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<CAPTION>
----------------- U.S. SECURITIES AND EXCHANGE COMMISSION ----------------------------
| F O R M 4 | Washington, D.C. 20549 | OMB APPROVAL |
----------------- |--------------------------|
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP |OMB Number 3235-0287|
[ ] Check this box if |Expires: September 30,1998|
no longer Subject Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, |Estimated ave. burden |
to Section 16. Section 17(a) of the Public Utility Holding Company Act of 1935 or |hours per response.....0.5|
Section 30(f) of the Investment Company Act 1940 ----------------------------
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|1.Name and Address of Reporting Person* |2.Issuer Name and Ticker or Trading Symbol |6.Relationship of Reporting Person to |
| | | Issuer (Check all Applicable) |
| | | |
| SINCLAIR DENNIS | VIRTUALSELLERS.COM, INC. (VDOT) | X Director 10% Owner |
|----------------------------------------|------------------------------------------------|--- --- |
| (Last) (First) (MI)|3.IRS or Soc. Sec. No. |4.Statement for Month/ | X Officer Other |
| | of Reporting Person | Year |---(give title below) ---(Specify below)|
| | (Voluntary) | | PRESIDENT AND CEO |
| 195 NORTH HARBOUR DRIVE, SUITE 903 | | 08/00 |----------------------------------------|
|----------------------------------------| |------------------------|7. Individual or Joint/Group Filing |
| (Street) | - |5.If Amendment, Date of | (Check Applicable Line) |
| | | Original (Month/Year) | |
| | | | X Form filed by One Reporting Person |
| | | |--- |
| | | - | Form filed by More than One |
| CHICAGO ILLINOIS 60601 | | |--- Reporting Person |
|----------------------------------------------------------------------------------------------------------------------------------|
| (City) (State) (Zip) |
| TABLE I - Non-Derivative Securities Acquired, Disposed of or Beneficially Owned |
|----------------------------------------------------------------------------------------------------------------------------------|
|1.Title of Security |2.Transac- |3.Trans. |4.Security Acquired (A) or |5.Amount of |6. |7.Nature of Indirect|
| (Instr. 3) | tion Date | Code | Disposed of (D) | Securities |Own.| Beneficial |
| |(Mon/Day/Yr)|(Instr.8)| (Instr. 3, 4 & 5) | Beneficially |Form| Ownership |
| | |---------|-------------------------------| Owned at End of|(D) | (Instr. 4) |
| | | | | |(A) | | Month |or | |
| | |Code| V | Amount |(D) | Price | (Instr. 3 & 4) |(I) | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| COMMON SHARES | 06/14/00 | J**| | 1,250,000 | D | n/a | 6,480,000 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/26/00 | S | | 200 | D | $1.5310 | 6,479,800 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/26/00 | S | | 200 | D | $1.5310 | 6,479,600 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/26/00 | S | | 144 | D | $1.5310 | 6,479,456 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/26/00 | S | | 500 | D | $1.5310 | 6,478,956 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/26/00 | S | | 1000 | D | $1.5310 | 6,477,956 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/26/00 | S | | 1000 | D | $1.50 | 6,476,956 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/26/00 | S | | 1000 | D | $1.50 | 6,475,956 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/26/00 | S | | 1500 | D | $1.5310 | 6,474,456 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/26/00 | S | | 1800 | D | $1.5310 | 6,472,656 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/26/00 | S | | 5000 | D | $1.5310 | 6,467,656 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/26/00 | S | | 5000 | D | $1.5310 | 6,462,656 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/26/00 | S | | 2000 | D | $1.5310 | 6,460,656 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/26/00 | S | | 4000 | D | $1.50 | 6,456,656 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/26/00 | S | | 5000 | D | $1.5310 | 6,451,656 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/31/00 | S | | 298 | D | $1.5312 | 6,451,358 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/31/00 | S | | 1000 | D | $1.55 | 6,450,358 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/31/00 | S | | 1000 | D | $1.5312 | 6,449,358 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/31/00 | S | | 1000 | D | $1.5312 | 6,448,358 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/31/00 | S | | 1300 | D | $1.53 | 6,447,058 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/31/00 | S | | 2400 | D | $1.60 | 6,444,658 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/31/00 | S | | 2500 | D | $1.53 | 6,442,158 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/31/00 | S | | 3500 | D | $1.5312 | 6,438,658 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/31/00 | S | | 4902 | D | $1.5937 | 6,433,756 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/31/00 | S | | 5000 | D | $1.5312 | 6,428,756 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/31/00 | S | | 6656 | D | $1.50 | 6,422,100 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/31/00 | S | | 7098 | D | $1.58 | 6,415,002 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/31/00 | S | | 7700 | D | $1.5312 | 6,407,302 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/31/00 | S | | 8702 | D | $1.5312 | 6,398,600 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/31/00 | S | | 9000 | D | $1.58 | 6,389,600 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/31/00 | S | | 9000 | D | $1.58 | 6,380,600 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/31/00 | S | | 9000 | D | $1.5312 | 6,371,600 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/31/00 | S | | 10000 | D | $1.5312 | 6,361,600 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/31/00 | S | | 19000 | D | $1.55 | 6,342,600 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 07/31/00 | S | | 20000 | D | $1.5312 | 6,322,600 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/01/00 | S | | 500 | D | $1.9375 | 6,322,100 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/01/00 | S | | 500 | D | $1.9375 | 6,321,600 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/01/00 | S | | 500 | D | $1.92 | 6,321,100 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/01/00 | S | | 1450 | D | $1.92 | 6,319,650 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/01/00 | S | | 2000 | D | $1.92 | 6,317,650 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/01/00 | S | | 2500 | D | $1.92 | 6,315,150 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/01/00 | S | | 4500 | D | $1.8437 | 6,310,650 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/01/00 | S | | 5000 | D | $1.9375 | 6,305,650 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/01/00 | S | | 7900 | D | $1.8437 | 6,297,750 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/01/00 | S | | 20000 | D | $1.9062 | 6,277,750 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/22/00 | S | | 250 | D | $1.50 | 6,277,500 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/22/00 | S | | 1000 | D | $1.50 | 6,276,500 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/22/00 | S | | 1925 | D | $1.50 | 6,274,575 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/22/00 | S | | 3000 | D | $1.50 | 6,271,575 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/22/00 | S | | 3825 | D | $1.50 | 6,267,750 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/22/00 | S | | 5000 | D | $1.53 | 6,262,750 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/23/00 | S | | 210 | D | $1.53 | 6,262,540 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/23/00 | S | | 500 | D | $1.53 | 6,262,040 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/23/00 | S | | 500 | D | $1.53 | 6,261,540 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/23/00 | S | | 500 | D | $1.4062 | 6,261,040 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/23/00 | S | | 500 | D | $1.3750 | 6,260,540 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/23/00 | S | | 500 | D | $1.3750 | 6,260,040 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/23/00 | S | | 500 | D | $1.3750 | 6,259,540 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/23/00 | S | | 500 | D | $1.3750 | 6,259,040 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/23/00 | S | | 1000 | D | $1.3750 | 6,258,040 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/23/00 | S | | 1000 | D | $1.3750 | 6,257,040 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/23/00 | S | | 2000 | D | $1.53 | 6,255,040 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/23/00 | S | | 2000 | D | $1.3750 | 6,253,040 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/23/00 | S | | 2500 | D | $1.53 | 6,250,540 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/23/00 | S | | 2500 | D | $1.53 | 6,248,040 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/23/00 | S | | 3750 | D | $1.5312 | 6,244,290 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/23/00 | S | | 6010 | D | $1.4062 | 6,238,280 | D | |
|-------------------------------|------------|----|----|----------------|----|---------|-----------------|----|--------------------|
| | 08/23/00 | S | | 8280 | D | $1.3437 | 6,230,000 | D | |
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Reminder: Report on a separate line for each class securities owned directly or indirectly. SEC 1474 (7-98)
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
PAGE: 1 OF 2
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<CAPTION>
FORM 4 (continued) TABLE II - Derivative Securities Acquired, Disposed of, Beneficially Owned
(e.g., puts, calls, warrants, options, convertible security)
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|1.Title of|2.Conver-|3. |4.Tran- |5.Number of |6.Date |7.Title and Amount |8.Price of|9.Number |10. |11.Nature |
|Derivative|sion or |Trans| saction| Derivative |Exercisable| of Underlying |Derivative| of |Own.| of |
|Security |Exercise |Date | Code | Securities |and | Securities |Security |Derivative|Form|Indirect |
|(Instr. 3)|Price of |(Mon/|(Instr.8)| Acquired (A) or |Expiration | (Instr. 3 & 4) |(Instr. 5)|Securities|of |Beneficial|
| |Deriva- | Day/| | Disposed of (D) |Date | | |Benefi- |Deri|Ownership |
| |tive |Year)| | (Instr. 3, 4 & 5) |(Month/Day/| | |cially |Sec.|(Instr. 4)|
| |Security | | | | Year) | | |Owned at |Dir.| |
| | | | | |-----------|---------------------| |End of |(D) | |
| | | | | | | | |Amount or | |Month |or | |
| | | |---------|---------------------|Date |Exp. | Title |Number of | |(Instr. 4)|Ind.| |
| | | |Code| V | (A) | (D) |Exbl.|Date | |Shares | | |(I) | |
|----------|---------|-----|----|----|----------|----------|-----|-----|----------|----------|----------|----------|----|----------|
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
|----------|---------|-----|----|----|----------|----------|-----|-----|----------|----------|----------|----------|----|----------|
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | |
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Explanation of Responses:
** These shares were originally issued to the Reporting Person as compensation in his capacity as the President and as a director
of the Issuer. Following a change in the policy of the Issuer with respect to compensation of its directors and officers, these
shares were returned to treasury.
**Intentional misstatements or omissions of facts constitute Federal /s/ DENNIS SINCLAIR 09/11/00
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). -------------------------------------------- ----------
**Signature of Reporting Person Date
Note: File three copies of this form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure. SEC 1474 (7-98)
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 OMD Number
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