FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 2054 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
1. Name and Address of Reporting Person Yankee Companies, Inc., 902 Clint
Moore Road, Suite 136; Boca Raton, Florida 33487
2. Issuer Name and Ticker or Trading Symbol Equity Growth Systems, inc.
3. IRS or Social Security Number or Reporting Person (Voluntary)
59-3532520
4. Statement for Month/Year January, 1999
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (check all
applicable)
__ Director X 10% Owner
__ Officer __ Other (Specify Below)
- ---------------------------------
7. Individual or Joint/Group Reporting (Check applicable line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instruction 4) Common Stock
2. Amount of Securities Beneficially Owned (Instruction 4) 485,000 shares
3. Ownership Form: Direct (D) or Indirect (I) (Instruction 5) Direct
4. Nature of Indirect Beneficial Ownership (Instruction 5) Not
Applicable
1. Title of Security (Instruction 4) Common Stock
2. Amount of Securities Beneficially Owned (Instruction 4) 90,000 shares
3. Ownership Form: Direct (D) or Indirect (I) (Instruction 5) Indirect
4. Nature of Indirect Beneficial Ownership (Instruction 5) Shares held by the
President of Yankee Companies who also owns shares thru Carrington Capital Corp.
1. Title of Security (Instruction 4) Common Stock
2. Amount of Securities Beneficially Owned (Instruction 4) 217,500 shares
3. Ownership Form: Direct (D) or Indirect (I) (Instruction 5) Indirect
4. Nature of Indirect Beneficial Ownership (Instruction 5) Shares held by the
President of Yankee Companies children.
1. Title of Security (Instruction 4) Common Stock
2. Amount of Securities Beneficially Owned (Instruction 4) 630,000 shares
3. Ownership Form: Direct (D) or Indirect (I) (Instruction 5) Indirect
4. Nature of Indirect Beneficial Ownership (Instruction 5) Shares held by the
President of Yankee Companies wife.
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1. Title of Security (Instruction 4) Common Stock
2. Amount of Securities Beneficially Owned (Instruction 4) 517,500 shares
3. Ownership Form: Direct (D) or Indirect (I) (Instruction 5) Indirect
4. Nature of Indirect Beneficial Ownership (Instruction 5) Shares held by the
Vice President of Yankee Companies family trust.
Table II - Derivative Securities Beneficially Owned
1. Title of Derivative Security (Instruction 4)
2. Date Exercisable and Expiration Date
Exercisable Expiration
Date Date
3. Title and Amount of Securities Underlying Derivative Security (Instruction
4)
Title Amount or Number of Shares
4. Conversion of Exercise Price of Derivative Security
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instruction 5)
6. Nature of Indirect Beneficial Ownership (Instruction 5)
Explanation of Responses:
/s/ Leonard Miles Tucker February 10,1999
- ----------------------------------------------------
/s/ Leonard Miles Tucker, President Date
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.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.
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.
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Names and social security or tax id numbers for more than one reporting person.
Michelle Tucker###-##-####
Shayna Tucker###-##-####
Montana Tucker###-##-####
Leonard Miles Tucker###-##-####
Carrington Capital Corp.65-0641955
The Calvo Family Spendthrift Trust59-6849665