Ownership Submission
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 OF SECURITIES

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
ACCBT Corp.
   2. Issuer Name and Ticker or Trading Symbol
BRAINSTORM CELL THERAPEUTICS INC [BCLI] 		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)
MORGAN AND MORGAN BUILDING, PASEA ESTATE, ROAD TOWN		 3. Date of Earliest Transaction (Month/Day/Year)
09/06/2007
(Street)

TORTOLA, D8 		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ 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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 09/10/2007   M   1,181,925 A $ 11,819 8,256,925 D  

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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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)		 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
Warrant to Purchase Common Stock $ 0.01 09/10/2007   M     1,181,925 09/06/2007 11/04/2010 Common Stock 1,181,925 $ 0 0 D  
Warrant to Purchase Common Stock (1) $ 0.01 09/06/2007   M   1,181,925   09/06/2007 11/04/2010 Common Stock 1,181,925 $ 236,385 1,181,925 (1) D  
Right to Acquire Warrant to Purchase Common Stock (1) $ 0 09/06/2007   M     3,181,925 08/02/2007   (1) Common Stock 3,181,925 $ 636,385 0 (1) D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
ACCBT Corp.
MORGAN AND MORGAN BUILDING
PASEA ESTATE, ROAD TOWN
TORTOLA, D8 		     X    

Signatures

 /s/ Thomas B. Rosedale (Pursuant to Power of Attorney)   09/10/2007
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) ACCBT Corp. ("ACCBT") acquired the warrant to purchase shares of common stock of Brainstorm Cell Therapeutics Inc. ("Brainstorm") pursuant to a Warrant Purchase Agreement (the "Agreement") between ACCBT and Ramot at Tel Aviv University Ltd. ("Ramot") dated August 2, 2007. The agreement provided ACCBT with the right to acquire from Ramot a warrant to purchase an aggregate of 3,181,925 shares of common stock of Brainstorm for an aggregate purchase price of $636,385. On September 6, 2007, ACCBT elected to purchase from Ramot under the Agreement a warrant to purchase an aggregate of 1,181,925 shares of common stock for an aggregate purchase price of $236,385. Also on September 6, 2007, ACCBT designated certain other parties to purchase from Ramot the remaining warrants under the Agreement to purchase 2,000,000 shares of Brainstorm common stock. Therefore, ACCBT's right to acquire additional warrants from Ramot under the Agreement terminated as of September 6, 2007.

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