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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1 )*
TrackPower, Inc.
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(Name of Issuer)
Common Stock par value $0.001 per share
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(Title of Class of Securities)
025369109
(CUSIP Number)
May 4, 1999
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*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 the
disclosure provided in a prior cover page.
The information required in 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 the section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
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CUSIP No. 025369109 13G
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1. Names of Reporting Persons Mees Pierson ICS Limited
or I.R.S. Identifica-
tion Nos. of Above Persons
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2. Check the Appropriate Box (a)
if a Member of a Group ------------------------
(b)
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3. S.E.C. Use Only
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4. Citizenship or Place of United Kingdom
Organization
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Number of Shares (5) Sole Voting Power 0
Beneficially ------------------------------
Owned by Each Reporting (6) Shared Voting Power 0
------------------------------
(7) Sole Dispositive Power 0
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(8) Shared Dispositive 0
Power
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9. Aggregate Amount Beneficially
Owned by Each Reporting Person 0
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10. Check if the Aggregate Amount
in Row (9) Excludes Certain
Shares
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11. Percent of Class Represented
by Amount in Row 9 0%
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12. Type of Reporting Person CO
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CUSIP No. 025369109 13G
CONTINUATION PAGES TO SCHEDULE 13G
Item 1(a) Name of Issuer:
TrackPower, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
67 Wall Street
Suite 2411
New York, New York 10005
Item 2(a) Name of Person Filing:
Mees Pierson ICS Limited
Item 2(b) Address of Principal Business Office:
Camomile Court
23 Camomile Street
London EC3A 7PP, United Kingdom
Item 2(c) Citizenship:
United Kingdom
Item 2(d) Title of Class of Securities:
Common Stock, par value $0.001 per share
Item 2(e) CUSIP Number:
025369109
Item 3. If this statement is filed pursuant to " 240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
(a) [ ] Broker or Dealer registered under section 15 of
the Act (15 U.S.C. 78o).
(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) [ ] Insurance company as defined in section 3(a)(19) of the Act
(15 U.S.C. 78c).
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CUSIP No. 025369109 13G
(d) [ ] Investment company registered under section 8 of
the Investment Company Act of 1940
(15 U.S.C. 80a-8).
(e) [ ] An investment adviser in accordance with
section 240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in
accordance with section 240.13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company in accordance with
section 240.13d-1(b)(ii)(G);
(h) [ ] A savings association as defined in section 3(b)
of the Federal Deposit Insurance Act (12 U.S.C.
1813);
(i) [ ] A church plan that is excluded from the
definition of an investment company under
section 3(c)(14) of the Investment Company Act of
1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(J).
Item 4. Ownership
(a) Amount Beneficially Owned: 0 shares of Common Stock
(b) Percent of Class: 0%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the disposition of: 0
(iv) shared power to dispose or to direct the disposition of: 0
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial owner
of more than five percent of the class of securities, check the
following [X].
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CUSIP No. 025369109 13G
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent
Holding Company.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
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CUSIP No. 025369109 13G
Item 10. Certification.
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were not acquired and are
not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were not
acquired and are not held in connection with or as a participant in
any transaction having that purpose of effect.
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CUSIP No. 025369109 13G
SIGNATURE.
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.
Dated as of: November 30th, 1999
Mees Pierson ICS Limited
Signature: Peter Koster
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Name: Peter Koster
Title: Director
Signature: Phillipe Crichton
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Name: Philippe Crichton,
Title: Credit Manager
