FORM 5 OMB APPROVAL
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[ ] Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
ANNUAL 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
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1. Name and Address of Reporting Person*
Dhaliwal, Kesar Singh
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(Last) (First) (Middle)
300 - 15 Wertheim Court
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(Street)
Richmond Hill, Ontario L4B 3H7 Canada
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(City) (State) (Zip) (Country)
2. Issuer Name and Ticker or Trading Symbol WhatsOnline.com, Inc.
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3. I.R.S. or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year December 1999
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
[X] Director [ ] 10% Owner [X] Officer [ ] Other
President/Chief Executive Officer
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7. Individual or Joint/Group Filing (Check applicable line)
_____ Form Filed by One Reporting PErson
_____ Form Filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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<TABLE>
<CAPTION>
Amont of Securities
Beneficially owned Ownership Form:
Transaction Transaction Securities Acquired (A) at the end of Issuer's Direct (D) or
Title of Security Date Code Amount or Disposed of (D) Price Fiscal Year Indirect (I)
- ----------------- ---- ---- ------ ------------------ ----- ----------- ------------
<S> <C> <C> <C> <C> <C> <C> <C>
Stock Options 12/1/98 A 2,400,000 A $0 2,400,000 D
</TABLE>
* If the form is filed by more than one reporting person, see Instruction
4(b)(v).
<PAGE>
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
Conversion or
Exercise
Title of Price of Number of Derivative
Derivative Derivative Transaction Transaction Securities Acquired
Security Secuirty Date Code (A) or Disposed of
- -------- -------- ---- ---- ------------------
<S> <C> <C> <C> <C>
None
</TABLE>
Explanation of Responses:
/s/ Kesar S. Dhaliwal February 11, 2000
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** Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
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
