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OMB APPROVAL
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OMB Number 3235-0104
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
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
(Print or Type Responses)
<TABLE>
<S> <C> <C>
------------------------------------------ ------------------------------------------- ------------------------------------------
1. Name and Address of Reporting Person* 2. Date of Event 4. Issuer Name and Ticker or Trading Symbol
Requiring Statement
(Month/Day/Year)
3 R, Inc. June 19, 2000 Arcadia Investments, Inc.
------------------------------------------ ------------------ --------------------------------------------------------------
(First) (First) (Middle) 3. IRS or Social 5. Relationship of Reporting Person 6. If Amendment, Date of
Security Number to Issuer (Check all applicable) Original
110 East 55th Street, 9th Floor of Reporting _____ Director ___X___ 10% Owner (Month/Day/Year)
Person
------------------------------------------ (Voluntary) _____ Officer _______ Other
(Street) (give title (specify 7. Individual or Joint/
below) below) Group
New York, New York 10022 President Filing (Check App-
------------------------------------------ licable Line)
(City) (State) (Zip) _X_ Form filed by
One Reporting Person
___ Form filed by
More than One
Reporting Person
------------------ ------------------------ ------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Table I - Non-Derivative Securities Beneficially Owned
---------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
-------------------------- ---------------- ------------ ----------------------------------- --------------- ------------- ---------
1. Title of Security 2. Amount of 3. Owner- 4. Nature of
(Instr. 4) Securities ship Indirect
Beneficially Form: Beneficial
owned Direct Ownership
(Instr. 4) (D) or (Instr. 5)
Indirect
(I)
(Instr. 5)
-------------------------- ---------- ------ ----- ------------- ------ -------------- ---------------- ------------- --------------
Common Stock 800,000 D
-------------------------- ---------- ------ ----- ------------- ------ -------------- ---------------- ------------- --------------
------------------------- ---------- ------ ----- ------------- ------ -------------- ---------------- ------------- --------------
</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.
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 control number.
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<PAGE>
<TABLE>
<CAPTION>
FORM 3 (continued)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially
Owned (e.g., puts, calls, warrants, options, convertible securities)
<S> <C> <C> <C> <C> <C>
----------------- ---------- ----------------- ------------ ----------------- ------------
1.Title of Deri- 2.Date 3.Title and Amount 4.Conversion 5.Ownership 6.Nature of
vative Security Exercis- of Securities or Exercise Form of Beneficial
(Instr.4) able and Underlying Price of Derivative Indirect
Expiration Derivative Derivative Security: Ownership
Date Security (Instr. 4) Security Direct (D) (Instr. 5)
(Month/Day/ or Indirect (I)
Year) (Instr. 5)
------ ----- ----------------
Date Expi- Title Amount
Exer- ration or Number
cisable Date of Shares
-------------- ------- ----- -------- -------- -------------------------------------------
</TABLE>
Explanation of Responses: [See Attachment A.]
By: /s/ Jeong S. Park 11/16/00
----------------------------- -------
**(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
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 control number.
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