Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN 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 *
Platinum-Montaur Life Sciences, LLC
  2. Issuer Name and Ticker or Trading Symbol
DAIS ANALYTIC CORP [DLYT.OB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
152 WEST 57TH STREET, 4TH FLOOR
3. Date of Earliest Transaction (Month/Day/Year)
03/22/2011
(Street)

NEW YORK, NY 10019
4. If Amendment, Date Original Filed(Month/Day/Year)
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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Platinum-Montaur Life Sciences, LLC
152 WEST 57TH STREET
4TH FLOOR
NEW YORK, NY 10019
    X    
Nordlicht Mark
159 WYKAGL TERRACE
NEW ROCHELLE, NY 10804
    X    

Signatures

 /s/ OLIVER JIMENEZ   07/24/2012
**Signature of Reporting Person Date

 /s/ MARK NORDLICHT   07/24/2012
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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).
 
Remarks:
Pursuant to agreements between Platinum-Montaur Life Sciences, LLC ("Platinum") and the Issuer dated March 22, 2011, the notes and warrants issued by the Issuer to Platinum were amended so that at no time may Platinum convert the notes or exercise the warrants if the number of shares of the Issuer's common stock to be issued pursuant to such conversion or exercise, when aggregated with all other shares of the Issuer's common stock owned by Platinum at such time, would result in Platinum beneficially owning, as determined in accordance with Section 13(d) of the Exchange Act, in excess of 9.99% of the then issued and outstanding shares of the Issuer's common stock, except upon Platinum providing the Issuer with at least 61 days' prior written notice that Platinum waives such limitations.  As a result of such limitation, Platinum's beneficial ownership is not in excess of 9.99% of the issued and outstanding shares of the Issuer's common stock.

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