FORM 3
UNITED STATES 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
Alfredo M. Villa
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(Last) (First) (Middle)
Corso Elvezia 4
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(Street)
Lugano, Switzerland Ch-6900
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(City) (State) (Zip)
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2. Date of Event Requiring Statement
02/10/2000
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(Month/Day/Year)
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3. I.R.S. Identification Number of Reporting Person, if and entity (voluntary)
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4. Issuer Name and Ticker or Trading Symbol
Oranco, Inc. ORNC.OB
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5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director
( ) 10% Owner
(X) Officer (give title below)
( ) Other (specify title below)
Vice President
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6. If Amendment, Date of Original
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(Month/Day/Year)
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7. Individual or Joint/Group Filing (Check Applicable Line)
X Form Filed by One Reporting Person
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__ Form filed by More than One Reporting Person
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<TABLE>
<CAPTION>
TABLE I - NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
1.Title of Security 2. Amount of 3. Ownership 4. Nature of Indirect
(Instr. 4) Securities Form: Direct Beneficial Ownership
Beneficially Owned (D) or Indirect (Instr.5)
(Instr. 4) (I) (Instr. 5)
<S> <C> <C> <C>
NONE
</TABLE>
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TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative Security (Instr. 4)
Employee Stock Option
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2. Date of Exercisable and Expiration Date (Month/Day/Year)
01/11/2000 12/31/2004
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Date Exercisable Expiration Date
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3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)
Common Stock 125,000 shares
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Title Amount or Number of Shares
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4. Conversion or Exercise Price of Derivative Security
$0.10
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5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
D
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6. Nature of Indirect Beneficial Ownership (Instr. 5)
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EXPLANATION OF RESPONSES:
/s/ Alfredo M. Villa 2/15/00
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**Signature of Reporting Person Date
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**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 is insufficient, SEE Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.