FORM 3
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OMB APPROVAL
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OMB Number 3235-0104
Expires: April 30, 1997
Estimated average burden
hours per response...........0.5
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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
1. Name and Address of Reporting Person:
Dwayne Walker
720 Olive Way, Suite 920
Seattle, WA 98101
2. Date of Event Requiring Statement: December 20, 1996
3. IRS or Social Security Number of
Reporting Person (Voluntary)
4. Issuer Name and Ticker or Trading Symbol:
Kinetiks.Com, Inc.: KNET (1)
5. Relationship of Reporting Person to Issuer
10% Owner
6. If Amendment, Date of Original (Month/Day/Year).
Table I -- Non-Derivative Securities Beneficially Owned
<TABLE>
<CAPTION>
1. Title of Security 2. Amount of Securities 3. Ownership 4. Nature of Indirect Beneficial Ownership
(Instr. 4) Beneficially Owned Form: Direct
(Instr. 4) (D) or Indirect
(I) (Instr. 5)
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<S> <C> <S>
Common Stock 400,000 D
</TABLE>
Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly (Over)
(Print or Type Responses) SEC 1473 (8-92)
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FORM 3 (continued)
Table II-- Derivative Securities Beneficially Owned (e.g., puts, calls,
warrants, options, convertible securities)
<TABLE>
<CAPTION>
1. Title of 2. Date Exercisable 3. Title and Amount 4. Conversion or 5. Ownership 6. Nature of Indirect
Derivative and Expiration of Securities Underlying Exercise Price Form of Beneficial Ownership
Security Date Derivative Security of Derivative Derivative (Instr. 5)
(Instr. 4) (Month/Day/Year)(Instr. 4) Security Security:
Direct (D) or
Indirect (I)
(Instr. 5)
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Date Amount or
Exer- Expira- Title Number of
cisable tion Date Shares
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<S> <C> <C> <C> <C> <C> <C> <C>
</TABLE>
Explanation of Responses:
(1) Effective October 28, 1996, the Issuer's common stock was removed from
trading on the Nasdaq Small Cap Market because the Issuer had not maintained the
required levels of total assets, capital and surplus.
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, See Instruction 6 for procedure.
**Signature of Reporting Person Date: January 10, 1997.
/s/ Dwyane Walker
Dwayne Walker
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