SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                  SCHEDULE 13G
                                 (Rule 13d-102)


             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
           TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
                            PURSUANT TO RULE 13d-2(b)

                               (Amendment No. 3)(1)


                      Electro-Optical Sciences, Inc. (MELA)
- --------------------------------------------------------------------------------
                                (Name of Issuer)


                                  Common Stock
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)


                                    285192100
- --------------------------------------------------------------------------------
                                 (CUSIP Number)


                                December 31, 2008
- --------------------------------------------------------------------------------
             (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)

          [X]  Rule 13d-1(c)

          [_]  Rule 13d-1(d)



     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 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).

(1) Due to a clerical error, the previously filed amendment to Schedule 13G was
filed erroneously as Amendment No. 1 instead of Amendment No. 2. Therefore, this
amendment is being filed as Amendment No. 3 to provide the correct amendment
number.



CUSIP No.    285192100

            ---------------------


1.   NAME OF REPORTING PERSONS
     I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

     Bonanza Capital, Ltd.

2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                 (a)  [_]
                                                                 (b)  [X]
3.   SEC USE ONLY


4.   CITIZENSHIP OR PLACE OF ORGANIZATION

     Texas

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

5.   SOLE VOTING POWER

     0

6.   SHARED VOTING POWER

     968,387

7.   SOLE DISPOSITIVE POWER

     0

8.   SHARED DISPOSITIVE POWER

     968,387

9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     968,387 (2)

10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     5.49%

12.  TYPE OF REPORTING PERSON*

     PN
________________________________________________________________________________
                     *SEE INSTRUCTIONS BEFORE FILLING OUT!

(2) This number does not include 250,000 of the Issuer's Common Stock Purchase
Warrants which are not exercisable because their exercise is currently subject
to a 4.99% beneficial ownership limitation.



CUSIP No.    285192100

            ---------------------

1.   NAME OF REPORTING PERSONS
     I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

     Bonanza Master Fund, Ltd.

2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                 (a)  [_]
                                                                 (b)  [X]
3.   SEC USE ONLY


4.   CITIZENSHIP OR PLACE OF ORGANIZATION

     Cayman Islands

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

5.   SOLE VOTING POWER

     0

6.   SHARED VOTING POWER

     968,387

7.   SOLE DISPOSITIVE POWER

     0

8.   SHARED DISPOSITIVE POWER

     968,387

9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     968,387 (2)

10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
                                                                          [_]

11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     5.49%

12.  TYPE OF REPORTING PERSON*

     CO
________________________________________________________________________________
                     *SEE INSTRUCTIONS BEFORE FILLING OUT!

(2) This number does not include 250,000 of the Issuer's Common Stock Purchase
Warrants which are not exercisable because their exercise is currently subject
to a 4.99% beneficial ownership limitation.



CUSIP No.  285192100

            ---------------------


Item 1(a).  Name of Issuer:


            Electro-Optical Sciences, Inc. (MELA)
            ____________________________________________________________________

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

            3 West Main Street, Suite 201
            Irvington, New York 10533
            ____________________________________________________________________


Item 2(a).  Name of Person Filing:

            Bonanza Capital, Ltd.
            Bonanza Master Fund, Ltd.
            ____________________________________________________________________

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

            Bonanza Capital, Ltd.
            300 Crescent Court, Suite 250
            Dallas, Texas 75201

            Bonanza Master Fund, Ltd.
            c/o J.D. Clark & Co.
            2225 Washington, Suite 400
            Ogden, UT 84404
            ____________________________________________________________________

Item 2(c).  Citizenship:

            Bonanza Capital, Ltd. - Texas
            Bonanza Master Fund, Ltd. - Cayman Islands
____________________________________________________________________

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

            Common Stock
            ____________________________________________________________________

Item 2(e).  CUSIP Number:


            285192100

            ____________________________________________________________________


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:

     (a)  [_]  Broker or dealer registered under Section 15 of the Exchange Act.

     (b)  [_]  Bank as defined in Section 3(a)(6) of the Exchange Act.

     (c)  [_]  Insurance  company as defined in Section 3(a)(19) of the Exchange
               Act.

     (d)  [_]  Investment  company  registered under Section 8 of the Investment
               Company Act.

     (e)  [_]  An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);

     (f)  [_]  An employee  benefit plan or endowment  fund in  accordance  with
               Rule 13d-1(b)(1)(ii)(F);

     (g)  [_]  A parent  holding  company or control  person in accordance  with
               Rule 13d-1(b)(1)(ii)(G);

     (h)  [_]  A savings  association  as defined in Section 3(b) of the Federal
               Deposit Insurance Act;

     (i)  [_]  A  church  plan  that  is  excluded  from  the  definition  of an
               investment  company  under  Section  3(c)(14)  of the  Investment
               Company Act;

     (j)  [_]  Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

Item 4.  Ownership.

