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UNITED STATES ------------------------------
SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL
Washington, D.C. 20549 ------------------------------
OMB Number 3235-0101
FORM 144 Expires: September 30, 1998
Estimated average burden
NOTICE OF PROPOSED SALE OF SECURITIES hours per response ....... 2.0
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933 ------------------------------
SEC USE ONLY
ATTENTION: Transmit for filing 3 copies of this form concurrently with ------------------------------
either placing an order with a broker to execute sale or executing DOCUMENT SEQUENCE NO.
a sale directly with a market maker. ------------------------------
CUSIP NUMBER
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WORK LOCATION
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1(a) NAME OF ISSUER (Please type or print) (b) IRS IDENT. NO. (c) S.E.C. FILE NO.
Euro Gas, Inc. 87-0427676 33-1381-D
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1(d) ADDRESS OF ISSUER STREET CITY STATE ZIP CODE (e) TELEPHONE NO.
942 East 7145 South, #101A Midvale Utah (801)255-0862
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2(a) NAME OF PERSON FOR WHOSE ACCOUNT THE (b) SOCIAL SECURITY NO. (c) RELATIONSHIP (d) ADDRESS STREET CITY STATE ZIP CODE
SECURITIES ARE TO BE SOLD OR IRS IDENT. NO. TO ISSUER
Finance Credit & Development Corporation None None Chateau Amiral, Bloc B, Boulevard d Italia
Monte Carlo, Monaco
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INSTRUCTION: The person filing this notice should contact the issuer to obtain the I.R.S. Identification Number and the S.E.C.
File Number.
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3(a) Title of the (b) Name and Address of Each Broker Through Whom the SEC USE ONLY (c) Number of (d) Aggregate
Class of Securities are to be Offered or Each Market Maker ------------- Shares or Market
Securities who is Acquiring the Securities Broker-Dealer Other Units Value
To Be Sold File Number To Be Sold (See Instr. 3(d))
(See Instr. 3(c))
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Common Brown Brothers Harriman & Co 241,820 $40,781.25
59 Wall Street
New York, NY
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(e) Number of Shares (f) Approximate (g) Name of Each
or Other Units Date of Sale Securities
Outstanding (See Instr. 3(f)) Exchange
(See Instr. 3(e)) (MO. DAY YR.) (See Instr. 3(g))
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69,965,179 01/07/99 * OTC Bulletin Board
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Common KSH Investment Group, Inc. 128.000 $198,400
245 Great Neck Road
Great Neck, NY 11021
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(e) Number of Shares (f) Approximate (g) Name of Each
or Other Units Date of Sale Securities
Outstanding (See Instr. 3(f)) Exchange
(See Instr. 3(e)) (MO. DAY YR.) (See Instr. 3(g))
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69,965,179 01/07/99 * OTC Bulletin Board
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Common Alex Brown & Sons, Inc. 13,720 $21,266
One Thirty Five East Baltimore Street
Baltimore, Maryland 21202
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(e) Number of Shares (f) Approximate (g) Name of Each
or Other Units Date of Sale Securities
Outstanding (See Instr. 3(f)) Exchange
(See Instr. 3(e)) (MO. DAY YR.) (See Instr. 3(g))
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69,965,179 01/98/99 * OTC Bulletin Board
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INSTRUCTIONS:
1. (a) Name of issues 3. (a) Title of the class of securities to be sold
(b) Issuer's I.R.S. Identification Number (b) Name and address of each broker through whom
(c) Issuer's S.E.C. file number, if any the securities are intended to be sold
(d) Issuer's address, including zip code (c) Number of shares of other units to be sold
(e) Issuer's telephone number, including area code (if debt securities, give the aggregate face amount)
* Based on average bid and ask prices on October 30, 1998
2. (a) Name of person for whose account the securities are to be sold (d) Aggregate market value of the securities
(b) Such person's Social Security or I.R.S. identification number to be sold as of a specified date within 10
(c) Such person's relationship to the issuer (e.g., officer, director, 10% days prior to the filing of this notice
stockholder, or member of immediate family of any of the foregoing) (e) Number of shares or other units of the class
such person's address, including zip code outstanding, or if debt securities the face
amount thereof outstanding, as shown by the
most recent report or statement published by
the issuer
(f) Approximate date on which the securities
are to be sold
(g) Name of each securities exchange,
if any, on which the securities
are intended to be sold
TABLE I - SECURITIES TO BE SOLD
Furnish the following information with respect to the acquisition of the
securities to be sold and with respect to the payment of all or any part
of the purchase price or other consideration therefor:
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Title of Date you Nature of Name of Person Amount of Securities Date of Payment Nature of Payment
the Class Acquired Acquisition from Whom Acquired Acquired
Transaction (If gifs, mins give
date donor acquired)
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Common 7/30/97 FCDC acquired 2,999,999 Euro 2,999,999 7/30/97 Cash
shares of Euro Gas Common
stock pursuant to a superceding
agreement between FCDC and
Euro Gas.
