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FORM 3
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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
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1. Name and Address of Reporting Person
Farag Joseph
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(Last) (First) (Middle)
Planet 411 .com Inc. Suite 401
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(Street)
Montreal, Quebec, Canada
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
2/25/00
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3. IRS or Social Security Number of Reporting Person, if an Entity (Voluntary)
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4. Issuer Name and Ticker or Trading Symbol
PLANET411.COM INC. (PFOO)
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5. Relationship of Reporting Person to Issuer
(Check all applicable)
[X] Director [X] 10% Owner
[X] Officer (give title below) [_] Other (specify below)
PRESIDENT
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(Title)
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6. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint/Group Filing (Check applicable line)
[X] Form Filed by One Reporting Person
[_] Form Filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Beneficially Owned
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<TABLE>
<CAPTION>
3. Ownership Form:
2. Amount of Securities Direct (D) or
1. Title of Security Beneficially Owned Indirect (I) 7. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr. 4)
<S> <C> <C> <C>
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None (all derivative)
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</TABLE>
If the Form is filed by more than one Reporting Person, see Instruction 5(b)(v).
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Print or Type Responses)
(Over)
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FORM 3 (continued)
Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
1. Title of Derivative 2. Date Exer- 3. Title and Amount of Underlying 4. Conversion 5. Owner- 11. Nature of
Security (Instr. 4) cisable and Derivative Security or Exercise ship Indirect
Expiration Date (Instr. 4) Price of Form of Beneficial
(Month/Day/ Derivative Deriv- Ownership
Year) Security ative (Instr. 5)
Security:
Direct
(D)or In-
direct (I)
(Instr. 5)
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Date Expira- Title Amount or
Exer- tion Number of
cisable Date Shares
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<S> <C> <C> <C> <C> <C> <C> <C>
Exchangeable Shares (1) Current None Common Stock of 2,200,000 1:1 D N.A.
of 3560309 Canada Inc. Planet411.com Inc. (No Fee)
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Exchangeable Shares (1) Current None Common Stock of 9,673,814 1:1 I Through co-ownership
of 3560309 Canada Inc. Planet411.com Inc. (No Fee) and management of a
holding company(2)
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Exchangeable Shares (1) Current None Common Stock of 511,878 1:1 I Through co-ownership
of 3560309 Canada Inc. Planet411.com Inc. (No Fee) and management of a
holding company(3)
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</TABLE>
Explanation of Responses:
1. Voting rights with respect to such Exchangeable Shares (embodied in one
issued and outstanding share of Special Voting Stock) are jointly held by
Joseph Farag, Stephane Chouinard and Johnson Joseph, as mandataries under a
voting trust agreement, which requires the mandataries to adhere to voting
instructions received from those for whom the mandataries hold such voting
rights.
2. 9,673,814 Exchangeable Shares are owned by a holding company, the equity
and control of which is shared equally by the Reporting Person and another
principal of the Issuer. The Reporting Person disclaims beneficial
ownership of 4,836,907 of such Exchangeable Shares (and the underlying
shares of the Issuer's Common Stock).
3. 511,878 Exchangeable Shares are owned by a company in which the Reporting
Person and another principal of the Issuer serve as dire ctors and own all
of the voting shares. The Reporting person disclaims beneficial ownership
of all of such Exchangeable Shares (and the underlying shares of the
Issuer's Common Stock).
/s/ JOSEPH FARAG March 7, 2000
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**Signature of Reporting Person Date
JOSEPH FARAG
** 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.
