SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G
                                 (Rule 13d-102)

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

                                  Advaxis, Inc.
--------------------------------------------------------------------------------
                                (Name of Issuer)

                         Common Stock, $0.001 par value
--------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                    007624109
--------------------------------------------------------------------------------
                                 (CUSIP Number)

                                October 17, 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:

      |_|   Rule 13d-1(b)
      |X|   Rule 13d-1(c)
      |_|   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
disclosures provided in a prior cover page.

The information required on 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. 007624109                   13G
================================================================================
(1)   NAME OF REPORTING PERSONS
      S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

      Richard Smithline
--------------------------------------------------------------------------------
(2)   CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

      (a)   |_|
      (b)   |X|
--------------------------------------------------------------------------------
(3)   SEC USE ONLY


--------------------------------------------------------------------------------
(4)   CITIZENSHIP OR PLACE OF ORGANIZATION

      United States
--------------------------------------------------------------------------------
               (5)   SOLE VOTING POWER

                     25,839,769
               -----------------------------------------------------------------
  NUMBER OF    (6)   SHARED VOTING POWER
   SHARES
 BENEFICIALLY        0
  OWNED BY     -----------------------------------------------------------------
    EACH       (7)   SOLE DISPOSITIVE POWER
  REPORTING
   PERSON            25,839,769
    WITH       -----------------------------------------------------------------
               (8)   SHARED DISPOSITIVE POWER

                     0
--------------------------------------------------------------------------------
(9)   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                     25,839,769
--------------------------------------------------------------------------------

(10)  CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
      (SEE INSTRUCTIONS)                |_|


--------------------------------------------------------------------------------
(11)  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

            9.99%*
--------------------------------------------------------------------------------
(12)  TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

            IN
--------------------------------------------------------------------------------



================================================================================
CUSIP No. 007624109                   13G
================================================================================
(1)   NAME OF REPORTING PERSONS
      S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

      Centrecourt Asset Management LLC
--------------------------------------------------------------------------------
(2)   CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

      (a)   |_|
      (b)   |X|
--------------------------------------------------------------------------------
(3)   SEC USE ONLY


--------------------------------------------------------------------------------
(4)   CITIZENSHIP OR PLACE OF ORGANIZATION

      United States
--------------------------------------------------------------------------------
               (5)   SOLE VOTING POWER

                     25,839,769
               -----------------------------------------------------------------
  NUMBER OF    (6)   SHARED VOTING POWER
   SHARES
 BENEFICIALLY        0
  OWNED BY     -----------------------------------------------------------------
    EACH       (7)   SOLE DISPOSITIVE POWER
  REPORTING
   PERSON            25,839,769
    WITH       -----------------------------------------------------------------
               (8)   SHARED DISPOSITIVE POWER

                     0
--------------------------------------------------------------------------------
(9)   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                     25,839,769
--------------------------------------------------------------------------------

(10)  CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
      (SEE INSTRUCTIONS)                |_|


--------------------------------------------------------------------------------
(11)  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

            9.99%*
--------------------------------------------------------------------------------
(12)  TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

            OO
--------------------------------------------------------------------------------



================================================================================
CUSIP No. 007624109                   13G
================================================================================
(1)   NAME OF REPORTING PERSONS
      S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

      CAMOFI Master LDC
--------------------------------------------------------------------------------
(2)   CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

      (a)   |_|
      (b)   |X|
--------------------------------------------------------------------------------
(3)   SEC USE ONLY


--------------------------------------------------------------------------------
(4)   CITIZENSHIP OR PLACE OF ORGANIZATION

      Cayman Islands
--------------------------------------------------------------------------------
               (5)   SOLE VOTING POWER

                     20,676,435
               -----------------------------------------------------------------
  NUMBER OF    (6)   SHARED VOTING POWER
   SHARES
 BENEFICIALLY        0
  OWNED BY     -----------------------------------------------------------------
    EACH       (7)   SOLE DISPOSITIVE POWER
  REPORTING
   PERSON            20,676,435
    WITH       -----------------------------------------------------------------
               (8)   SHARED DISPOSITIVE POWER

                     0
--------------------------------------------------------------------------------
(9)   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                     20,676,435
--------------------------------------------------------------------------------

(10)  CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
      (SEE INSTRUCTIONS)                |_|


--------------------------------------------------------------------------------
(11)  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

            9.99%*
--------------------------------------------------------------------------------
(12)  TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

            OO
--------------------------------------------------------------------------------



================================================================================

Item 1.

      (a) Name of Issuer.

          Advaxis, Inc.

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

          Technology Center of New Jersey
          675 Rt. 1, Suite B113
          North Brunswick, New Jersey 08902

Item 2.

      (a) Name of Person Filing.

          This Schedule 13G is being filed with respect to shares of Common
          Stock of the Issuer which are beneficially owned by Richard
          Smithline ("Mr. Smithline"), Centrecourt Asset Management LLC
          ("Centrecourt") and CAMOFI Master LDC ("CAMOFI") (collectively, the
          "Reporting Persons").

          The Reporting Persons are making a joint filing because they may be
          deemed a group pursuant to Section 13 of the Securities Exchange Act
          of 1934. The Reporting Persons do not affirm the existence of such a
          group.

      (b) Address of Principal Business Office or, if none, Residence.

