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OMB APPROVAL
OMB Number: 3235-0104
- ------------ Expires: September 30, 1998
FORM 3 U.S. SECURITIES AND EXCHANGE COMMISSION Estimated Average Burden
- ------------ WASHINGTON D.C. 20549 Hours per response:...0.5
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Security 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* 2. Date of Event 4. Issuer Name and Ticker or
Requiring Statement Trading Symbol
(Month/Day/Year)
The A Consulting Team, Inc.
Global Credit Corp. (Overseas) Ltd. 4/16/99 The A Consulting Team, Inc. (TACX)
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(Last) (First) (Middle) 3. IRS or Social 5. Relationship of Reporting 6. If Amendment, Date
Security Number of Persons(s) to Issuer of Original
Reporting Person (Check all applicable) (Month/ Day/Year)
(Voluntary)
3 Christchurch Square
- ------------------------------------------- _____ Director X 10% Owner 7. Individual or
(Street) _____ Officer ____ Other Joint/Group
(give title below) (specify below) Reporting. (CHECK
APPLICABLE LINE)
___ Form Filed by One
Reporting Person
_X_ Form Filed by More
Than One Reporting
Person
Dublin 8, Ireland
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(City) (State) (Zip) TABLE 1 - NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security (Instr. 4) 2. Amount of Securities 3. Ownership Form: Direct 4. Nature of Indirect
Beneficially Owned (D) or Indirect (I) (Instr. 5) Beneficial
(Instr. 4) Ownership
(Instr. 5)
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Common Stock, par value $.01 per share 552,800 (1) (1)
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Reminder: Report on a separate line for each class
of securities beneficially (Over)
owned directly or indirectly. Page 1 of 3
* If the form is filed by more than one reporting SEC1473 (7/96)
person, see instruction 5(b)(v).
(1) The shares shown are beneficially owned directly
by Global Credit Corp. (Overseas) Ltd. and
indirectly through controlled corporations, by
Charles Ewert, the joint filer. Mr. Ewert
disclaims beneficial ownership of these shares.
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FORM 3 (CONTINUED) TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS,
CONVERTIBLE SECURITIES)
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1. Title of Derivative 2. Date Exercisable and 3. Title and Amount of 4. Conversion or 5. Ownership 6. Nature of indirect
Security (Instr. 4) Expiration Date Securities Underlying Exercise Price Form of Beneficial
(Month/Day/Year) Derivative Security of Derivative Derivative Ownership
(Instr. 4) Security Security (D) (Instr. 5)
--------------------------------------------------- or Indirect
Date Expiration Title Amount of (I) (Instr.5)
Exercisable Date Number of
Shares
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Explanation of Responses:
**Intentional misstatements or omissions of facts /s/ Charles Ewert 30/4/99
constitute Federal Criminal Violations. ----------------------- --------
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Charles Ewert Date
**Signature of Authorized
Representative of the
Reporting Person
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Note: File three copies of this form, one of which must be manually signed.
If space provided 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
valid OMB Number.
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SEC 1473 (7/96)
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JOINT FILER INFORMATION
NAME: Charles Ewert
ADDRESS: Residence des Princes
9B, Bd Du Prince Henri
L-1724 Luxenbourg
DESIGNATED FILER: Global Credit Corp. (Overseas) Ltd.
ISSUE & TICKER SYMBOL: The A Consulting Team, Inc. (TACX)
DATE OF EVENT REQUIRING
STATEMENT: 4/16/99
SIGNATURE: /s/ Charles Ewert
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