UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Amendment No. __)
Under the Securities Exchange Act of 1934
Retractable Technologies, Inc.
(Name of Issuer)
Common Stock, no par value
(Title of Class of Securities)
76129W105
(CUSIP Number)
Melissa Dehn
2700 NE Andresen Road, Suite D25
Vancouver, WA 98661
(360) 737-4145
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
July 30, 2010
(Date of Event which Requires
Filing of this Statement)
If the filing person has previously filed a statement on
Schedule 13G to report the acquisition which is the subject of
this Schedule 13D, and is filing this schedule because of
240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box. [ ].
Note: Schedules filed in paper format shall include a signed
original and five copies of the schedule, including all
exhibits. See 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 the
disclosures provided in a prior cover page.
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).
CUSIP No. 76129W105 SCHEDULE 13D Page 2 of 7
1 Name of Reporting Person ROI Capital Management, Inc.
IRS Identification No. of Above Person 68-0269547
(entities only)
2 Check the Appropriate Box if a Member of a Group* (a) [
]
(b) [
]
3 SEC USE ONLY
4 Source of Funds
WC
5 Check Box if Disclosure of Legal Proceedings
is Required Pursuant to Items 2(d) or 2(e) [
]
6 Citizenship or Place of Organization
-------------
NUMBER OF 7 Sole Voting Power 1,197,374
SHARES
BENEFICIALLY 8 Shared Voting Power -0-
OWNED BY EACH
REPORTING 9 Sole Dispositive Power 1,197,374
PERSON
WITH 10 Shared Dispositive Power -0-
11 Aggregate Amount Beneficially Owned by Each Reporting
Person
1,197,374
12 Check Box if the Aggregate Amount in Row 11 Excludes
Certain Shares
[ ]
13 Percent of Class Represented by Amount in Row 11
5.03
14 Type of Reporting Person
CO
CUSIP No. 76129W105 SCHEDULE 13D Page 3 of 7
1 Name of Reporting Person Mark T. Boyer
IRS Identification No. of Above Person
(entities only)
2 Check the Appropriate Box if a Member of a Group* (a) [
]
(b) [
]
3 SEC USE ONLY
4 Source of Funds
WC
5 Check Box if Disclosure of Legal Proceedings
is Required Pursuant to Items 2(d) or 2(e) [
]
6 Citizenship or Place of Organization
-------------
NUMBER OF 7 Sole Voting Power 1,197,374
SHARES
BENEFICIALLY 8 Shared Voting Power -0-
OWNED BY EACH
REPORTING 9 Sole Dispositive Power 1,197,374
PERSON
WITH 10 Shared Dispositive Power -0-
11 Aggregate Amount Beneficially Owned by Each Reporting
Person
1,197,374
12 Check Box if the Aggregate Amount in Row 11 Excludes
Certain Shares
[ ]
13 Percent of Class Represented by Amount in Row 11
5.03
14 Type of Reporting Person
IN
CUSIP No. 76129W105 SCHEDULE 13D Page 4 of 7
1 Name of Reporting Person Mitchell J. Soboleski
IRS Identification No. of Above Person
(entities only)
2 Check the Appropriate Box if a Member of a Group* (a) [
]
(b) [
]
3 SEC USE ONLY
4 Source of Funds
WC
5 Check Box if Disclosure of Legal Proceedings
is Required Pursuant to Items 2(d) or 2(e) [
]
6 Citizenship or Place of Organization
-------------
NUMBER OF 7 Sole Voting Power 1,197,374
SHARES
BENEFICIALLY 8 Shared Voting Power -0-
OWNED BY EACH
REPORTING 9 Sole Dispositive Power 1,197,374
PERSON
WITH 10 Shared Dispositive Power -0-
11 Aggregate Amount Beneficially Owned by Each Reporting
Person
1,197,374
12 Check Box if the Aggregate Amount in Row 11 Excludes
Certain Shares
[ ]
13 Percent of Class Represented by Amount in Row 11
5.03
14 Type of Reporting Person
IN
CUSIP No. 76129W105 SCHEDULE 13D Page 5 of 7
Item 1. Security and Issuer
This Schedule 13D ("Schedule") relates to shares of Common
Stock, no par value (the "Common Stock"), of Retractable
Technologies, Inc. (the "Issuer"). The principal executive
office of the Issuer is 511 Lobo Lane, Little Elm, Texas
75068-0009.
Item 2. Identity and Background
This Schedule is filed on behalf of ROI Capital Management,
Inc., Mark T. Boyer and Mitchell J. Soboleski ("Reporting
Entities"), whose principal business office address is 300
Drakes Landing Road, Suite 175, Greenbrae, CA 94904.
Reporting Entities can be deemed to have benefical ownership
due to the fact that Reporting Entities have dispositive
authority of the reported securities held in advisory accounts
of ROI Capital Management, Inc. Reporting entities do not own
any of the reported securities directly, only through an
interest in one or more of the advisory accounts.
ROI Capital Management, Inc. is an unregistered investment
advisor. ROI Capital Management, Inc. has 2 owners, Mark T.
Boyer, President and Mitchell J. Soboleski, Secretary.
None of ROI Capital Management, Inc., or ROI Capital
Management, Inc.'s officers have, during the past five years,
been convicted of any criminal proceeding (excluding traffic
violations or similar misdemeanors).
None of ROI Capital Management, Inc., or ROI Capital
Management, Inc.'s officers have been a party to a civil
proceeding of a judicial or administrative body of competent
jurisdiction and as a result of such proceeding was or is
subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject
to, federal or state securities laws or finding any violation
with respect to such laws.
ROI Capital Management, Inc. is a California corporation, and
Mitchell J. Soboleski and Mark T. Boyer are United States
citizens.
Item 3. Source and Amount of Funds or Other Consideration
Funds for the purchases of Common Stock were obtained from the
working capital of advisory clients. .
Item 4. Purpose of Transaction.
The purchases of Common Stock were made solely for investment
purposes. Depending upon market conditions and other factors,
ROI Capital Management, Inc. may acquire additional securities
of the Issuer, or alternatively, may dispose of some or all of
the securities of the Issuer that it beneficially owns.
CUSIP No. 76129W105 SCHEDULE 13D Page 6 of 7
Item 5. Interest in Securities of the Issuer
(a),(b) Reference is made hereby to Items 7-11 and 13 of
page
two (2), three (3) and four (4) of this Schedule,
which
Items are incorporated by reference herein. Of the
shares beneficially owned, none are owned by
reporting
persons, except for dispositive power and interests
held in advisory accounts of ROI Capital Management,
Inc.
(c) ROI Capital Management, Inc. effected the following
sales through registered broker-dealers in the
last sixty days for its' advisory accounts:
Number of
Date Shares Price/unit
05/21/10 41,300 $1.5654
06/28/10 25,000 $1.6764
07/28/10 9,700 $1.6482
07/29/10 19,000 $1.662
07/30/10 10,500 $1.7275
(d),(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or
Relationships with Respect to Securities of the
Issuer
None.
Item 7. Material to be Filed as Exhibits
None.
CUSIP No. 76129W105 SCHEDULE 13D Page 7 of 7
Signatures
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: August 20, 2010
MARK T. BOYER
/s/ Mark T. Boyer
________________________
Mark T. Boyer
MITCHELL J. SOBOLESKI
/s/ Mitchell J. Soboleski
________________________
Mitchell J. Soboleski
ROI CAPITAL MANAGEMENT, INC.
/s/ Mitchell J. Soboleski
________________________
By: Mitchell J. Soboleski
Its: Secretary