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FORM 3 OMB APPROVAL
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OMB Number 3235-0104
Expires: September 30, 1998
Estimated average burden
hours per response 0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3
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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1. Name and Address of Reporting Person
KRJ, LLC
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(Last) (First) (Middle)
c/o Harsha Murthy, Esq.
Duval & Stachenfeld, LLP
300 East 42nd Street
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(Street)
New York, NY 10017
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(City) (State) (ZIP)
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2. Date of Event Requiring Statement (Month/Day/Year)
January 26, 2000
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Issuer Name and Ticker Trading Symbol
Coyote Network Systems, Inc. (CYOE)
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5. Relationship of Reporting Person to Issuer (check all applicable)
[ ] Director [ X ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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6. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint/Group Filing (check applicable line)
[ ] Form Filed by One Reporting Person
[ X ] Form Filed by More than One Reporting Person
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Table I - Non-Derivative Securities Beneficially Owned
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<TABLE>
<CAPTION>
1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned (Instr.4) Direct (D) or Indirect (I) Beneficial Ownership
(Instr. 5) (Instr. 5)
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<S> <C> <C> <C>
Common Stock 2,000,000 D
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- ----------------------- ------------------------------- ----------------------------- ------------------------
- ----------------------- ------------------------------- ----------------------------- ------------------------
- ----------------------- ------------------------------- ----------------------------- ------------------------
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</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).
Page 1 of 3 Pages (Over)
<PAGE>
FORM 3 (continued)
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Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
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1. Title of Derivative 2. Date Exercisable 3. Title and Amount of 4. Conversion or 5. Ownership 6. Nature of
Security and Expiration Securities Underlying Exercise Price Form of Indirect
(Instr. 4) Date Derivative Security of Derivative Derivative Beneficial
(Month/Day/Year) (Instr. 4) Security Security: Ownership
Direct (D) or (Instr. 5)
Indirect (I)
(Instr. 5)
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Date Expir- Amount
Exer- ation Title or
cisable Date Number
of Shares
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<S> <C> <C> <C> <C> <C> <C> <C>
- ------------------------ --------- --------- ---------------- --------- ---------------- ---------------- -------------
- ------------------------ --------- --------- ---------------- --------- ---------------- ---------------- -------------
- ------------------------ --------- --------- ---------------- --------- ---------------- ---------------- -------------
- ------------------------ --------- --------- ---------------- --------- ---------------- ---------------- -------------
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</TABLE>
Explanation of Responses:
(1) Pursuant to Instruction 5 (b)(v), this Form 3 is filed jointly by all of
the undersigned (collectively, the "Reporting Persons"), who may be deemed
to be members of a "group" pursuant to Section 13(d) of the Securities
Exchange Act of 1934, as amended. KRJ, LLC ("KRJ") has been designated to
make the filing of this Form 3.
KRJ, LLC
By: /s/ Robert Loonin 02/07/00
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Name: Robert Loonin Date
Title: Managing Member
**Signature of Reporting Person
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78 ff(a).
Page 2 of 3 Pages
<PAGE>
Joint Filer Information
Name: KRJ, LLC
Address: c/o Harsha Murthy, Esq.
300 East 42nd Street, 3rd Floor
New York, NY 10017
Designated Filer: KRJ, LLC
Date of Event Requiring Statement: 01/26/2000
Issuer and Ticker or Trading Symbol: Coyote Network Systems, Inc. ("CYOE")
Signature: KRJ, LLC
By: /s/ Robert Loonin
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Robert Loonin, Managing Member
Name: Robert Loonin
Address: c/o Harsha Murthy, Esq.
300 East 42nd Street, 3rd Floor
New York, NY 10017
Designated Filer: KRJ, LLC
Date of Event Requiring Statement: 01/26/2000
Issuer and Ticker or Trading Symbol: Coyote Network Systems, Inc. ("CYOE")
Signature: /s/ Robert Loonin
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ROBERT LOONIN
Page 3 of 3 Pages
