U.S. SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 3
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
1. Name and Address of Reporting Person*
Intrepid International S.A.
(Last) (First) (Middle)
Torre Universal, Ave. Federico Boyd, Piso No. 12 (Penthouse)
(Street)
Panama, Republic of Panama
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
10/24/99
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
DP Charters, Inc. [DPCI]
5. Relationship of Reporting Person to Issuer
(Check all applicable)
( ) Director (xx) 10% Owner
( ) Officer (give title below) ( ) Other (specify
below)
6. If Amendment, Date of Original (Month/Year)
7. Individual of 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 Beneficially Owned
Title of
Security
(Instr. 4)
Amount of
Securities
Beneficially
Owned
(Instr. 4)
Ownership Form:
Direct (D) or
Indirect (I)
(Instr. 5)
Nature of
Indirect
Beneficial
Ownership
(Instr. 5)
Common Stock
15,000,000
D
N/A
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
2. Date Exercisable and
Expiration Date
(Month/Day/Year)
3. Title and
Amount of
Securities
Underlying
Derivative
Security
(Instr. 4)
1. Title of
Derivative
Security
(Instr. 4)
Date
Exercisable
Expiration
Date
Title
Amount or
Number of
Shares
4.
Conversion
or Exercise
Price of
Derivative
Security
5. Owner-
ship Form
of
Derivative
Security:
Direct (D)
or Indirect
(I)
(Instr. 5)
6. Nature
of Indirect
Beneficial
Ownership
(Instr. 5)
Explanation of Responses:
/s/ J. Dan Sifford, Managing Director, Intrepid International SA 1/20/00
** 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.
Alternatively, this form is permitted to be submitted
to the Commission in electronic format at the option of the reporting
person pursuant to Rule 101(b)(4) of Regulation S-T.
* If the Form is filed by more than one Reporting Person, see
Instruction 5(b) (v)
Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly.
