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U.S. SECURITIES AND EXHANGE COMMISSION
WASHINGTON, DC 20549
FORM 3
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 HOLDINGS COMPANY ACT OF 1935 OR
SECTION 30 (f) OF THE INVESTMENT COMPANY ACT OF 1940
1. NAME AND ADDRESS OF REPORTING PERSON*
CRANE THOMAS J.
(LAST) (FIRST) (MIDDLE)
2710 REW CIRCLE, SUITE 100
(STREET)
OCOEE FLORIDA 34761
(CITY) (STATE) (ZIP)
2. DATE OF EVENT REQUIRING STATEMENT (MONTH/DAY/YEAR)
DECEMBER 12, 2000
3. IRS IDENTIFICATION NUMBER OF REPORTING PERSON, IF AN ENTITY (VOLUNTARY)
4. ISSUER NAME AND TICKER OR TRADING SYMBOL
COMPASS KNOWLEDGE HOLDINGS, INC. / CKNO
5. RELATIONSHIP OF REPORTING PERSON TO ISSUER
(CHECK ALL APPLICABLE)
[X] DIRECTOR [ ] 10% OWNER
[ ] OFFICER (GIVE TITLE BELOW) [ ] OTHER (SPECIFY BELOW)
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
TABLE I - NON DERIVATIVE SECURITIES BENEFICIALLY OWNED
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<CAPTION>
3. Ownership Form
2. Amount of Securities Direct (D) or 4. Nature of Indirect
1. Title of Security Beneficially Owned Indirect (I) Beneficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr. 4)
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<S> <C> <C> <C>
Common Stock 73,393 D N/A
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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.
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FORM 3 (CONTINUED)
TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<TABLE>
<CAPTION>
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3. Title and Amount of Securities 5. Ownership
Underlying Derivative Security Form of
2. Date Exercisable and (Instr. 4) 4. Conversion Derivative 6. Nature
Expiration Date or Exercise Security: of Indirect
1. Title of (Month/Day/Year) Amount Amount or Price of Direct (D) or Beneficial
Derivative Security Date Expiration Number Derivative Indirect (I) Ownership
(Instr. 4) Exercisable Date Title of Shares Security (Instr.5) (Instr. 5)
------------------------ -------------------------- ---------------------------------- ------------ ---------- -----------
<S> <C> <C> <C> <C> <C> <C> <C>
Incentive Stock Option Common Shares D N/A
$.001 par value
12/12/00(1) 12/12/05(1) per share 100,000(1) $1.00
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(1) Mr. Crane was granted 100,000 incentive stock options by the Issuer's
Stock Option Committee pursuant to the Issuer's 2000 Stock Option Plan.
Thirty thousand (30,000) of these options vested immediately and the
balance vest pro rata each month beginning January 1, 2001 and ending
December 1, 2002, unless otherwise accelerated by the Committee. The
options expire five years from the date of issuance.
EXPLANATION OF RESPONSES:
THESE INCENTIVE STOCK OPTIONS REPRESENT A RIGHT OF THE
REPORTING PERSON TO BUY THE COMMON STOCK OF THE ISSUER.
SEE SIGNATURE PAGE ATTACHED DECEMBER 12, 2000
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** Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal
Criminal violations. See 18 U.S.C. 1001 and 18 U.S.C. 78FF(a).
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FORM 3
CONTINUATION SHEET
ITEM 1. THOMAS J. CRANE
2710 REW CIRCLE, SUITE 100
OCOEE, FL 34761
ITEM 2. THE DATE OF THE EVENT REQUIRING STATEMENT WAS DECEMBER 12, 2000, THE
DATE ON WHICH THE REPORTING PERSON BECAME A DIRECTOR OF THE ISSUER.
ITEM 4. COMPASS KNOWLEDGE HOLDINGS, INC./CKNO
/s/ THOMAS J. CRANE 12/12/00
** SIGNATURE OF REPORTING PERSON DATE
**INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACTS CONSTITUTE FEDERAL CRIMINAL
VIOLATIONS. SEE 18 S.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.
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