SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                 --------------

                                  SCHEDULE 13G

                                 (Rule 13d-102)

            INFORMATION TO BE INCLUDED IN STATEMENT FILED PURSUANT TO
   RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2


                           Pluristem Life Systems Inc.
--------------------------------------------------------------------------------
                                (Name of Issuer)

                   Common Stock, par value $0.00001 per share
--------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                    72940P106
--------------------------------------------------------------------------------
                                 (CUSIP Number)

                                  July 9, 2007
--------------------------------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)
                                 --------------

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

         / /     Rule 13d-1(b)

         /x/     Rule 13d-1(c)

         / /     Rule 13d-1(d)

-------------------

         * 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 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. 72940P106              13G                 Page 2 of 6 Pages
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========================= ======================================================
           1              NAME OF REPORTING PERSON(S)
                          I.R.S.   IDENTIFICATION NOS. OF ABOVE PERSON(S)
                                   (ENTITIES ONLY) Jonathan Honig
------------------------- ------------------------------------------------------
           2              CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                                  (a) / /
                                                                  (b) / /
------------------------- ------------------------------------------------------
           3              SEC USE ONLY

------------------------- ------------------------------------------------------
           4              CITIZENSHIP OR PLACE OR ORGANIZATION
                          United States
------------------------- -------------- ---------------------------------------
       NUMBER OF                5        SOLE VOTING POWER
         SHARES
 BENEFICIALLY OWNED BY                   70,042,918
 EACH REPORTING PERSON    -------------- ---------------------------------------
          WITH                  6        SHARED VOTING POWER

                                         - 0 -
                          -------------- ---------------------------------------
                                7        SOLE DISPOSITIVE POWER

                                         70,042,918
                          -------------- ---------------------------------------
                                8        SHARED DISPOSITIVE POWER

                                         - 0 -
------------------------- ------------------------------------------------------
           9              AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
                          PERSON
                          70,042,918
------------------------- ------------------------------------------------------
           10             CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
                          CERTAIN SHARES

                          / /
------------------------- ------------------------------------------------------
           11             PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
                          6.3% (1)
------------------------- ------------------------------------------------------
           12             TYPE OF REPORTING PERSON
                          IN
========================= ======================================================



________________________

(1) Based upon an aggregate of 1,112,430,593 shares of common stock outstanding
as of July 16, 2007.



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      CUSIP No. 72940P106              13G                 Page 3 of 6 Pages
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Item 1.

(a) Name of Issuer:

                  Pluristem Life Systems Inc.

         (b)      Address of Issuer's Principal Executive Offices:

                  MATAM Advanced Technology Park
                  Building No. 20
                  Haifa, Israel 31905

         Item 2.

                  (a)      Name of Person Filing:

                           Jonathan Honig

                  (b)      Address of Principal Business Office, or if none,
                           Residence:

                           4263 NW 61st Lane
                           Boca Raton, FL 33496

                  (c)      Citizenship:

                           United States

                  (d)      Title of Class of Securities:

                           Common Stock, par value $0.00001 per share

                  (e)      CUSIP Number:

                           72940P106


         Item 3.           If this  statement is filed  pursuant to Rule
                           13d-1(b),  or 13d-2(b) or (c),  check whether the
                           person filing is a:

         (a)      / /      Broker or dealer registered under Section 15 of the
                           Exchange Act.
         (b)      / /      Bank as defined in section 3(a)(6) of the Exchange
                           Act.
         (c)      / /      Insurance company as defined in section 3(a)(19) of
                           the Exchange Act.
         (d)      / /      Investment company registered under section 8 of the
                           Investment Company Act.
         (e)      / /      An investment adviser 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).
         (g)      / /      A parent holding company or control person in
                           accordance with Rule 13d-1(b)(1)(ii)(G).


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      CUSIP No. 72940P106              13G                 Page 4 of 6 Pages
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         (h)      / /      A savings association as defined in Section 3(b) of
                           the Federal Deposit Insurance Act;
         (i)      / /      A church plan that is excluded from the definition of
                           an investment company under Section 3(c)(14) of the
                           Investment Company Act.
         (j)      / /      Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

         Item 4.           Ownership

                  (a)      Amount beneficially owned:

                           70,042,918

                  (b)      Percent of Class:

                           6.3%

                  (c)      Number of Shares as to which the Reporting Person
                           has:

                           i.    Sole power to vote or to direct to vote:
                                 70,042,918

                           ii.   Shared power to vote or to direct to vote: 0

                           iii.  Sole power to dispose or to direct the
                                 disposition of: 70,042,918

                           iv.   Shared power to dispose or to direct the
                                 disposition of: 0

         Item 5.           Ownership of Five Percent or Less of a Class.

                           Not Applicable.

         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.



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      CUSIP No. 72940P106              13G                 Page 5 of 6 Pages
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         Item 9.           Notice of Dissolution of 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.



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      CUSIP No. 72940P106              13G                 Page 6 of 6 Pages
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                                   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: July 19, 2007

                                                     /s/ Jonathan Honig
                                                     ---------------------------
                                                     Jonathan Honig