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OMB APPROVAL
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OMB Number 3235-0287
Expires: December 31, 2001
Estimated average burden
hours per response ..... 0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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
[ ] CHECK THIS BOX IF NO LONGER
SUBJECT OF SECTION 16. FORM 4
OR FORM 5 OBLIGATIONS MAY
CONTINUE. SEE INSTRUCTION 1(B).
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1. Name and Address of Reporting Person
Charney Norman
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(Last) (First) (Middle)
6014 Yorkville Court
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(Street)
Dallas Texas 75248
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Ascendant Solutions, Inc. (ASDS)
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Statement for Month/Year
November/2000
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
[ ] Director [ X ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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7. Individual or Joint/Group Filing (Check Applicable Line)
[ ] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
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<TABLE>
<CAPTION>
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7. Nature
Transaction (Instr. 3, 4 and 5) Beneficially Direct of Indirect
2. Code ------------------------------- Owned at End (D) or Beneficial
1. Transaction (Instr. 8) (A) of Month Indirect Ownership
Title of Security Date ------------ Amount or Price (Instr. 3 (I) (Instr.
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock, par value $.0001 11/27/2000 J 300,000 D(1) 0
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Common Stock, par value $.0001 11/27/2000 J 252,182 A(1) 252,182 I By ASD
Partners,
Ltd.
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Common Stock, par value $.0001 11/27/2000 J 1,800,000 D(2) 0
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Common Stock, par value $.0001 11/27/2000 J 2,469,460 A(2)(4) 2,469,460 D By Self
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Common Stock, par value $.0001 11/27/2000 J 3,600,000 D(3) 0
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Common Stock, par value $.0001 11/27/2000 J 2,965,652 A(3) 2,965,652 I By CCLP,
Ltd.
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Common Stock, par value $.0001 11/27/2000 J 60,524 A(3)(4) 60,524 D By Self
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Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly
</TABLE>
<PAGE>
FORM 4 (continued)
<TABLE>
<CAPTION>
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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9. 10.
Number Owner-
of ship
2. Deriv- of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
or Derivative 6. of Underlying 8. ities Secur- of
Exer- 4. Securities Date Securities Price Bene- ity: In-
cise 3. Trans- Acquired (A) Exercisable and Instr. 3 and 4) of ficially Direct direct
Price Trans- action or Disposed Expiration Date ----------------- Deriv- Owned (D) or Bene-
1. of action Code of (D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship
Security Secur- Day/ ------- ---------------- Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
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</TABLE>
Explanation of Responses:
(1) The 300,000 shares previously reported were owned directly by
ASD Partners, Ltd., a Texas limited partnership, of which
ASD Partners GP, Inc. was the sole general partner. It has
been liquidated, and the number of shares received by ASD
Partners GP, Inc. as a liquidating distribution was 252,182.
The Reporting Person owns 100% of the capital stock of ASD
Partners GP, Inc. and, as such, has the right to direct the
vote and the disposition of the securities reported herein.
(2) The 1,800,000 shares previously reported were held by ASD
Partners, Ltd., a Texas limited partnership, of which the
Reporting Person was a limited partner. It has been
liquidated, and the number of shares received by the
Reporting Person as a liquidating distribution was 2,469,460.
(3) The 3,600,000 shares previously reported were held by ASD
Partners, Ltd., a Texas limited partnership, of which
CCLP, Ltd. was a limited partner. The Reporting Person
was the sole general partner of CCLP, Ltd. ASD Partners,
Ltd. has been liquidated, and the number of shares
received by CCLP, Ltd. as a liquidating distribution was
3,026,176. Thereafter, the Reporting Person withdrew as
the general partner of CCLP, Ltd. and received a
distribution of 60,524 of the 3,026,176 shares, in
complete redemption of his interest in CCLP, Ltd. The
remaining 2,469,460 shares held by CCLP, Ltd. are deemed
held by members of the Reporting Person's immediate
family. The Reporting Person disclaims beneficial
ownership of the 2,469,460 shares owned directly by
CCLP, Ltd.
(4) The total number of shares held directly by the
Reporting Person is 2,529,984.
/s/ NORMAN CHARNEY 12/07/2000
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Norman Charney
**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 procedures.
