ADVANCED OXYGEN TECHNOLOGIES INC
3, 1998-01-29
PATENT OWNERS & LESSORS
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<TABLE>
<CAPTION>
FORM 3                                                                                              -------------------------------
                                                                                                              OMB APPROVAL
                                                                                                    -------------------------------
                                                                                                    OMB number:           3235-0104
                                                                                                    Expires:         April 30, 1997
                                                                                                    Estimated average burden
                                                                                                    hours per response..........0.5
                                                                                                    -------------------------------

                                                 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


<S>                                          <C>                        <C>
- -----------------------------------------------------------------------------------------------------------------------------------
                                              |                          |
1.    Name and Address of Reporting Person    | 2.  Date of Event Re-    | 4.  Issuer Name and Ticker or Trading Symbol
                                              |     quiring Statement    |
      Crossland, Ltd. (Belize)                |     (Month/Day/Year)     |     Advanced Oxygen Technologies, Inc.
- ----------------------------------------------|                          |---------------------------------------------------------
      (Last)         (First)        (Middle)  |                          |                                 | 
                                              |       12/18/97           | 5.  Relationship of Reporting   | 6.  If Amendment, Date
      60 Market Square, P.O. Box 364          |                          |     Person to Issuer            |     of Original
- ----------------------------------------------|--------------------------|     (Check all applicable)      |     (Month/Day/Year)
                    (Street)                  | 3.  IRS or Social Se-    |                                 |
                                              |     curity Number of     |      __ Director    X  10% Owner|
                                              |     Reporting Person     |      __ Officer     __ Other    |
                                              |     (Voluntary)          |         (give title    (specify |
                                              |                          |          below)         below)  |
                                              |                          |        _________________        |
      Belize City, Belize Central America     |                          |                                 |
- ----------------------------------------------|------------------------------------------------------------------------------------
     (City)           (State)        (Zip)    |              Table I -- Non-Derivative Securities Beneficially Owned
- -----------------------------------------------------------------------------------------------------------------------------------
1.   Title of Security                           | 2.  Amount of Securities   |  3.  Ownership         | 4.  Nature of Indirect
     (Instr. 4)                                  |     Beneficially Owned     |      Form: Direct      |     Beneficial Ownership
                                                 |     (Instr. 4)             |      (D) or Indirect   |     (Instr. 5)
                                                 |                            |      (I) (Instr. 5)    |
- -------------------------------------------------|----------------------------|------------------------|---------------------------
 Common Stock                                    |     6,312,500 shares       |       D                |
- -------------------------------------------------|----------------------------|------------------------|---------------------------
                                                 |                            |                        |
- -------------------------------------------------|----------------------------|------------------------|---------------------------
                                                 |                            |                        |
- -------------------------------------------------|----------------------------|------------------------|---------------------------
                                                 |                            |                        |
- -------------------------------------------------|----------------------------|------------------------|---------------------------
                                                 |                            |                        |
- -------------------------------------------------|----------------------------|------------------------|---------------------------
                                                 |                            |                        |
- -------------------------------------------------|----------------------------|------------------------|---------------------------
                                                 |                            |                        |
- -------------------------------------------------|----------------------------|------------------------|---------------------------
                                                 |                            |                        |
- -------------------------------------------------|----------------------------|------------------------|---------------------------
                                                 |                            |                        |
- -------------------------------------------------|----------------------------|------------------------|---------------------------
                                                 |                            |                        |
===================================================================================================================================

Reminder:  Report on a separate line for each class of securities beneficially owned directly or indirectly.                 (Over)
                                                       (Print or Type Responses)                                    SEC 1473 (8/92)
</TABLE>


<PAGE>

<TABLE>
<CAPTION>
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   | 2.  Date Exercisable   | 3.  Title and Amount of      | 4.  Conver-    | 5.  Owner-    | 6.  Nature of
    Security              |     and Expiration     |     Securities Underlying    |     sion or    |     ship      |     Indirect
    (Instr. 4)            |     Date               |     Derivative Security      |     Exercise   |     Form of   |     Beneficial
                          |     (Month/Day/Year)   |     (Instr. 4)               |     Price of   |     Deriv-    |     Ownership
                          |                        |                              |     Deri-      |     ative     |     (Instr. 5)
                          |                        |                              |     vative     |     Security: |
                          |                        |                              |     Security   |     Direct    |
                          |------------------------|------------------------------|                |     (D) or    |
                          |   Date     |  Expira-  |     Title   |  Amount or     |                |     Indirect  |
                          |   Exer-    |  tion     |             |  Number of     |                |     (I)       |
                          |  cisable   |  Date     |             |  Shares        |                |     (Instr. 5)|
- --------------------------|------------|-----------|--- ---------|----------------|----------------|---------------|----------------
                          |            |           |             |                |                |               |
                          |            |           |             |                |                |               |
- --------------------------|------------|-----------|-------------|----------------|----------------|---------------|----------------
                          |            |           |             |                |                |               |
- --------------------------|------------|-----------|-------------|----------------|----------------|---------------|----------------
                          |            |           |             |                |                |               |
- --------------------------|------------|-----------|-------------|----------------|----------------|---------------|----------------
                          |            |           |             |                |                |               |
- --------------------------|------------|-----------|-------------|----------------|----------------|---------------|----------------
                          |            |           |             |                |                |               |
- --------------------------|------------|-----------|-------------|----------------|----------------|---------------|----------------
                          |            |           |             |                |                |               |
- --------------------------|------------|-----------|-------------|----------------|----------------|---------------|----------------
                          |            |           |             |                |                |               |
- --------------------------|------------|-----------|-------------|----------------|----------------|---------------|----------------
                          |            |           |             |                |                |               |
- --------------------------|------------|-----------|-------------|----------------|----------------|---------------|----------------
                          |            |           |             |                |                |               |
- --------------------------|------------|-----------|-------------|----------------|----------------|---------------|----------------
                          |            |           |             |                |                |               |
- --------------------------|------------|-----------|-------------|----------------|----------------|---------------|----------------
                          |            |           |             |                |                |               |
- -----------------------------------------------------------------------------------------------------------------------------------

Explanation of Responses:







**       Intentional misstatements or omissions of facts constitute Federal
         Criminal Violations.  See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).         /s/ Anthony J.R. Howorth, Pres.         1/16/98
                                                                                 ---------------------------------   --------------
Note:    File three copies of this Form, one of which must be manually signed.   ** Signature of Reporting Person         Date
         If space provided is insufficient, See Instruction 6 for procedure.        
                                                                                                                             Page 2
                                                                                                                    SEC 1473 (8/92)
</TABLE>



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