Sec Form 13G Filing - SEVERANCE H LEIGH filing for TERAWULF INC. (WULF) - 2013-01-22

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

o

Rule 13d-1(b)

o

Rule 13d-1(c)

x

Rule 13d-1(d)

CUSIP No. 45172K102

13G

1

Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only).
H. Leigh Severance

2

Check the Appropriate Box if a Member of a Group*

(a)

o

(b)

o

Not Applicable

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
180,079

6

Shared Voting Power
0

7

Sole Dispositive Power
180,079

8

Shared Dispositive Power
0

9

Aggregate Amount Beneficially Owned by Each Reporting Person
180,079

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares*  o
N/A

11

Percent of Class Represented by Amount in Row (9)
9.05%

12

Type of Reporting Person (See Instructions)
IN

Item 1.

(a)

Name of Issuer
Ikonics Corporation

(b)

Address of Issuer’s Principal Executive Offices
4832 Grand Avenue
Duluth, MN 55807

Item 2.

(a)

Name of Person Filing
H. Leigh Severance

(b)

Address of Principal Business Office or, if none, Residence
100 Filmore Street, Suite 300
Denver, CO 80206

(c)

Citizenship
United States

(d)

Title of Class of Securities
Common Stock

(e)

CUSIP Number
45172K102

Item 3.

If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)

o

Broker or dealer registered under section 15 of the Act.

(b)

o

Bank as defined in section 3(a)(6) of the Act.

(c)

o

Insurance company as defined in section 3(a)(19) of the Act.

(d)

o

Investment company registered under section 8 of the Investment Company Act of 1940.

(e)

o

An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E).

(f)

o

An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F).

(g)

o

A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G).

(h)

o

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act.

(i)

o

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)

o

Group, in accordance with § 240.13d–1(b)(1)(ii)(J).

Item 4.

Ownership

(a)

Amount beneficially owned   

180,079

(b)

Percent of class   

9.05%

(c)

Number of shares as to which such person has:

(i)

Sole power to vote or to direct the vote   

180,079

(ii)

Shared power to vote or to direct the vote    

0

(iii)

Sole power to dispose or to direct the disposition of   

180,079

(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   o.

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 or Control Person

Not Applicable

Item 8.

Identification and Classification of Members of the Group

Not Applicable

Item 9.

Notice of Dissolution of Group

Not Applicable

Item 10.

Certification

Not Applicable

January 21, 2013

Date

/s/ H. Leigh Severance

Signature

H. Leigh Severance

Name/Title

ATTENTION:

Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001)