FORM 3 OMB APPROVAL
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OMB Number: 3235-0104
Expires: October 31, 2001
Estimated average burden
hours per response....0.5
UNITED STATES 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
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<S> <C> <C> <C>
(Print or type responses)
1. Name and Address of Reporting Person* 2. Date of Event Requiring 4. Issuer Name and Ticker or Trading
Statement (Month/Day/Year) Symbol
CYBEAR, INC. 3-27-00 AHT CORPORATION (AHTC)
- ----------------------------------------
(Last) (First) (Middle) 3. IRS Identification 5. Relationship of Reporting Person(s) 6. If Amendment, Date
Number of Reporting Person to Issuer (Check all applicable) of Original
if an entity (Voluntary) ____ Director X 10% Owner (Month/Day/Year)
5000 BLUE LAKE DRIVE, SUITE 200 ____ Officer _____ Other
- ---------------------------------------- (give title below) (specify below) 7. Individual or
(Street) Joint/Group Filing
______________________ (Check Applicable
Line)
BOCA RATON, FLORIDA 33431 X Form filed by One
- ---------------------------------------- Reporting Person
(City) (State) (Zip) ___ Form filed by
More than One
Reporting Person
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TABLE I - NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities Beneficially Owned 3. Ownership 4. Nature of Indirect
(Instr. 4) (Instr. 4) Form: Direct (D) Beneficial Ownership
or Indirect (I) (Instr. 5)
(Instr. 5)
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
* If the form is filed by more than one reporting person, see Instruction 5(b)(v). SEC1473 (3-00)
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FORM 3 (continued)
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TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G. PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C>
1. Title of Security 2. Date Exercisable and Expiration 3. Title and Amount of Securities 4. Conversion 5. Ownership 6. Nature of
Date (Month/Day/Year) Underlying Derivative Security of Exercise Form of Indirect
(Instr. 4) Price of Derivative Beneficial
Derivative Security Direct Ownership
Security (D) or Indirect (Instr. 5)
(I) (Instr. 5)
Date Exercisable Expiration Date Title Amount of
Number of
Shares
CONVERTIBLE NOTE IMMEDIATELY 3-31-01 COMMON STOCK, 1,126,194 (1) D
$.01 PAR VALUE
WARRANT IMMEDIATELY 3-31-05 COMMON STOCK, 300,000 $4.34 D
$.01 PAR VALUE
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Explanation of Responses:
(1) Pursuant to the terms of the Convertible Note, the conversion price is $3.5518 as of April 3, 2000, CYBEAR, INC.
based on the average closing price of the common stock on the NASDAQ National Market for the 30
consecutive trading days immediately prior to April 3, 2000, multiplied by .80. By: /s/ TIMOTHY E. NOLAN
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Name: Timothy E. Nolan
Title: President
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Date: April 4, 2000
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient,
SEE Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number
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