     Provide  the  following  information  regarding  the  aggregate  number and
percentage of the class of securities of the issuer identified in Item 1.

     (a)  Amount beneficially owned:

            Bonanza Capital, Ltd. - 968,387
            Bonanza Master Fund, Ltd. - 968,387
          ______________________________________________________________________

     (b)  Percent of class:

            Bonanza Capital, Ltd. - 5.49%
            Bonanza Master Fund, Ltd. - 5.49%

______________________________________________________________________

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

Bonanza Capital, Ltd.:

          (i)   Sole power to vote or to direct the vote               0
                                                        _______________________,


          (ii)  Shared power to vote or to direct the vote             968,387
                                                          _____________________,


          (iii) Sole power to dispose or to direct the                 0
                disposition of                            _____________________,


          (iv)  Shared power to dispose or to direct the               968,387
                disposition of                            _____________________.


Bonanza Master Fund, Ltd.:

           (i)   Sole power to vote or to direct the vote              0
                                                        _______________________,


          (ii)  Shared power to vote or to direct the vote             968,387
                                                          _____________________,


          (iii) Sole power to dispose or to direct the                 0
                disposition of                            _____________________,


          (iv)  Shared power to dispose or to direct the               968,387
                disposition of                            _____________________.


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 [ ].


         Not applicable


Item 6.  Ownership of More Than Five Percent on Behalf of Another Person.

     If any other person is known to have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of, such
securities, a statement to that effect should be included in response to this
item and, if such interest relates to more than five percent of the class, such
person should be identified.  A listing of the shareholders of an investment
company registered under the Investment Company Act of 1940 or the beneficiaries
of employee benefit plan, pension fund or endowment fund is not required.


         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.

     If a parent holding company or Control person has filed this schedule,
pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an
exhibit stating the identity and the Item 3 classification of the relevant
subsidiary.  If a parent holding company or control person has filed this
schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating
the identification of the relevant subsidiary.


         Not applicable


Item 8.  Identification and Classification of Members of the Group.

     If a group has filed this schedule pursuant to Sec.240.13d-1(b)(1)(ii)(J),
so indicate under Item 3(j) and attach an exhibit stating the identity and Item
3 classification of each member of the group. If a group has filed this schedule
pursuant to Sec.240.13d-1(c) or Sec.240.13d-1(d), attach an exhibit stating the
identity of each member of the group.


         Not applicable


Item 9.  Notice of Dissolution of Group.

     Notice of dissolution of a group may be furnished as an exhibit stating the
date of the dissolution and that all further filings with respect to
transactions in the security reported on will be filed, if required, by members
of the group, in their individual capacity.  See Item 5.


          Not applicable

Item 10.  Certifications.

          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 such purpose or effect.



                                    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.


                                                 February 13, 2009
                                    ----------------------------------------
                                                    (Date)


                                   Bonanza Capital, Ltd.*

                                        By: Bonanza Fund Management, Inc.
                                              Its General Partner

                                             By:  /s/ Bernay Box
                                             __________________________
                                               Bernay Box
                                               President



                                   Bonanza Master Fund, Ltd.

                                        By: Bonanza Capital, Ltd.
                                            Its Investment Manager

                                              By: Bonanza Fund Management, Inc.
                                                    Its General Partner

                                                   By:  /s/ Bernay Box
                                                   __________________________
                                                     Bernay Box
                                                     President


Note.  Schedules  filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7 for other parties
for whom copies are to be sent.

Attention.  Intentional  misstatements  or omissions of fact constitute  federal
criminal violations (see 18 U.S.C. 1001).

* The Reporting Person disclaims beneficial ownership in the common stock
reported herein except to the extent of its pecuniary interest therein.



                                                                       Exhibit A


                                    AGREEMENT

The undersigned agree that this Amendment No. 3 dated February 13, 2009 to the
Schedule 13G relating to the Common Stock of Electro Optical Sciences, Inc.
(MELA) shall be filed on behalf of the undersigned.

                                   Bonanza Capital, Ltd.*

                                        By: Bonanza Fund Management, Inc.
                                              Its General Partner

                                             By:  /s/ Bernay Box
                                             __________________________
                                               Bernay Box
                                               President



                                   Bonanza Master Fund, Ltd.*

                                        By: Bonanza Capital, Ltd.
                                            Its Investment Manager

                                              By: Bonanza Fund Management, Inc.
                                                    Its General Partner

                                                   By:  /s/ Bernay Box
                                                   __________________________
                                                     Bernay Box
                                                     President



SK 23214 0001 963532