Sec Form 4 Filing - IOWC Technologies, Inc. @ BIOLARGO, INC. - 2007-04-30

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 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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1. Name and Address of Reporting Person IOWC Technologies, Inc. 2. Issuer Name and Ticker or Trading Symbol BIOLARGO, INC. [ BLGO.PK] 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) 2603 MAIN STREET, SUITE 1155 3. Date of Earliest Transaction (MM/DD/YY) 04/30/2007 (Street) IRVINE, CA92614 4. If Amendment, Date Original Filed (MM/DD/YY) 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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 Common Stock 04/30/2007 P 22,139,012 A $ 0 ( 1 ) 22,759,649 ( 2 ) D ( 2 )

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 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

< td>IOWC Technologies, Inc. 2603 MAIN STREET SUITE 1155 IRVINE, CA92614 Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other X CODE KENNETH REAY 2603 MAIN STREET SUITE 1155 IRVINE, CA92614 X Chief Technology Officer Signatures /s/ IOWC Technologies, Inc. 05/02/2007 Signature of Reporting Person Date /s/ Kenneth Reay Code 05/02/2007 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The acquisition of shares reported on this Form 4 were acquired as consideration for the sale of certain assets pursuant to the provisions of an Asset Purchase Agreement dated as of April 30, 2007 among the Issuer, a wholly-owned subsidiary of the Issuer and the Reporting Persons. ( 2 )Reporting Person, IOWC Technologies, Inc. ("IOWC"), is wholly owned by Reporting Person Kenneth Code; therefore each may be deemed to be the beneficial owner of the shares of Common Stock held by the other. IOWC holds 22,139,012 shares of the Issuer's Common Stock and Mr. Code holds 620,637 shares of the Issuer's Common Stock.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* 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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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