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INSTRUCTIONS: 1. If the securities were purchased and full payment 2. If within two years after the acquisitions of
therefor was not made in cash at the time of purchase, the securities the person for whose account
explain in the table or in a note thereto the nature they are to be sold had any short positions,
of the consideration given. If the consideration consisted put or other option to dispose of securities
of any note or other obligation, or if payments was made referred to in paragraph (d)(3) of Rule 144,
in installments describe the arrangement and state when the furnish full information with respect thereto.
note or other obligation was discharged in full or the last
installment paid.
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TABLE II - SECURITIES SOLD DURING THE PAST 3 MONTHS Furnish the
following information as to all securities of the issuer sold during the
past 3 months by the persons for whose account the securities
are to be sold
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Name and Address of Seller Title of Securities Sold Date of Sale Amount of Securities Sold Gross Proceeds
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See Exhibit A
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REMARKS:
This is an amendment to a Form 144 previously filed by FCDC relating to the sale of 640,000 shares of
Euro Gas common stock.
FCDC does not plan on selling all of the shares on one day.
INSTRUCTIONS: ATTENTION:
See the definition of "person" in paragraph (a) of Rule 144. Information The person for whose account the securities to
is to be given not only as the person for whose account the securities are to be which this notice relates are to be sold hereby
sold but also as to all other persons included in that definition. In addition, represents by signing this notice that he does
information shall be given as to sales by all persons whose sales are required not know any material adverse information in
by paragraph(e) of Rule 144 to be aggregated with sales for the account of the regard to the current and prospective operations
person filing this notice. of the Issuer of the securities to be sold which
has not been publicly disclosed.
FINANCE CREDIT & DEVELOPMENT CORPORATION
December 28,1998
- --------------------------- /s/J Dr. Michael Ilgen
DATE OF NOTICE -------------------------------------------
Dr. Michael Ilgen, President
The notice shall be signed by the person for whose account the securities are to
be sold. At least one copy of the notice shall be manually signed. Any copies
not manually signed shall bear typed or printed signatures.
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ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)
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EXHIBIT A
Name and Address of Seller Title of Securities Sold Date of Sale Amount of Securities Sold Gross Proceeds
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FCDC Common 12/07/98 5,000 $7,301.78
" " 12/14/98 10,000 $14,068.57
" " 12/15/98 10,000 $12,193.63
" " 12/16/98 80,000 $46,735.90
" " 12/17/98 10,000 $16,568.48
" " 12/18/98 20,000 $31,892.95
" " 12/21/98 21,000 $34,455.40
" " 12/23/98 10,000 $16,568.48
" " 12/28/98 10,000 $16,693.48
" " 12/29/98 20,000 $33,267.91
" " 12/30/98 10,000 $16,693.48
" " 12/31/98 10,000 $15,631.01
" " 01/04/99 10,000 $15,318.52
" " 01/05/99 10,000 $15,318.52
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