Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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 *
  Goldschmidt David
2. Date of Event Requiring Statement (Month/Day/Year)
11/24/2006
3. Issuer Name and Ticker or Trading Symbol
UNITY WIRELESS CORP [OTC BB]
(Last)
(First)
(Middle)
C/O STAR VENTURES, 11 GALGALEY HAPLADA ST.
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

HERZELIYA PITUACH, L3 46733
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Series B Convertible Non-Redeemable Preferred Shares 11/24/2006   (1) Common Stock 15,773,613 $ (2) I By Valley VC (3)
Warrants 11/24/2006 08/17/2009 Common Stock 1,752,624 $ 0.2 I By Valley VC (3)
Warrants 11/24/2006 08/17/2009 Common Stock 1,752,624 $ 0.22 I By Valley VC (3)
Warrants 11/24/2006 08/17/2009 Common Stock 1,752,623 $ 0.27 I By Valley VC (3)
Warrants 11/24/2006 08/17/2009 Common Stock 1,752,624 $ 0.3 I By Valley VC (3)

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Goldschmidt David
C/O STAR VENTURES
11 GALGALEY HAPLADA ST.
HERZELIYA PITUACH, L3 46733
  X   X    
Valley Venture Capital Limited Partnership
11 GALGALEY HAPLADA STREET
POB 12893
HERZLIYA, L3 46733
    X    
Blue Rose Management Services Ltd.
11 GALGALEY HAPLADA ST,C/O STAR VENTURES
POB 12893
HERZLIYA, L3 46733
    X    

Signatures

/s/ David Goldschmidt, David Goldschmidt 12/04/2006
**Signature of Reporting Person Date

/s/ David Goldschmidt, Valley Venture Capital Limited Partnership 12/04/2006
**Signature of Reporting Person Date

/s/ David Goldschmidt, Blue Rose Management Services Ltd. 12/04/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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) Not applicable.
(2) Each of the Series B Convertible Non-Redeemable Preferred Shares, par value $0.001 per share, is currently convertible into 1,000 shares of Common Stock, par value $0.001 per share.
(3) Valley Venture Capital Limited Partnership ("Valley VC") holds the securities directly. Valley VC's general partner is Blue Rose Management Services Ltd. , which is controlled by David Goldschmidt.
 
Remarks:
Each of the reporting person and the joint filers disclaims beneficial ownership of the reported securities except to the
 extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that the reporting person
 or any joint filer is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of
 1934, as amended or for any other purpose.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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