FORM 4 U.S.SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL
------ WASHINGTON, D.C. 20549 ------------
[ ]CHECK THIS BOX IF NO OMB NUMBER: 3235-0287
LONGER SUBJECT TO EXPIRES:September 30, 1998
SECTION 16. FORM 4 OR ESTIMATED AVERAGE BURDEN
FORM 5 OBLIGATIONS MAY HOURS PER RESPONSE 0.5
CONTINUE.
SEE INSTRUCTION 1(b)
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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
BARBERA, J. JEREMY
333 Seventh Avenue, 20th Floor
New York, NY 10001
2. Issuer Name and Ticker or Trading Symbol
MARKETING SERVICES GROUP, INC. (NASDAQ. MSGI)
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
APRIL, 1997
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
[X]Director [X]Officer (give title below)
[X]10% owner [ ]Other (specify below)
CHAIRMAN OF THE BOARD AND CHIEF EXECUTIVE OFFICER
7. Individual or Joint/Group Filing (Check Applicable Line)
[X] Form filed by one reporting person
[ ] Form filed by more than one reporting person
1.TABLE I-NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF OR BENEFICIALLY OWNED
<TABLE>
1.Title of Security 2.Transaction 3.Transaction 4.Securities Acquired(A) 5.Amount of 6.Ownership 7.Nature of
(Instr.3) Date Code V or Disposed of (D) Securities Form: Indirect
(Instr.8) (Instr.3, 4 & 5) Beneficially Direct (D) Beneficial
Owned at End Indirect (I) Ownership
of Month
<S> <C> <C> <C><C> <C> <C> <C>
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Common Stock 1,088,400 D
Par value $.01
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF OR BENEFICIALLY OWNED
<TABLE>
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11.
Title of Conversion Transaction Number of Date Exer- Title and Price of Number of Ownership Nature
Derivative or exercise Derivative cisable and amount of Derivative Derivative Form of of
Security Price of Securities Expiration Underlying Security Securities Derivative Indirect
Derivative Date Code Acquired(A) or Date Securities (Instr.5) Beneficially Security: Ownership
Security (Instr.8) Disposed of(D) Date Expira- (Instr.3&4) Owned at End Direct(D)or (Instr.4)
V (Instr.3&4) Exerci- tion of Month Indirect(I)
sable Date (Instr.4) (Instr.4)
<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C>
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Convertible
Promissory Common
Note $5.38 4/19/97 J 18,857 (D) Stock 111,524 $5.38 92,937 D
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</TABLE>
Explanation of Responses:
In April, 1997, $100,000 of $600,000 total principal on the Convertible
Promissory Note was repaid in cash. The $100,000 was previously convertible into
18,587 shares. The remaining $500,000 principal is convertible into 92,937
shares.
/s/ J. Jeremy Barbera
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Signature of Reporting Person
Date: 8/5/97
Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a)
