UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

HAPC, INC.

(Name of Issuer)

Common Stock, par value $0.0001 per share

(Title of Class of Securities)

411357106

(CUSIP Number)

October 25, 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:

o		Rule 13d-1(b)
þ		Rule 13d-1(c)
o		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).

13G

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 ¹      Based on approximately 18,625,252 shares of Common Stock outstanding as of August 8, 2007.

13G

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EXPLANATORY NOTE

This Schedule 13G filed by I-Flow Corporation serves as an amendment to the Schedule 13D previously filed on October 22, 2007.

Item 1(a). Name of Issuer:

HAPC, Inc.

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

350

Madison Avenue, 20th Floor, New York, New York 10017

Item 2(a). Name of Person Filing:

I-Flow Corporation

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

20202

Windrow Drive, Lake Forest, California 92630

Item 2(c). Citizenship:

Delaware

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

Common Stock, par value $0.0001 per share

Item 2(e). CUSIP Number:

411357106

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:
			See Row 9 of cover page for each Reporting Person
	(b)		Percent of Class:
			See Row 11 of cover page for each Reporting Person
	(c)		Number of shares as to which such person has:

	(i)		Sole power to vote or direct the vote:
			See Row 5 of cover page for each Reporting Person
	(ii)		Shared power to vote or direct the vote:
			See Row 6 of cover page for each Reporting Person
	(iii)		Sole power to dispose or to direct the disposition of:
			See Row 7 of cover page for each Reporting Person
	(iv)		Shared power to dispose or to direct the disposition of:
			See Row 8 of cover page for each Reporting Person

13G

CUSIP No.	411357106	Page 4 of 5

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:

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.

13G

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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.

Date: October 29, 2007
		I-FLOW CORPORATION
		By:		/s/ James R. Talevich
		Name: James R. Talevich
		Title: Chief Financial Officer