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OMB APPROVAL
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 6)*
Envision Development Corporation
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(Name of Issuer)
Common
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(Title of Class of Securities)
71376P101
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(CUSIP Number)
Bruce A. Butcher;
(206) 682-7626;
Suite 3827 1001 Fourth Avenue;
Seattle, WA 98154
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
April 13, 2000
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G
to report the acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Sections 240.13d-1(c), 240.13d-1(f) or
240.13d-1(g), check the following box [ ].
NOTE: Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. See Section 240.13d-7
for other parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
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 CONTROL NUMBER.
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CUSIP No. 71376P101
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(1) Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities only).
Alta Limited NA
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(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [X]: Controlling person of other non-issuer major investor
Dominion Income Management Corp. provides financial
assistance to Alta.
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(3) SEC Use Only
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(4) Source of Funds (See Instructions) WC
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(5) Check if Disclosure of Legal Proceedings
is Required Pursuant to Items 2(d) or 2(e)
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(6) Citizenship or Place of Organization Jersey, Channel Islands
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(7) Sole Voting Power: 500,000 by option; 5.6%
Number of
Shares --------------------------------------------------------
Beneficially (8) Shared Voting Power
Owned by
Each --------------------------------------------------------
Reporting (9) Sole Dispositive Power: 500,000 by option; 5.6%
Person With
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(10) Shared Dispositive Power
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(11) Aggregate Amount Beneficially Owned by Each Reporting Person:
500,000; 5.6%
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(12) Check Box if Aggregate Amount in Row (11) Excludes Certain
Shares (See Instructions)
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(13) Percent of Class Represented by Amount in Row (11) 5.6%
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(14) Type of Reporting Person (See Instructions)
CO
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Item 1
Common Stock
Envision Development Corporation
11701 NW 101st Road
Miami, FLA 33178
Item 2
(a)
Alta Limited
(b)
3rd floor 8 Church Street
St Helier, Jersey JE2 3NN
Channel Islands
(c)
Investments
(d) No
(e) No
(f) A Jersey Corporation
Item 3
Share Exchange. Securities of ZERO.NET, Inc. were issued pro rata to the
transferees' pecuniary interest in the common stock of Envision Development
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Corporation ("Envision"). No funds were used for the transaction. The
transaction was a formation capitalization transaction to provide the initial
capitalization for ZERO.NET. The only material assets of ZERO.NET after the
transaction were the securities acquired from the transferors who received pro
rata for the transfer, securities of ZERO.NET and were in the same pecuniary
position before and after the transaction.
ITEM 4. N.A.
ITEM 5.
(a) 500,000; 5.6%
(b) 500,000; 5.6%
(c) Pursuant to three Contribution Commitment Agreements, dated January
20, 2000, between ZERO.NET, Inc. and Alta Limited ("Alta"), ZERO.NET,
Inc. and Dominion Income Management Corp. ("Dominion Corp.") and
ZERO.NET, Inc. and Dominion Income Management Corp. Profit Sharing
Plan ("Dominion Plan"), ZERO.NET acquired 1,745,567 shares of Envision
common stock from Alta for 1?,538,586 shares of ZERO.NET Preferred A
Stock, 679,000 shares of Envision common stock from Dominion Corp. for
4,258,136 shares of ZERO.NET Preferred A Stock and 800,000 shares of
Envision common stock for 6,271,186 shares of ZERO.NET Preferred A
Stock, respectively. Subsequent to the contribution transaction, the
contributing corporations controlled ZERO.NET, and thus may be
considered part of a "control group" through ZERO.NET of Envision
Development Corporation. After the contribution transaction, neither
Alta, nor Dominion Plan had any direct interest in Envision
Development Corporation. The pecuniary interest of Alta Limited,
Dominion Corp., and Dominion Plan relative to Envision remained the
same prior to and after this reported disposition event.
(d) NA
* No person providing financial advice to Alta is the controlling person of
Dominion Income Management Corp., formerly the single largest shareholder of
the issuer aside from its parent, E Com Ventures, Inc. (NOTE: Since Dominion
doesn't own these shares anymore, does this need to be disclosed??)
(e) NA
ITEM 6.
Investments are approved by the Board of Directors, a principal of Dominion
Income Management Corp. provides investment advice to Alta, but disclaims
"control" thereof.
ITEM 7.
Exhibit 1 Contribution Commitment Agreement, dated January 20, 2000, between
ZERO.NET, Inc. and Alta Limited
Exhibit 2 Contribution Commitment Agreement, dated January 20, 2000, between
ZERO.NET, Inc. and Dominion Income Management Corp.
Exhibit 3 Contribution Commitment Agreement, dated January 20, 2000, between
ZERO.NET, Inc. and Dominion Income Management Corp. Profit Sharing
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
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Date: April 27, 2000
/s/ DIANE STANLEY
Diane Stanley, Director
