<PAGE> 1
<TABLE>
<S> <C> <C>
OMB APPROVAL
OMB Number: 3235-0287
U.S. SECURITIES AND EXCHANGE COMMISSION Expires: September 30, 1998
FORM 4 WASHINGTON D.C. 20549 Estimated Average Burden
Hours per response: 0.5
[ ] Check this box if no STATEMENT OF CHANGES IN BENEFICAL OWNERSHIP
longer subjects to
Section 16 Form 4 Filed pursuant to Section 16(a) of the Security Exchange Act of 1934,
obligations may Section 17(a) of the Public Utility Holding Company Act of 1935
continue. See or Section 30(f) of the Investment Company Act of 1940
Instruction 1(b)
</TABLE>
(Print or Type Responses)
--------------------------------------------------------------------------------
1. Name and Address of Reporting Person*
Global Credit Corp. (Overseas) Ltd.
-------------------------------------------------------------------------------
(Last) (First) (Middle)
3 Christchurch Square
-------------------------------------------------------------------------------
(Street)
Dublin 8, Ireland
-------------------------------------------------------------------------------
(City) (State) (Zip)
--------------------------------------------------------------------------------
2. Issuer Name and Ticker or Trading Symbol
The A Consulting Team, Inc. (TACX)
--------------------------------------------------------------------------------
3. IRS or Social Security 4. Statement for Month/Year
Number of Reporting
Person (Voluntary) 3/00
5. If Amendment, Date of
Original (Month/Year)
--------------------------------------------------------------------------------
6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[ ] Director [X] 10% Owner
[ ] Officer [ ] Other
(give title below) (Specify below)
--------------------------------------------------------------------------------
7. Individual or Joint/Group Reporting. (Check applicable line)
[ ] Form Filed by One Reporting Person
[X] Form Filed by More Than One Reporting Person
TABLE 1 - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF,
OR BENEFICIALLY OWNED
<TABLE>
<CAPTION>
1. Title of Security (Instr. 3) 2. Transaction 3. Transaction
Date Code (Instr. 4. Securities Acquired (A) or
8) Disposed of (D) (Instr. 3, 4 and 5)
(Month/
Day/Year)
---------------------------------------------------------------------------------------------------------------------
Code V Amount (A) or (D) Price
-------- -------- --------- ------------ -----------
<S> <C> <C> <C> <C> <C> <C>
Common Stock, par value $.01 per share J(1) 657,300 D (1)
<CAPTION>
1. Title of Security (Instr. 3) 5. Amount of 6. Ownership 7. Nature of
Securities Form: Direct Indirect
Beneficially (D) or Beneficial
Owned at End Indirect (I) Ownership
of Month (Instr. 4) (Instr.4)
(Instr. 3 and 4)
---------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Common Stock, par value $.01 per share 0
</TABLE>
(Over)
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 reporting person, see instruction
4(b)(v). SEC 1474 (7/96) Page 1 of 3
(1) The shares previously reported as owned by Global Credit Corp.
(Overseas) Ltd. and indirectly through controlled corporations by Mr. Charles
Ewert have been transferred from the account of Global Credit Corp. (Overseas)
Ltd. without the knowledge or consent of either of the joint filers.
<PAGE> 2
FORM 4 (CONTINUED)
TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<TABLE>
<CAPTION>
1. Title of 2. Conversion 3. Transaction 4. Transaction 5. Number of 6. Date Exercisable 7. Title and
Derivative or (Month/ (Instr. 8) Securities and Expiration Amount of
Security (Instr. Exercise Day/Year) Acquired Date Underlying
3) Price of (A) or (Month/Day/Year) Securities (Instr.
Derivative Disposed 3 and 4)
Security of (D)
(Instr.
3, 4 and
5)
Amount or
Code V (A) (D) Date Expiration Title Number of
Exercisable Date Shares
--------------------- --------------- -------------- ------- ------- ----- ------- ------------ ----------- ------ -----------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
<CAPTION>
8. Price of 9. Number of 10. Ownership 11. Nature of
Derivative Derivative Form of Indirect
Security Securities Derivative Beneficial
(Instr. 5) Beneficially Security (D) Ownership
Owned at or Indirect (Instr. 4)
End of (I) (Instr. 4)
Month
(Instr. 4)
<S> <C> <C> <C>
</TABLE>
Explanation of Responses SEC 1474 (7/96)
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
<TABLE>
<S> <C> <C>
/s/ Charles Ewert August 23, 2000
--------------------------- ------------------
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). **Signature of Authorized Date
Representative of the
Reporting Person
</TABLE>
Note: File three copies of this form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
Page 2 of 3
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.
<PAGE> 3
JOINT FILER INFORMATION
<TABLE>
<S> <C>
Name: Charles Ewert
Address: Residence des Princes
9B, Bd du Prince Henri
L-1724 Luxembourg
Designated Filer: Global Credit Corp. (Overseas) Ltd.
Issuer & Ticker Symbol: The A Consulting Team, Inc. (TACX)
Statement for Month/Year: August 23, 2000
</TABLE>
Signature: /s/ Charles Ewert
---------------------------------------
Charles Ewert
Page 3 of 3
