FORM 3
OMB Approval
OMB Number 3235-0104
Expires: February 1, 1994
U.S. 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(f) of the Investment
Company Act of 1940
___ Check if no longer subject to Section 16, Form 4 or Form 5, Obligation may
continue. See Instructions
_X_ Form 3 Holdings Reported
___ Form 4 Transaction
1. Name and Address of Reporting Person: David E. Meilahn
P.O. Box968
Lake Stevens, WA 98258
2. Date of Event Requiring Statement: 9/13/00
3. IRS or SSN of Reporting Person (Voluntary):
4. Issuer Name and Ticker or Trading Symbol: Mariculture Systems, Inc.
5. Relation of Reporting Person to Issuer X Director
X 10% owner
X Officer (Title): President
Secretary, Treasurer
_ Other (Specify)
6. If Amendment, Date of Original:
7. X Filed by One Reporting Person.
_ Filed by more than One Reporting Person.
TABLE I - NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
1.Title of Security: Common Stock Common Stock Common Stock Common Stock
2.Amount of 2,226,421 95,966 17,400 26,173
Securities
Beneficially
Owned:
3.Ownership Form; D I I I
Direct (D) or
Indirect (I):
<PAGE>
4. Nature of Shares in self- Shares owned by Shares in self-
Indirect Beneficial directed IRA wife of David directed IRA
Ownership: account Meilahn account of wife
of David Meilahn
TABLE I - NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED (continued)
1. Title of Security: Promissory Note Promissory Note Promissory Note
2. Amount of $21,970.00 $14,400.97 $10,600.00
Securities
Beneficially
Owned:
3. Ownership Form; D I I
Direct (D) or
Indirect (I):
4. Nature of N/A Promissory Note Promissory Note
Indirect Beneficial owned by wife of owned by wife of
Ownership: David Meilahn David Meilahn
*If the form is filed by more than one Reporting Person, see instruction 5(b)(v)
Reminder: Report on a separate Line for each class of securities beneficially
owned directly or indirectly.
TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED
1. Title of Derivative Security:
2. Date Exercisable and Expiration Date:
3. Title and Amount of Underlying Securities:
4. Conversion or Exercise Price of Derivative
Securities:
5. Ownership of Derivative Securities; Direct (D) or Indirect (I):
6. Nature of Indirect Beneficial Ownership:
EXPLANATION OF RESPONSES:
/s/ David E. Meilahn Date: 9/26/2000
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David E. Meilahn
**Signature of Reporting Person
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See Sections 18 U.S.C. 1001, 15 U.S.C. 78ff(a).
