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FORM 4
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[ ] Check this box if no longer
subject to Section 16. Form 4
or Form 5 obligations may
continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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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1. Name and Address of Reporting Person*
KURTZ KEN W.
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(Last) (First) (Middle)
3434 EAST 7800 SOUTH, #237
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(Street)
SALT LAKE CITY UTAH 84121
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
EASTPORT RED'S INCORPORATED
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3. IRS Or Social Security
Number of Reporting
Person (Voluntary)
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4. Statement for Month/Year
12/2000
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
[ ] Director [ ] 10% Owner
[ ] Officer (give title below) [X] Other (specify below)
FORMER OFFICER, DIRECTOR & 10% OWNER (1)
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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>
<CAPTION>
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TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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<S> <C> <C> <C> <C> <C> <C>
-------------------- ---------- ---------- ---------------------------- ---------------- ----------- ------------------
1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature of
(Instr. 3) action action or Disposed of (D) Securities ship Form: Indirect
Date Code (Instr. 3, 4 and 5) Beneficially Direct (D) Beneficial
(Month/ (Instr. 8) Owned at or Indirect Ownership
Day/ ----- ---- ----------- ------ --------- End of Month (I) (Instr. 4)
Year) (A) or (Instr. 3 and 4) (Instr. 4)
Code V Amount (D) Price
-------------------- ---------- ----- ---- ----------- ------ --------- ---------------- ----------- ------------------
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COMMON STOCK (2) 12/01/00 U 9,100,000 I $0 900,000 I INDIRECTLY HELD
THROUGH FIRST
AVENUE, LTD.
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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 reporting person, see Instruction
4(b)(v).
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<TABLE>
<CAPTION>
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Table II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(e.g., puts, calls, warrants, options, convertible securities)
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<S> <C> <C> <C> <C>
---------------------- ------------ ---------- ---------- ---------------------------
1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of Derivative
Security sion or action action Securities Acquired (A)
(Instr. 3) Exercise Date Code or Disposed of (D)
Price of (Month/ (Instr. 8) (Instr. 3,4, and 5)
Derivative Day/Year) ----- ---- ------------- -------------
Security Code V (A) (D)
---------------------- ------------ ---------- ----- ---- ------------- -------------
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</TABLE>
<TABLE>
<CAPTION>
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Table II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(e.g., puts, calls, warrants, options, convertible securities) (continued)
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<S> <C> <C> <C> <C> <C>
-------------------- ------------------------ ----------- ------------ ------------- -------------
6. Date Exercisable 7. Title and Amount of 8. Price of 9. Number of 10. Ownership 11. Nature of
and Expiration Underlying Securities Derivative Derivative Form of Indirect
Date (Instr. 3 and 4) Security Securities Derivative Beneficial
(Month/Day/Year) (Instr. 5) Beneficially Security: Ownership
--------- --------- ------------ ---------- Owned at Direct (D) (Instr. 4)
Date Expir- Title Amount or End of Month or Indirect
Exer- ation Number of (Instr. 4) (I)
cisable Date Shares (Instr. 4)
--------- --------- ------------ ---------- ----------- ------------ ------------- -------------
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</TABLE>
Explanation of Responses:
(1) KEN KURTZ IS RESIGNING AS AN OFFICER AND DIRECTOR OF THE COMPANY
EFFECTIVE DECEMBER 20, 2000.
(2) THESE SHARES OF COMMON STOCK HELD BY FIRST AVENUE, LTD. WERE CANCELED
PURSUANT TO A BOARD OF DIRECTORS RESOLUTION AND AN ASSET ACQUISITION
AGREEMENT, BOTH DATED DECEMBER 1, 2000.
/s/ KEN W. KURTZ 12/14/2000
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** Signature of Reporting Person Date
KEN W. KURTZ
** 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.
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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