UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 3
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INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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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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(Print of Type Response)
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1. Name and Address of Reporting Person
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GSM Communications, Inc.
7221 Brickell Avenue, Suite 900
Miami, Florida 33131
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2. Date of Event Requiring Statement (Month/Day/Year)
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10/04/99
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3. IRS or Social Security Number of Reporting Person
(Voluntary)
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4. Issuer Name and Ticker or Trading Symbol
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i-Incubator.com, Inc. (ICBT)(formerly known as Master
Communication Corp.)
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5. Relationship of Reporting Person to Issuer (Check all
applicable)
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( )Director (X) 10% Owner ( ) Officer (give title below)
( ) Other(specify below)
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6. If Amendment, Date of Original (Month/Day/Year)
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Not Applicable
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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
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<TABLE>
<S> <C> <C> <C>
1. Title of Security 2. Amount of Securities 3. Ownership Form 4. Nature of Indirect
(Instr. 4) Beneficial Owned Direct (D) or Beneficial Ownership
Instr. 4 Indirect (I) Instr. 5
Instr. 5
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Common stock,
$.0001 par value 3,000,000 Indirect Michael D. Farkas,
<P> (As of 10/4/99, 1,000,000 as the President and
shares held; prior to 3 sole shareholder of
for 1 forward stock split GSM Communications,
undertaken on 11/11/99) Inc.
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Reminder: Report on a separate line for each class of
securities beneficially owned directly or indirectly. SEC
1473 (7-96)
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* If form is filed by more than one reporting
person, see Instruction 5(b)(v).
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Form 3 (continued)
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Table II - Derivative Securities Beneficially Owned (e.g.,
puts, calls, warrants, options, convertible securities)
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<TABLE>
<S> <C> <C> <C> <C> <C>
1.Title of Derivative 2. Date Exer- 3. Title and 4. Conversion 5. Ownership 6. Nature of
Securit cisable and Amount of or Exercise Form of Indirect
Instr. 4 Expiration Securities Price of Derivative Beneficial
Date Underlying Derivative Security: Ownership
Month/Date/ Derivative Direct or Instr. 5
Year Security Indirect
Instr. 4 Instr. 5
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Date Expiration Amount of
Exer- Date Title Number of
cisable Shares
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None
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Explanation of Responses: None
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By: /s/ Michael D. Farkas November 17, 2000
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Michael D. Farkas, President Date
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** Intentional misstatements or omissions of facts
constitute Federal Criminal Violations. See 18 U.S.C. 1001
and 15 U.S.C. 78ff(a).
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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.
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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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