UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )
Cavion Technologies, Inc.
(Name of Issuer)
Class A Common Stock, $.0001 par value)
(Title of Class of Securities)
149649 10 5
(CUSIP Number)
1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Craig E. Lassen
2) Check the Appropriate Box if a Member of a Group
(a) [ ]
(b) [ ]
3) SEC Use Only
4) Citizenship or Place of Organization
U.S.
Number of Shares 5) Sole Voting Power 307,305
Beneficially Owned 6) Shared Voting Power 0
By Each Reporting 7) Sole Dispositive Power 307,305
Person With 8) Shared Dispositive
Power 0
9) Aggregate Amount Beneficially Owned by Each Reporting Person
307,305
10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
[ ]
11) Percent of Class Represented by Amount in Row (9)
6.5%
12) Type of Reporting Person
IN
SCHEDULE 13G FOR
CRAIG E. LASSEN
Item 1(a) Name of Issuer: Cavion Technologies, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
6446 S. Kenton Street, Englewood, Colorado 80111
Item 2(a) Name of Person Filing: Craig E. Lassen
Item 2(b) Address of Principal Business Office or, if None,
Residence: The residence address of Mr. Lassen is 245
Poplar Street, Denver, Colorado 80220
Item 2(c) Citizenship: Mr. Lassen is a United States Citizen.
Item 2(d) Title of Class of Securities: Class A Common Stock, $.0001
par value.
Item 2(e) CUSIP Number: 149649-10-5
Item 3 If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), check whether the person filing is a:
(a) [ ] Broker or Dealer registered under
Section 15 of the Securities Exchange Act of 1934
(the "Act").
(b) [ ] Bank as defined in Section 3(a)(6) of
the Act.
(c) [ ] Insurance Company as defined in Section
3(a)(19) of the Act.
(d) [ ] Investment Company registered under
Section 8 of the Investment Company Act of 1940.
(e) [ ] Investment Adviser registered under
Section 203 of the Investment Advisers Act of
1940.
(f) [ ] Employee Benefit Plan, Pension Fund
which is subject to the provisions of the
Employee Retirement Income Security Act of 1974
or Endowment Fund; see Rule 13d-1(b)(1)(ii)(F) of
the Act.
(g) [ ] Parent Holding Company, in accordance
with Rule 13d-1(b)(ii)(G) of the Act.
(h) [ ] Group, in accordance with Rule 13d-
1(b)(1)(ii)(H) of the Act.
Not applicable.
Item 4 Ownership:
(a) Amount Beneficially Owned: Mr. Lassen is the
sole beneficial owner of 307,305 shares of Class A
Common Stock as of December 31, 1999.
(b) Percent of Class: 6.5% (based on 4,697,326
shares of Common Stock outstanding on December 31,
1999.)
(c) Number of shares as to which such person has:
(i) sole power to vote or to
direct the vote: 307,305 shares.
(ii) shared power to vote or to
direct the vote: -0- shares.
(iii) sole power to
dispose or to direct the disposition of: 307,305
shares.
(iv) shared power to
dispose or to direct the disposition of: -0-
shares.
Item 5 Ownership of Five Percent or Less of a Class:
Not applicable.
Item 6 Ownership of More than Five Percent on Behalf of Another
Person:
Not applicable.
Item 7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent
Holding
Company:
Not applicable.
Item 8 Identification and Classification of Members of the Group:
Not applicable.
Item 9 Notice of Dissolution of Group:
Not applicable.
Item 10 Certification:
Not applicable.
Not filed pursuant to Rule 13d-1(b).
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true,
complete and correct.
Dated: February 10, 2000 /s/ Craig E. Lassen
Craig E. Lassen
