Note:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.  See Section 240.13d-7 for other parties to whom copies are to be sent.

 

*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 disclosures provided in a prior cover page.

 

The information required on 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, as amended (“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).

 

 

 

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CUSIP No. 16890G 103

1	Name of Reporting Persons.
	I.R.S. Identification Nos. of above persons (entities only)
	Richard Rappaport
2	Check the Appropriate Box if a Member of a Group (See Instructions)
		(a) o
		(b) o
3	SEC Use Only
4	Source of Funds (See Instructions)
	OO
5	Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
		o
6	Citizenship or Place of Organization
	U.S.A.

	7	Sole Voting Power
		1,398,229(1)
Number of	8	Shared Voting Power
Shares
Beneficially		0
Owned by	9	Sole Dispositive Power
Each Reporting
Person With		1,398,229(1)
	10	Shared Dispositive Power
		0

11	Aggregate Amount Beneficially Owned by Each Reporting Person
	1,398,229(1)
12	Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
		o
13	Percent of Class Represented by Amount in Row (11)
	10.2%(2)
14	Type of Reporting Person (See Instructions)
	IN

(1)  Consists of (i) 407,443 shares of Common Stock owned by Mr. Rappaport; (ii) 54,375 shares of Common Stock owned by the Amanda Rappaport Trust, of which Mr. Rappaport is Trustee and may be deemed the indirect beneficial owner of such shares since he has sole voting and investment control over the shares; (iii) 54,375 shares of Common Stock owned by the Kailey Rappaport Trust, of which Mr. Rappaport is Trustee and may be deemed the indirect beneficial owner of such shares since he has sole voting and investment control over the shares; and (iv) 882,036 shares of Common Stock owned by WestPark Capital Financial Services, LLC, of which Mr. Rappaport is Chief Executive Officer and Chairman and may be deemed the indirect beneficial owner of such shares since he has sole voting and investment control over the shares.

(2)  Based on 13,684,026 shares of Common Stock outstanding as of November 8, 2010.

 

 

- 2 -

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CUSIP No. 16890G 103

1	Name of Reporting Persons.
	I.R.S. Identification Nos. of above persons (entities only)
	WestPark Capital Financial Services, LLC
2	Check the Appropriate Box if a Member of a Group (See Instructions)
		(a) o
		(b) o
3	SEC Use Only
4	Source of Funds (See Instructions)
	OO
5	Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
		o
6	Citizenship or Place of Organization
	California

	7	Sole Voting Power
		882,036(1)
Number of	8	Shared Voting Power
Shares
Beneficially		0
Owned by	9	Sole Dispositive Power
Each Reporting
Person With		882,036(1)
	10	Shared Dispositive Power
		0

11	Aggregate Amount Beneficially Owned by Each Reporting Person
	882,036 (1)
12	Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
		o
13	Percent of Class Represented by Amount in Row (11)
	6.4%(2)
14	Type of Reporting Person (See Instructions)
	OO

 

(1)  Consists of 882,036 shares of Common Stock owned by WestPark Capital Financial Services, LLC, of which Mr. Rappaport is Chief Executive Officer and Chairman and may be deemed the indirect beneficial owner of such shares and warrant since he has sole voting and investment control over the shares and warrant.

(2)  Based on 13,684,026 shares of Common Stock outstanding as of November 8, 2010.

 

 

- 3 -

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Amendment No. 3 to Schedule 13D

This Amendment No. 3, dated January 19, 2011, to Schedule 13D is filed on behalf of Richard Rappaport and WestPark Capital Financial Services, LLC (together the "Reporting Persons"), and amends that certain Schedule 13D as previously filed by Mr. Rappaport with the Securities and Exchange Commission on March 17, 2008 (the “Original 13D”), as amended on January 21, 2010 (“Amendment No. 1” and as amended on August 31, 2010 ("Amendment No. 2"), nd together with the Original 13D, the “Schedule 13D”) relating to the common stock, $.0001 par value per share (the “Common Stock”), of China Intelligent Lighting and Electronics, Inc. (formerly known as SRKP 22, Inc.) (the “Issuer” or “Company”), a Delaware corporation.  This Amendment No. 3 is being filed to report a material change in the percentage of shares of Common Stock beneficially owned by the Reporting Persons.  The amounts of Common Stock owned by the Reporting Persons disclosed in this Amendment No. 3 to Schedule 13D give effect to the 1-for-2 reverse stock split that became effective on May 12, 2010.

Items 3 and 5 of the Schedule 13D are hereby amended and restated as follows:

Item 3.   Source and Amount of Funds or Other Consideration.

 

As more fully described in Item 5, which is incorporated herein by reference, WestPark Capital Financial Services, Inc. and Richard Rappaport engaged in the following transactions:

On January 19, 2010, WestPark Capital Financial Services, LLC, of which Richard Rappaport is Chief Executive Officer and Chairman, transferred 240,291 shares of Common Stock of the Company in private transactions in exchange for services rendered, including 44,300 shares of Common Stock being transferred to Mr. Rappaport.

Item 4.   Purpose of Transaction