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OMB APPROVAL
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OMB Number 3235-0104
Expires: 9/30/1998
Estimated average burden
hours per response ..... 0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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
1. Name and Address of Reporting Person*
Orbit II Partners, L.P.
2 Rector Street, 16th Floor
New York, New York 10006
2. Date of Event Requiring Statement (Month/Day/Year)
December 23, 1999
3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
MicroTel International, Inc. (OTC.BB: "MCTL.OB")
5. Relationship of Reporting Person to Issuer
(Check all applicable)
[_] Director [X] 10% Owner
[_] Officer (give title below) [_] Other (specify below)
6. If Amendment, Date of Original (Month/Day/Year)
7. Individual or Joint/Group Filing (Check applicable line)
[X] Form Filed by One Reporting Person
[_] Form Filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Beneficially Owned
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<TABLE>
<CAPTION>
3. Ownership Form:
2. Amount of Securities Direct (D) or
1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr.5)
<S> <C> <C> <C>
Common Stock 755,700(1) D
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the Form is filed by more than one Reporting Person, see Instruction
5(b)(v).
</TABLE>
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Table II -- Derivative Securities Beneficially Owned (e.g., puts,
calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
5. Owner-
3. Title and Amount of Securities ship
Underlying Derivative Security Form of
2. Date Exercisable (Instr. 4) Derivative
and Expiration Date --------------------------------- 4. Conver- Security:
(Month/Day/Year) Amount sion or Direct 6. Nature of
---------------------- or Exercise (D) or Indirect
Date Expira- Number Price of Indirect Beneficial
1. Title of Derivative Exer- tion of Derivative (I) Ownership
Security (Instr. 4) cisable Date Title Shares Security (Instr. 5) (Instr. 5)
- - ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Warrant 12/23/99 12/23/02 Common Stock 172,500 $0.25 D
Series A Preferred Stock 12/23/99 5/22/03(1) Common Stock 1,743,285 (1) D
/s/ Alan S. MacKenzie, Jr. December 28, 1999
___________________________ -----------------------
Alan S. MacKenzie, Jr. Date
As a General Partner
**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).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
(1) Each share of Series A Preferred Stock is convertible into 50,530 shares of Common Stock prior to May 22, 2003. On May 22,
2003, the Issuer is required to redeem each outstanding share of Series A Preferred Stock for $11,500.00.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, SEE Instruction 6 for
procedure.
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