Unassociated Document
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  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. __ )*

VocalTec Communications Ltd.
(Name of Issuer)

Ordinary Shares, New Israeli Shekel 0.65 par value per share
(Title of Class of Securities)

M97601120
(CUSIP Number)

July 16, 2010
(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o  Rule 13d-1(b)

x  Rule 13d-1(c)

o  Rule 13d-1(d)

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).
 
(Continued on following pages)


CUSIP No. M97601120
SCHEDULE 13G
Page 2 of 6 Pages
 

1)
NAME OF REPORTING PERSON
 
Michael Goldstone
  
2)
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
  
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
 
1,000,000
  
6)
SHARED VOTING POWER
 
0
  
7)
SOLE DISPOSITIVE POWER
 
1,000,000
  
8)
SHARED DISPOSITIVE POWER
 
0
    
9)
 
1,000,000
 
    
10)
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
    
11)
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
8.52%
    
14)
TYPE OF REPORTING PERSON
 
IN
    


 
CUSIP No. M97601120
SCHEDULE 13G
Page 3 of 6 Pages
 
Item 1.
 
(a)           Name of Issuer:
 
VocalTec Communications Ltd.
 
(b)           Address of Issuer’s Principal Executive Offices:
 
12 Benny Gaon Street, Building 2B
 
Poleg Industrial Area,
 
Netanya, Israel 42504
 
Item 2.
 
 
(a)
Name of Person Filing:
 
Michael Goldstone
 
 
(b)
Address of Principal Business Office or, if none, Residence:
 
c/o YMax Corporation
5700 Georgia Ave.
West Palm Beach, FL  33405
 
 
(c)
Citizenship:
 
United States
 
 
(d)
Title of Class of Securities:
 
Ordinary shares, par value New Israeli Shekel 0.65 per share (“Ordinary Shares”)
 
 
(e)
CUSIP Number:
 
M97601120
 
Item 3.  If this statement is filed pursuant to Rule 13d-1(b) or Rule 13d-2(b) or (c), check
whether the person filing is a:
(a)
  
Broker or dealer registered under Section 15 of the Act;
(b)
  
Bank as defined in Section 3(a)(6) of the Act;
(c)
  
Insurance company as defined in Section 3(a)(19) of the Act;
(d)
  
Investment company registered under Section 8 of the Investment Company Act of 1940;
(e)
  
An investment advisor 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);
 
 
CUSIP No. M97601120
SCHEDULE 13G
Page 4 of 6 Pages
 
(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 InsuranceAct;
(i)
  
A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940;
(j)
  
A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J);
(k)
  
Group, in accordance with Rule 13d-1(b)(1)(ii)(K).

If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please
specify the type of institution:
 
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:
 
1,000,000
 
(b)           Percent of Class:
 
8.52%
 
(c)           Number of Shares to which such person has:
 
(i)           Sole power to vote or direct the vote:
 
1,000,000
 
(ii)           Shared power to vote or direct the vote:
 
0
 
(iii)           Sole power to dispose or to direct the disposition of:
 
1,000,000
 
(iv)           Shared power to dispose or to direct the disposition of:
 
0
 
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 .
 
Not Applicable.
 
 
CUSIP No. M97601120
SCHEDULE 13G
Page 5 of 6 Pages
 
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 Security Being Reported on By the Parent Holding Company.
 
Not Applicable.
 
Item 8.
Identification and Classification of Members of the Group.
 
Not Applicable.
 
Item 9.
Notice of Dissolution of the 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 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.
 
 
CUSIP No. M97601120
SCHEDULE 13G
Page 6 of 6 Pages
 
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.
 
Dated:  July 26, 2010
 
/s/ Menachem Goldstone
(Signature)
Menachem Goldstone
(Name)