SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: MAS ACQUISITION III CORP. /DE/
CENTRAL INDEX KEY: 0001070289
STANDARD INDUSTRIAL CLASSIFICATION: []
IRS NUMBER: 35-1990562
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER:
FILM NUMBER:
BUSINESS ADDRESS:
STREET 1: 1710 E. Division St.
CITY: Evansville
STATE: IN
ZIP: 47711
BUSINESS PHONE: 812-479-7266
MAIL ADDRESS:
STREET 1: 1710 E. Division St.
CITY: Evansville
STATE: IN
ZIP: 47711
REPORTING-OWNER:
COMPANY DATA:
COMPANY CONFORMED NAME: Aaron Tsai
CENTRAL INDEX KEY:
STANDARD INDUSTRIAL CLASSIFICATION: []
RELATIONSHIP: Director, Officer and 10% Owner
FILING VALUES:
FORM TYPE: 3
BUSINESS ADDRESS:
STREET: 1710 E. Division St.
CITY: Evansville
STATE: IN
ZIP: 47711
BUSINESS PHONE: 812-479-7266
[DESCRIPTION]INITIAL STATEMENT OF BENEFICIAL OWNERSHIP
<PAGE>
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, D.C. 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
1. Name and Address of Reporting Person
Tsai Aaron
(Last) (First) (Middle)
1103 Landing Meadows Dr.
(Street)
Henderson KY 42420
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
09/15/98
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
MAS Acquisition III Corp.
(Common Stock: Not Traded)
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( V ) Director ( V ) 10% Owner
( V ) Officer (give title below) ( ) Other (specify below)
President, Chief Executive Officer and Treasurer
6. If Amendment, Date of Original (Month/Day/Year)
7. Individual or Joint/Group Filing (Check applicable line)
( V ) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
Page 1
<PAGE>
Table I - Non-Derivative Securities Beneficially Owned
<TABLE>
<CAPTION>
1. Title of Security 2. Amount of Securities
(Instr. 4) Beneficially Owned
(Instr. 4)
<S> <C>
a. Common Stock, par value $.001 8,500,000
b.
c.
d.
e.
f.
3. Ownership Form: Direct 4. Nature of Indirect
(D) or Indirect (I) Beneficial Ownership
(Instr. 5) (Instr. 4)
<C> <C>
a. D
b.
c.
d.
e.
f.
</TABLE>
Table II - Derivative Securities Beneficially Owned
(e.g, puts, calls, warrants, options, convertible securities)
<TABLE>
<CAPTION>
1. Title of Derivative 2. Date Exercisable and 3. Title and Amount
Securities Expiration Date of Securities
(Instr. 4) (Month/Day/Year) Underlying
Derivative
Security
(Instr. 4)
Date Expiration Amount or
Exercisable Date Title Number of
Shares
<S> <C> <C> <C> <C>
a.
b.
c.
d.
e.
f.
</TABLE>
<TABLE>
<CAPTION>
4. Conversion or 5. Ownership Form of 6. Nature of Indirect
Exercise Price Direct (D) or Indirect (I) Beneficial
of Derivative (Instr. 5) Ownership
Security (Instr. 5)
<S> <C> <C>
a.
b.
c.
d.
e.
f.
</TABLE>
Explanation of Responses:
/s/ Aaron Tsai September 16, 1998
- ------------------------------------------- ---------------------------
**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.
Page 2
