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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
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                                  SCHEDULE 13G
                    Under the Securities Exchange Act of 1934

                            Cleveland BioLabs, Inc.
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                                (Name of Issuer)

                                  Common Stock
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                         (Title of Class of Securities)

                                   185860-10-3
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                                 (CUSIP Number)

                                December 31, 2006
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             (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)
           |_|  Rule 13d-1(c)
           |x|  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 ("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.185860-10-3
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1       NAMES OF REPORTING PERSONS
        I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
        Michael Fonstein
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2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
        (a)   |_|
        (b)   |_|
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3       SEC USE ONLY

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4       CITIZENSHIP OR PLACE OF ORGANIZATION
        United States of America
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NUMBER OF SHARES        5       SOLE VOTING POWER
BENEFICIALLY                    1,311,200
OWNED BY                --------------------------------------------------------
EACH                    6       SHARED VOTING POWER
REPORTING
PERSON WITH:            --------------------------------------------------------
                        7       SOLE DISPOSITIVE POWER
                                1,311,200
                        --------------------------------------------------------
                        8       SHARED DISPOSITIVE POWER

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9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
        1,311,200
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10      CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

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11      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
        11.1%
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12      TYPE OF REPORTING PERSON
        IN
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Item 1(a).     Name of Issuer:

               Cleveland BioLabs, Inc.

Item 1(b).     Address of Issuer's Principal Executive Offices:

               11000 Cedar Ave.
               Suite 290
               Cleveland, Ohio 44106

Item 2(a).     Name of Person Filing:

               Michael Fonstein

Item 2(b).     Address of Principal Business Office or, if None, Residence:

               11000 Cedar Ave.
               Suite 290
               Cleveland, Ohio 44106

Item 2(c).     Citizenship:

               United States of America

Item 2(d).     Title of Class of Securities:

               Common Stock, $0.005 par value per share

Item 2(e).     CUSIP Number:

               185860-10-3

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:

               Not applicable

Item 4.        Ownership
               (a)     Amount beneficially owned:

                       1,311,200 shares

               (b)     Percent of class:

                       11.1%



               (c)     Number of shares as to which such person has:

               (i)     sole power to vote or to direct the vote:
                       1,311,200 shares

               (ii)    shared power to vote or to direct the vote:
                       0 shares

               (iii)   sole power to dispose or to direct the disposition of:
                       1,311,200 shares

               (iv)    shared power to dispose or to direct the disposition of:
                       0 shares

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 |_|.

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

Item 9.                Notice of Dissolution of Group

                       Not applicable

Item 10.               Certification

                       Not applicable



                                    SIGNATURE
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.

Date: February 14, 2007                            MICHAEL FONSTEIN

                                                   /s/ Michael Fonstein
                                                   --------------------
                                                   Name: Michael Fonstein