FORM 4
OMB Approval
OMB Number 3235-0362
Expires: February 1, 1994
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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)
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<S> <C>
1. Name and Address of Reporting Person: Meilahn, David E.
P.O. Box 968
Lake Stevens, WA 98258
2. Issuer Name and Ticker or Trading Symbol: Mariculture Systems, Inc.
3. IRS or SSN of Reporting Person (Voluntary):
4. Statement for Month/Year 01/02/01
5. If Amendment, Date of Original:
6. Relation of Reporting Person to Issuer X Director
X 10% owner
X Officer (Title): President
_ Other (Specify)
X Filed by One Reporting Person.
__ Filed by more than One Reporting Person.
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TABLE I - NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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<S> <C> <C>
1. Title of Security: Common Stock Promissory Note
2. Transaction Date 01/02/01 01/02/01
3. Transaction Code
4. Securities Acquired (A) or Disposed (D): Amount: 100
A or D: A
Price: $100
5. Amount of Securities Beneficially Owned at end
of Month: 2,366,060 $51,970.97
6. Ownership Form; Direct (D): D- 2,226,521 D- $21,970.00
or Indirect (I): I - 139,539 I- $30,000.97
7. Nature of Indirect Beneficial Ownership: 95,966 shares in self $30,000.97 Promissory
directed IRA account. Notes ($14,400.97,
17,400 shares owned by $10,600.00 and $5,000.00)
wife 26,173 shares in self owed by wife.
directed IRA account of
wife.
</TABLE>
*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.
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FORM 4 (continued)
TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED
1. Title of Derivative Security: N/A
2. Conversion or Exercise Price of Derivative Security:
3. Transaction Date (M/D/Y):
4. Transaction Code:
V:
5. Number of Derivative Securities Acquired (A) or Disposed of (D):
6. Date Exercisable:
Expiration Date:
7. Title of Underlying Securities:
Amount or number of Shares:
8. Price of Derivative Security:
9. Number of Derivative Securities Beneficially Owned at end of
Month:
10. Ownership of Derivative Securities;
(D) Direct or (I) Indirect:
11. Nature of Indirect Beneficial Ownership:
EXPLANATION OF RESPONSES:
/s/ David E. Meilahn Date: 01/07/2001
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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).
