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*
Kundun Gursh
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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. (WHAT)
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3. I.R.S. or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year December 19999
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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 - Secretary/Treasurer
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[ ] Other
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>
Amount of
Securities
Beneficially Ownership
Owned at Form:
Acquired or end of Issuer's Direct or
Title of Security Transaction Date Transaction Code Amount Disposed of Price Fiscal Year Indirect
- ----------------- ---------------- ---------------- ------- ----------- ----- ----------- --------
<S> <C> <C> <C> <C> <C> <C> <C>
Stock Options 12/16/99 A 500,000 A $0 500,000 D
</TABLE>
* If the form is filed by more than one reporting person, see instruciton
4(b)(v).
<PAGE>
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Tabel II - Derivative Securities Acwuired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
Number of
Conversion or Derivative Securites
Exercise Price Acquired (A)
Title of Derivative of Derivative Transaction Transaction or Disposed
Security Security Date Code of (D)
- -------- -------- ---- ---- ------
<S> <C> <C> <C> <C>
None
</TABLE>
Explanation of Responses:
/s/ Gursh Kundan 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.
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