<PAGE>
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OMB APPROVAL
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OMB Number 3235-0287
Expires: 12-31-2001
Estimated average burden
hours per response ....... 0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
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*
See Jackie R.
________________________________________________________________________________
(Last) (First) (Middle)
1325 Airmotive Way, Suite 125
________________________________________________________________________________
(Street)
Reno, NV 89502
________________________________________________________________________________
(City) (State) (Zip)
________________________________________________________________________________
2. Issuer Name and Ticker or Trading Symbol
Harvard Scientific Corp. HVSF
________________________________________________________________________________
3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
________________________________________________________________________________
4. Statement for Month/Year
4/99-6/99
________________________________________________________________________________
5. If Amendment, Date of Original (Month/Year)
================================================================================
6. Relationship of Reporting Person to Issuer
(Check all applicable)
[X] Director [X] 10% Owner
[_] Officer (give title below) [_] Other (specify below)
________________________________________________________________________________
7. Individual or Joint/Group Filing (Check applicable line)
[X] Form filed by 1 Reporting Person
[_] Form filed by more than 1 Reporting Person
________________________________________________________________________________
================================================================================
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
================================================================================
<TABLE>
<CAPTION>
6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ------------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock 04/14/99 J 200,000 D n/a D(3)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 04/14/99 S 100,000 D $0.50 D(3)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 04/21/99 S 2,000 D $0.50 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 04/22/99 S 2,000 D $0.50 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 04/23/99 S 2,000 D $0.625 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 04/26/99 S 2,000 D $0.90625 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
(see continuation sheet for additional sales) D 1,155,039 D/I (2)
====================================================================================================================================
</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Print or Type Responses)
(Over)
SEC 1474(3-99)
<PAGE>
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
================================================================================
<TABLE>
<CAPTION>
10.
9. Owner-
Number ship
of Form
2. Deriv- of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
or Derivative 6. of Underlying 8. ities Secur- of
Exer- 4. Securities Date Securities Price Bene- ity: In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship
Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
====================================================================================================================================
</TABLE>
Explanation of Responses:
(1) Represents a sale of shares held by Bio-Sphere Technology, Inc. ("BTI"), a
corporation in which Dr. See is officer, director and shareholder.
(2) Reported holdings of non-derivative securities at month-end represent (a)
662,639 shares held by Dr. See in his individual capacity, (b) 392,400 shares
held by BTI, and (c) 100,000 shares of Common Stock held by the Wassgren Anita
See Trust, a trust in which Dr. See's spouse is the settlor and trustee (the
"Trust"). Dr. See disclaims beneficial ownership in all shares held by BTI other
than to the extent of his pecuniary interest therein and disclaims any
beneficial ownership in all shares held by the Trust.
(3) Pursuant to an agreement with the issuer in settlement of a promissory note
obligation, Dr. See has agreed to dispose of all of the issuer's shares held by
Dr. See in his individual capacity for the benefit of the issuer. The proceeds
of all shares sold by Dr. See individually pursuant to this arrangement will be
forwarded either to or at the direction of the issuer. Pursuant to this
arrangement, Dr. See transferred 200,000 shares in April 1999 and an additional
100,000 shares in June 1999 at the direction of the issuer to a consultant to
the issuer.
/S/ Jackie R. See 07/09/99
- --------------------------------------------- -----------------------
**Signature of Reporting Person Date
** 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.
Page 2 of 6
<PAGE>
FORM 4 (continued)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
================================================================================
1. Name and Address of Reporting Person*
See, Jackie R.
- --------------------------------------------------------------------------------
(Last) (First) (Middle)
1325 Airmotive Way, Suite 125
- --------------------------------------------------------------------------------
(Street)
Reno, NV 89502
- --------------------------------------------------------------------------------
(City) (State) (Zip)
================================================================================
2. Issuer Name and Ticker or Trading Symbol
Harvard Scientific Corp. HVSF
================================================================================
3. IRS or Social Security Number of Reporting Person (Voluntary)
================================================================================
4. Statement for Month/Year
4/99-6/99
================================================================================
<TABLE>
<CAPTION>
6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ------------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock 04/27/99 S 2,000 D $0.81250 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 04/28/99 S 2,000 D $0.81250 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 04/29/99 S 1,000 D $0.81250 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 04/29/99 S 1,000 D $0.81250 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 04/30/99 S 2,000 D $0.81250 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 04/30/99 S 2,500 D $0.00160 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 04/30/99 S 2,500 D $1.12500 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/03/99 S 5,000 D $1.00000 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/03/99 S 1,000 D $1.03125 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/03/99 S 1,000 D $0.93750 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/03/99 S 1,000 D $0.90625 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/04/99 S 5,000 D $1.18750 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/04/99 S 4,000 D $1.21870 I (1)
====================================================================================================================================
</TABLE>
Page 3 of 6
<PAGE>
FORM 4 (continued)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
================================================================================
1. Name and Address of Reporting Person*
See, Jackie R.
