OMB APPROVAL OMB
Number 3 235-0104
Expires: April 30, 1997
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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
Overman Anthony
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(Last) (First) (Middle)
1B Ainsley Road
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(Street)
Hertford, NC 27944
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(City) (State) (Zip)
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2. Date of Event Requiring Statement
8/31/2000
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(Month/Day/Year)
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3. I.R.S. or Social Security Number of Reporting Person(Voluntary)
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4. Issuer Name and Ticker or Trading Symbol
NxGen Networks, Inc. ("NXNW")
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5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director
(X) 10% Owner
(X) Officer (give title below)
( ) Other (specify title below)
President
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6. If Amendment, Date of Original
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(Month/Day/Year)
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<TABLE>
<CAPTION>
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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>
Common Stock (Restricted) 1,516,083 I Anthony C. Overman Revocable Trust
Common Stock (Restricted) 1,594,961 I Trustee of Voting Trust Agreement dated
January 15, 2000
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</TABLE>
<TABLE>
<CAPTION>
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TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
1. Title of Derivative 2. Date Exercisable 3. Title and Amount of 4. Conversion 5. Ownership 6. Nature of
Security (Instr. 4) and Expiration Securities Underlying of Exercise Form of Indirect
Date Derivative Security Price of Derivative Beneficial
(Month/Date/Year) (Instr. 4) Derivative Security: Ownership
Date Expir- Amount or Security Direct (D) (Instr. 5)
Exer- ation Title Number of or Indirect
cisable Date Shares (I) (Instr. 5)
<S> <C> <C> <C> <C> <C> <C> <C>
Stock Options Common Stock 225,000 $ 5.00 D
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</TABLE>
EXPLANATION OF RESPONSES:
/s/ Anthony Overman September 29, 2000
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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.
