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OMB APPROVAL
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-------- OMB Number:
FORM 3 Expires:
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hours per response .... 0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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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<S> <C> <C> <C>
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1. Name and Address of Reporting Person 2. Date of Event Requiring 4. Issuer Name and Ticker or 6. If Amendment, Date
Bowles Iain A. Statement Trading Symbol of Original
---------------------------------------- (Month/Day/Year) Hugo International Telecom, (Month/Day/Year)
(Last) (First) (Middle) 11/8/00 Inc. (N/A)
---------------------------- --------------------------------- 7. Individual or
34 Barrows Green Road 3. IRS Identification 5. Relationship of Reporting Joint/Group Filing
---------------------------------------- Number of Reporting Person to Issuer (Check Applicable
(Street) Person, if an Entity (Check all applicable) Line)
(Voluntary) X
Oxted, Surrey, United Kingdom RH8 0NL --- Director --- 10% Owner --- Form filed by
---------------------------------------- ---------------------------- One Reporting
(City) (State) (Zip) --- Officer --- Other (specify Person
(give title below) below)
--- Form filed by
--------------------------- More than One
Reporting Person
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Table I -- Non-Derivative Securities Beneficially Owned
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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)
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Common Stock 10,000 D
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* 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.
(Print or Type Responses) (Over)
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FORM 3 (CONTINUED)
TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative Security 2. Date 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/ (Instr. 4) Price of Deriv-
Year) Deri- ative
vative Security:
Security Direct
---------------------------------------------- (D) or
Date Expira- Amount or Indirect (I)
Exercis- tion Title Number (Instr. 5)
able Date of Shares
<S> <C> <C> <C> <C> <C> <C> <C>
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Explanation of Responses:
By: /s/ Iain Bowles 12/28/00
**Intentional misstatements or omissions of facts constitute Federal Criminal ------------------------------- -------------
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). **Signature of Reporting Person Date
Note: File three copies of this Form, one of which must be manually signed. SEC 1147 (9-93)
If space provided is insufficient, See Instruction 6 for procedure.
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