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| FORM 3 | U.S. 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
(Print or Type Responses)
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1. Name and Address of Reporting Person*
CRESLIN LIMITED
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(Last) (First) (Middle)
c/o Tricon Holdings, LLC
1020 N.W. 163rd Drive
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(Street)
Miami FL 33169
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(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year) 11/22/00
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3. IRS Identification Number of Reporting Person if an Entity
(Voluntary)
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4. Issuer Name and Ticker or Trading Symbol PetMed Express, Inc. (PETS)
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5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
___ Director ___ Officer _X_ 10% Owner ___ Other
(give title below) (specify below)
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6. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint Group Filing (Check Applicable Line)
_X_ Form Filed by One Reporting Person
___ Form filed by More than One Reporting Person
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TABLE I--NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
<TABLE>
<CAPTION>
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1. Title 2. Amount of 3. Ownership Form: 4. Nature of
of Securities Bene- Direct (D) or Indirect Bene-
Security ficially Owned Indirect (I) ficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr. 5)
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<S> <C> <C> <C>
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Common Stock,
par value $.001
per share 2,000,000 I By Tricon
Holdings, LLC
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reported person, see Instruction
5(b)(v).
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TABLE II--DERIVATIVE SECURITIES BENEFICIALLY OWNED
(e.g., puts, calls, warrants, options, convertible securities)
<TABLE>
<CAPTION>
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1. Title of Derivative 2. Date Exer- 3. Title and Amount of Securities 4. Conversion 5. Ownership 6. Nature of In-
Security (Instr. 4) cisable and Underlying Derivative Security or Form of direct Bene-
Expiration (Instr. 4) Exercise Derivative ficial
Date Price Security: Ownership
(Month/Day/ of Direct (D) (Instr. 5)
Year) Derivative or In-
---------------------------------------------------- Security direct (I)
Date Expira- Amount or (Instr. 5)
Exer- tion Title Number of
cisable Date Shares
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<S> <C> <C> <C> <C> <C> <C> <C>
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Right to Purchase Common
Stock, par value $.001
per share* 11/22/00 2/20/01 Common Stock 6,000,000 $.20 per share I By Tricon
Holdings, LLC
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Warrant Exercisable for
Common Stock, par value
$.001 per share 11/22/00 11/22/05 Common Stock 2,400,000 $.33 per share I By Tricon
Holdings, LLC
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</TABLE>
Explanation of Responses:
* Pursuant to a Subscription Agreement, dated November 22, 2000, Tricon
Holdings, LLC acquired 10,000,000 shares of common stock, par value $.001
per share, of PetMed Express, Inc., of which 2,500,000 shares were
delivered at the closing and the remaining 7,500,000 shares have been
placed in escrow pending the payment of a promissory note in three equal
payments of principal and interest, the last of such payments becoming
due and payable on February 20, 2001.
** 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 is insufficient, See Instruction 6 for procedure.
CRESLIN LIMITED
By: /s/ Robert Guest 11/30/00
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Robert Guest, President
**Signature of Reporting Person Date