          The principal business address of each of Mr. Smithline and
          Centrecourt is:

          350 Madison Avenue, 8th Floor
          New York, NY 10017

          The principal business address of CAMOFI is:

          90 Fort Street, 5th Floor
          Box 32021 SMB
          Grand Cayman, Cayman Islands

      (c) Citizenship.

          Mr. Smithline is a United States citizen.

          Centrecourt is organized and existing in Delaware.

          CAMOFI is organized and existing in the Cayman Islands.

      (d) Title of Class of Securities.

          Common Stock, $0.001 par value

      (e) CUSIP Number.

          007624109



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 Act.
      (b) [ ] Bank as defined in Section 3(a)(6) of the Act.
      (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act.
      (d) [ ] Investment Company registered under Section 8 of the
              Investment Company Act.
      (e) [ ] Investment Adviser in accordance with Sec.
              240.13d-1(b)(1)(ii)(E).
      (f) [ ] Employee Benefit Plan or Endowment Fund in accordance with
              Sec. 240.13d-1(b)(1)(ii)(F).
      (g) [ ] Parent holding company, in accordance with Sec.
              240.13d-1(b)(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 of 1940.
      (j) [ ] Group, in accordance with Sec. 240.13d-1(b)(1)(ii)(J).

      If this statement is filed pursuant to Sec. 240.13d-1(c), check this box
                                                                            |X|.

Item 4. Ownership

      (a) Amount Beneficially Owned.

                                    Mr. Smithline: 25,839,769 (comprised of
                                    8,023,103 shares of Common Stock and
                                    12,653,332 shares of Common Stock underlying
                                    Warrants held by CAMOFI, of which Mr.
                                    Smithline is a director and 2,000,000 shares
                                    of Common Stock and 3,163,334 shares of
                                    Common Stock underlying Warrants held by
                                    CAMHZN Master LDC, of which Mr. Smithline is
                                    a director).

                                    Centrecourt: 25,839,769 (comprised of
                                    8,023,103 shares of Common Stock and
                                    12,653,332 shares of Common Stock underlying
                                    Warrants held by CAMOFI, of which
                                    Centrecourt is the investment manager and
                                    2,000,000 shares of Common Stock and
                                    3,163,334 shares of Common Stock underlying
                                    Warrants held by CAMHZN Master LDC, of which
                                    Centrecourt is the investment manager).

                                    CAMOFI:  20,676,435 (comprised of
                                    8,023,103 shares of Common Stock and
                                    12,653,332 shares of Common Stock
                                    underlying Warrants).

      (b) Percent of Class.   Mr. Smithline: 9.99%*
                              Centrecourt: 9.99%*
                              CAMOFI: 9.99%*

                              *Pursuant to the terms of the Warrant Agreements,
                              Advaxis, Inc. has agreed that the number of shares
                              of Common Stock that may be acquired by the holder
                              of any Warrants upon any conversion thereof (or
                              otherwise in respect thereof) shall be limited to
                              the extent necessary to insure that, following
                              such conversion (or other issuance), the total
                              number of shares of Common Stock then beneficially
                              owned by such holder does not exceed 9.99% of the
                              total number of issued and outstanding shares of
                              Common Stock. If not for the 9.99% restriction
                              described above, the ownership percentages held by
                              each of Mr. Smithline, Centrecourt and CAMOFI
                              would be 21.3%, 21.3% and 17.5%, respectively.



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

      (i) sole power to vote or to direct the vote:    Mr. Smithline: 25,839,769
                                                       Centrecourt: 25,839,769
                                                       CAMOFI: 20,676,435

      (ii) shared power to vote or to direct the vote: Mr. Smithline: 0
                                                       Centrecourt: 0
                                                       CAMOFI: 0

      (iii) sole power to dispose or to direct the disposition of:
                                                       Mr. Smithline: 25,839,769
                                                       Centrecourt: 25,839,769
                                                       CAMOFI: 20,676,435

      (iv) shared power to dispose or to direct the disposition of:
                                                       Mr. Smithline: 0
                                                       Centrecourt: 0
                                                       CAMOFI: 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 [ ]

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.

        See Item 4(a) above, which is incorporated by reference herein.

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

        The Reporting Persons may be deemed to constitute a group with one
        another pursuant to Section 13 of the Securities Exchange Act of 1934.
        The Reporting Persons do not affirm the existence of such a group.

Item 9. Notice of Dissolution of Group.

        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 that
        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.

Date: October 17, 2007


/s/ Richard Smithline
---------------------
Richard Smithline


Centrecourt Asset Management LLC

By: /s/ Richard Smithline
    -------------------------
Name:  Richard Smithline
Title: Managing Member


CAMOFI Master LDC

By: /s/ Richard Smithline
    -------------------------
Name:  Richard Smithline
Title: Director

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



                                    EXHIBIT A

                                    AGREEMENT
                          JOINT FILING OF SCHEDULE 13G

      The undersigned hereby agree jointly to prepare and file with regulatory
authorities a Schedule 13G and any amendments thereto reporting each of the
undersigned's ownership of securities of Advaxis, Inc. and hereby affirm that
such Schedule 13G is being filed on behalf of each of the undersigned.

Date: October 17, 2007


/s/ Richard Smithline
---------------------
Richard Smithline


Centrecourt Asset Management LLC

By: /s/ Richard Smithline
    -------------------------
Name:  Richard Smithline
Title: Managing Member


CAMOFI Master LDC

By: /s/ Richard Smithline
    -------------------------
Name:  Richard Smithline
Title: Director