<PAGE> 1
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: Dennis Blomquist
7777 East Main Street, #251, Scottsdale, AZ 85251
2. Issuer Name and Ticker or Trading Symbol:
REXFORD, INC. (RXFD)
3. IRS or Social Security Number of Reporting Person (Voluntary):
4. Statement for Month/Year: 06/99
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 (X) 10% Owner ( ) Other
Title: 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 I
NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
1. Title of Security: Common Stock
2. Transaction Date (Month/Day/Year): 6/30/99
3. Transaction Code: Code: V: X
--- ----
4. Securities Acquired (A) or Disposed of (D):
Amount: (A) _______ Price: _________
Amount: (D) 117,000 Price: $0.082244
-------- ---------
5. Amount of Securities Beneficially Owned at End of Month: 9,527,212
6. Ownership Form: Direct (D) or Indirect (I): (D) X (I)
--- ---
7. Nature of Indirect Beneficial Ownership: N/A
<PAGE> 2
TABLE II
DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF OR BENEFICIALLY OWNED
1. Title of Derivative Security: N/A
2. Conversion or Exercise Price of Derivative Security: N/A
3. Transaction Date (Month/Day/Year): N/A
4. Transaction Code: Code: ___ V: __
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(A) (D)
------------ ------------
6. Date Exercisable and Expiration Date (Month/Day/Year):
Date Exercisable: Expiration Date:
7. Title and Amount of Underlying Securities:
Title: Amount or Number of Shares
-------------- -------
8. Price of Derivative Security:
9. Number of Derivative Securities Beneficially Owned at End of Month:
N/A
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I):
(D) (I)
-- ---
11. Nature of Indirect Beneficial Ownership: N/A
Explanation of Responses: N/A
Signature of Reporting Person: /S/Dennis Blomquist
Date: 7/2/99