- --------------------------------------------------------------------------------
(Last) (First) (Middle)
1325 Airmotive Way, Suite 125
- --------------------------------------------------------------------------------
(Street)
Reno, NV 89502
- --------------------------------------------------------------------------------
(City) (State) (Zip)
================================================================================
2. Issuer Name and Ticker or Trading Symbol
Harvard Scientific Corp. HVSF
================================================================================
3. IRS or Social Security Number of Reporting Person (Voluntary)
================================================================================
4. Statement for Month/Year
4/99-6/99
================================================================================
<TABLE>
<CAPTION>
6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ------------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock 05/04/99 S 4,000 D $1.25000 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/04/99 S 2,000 D $1.12500 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/05/99 S 5,000 D $1.68750 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/05/99 S 5,000 D $1.71870 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/05/99 S 4,500 D $1.75000 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/05/99 S 4,000 D $1.37500 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/05/99 S 3,000 D $1.75000 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/05/99 S 2,000 D $1.50000 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/05/99 S 2,000 D $1.68750 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/05/99 J 500 D $1.68750 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/05/99 S 500 D $1.62500 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/05/99 S 500 D $1.81250 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/06/99 S 46,000 D $1.87770 I (1)
====================================================================================================================================
</TABLE>
Page 4 of 6
<PAGE>
FORM 4 (continued)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
================================================================================
1. Name and Address of Reporting Person*
See, Jackie R.
- --------------------------------------------------------------------------------
(Last) (First) (Middle)
1325 Airmotive Way, Suite 125
- --------------------------------------------------------------------------------
(Street)
Reno, NV 89502
- --------------------------------------------------------------------------------
(City) (State) (Zip)
================================================================================
2. Issuer Name and Ticker or Trading Symbol
Harvard Scientific Corp. HVSF
================================================================================
3. IRS or Social Security Number of Reporting Person (Voluntary)
================================================================================
4. Statement for Month/Year
4/99-6/99
================================================================================
<TABLE>
<CAPTION>
6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ------------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock 05/06/99 S 5,200 D $2.31250 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/06/99 S 1,800 D $2.25000 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/06/99 S 1,000 D $2.00000 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/06/99 S 1,000 D $1.75000 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/06/99 S 500 D $2.12500 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/06/99 S 500 D $1.81250 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/07/99 S 2,000 D $1.18750 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/07/99 S 1,000 D $1.50000 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/07/99 S 1,000 D $1.37500 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/07/99 S 1,000 D $1.12500 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/07/99 S 1,000 D $1.25000 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/07/99 S 1,000 D $1.18750 I (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 05/07/99 S 1,000 D $1.12500 I (1)
====================================================================================================================================
</TABLE>
Page 5 of 6
<PAGE>
FORM 4 (continued)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
================================================================================
1. Name and Address of Reporting Person*
See, Jackie R.
- --------------------------------------------------------------------------------
(Last) (First) (Middle)
1325 Airmotive Way, Suite 125
- --------------------------------------------------------------------------------
(Street)
Reno, NV 89502
- --------------------------------------------------------------------------------
(City) (State) (Zip)
================================================================================
2. Issuer Name and Ticker or Trading Symbol
Harvard Scientific Corp. HVSF
================================================================================
3. IRS or Social Security Number of Reporting Person (Voluntary)
================================================================================
4. Statement for Month/Year
4/99-6/99
================================================================================
<TABLE>
<CAPTION>
6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ------------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock 06/15/99 J 100,000 D n/a D(3)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 06/24/99 S 5,000 D $0.93750 D
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 06/24/99 S 5,000 D $0.81250 D
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 06/24/99 S 2,500 D $0.84370 D
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 06/24/99 S 2,500 D $0.81250 D
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 06/24/99 S 2,500 D $0.81250 D
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 06/24/99 S 2,500 D $0.78120 D
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 06/25/99 S 5,000 D $0.75000 D
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 06/25/99 S 5,000 D $0.62500 D
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 06/25/99 S 2,500 D $0.65620 D
- ------------------------------------------------------------------------------------------------------------------------------------
1,155,039 D/I (2)
====================================================================================================================================
</TABLE>
EXPLANATION:
- ------------
(1) Represents a sale of shares held by Bio-Sphere Technology, Inc. ("BTI"), a
corporation in which Dr. See is officer, director and shareholder.
(2) Reported holdings of non-derivative securities at month-end represent (a)
662,639 shares held by Dr. See in his individual capacity, (b) 392,400
shares held by BTI, and (c) 100,000 shares of Common Stock held by the
Wassgren Anita See Trust, a trust in which Dr. See's spouse is the settlor
and trustee (the "Trust"). Dr. See disclaims beneficial ownership in all
shares held by BTI other than to the extent of his pecuniary interest
therein and disclaims any beneficial ownership in all shares held by the
Trust.
(3) Pursuant to an agreement with the issuer in settlement of a promissory note
obligation, Dr. See has agreed to dispose of all of the issuer's shares
held by Dr. See in his individual capacity for the benefit of the issuer.
The proceeds of all shares sold by Dr. See individually pursuant to this
arrangement will be forwarded either to or at the direction of the issuer.
Pursuant to this arrangement, Dr. See transferred 200,000 shares in April
1999 and an additional 100,000 shares in June 1999 at the direction of the
issuer to a consultant to the issuer.
Page 6 of 6
