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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
1. Name and Address of Reporting Person: Robert K. Ipson,
7430 South Wasatch Blvd., No. A-2, Salt Lake City, UT 84121
2. Issuer Name and Ticker or Trading Symbol: Powerball International, Inc.
(PRBL)
3. IRS or Social Security Number of Reporting Person (Voluntary):
4. Statement for Month/Year: 8/00
5. If Amendment, Date of Original (Month/Year):
6. Relationship of Reporting Person(s) to Issuer (Check all Applicable)
(X) Director (X) Officer, give title below ( ) 10% Owner ( ) Other
Title:
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
TABLE I
NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
1. Title of Security: Common Stock
2. Transaction Date (Month/Day/Year):
(i) 6/26/00
(ii) 8/3/00
3. Transaction Code:
(i) P
(ii)P
4. Securities Acquired (A) or Disposed of (D):
(i) (A) 40,000 shares
(ii)(A) 10,000 shares
<TABLE>
<CAPTION>
<C> <C> <C> <C>
1. Title 5. Amount of 6. Ownership Form: 7. Nature of
of Securities Direct(D)or Indirect Beneficial
Security Beneficially Owned Indirect(I) Ownership
At End of Month
-------- ------------------ --------------- -------------------
Common Stock 240,100 D N/A
Common Stock 69,200 I Shares held of record by Linda L.
Ipson, spouse of Robert K. Ipson
</TABLE>
TABLE II
DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF OR BENEFICIALLY OWNED
1. Title of Derivative Security: Warrants
2. Conversion or Exercise Price of Derivative Security:
(i) $1.00
(ii) $5.00
(iii) $1.00
(iv) $5.00
3. Transaction Date (Month/Day/Year):
(i) 6/26/00
(ii) 6/26/00
(iii) 8/3/00
(iv) 8/3/00
4. Transaction Code:
(i) X
(ii) J
(iii) X
(iv) J
5. Number of Derivative Securities Acquired (A) or Disposed of (D):
(i) (D) 40,000
(ii) (A) 40,000
(iii)(D) 10,000
(iv) (A) 10,000
6. Date Exercisable and Expiration Date (Month/Day/Year): exercisable 6/26/00
expiration 6/25/02
7. Title and Amount of Underlying Securities: Common Stock, 50,000
8. Price of Derivative Security: n/a (see explanation below)
9. Number of Derivative Securities Beneficially Owned at End of Month:
Bob Ipson Options 100,000
Warrants 160,000
Linda Ipson Warrants 30,000
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I):
(D) 100,000 Options
(D) 160,000 Warrants
(I) 30,000 Warrants
11. Nature of Indirect Beneficial Ownership:
The 30,000 Warrants are held by Linda Ipson, spouse of Robert Ipson
Explanation of Responses: The warrants listed in Table II were acquired as an
inducement for the exercise of a like number of lower priced warrants as
listed in the shares acquired in Table I.
Signature of Reporting Person: /S/ Robert K. Ipson
Date: 8/22/00
