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---------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION
FORM 4 WASHINGTON D.C., 20549
---------- STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[X] Check this box if no longer Filed pursuant to Section 16(a) of the Securities and Exchange Act of 1934,
subject to Section 16. Form Section 17(a) of the Public Utility Holding Company Act of 1935 or
4 or Form 5 obligations may Section 30(f) of the Investment Company Act of 1940
continue. See Instruction 1(b).
(Print or Type Responses)
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1. Name and Address of Reporting | 2. Issuer Name and Ticker or Trading Symbol | 6. Relationship of Reporting Person(s)
Person* | | to Issuer (Check all applicable)
Lillian Trust | Balanced Care Corporation (Symbol: BAL) | _____ Director __X__ 10% Owner
-------------------------------------------------------------------------------------------| _____ Officer (give title below)
(Last) (First) (Middle) | 3. IRS or Social | 4. Statement for | _____ Other (specify below)
| Security Number | Month/Year |
| of Reporting | October 2000 | ________________________________
Herengracht 483 | Person, if an entity |-------------------------|----------------------------------------
---------------------------------------| (Voluntary) | 5. If Amendment, | 7. Individual or Joint/Group Filing
(Street) | | Date of Original | (Check Applicable Line)
| | (Month/Year) | _____ Form filed by One Reporting
| | | Person
| | | __X__ Form filed by More than One
1017 BT, Amsterdam, The Netherlands | | | Reporting Person
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(City) (State) (Zip) | Table I - Non Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1. Title of Security | 2.Transaction | 3.Transaction | 4.Securities Acquired(A) | 5.Amount of | 6.Owner-| 7.Nature
(Instr. 3) | Date | Code | or Disposed of (D) | Securities | ship | of
| | (Instr. 8) | (Instr. 3, 4, and 5) | Beneficially| Form: | Indirect
| | --------------|--------------------------| Owned at End| Direct | Bene-
| | | | | | | of Month | (D) or | ficial
| (Month/ | | | | (A) | | (Instr. 3 | Indirect| Owner-
| Day/ | | | | or | | and 4) | (I) | ship
| Year) | Code | V | Amount | (D) | Price | |(Instr.4)|(Instr.4)
---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
Common Stock | 10/16/00 | P | | 6,100| A | 1.00| 18,212,100| I | (1)
---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
Common Stock | 10/17/00 | P | | 7,700| A | 1.00| 18,212,100| I | (1)
---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
Common Stock | 10/18/00 | P | | 67,700| A | 1.00| 18,212,100| I | (1)
---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
Common Stock | 10/19/00 | P | | 30,300| A | 1.00| 18,212,100| I | (1)
---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
Common Stock | 10/20/00 | P | | 4,200| A | 1.00| 18,212,100| I | (1)
---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
Common Stock | 10/23/00 | P | | 2,800| A | 1.00| 18,212,100| I | (1)
---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
| | | | | | | | |
---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
| | | | | | | | |
---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
* If the Form is filed by more than one Reporting Person see Instruction 4(b)(v). (Over)
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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(Print or Type Responses)
FORM 4 (CONTINUED) TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1.Title of Derivative Security | 2.Conversion | 3.Transaction | 4.Transaction | 5.Number of | 6.Date Exer- | 7.Title and Amount
(Instr. 3) | or Exercise | Date | Code | Derivative | cisable and | of Underlying
| Price of | | (Instr. 8) | Securities | Expiration Date | Securities
| Derivative | (Month/Day/ | | Acquired (A) | (Month/Day/Year) | (Instr. 3 and 4)
| Security | Year) | | or Disposed | |
| | | | of (D) |--------------------------------------
| | | | (Instr. 3, | Date | Expir- | | Amount or
| | | | 4, and 5) | Exer- | ation | Title | Number of
| | |---------------|--------------| cisable | Date | | Shares
| | | Code | V | (A) | (D) | | | |
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| | | | | | | | | |
-------------------------------|--------------|---------------|-------|-------|------|-------|---------|--------|--------|----------
| | | | | | | | | |
-------------------------------|--------------|---------------|-------|-------|------|-------|---------|--------|--------|----------
| | | | | | | | | |
-------------------------------|--------------|---------------|-------|-------|------|-------|---------|--------|--------|----------
| | | | | | | | | |
-------------------------------|--------------|---------------|-------|-------|------|-------|---------|--------|--------|----------
| | | | | | | | | |
-------------------------------|--------------|---------------|-------|-------|------|-------|---------|--------|--------|----------
| | | | | | | | | |
-------------------------------|--------------|---------------|-------|-------|------|-------|---------|--------|--------|----------
| | | | | | | | | |
-------------------------------|--------------|---------------|-------|-------|------|-------|---------|--------|--------|----------
| | | | | | | | | |
-------------------------------|--------------|---------------|-------|-------|------|-------|---------|--------|--------|----------
| | | | | | | | | |
-------------------------------|--------------|---------------|-------|-------|------|-------|---------|--------|--------|----------
| | | | | | | | | |
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8.Price of | 9.Number of | 10.Ownership | 11.Nature of |
Derivative | Derivative | Form of | Indirect |
Security | Securities | Derivative | Beneficial |
(Instr. 5) | Beneficially | Security; | Ownership |
| Owned at End | Direct (D) or | (Instr. 4) |
| of Month | Indirect (I) | |
| (Instr. 4) | (Instr. 4) | |
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Explanation of Responses:
Note 1: These shares are owned directly by IPC Advisors S.A.R.L. These shares may be deemed to be owned indirectly by LXB
Investments Limited as the sole shareholder of IPC Advisors S.A.R.L., by the Lillian Trust, as the sole shareholder of
LXB Investments Limited, and by RBC Trustees (Guernsey) Limited, formerly known as the Monument Trust Company Limited, as
the trustee of the Lillian Trust.
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. RBC Trustees (Guernsey) Limited
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Geoff Le Page 11/ /00
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 Date
Person
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JOINT FILER INFORMATION
Name: LXB Investments Limited
Address: Walker House, Mary Street
George Town, Grand Cayman
Cayman Islands
c/o Herengracht 483
1017 BT, Amsterdam
The Netherlands
Designated Filer: The Lillian Trust
Issuer & Ticker Symbol: Balanced Care Corporation - BAL
Statement of Month/Year: October 2000
Signature: J.B. Unsworth
---------------------------------
By: J.B. Unsworth, Director
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JOINT FILER INFORMATION
Name: RBC Trustees (Guernsey) Limited
Address: P.O. Box 48
Canada Court
St. Peter Port
Guernsey, Channel Islands
GY1 3BQ
Designated Filer: The Lillian Trust
Issuer & Ticker Symbol: Balanced Care Corporation - BAL
Statement of Month/Year: October 2000
Signature: Geoff Le Page
---------------------------------
By: RBC Trustees (Guernsey) Limited,
in its capacity as trustee of the Lillian Trust
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JOINT FILER INFORMATION
Name: IPC Advisors S.A.R.L.
Address: 28 rue Jean Baptiste Fresez
L-1542 Luxembourg
Designated Filer: The Lillian Trust
Issuer & Ticker Symbol: Balanced Care Corporation - BAL
Statement of Month/Year: October 2000
Signature: J.B. Unsworth
------------------------------
By: J.B. Unsworth, Manager
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