FORM 3 OMB APPROVAL
OMB Number 3235-0104
Expires September 30, 1998
Estimated average burden
hours per response .....0.5
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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
(Print or Type Responses)
- --------------------------------------------
1. Name and Address of Reporting Person 2. Date of Event-
Requiring Statement
SOLVANG OYVIND (Month/Day/Year)
- -------------------------------------------- 3/10/99
(Last) (First) (Middle)
c/o C2, Inc.
700 North Water Street, Suite 1200
- --------------------------------------------
(Street) 3. IRS or Social Security
Number of Reporting
Milwaukee WI 53202 Person (Voluntary)
- --------------------------------------------
(City) (State) (Zip)
4. Issuer Name and Ticker or Trading Symbol
C2, Inc. (Nasdaq SmallCap Market: CTOO)
5. Relationship of Reporting Person 6. If Amendment, Date of
to Issuer Original
(Check all applicable) (Month/Day/Year)
| |Director [ ]10% Owner
[x]Officer (give [ ]Other (specify
title below) below)
Vice President
___________________
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>
<CAPTION>
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security 2. Amount of 3. Ownership 4. Nature of Indirect Beneficial Ownership
(Instr. 4) Securities Form: Direct (Instr. 5)
Beneficially (D) or
owned Indirect
(Instr. 4) (I) (Instr. 5)
<S> <C> <C> <C>
Common Stock 20,000 D
Common Stock 50,000 I (1)
Common Stock 433,086 I (2)
(1) Shares held in a trust for the benefit of a member of his family.
(2) Shares held in the name of his wife.
</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
5(b)(v).
<PAGE>
FORM 3 (continued)
<TABLE>
<CAPTION>
TABLE II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
- --------------------------------- ----------------- ----------------------------------- ----------- ------------ -------------------
1. Title of Derivative Security 2. Date Exer- 3. Title and Amount of Securities 4. Conver- 5. Owner- 6. Nature of
(Instr. 4) cisable and Underlying sion or ship Indirect
Expiration Derivative Security Exercise Form of Beneficial
Date (Instr. 4) Price Deri- Ownership
(Month/Day/Year) of vative (Instr. 5)
Deri- Security:
vative Direct
Security (D) or
Indirect
(I)(Instr.
5)
- --------------------------------- ----------------- ----------------------------------- ----------- ------------ -------------------
Amount
Date Expira- or
Exer- tion Title Number
cisable Date of
Shares
- --------------------------------- -------- -------- ------------------------ -------- ----------- ------------ -----------------
<S> <C> <C> <C> <C> <C> <C> <C>
- --------------------------------- -------- -------- ------------------------ -------- ----------- ------------ -----------------
- --------------------------------- -------- -------- ------------------------ -------- ----------- ------------ -----------------
- --------------------------------- -------- -------- ------------------------ -------- ----------- ------------ -----------------
- --------------------------------- -------- -------- ------------------------ -------- ----------- ------------ -----------------
- --------------------------------- -------- -------- ------------------------ -------- ----------- ------------ -----------------
Explanation of Responses:
</TABLE>
/S/Oyvind Solvang March 22, 1999
** Signature of Reporting Person Date
**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 provided is insufficient, see Instruction 6 for procedure.
