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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
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*
MCG PARTNERS, INC.
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(Last) (First) (Middle)
7000 W. Palmetto Park Road, Suite 501
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(Street)
Boca Raton, Florida 33433
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(City) (State) (Zip)
iiGroup, Inc. (IIGR)
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2. Issuer Name and Ticker or Trading Symbol
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3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
06/00
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4. Statement for Month/Year
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
[ ] Director [X] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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7. Individual or Joint/Group Filing (Check applicable line)
[X] Form Filed by 1 Reporting Person
[ ] Form Filed by More than 1 Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
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<CAPTION>
4.
Securities 5.
3. Acquired (A) Amount of 6.
Transaction or Disposed Securities Owner-
2. Code of (D) Beneficially Ship
1. Transaction (Instr. 8) (Instr. 3,4,5) Owned at Form
Title of Security Date ---------------- ---------------------- End of Month D or I
(Instr. 3) (mm/dd/yy) Code V Amount A/D Price (Instr. 3 and 4) (Inst. 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock,
$.01 par value 06/30/00 C 52,054 A $26,028 3,100,006 D
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Common Stock,
$.01 par value 06/30/00 J(1) 52,054 D 3,100,006 D(1)
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(1) MCG Partners, Inc., converted a $25,000 note, together with interest of
$1,028, into 52,024 shares of the Issuer's common stock. MCG Partners,
Inc., distributed all 52,054 shares to its principal shareholders, Neil
Swartz and C. Lawrence Rutstein. Both Messrs. Swartz and Rutstein are
officers and directors of the Issuer.
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
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Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
<TABLE>
<CAPTION>
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5. 6.
Number of Date 7.
2. 4. Derivative Exercisable and Title and Amount of
Conver- Trans- Securities Expiration Date Underlying Securities
1. sion or 3. action Acquired (A) (mm/dd/yy) (Instr. 3 and 4)
Title of Exercise Trans- Code or Disposed of -------------------- --------------------------
Derivative Price of action (Inst. 8) (Instr. 3, 4, 5) Date Expira- Amount or
Security Derivative date ----------- ---------------- Exer- tion Number of
(Instr. 3) Security (m/d/y) Code V (A) (D) cisable Date Title Shares
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Convertible Common
Notes $26,028 06/30/00 C (D) 52,054 Stock 52,054
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9. 10.
Number of Ownership
Derivative Form of 11.
8. Securities Derivative Nature of
Price of Beneficially Security: Indirect
Derivative Owned at End Direct (D) Beneficial
Security of Month of Indirect (I) Ownership
(Instr. 5) (Instr. 4) (Instr. 4) (Instr. 4)
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0 D
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Explanation of Responses:
MCG Partners, Inc.
By: /s/ C. Lawrence Rutstein October 26, 2000
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C. Lawrence Rutstein, President Date
**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. 78ff(a).
