<PAGE> 1
FORM 3 OMB APPROVAL
OMB Number: 3235-0104
Expires: December 31, 2001
Estimated average burden
hours per response.....0.5
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
<TABLE>
<CAPTION>
(Print or Type Responses)
<S> <C> <C> <C>
---------------------------------------------------------------------------------------------------------------------------------
| 1. Name and Address of Reporting | 2. Date of Event | 4. Issuer Name and Ticker or Trading Symbol |
| Person* | Requiring Statement | |
| Spencer Kenneth Albert | (Month/Day/Year) | CityXpress.com Corp -- OTCBB -- "CYXP" |
|-------------------------------------------| |-------------------------------------------------------|
| (Last) (First) (Middle) | 05/19/00 | 5. Relationship of Reporting | 6. If Amendment, Date |
| |----------------------------| Person(s) to Issuer | of Original |
| 1727 West Broadway -- Suite 200 | 3. I.R.S. Identification | (Check all applicable) | (Month/Day/Year) |
|------------------------------------------ | Number of Reporting | | |
| (Street) | Person, if an Entity | [X] Director [ ] 10% Owner | |
| | (Voluntary) | | |
| | | [ ] Officer [ ] Other |------------------------|
| | | (give (specify | 7. Individual or Joint/|
| | | title below) below) | Group Filing (Check |
| | | | applicable line) |
| Vancouver, B.C. Canada V6J4W6 | | ---------------------- | |
|------------------------------------------------------------------------------------------------------ | [ ] Form Filed by |
| (City) (State) (Zip) | One Reporting |
| | Person |
| | [ ] Form Filed by |
| | More than One |
| | Reporting Person |
|--------------------------------------------------------------------------------------------------------------------------------|
| TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED |
|--------------------------------------------------------------------------------------------------------------------------------|
| 1. Title of Security | 2. Amount of Securities | 3. Ownership Form: | 4. Nature of Indirect |
| (Instr. 4) | Beneficially Owned | Direct (D) or | Beneficial |
| | (Instr. 4) | Indirect (I) | Ownership |
| | | (Instr. 5) | (Instr. 5) |
|-------------------------------------------|----------------------------|------------------------------|------------------------|
| Common Shares | 500,000 | I | By: K.A. Spencer |
| | | | Investment, Ltd. |
|-------------------------------------------|----------------------------|------------------------------|------------------------|
| Common Shares | 545,240 | I | By: Velo Investments, |
| | | | Inc. |
|-------------------------------------------|----------------------------|------------------------------|------------------------|
| | | | |
| | | | |
|-------------------------------------------|----------------------------|------------------------------|------------------------|
| | | | |
| | | | |
|-------------------------------------------|----------------------------|------------------------------|------------------------|
| | | | |
| | | | |
|-------------------------------------------|----------------------------|------------------------------|------------------------|
| | | | |
| | | | |
|-------------------------------------------|----------------------------|------------------------------|------------------------|
| | | | |
| | | | |
|-------------------------------------------|----------------------------|------------------------------|------------------------|
| | | | |
| | | | |
|-------------------------------------------|----------------------------|------------------------------|------------------------|
</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction
5(b)(v).
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.
<PAGE> 2
<TABLE>
FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C>
-----------------------------------------------------------------------------------------------------------------------------------
|1. Title of Derivative Security |2. Data |3. Title and Amount of |4. Conver- |5. Owner- |6. Nature of Indirect |
| (Instr. 4) | Exercisable and | Securities Underlying | sion or | ship | Beneficial Ownership |
| | Expiration Date | Derivative Security | Exercise | Form of | (Instr. 5) |
| | (Month/Day/Year)| (Instr. 4) | Price of | Deriva- | |
| | | | Deriva- | tive | |
| |---------------------------------------------| tive | Security:| |
| |Date |Expira- | |Amount | Security | Direct | |
| |Exer- |tion | Title |or | | (D) or | |
| |cisable |Date | |Number | | Indirect | |
| | | | |of | | (I) | |
| | | | |Shares | | (Instr. | |
| | | | | | | 5) | |
-----------------------------------------------------------------------------------------------------------------------------------
| | 6/ | 6/ | | | | | |
| Stock Purchase Options | 27/00 | 27/03 | Common Shares |100,000 | $0.25/sh. | D | |
-----------------------------------------------------------------------------------------------------------------------------------
| | | | | | | | |
| | | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------
| | | | | | | | |
| | | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------
| | | | | | | | |
| | | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------
| | | | | | | | |
| | | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------
| | | | | | | | |
| | | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------
| | | | | | | | |
| | | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------
| | | | | | | | |
| | | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------
| | | | | | | | |
| | | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------
| | | | | | | | |
| | | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------
| | | | | | | | |
| | | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------
| | | | | | | | |
| | | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------
Explanation of Responses:
-------------------------
** Intentional misstatements or omissions of facts constitute /s/ Aug. 10, 2000
Federal Criminal Violations. See 18 U.S.C. 1001 and -------------------------------- -------------
15 U.S.C. 78ff(a). ** Signature of Reporting Person Date
Note: File three copes 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. Page 2
</TABLE>