FORM 3
U.S. SECURITIES AND EXCHANGE
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 20(f) of the Investment Company Act of 1949
1. Name and Address of Reporting Person
Cole Lee
(Last) (First) (Middle)
32 Haymarket Street
(Street)
London United Kingdom SW1Y4TP
(City) (State) (Zip Code)
2. Date of Event Requiring Statement for (Mo/Day/Yr) 12/20/99
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Issuer Name and Ticker or Trading Symbol CI4NET.com Inc. ("Ci4net")
CIFN.OB
5. Relationship of Reporting Person to Issuer (Check all applicable)
x Director 10% Owner x Officer (give title
______ Other (specify) below)
Vice Chairman
6. If Amendment, Date of Original (Month/Day/Year)
Table I - Non- Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)
-------------------
Common Stock
2. Amount of Securities Beneficially Owned (Instr. 4)
---------------------------------------
1,000,000
3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)
-----------------------------------------------
I
4. Nature of Indirect Beneficial Ownership (Instr. 5)
-----------------------------
By Melchrisea Holdings Ltd. (1) (1,000,000 Shares of Common Stock)
Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly.
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)
2. Date Exercisable and Expiration Date (Month/Day/ Year)
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)
4. Conversion or Exercise Price of Derivative Security
5. Ownership form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership (Instr. 5)
Explanation of Responses:
(1) Mr. Cole is the principal stockholder of Melchrisea Holdings Ltd. whose
address is 25 Turnball Lane, Gibraltar.
MELCHRISEA HOLDINGS LTD.
By: /s/ Lee Cole May 30, 2000
** Authorized Signatory Date
LEE COLE
By: /s/ Lee Cole May 30, 2000
** Signature of Date
Reporting Person
** 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.
