Management, LLC
By: /s/ Jason S. Atkins
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Name: Jason S. Atkins
Title: Managing Member
23227.0002 #638350