FONG HENRY
SC 13G/A, 1997-02-13
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

 ------------------------------------------------------------------------------
                                  SCHEDULE 13G
 ------------------------------------------------------------------------------


                        Under the Securities Act of 1934
                               (Amendment No. 4 )




                            INTRANET SOLUTIONS, INC.
                      ------------------------------------
                                (Name of Issuer)



                          Common Stock, $.01 par value
                      ------------------------------------
                         (Title of Class of Securities)




                                   460939 30 9
                       -----------------------------------
                                 (CUSIP Number)



Check the following box if a fee is being paid with this statement /No fee/

<PAGE>

Cusip No. 460939 30 9                                          Page 2 of 4 Pages



Row 1.: Henry Fong
        ###-##-####

Row 2.: (a) / /
        (b) / /

Row 3.: SEC USE ONLY

Row 4.: United States

Row 5.: 79,203

Row 6.: 682,585

Row 7.: 79,203

Row 8.: 682,585

Row 9.: 761,788

Row 10.: / /

Row 11.: 10.2%

Row 12.: IN

<PAGE>

Cusip No. 460939 30 9                                          Page 3 of 4 Pages


Item 1.  
       (a) IntraNet Solutions, Inc.
       (b) 9625 West 76th Street, Suite 150
           Eden Prarie, Minnesota 55344

Item 2.  
       (a) Henry Fong
       (b) 2401 PGA Blvd, Suite 280-F
           Palm Beach Gardens, Florida 33408
       (c) United States
       (d) Common Stock, $.01 Par Value
       (e) 460939 30 9

Item 3. If this Statement Is Filed Pursuant to Rule 13d-1(b), or 
        13d-2(b), Check Whether the Person Filing Is A:
          Not applicable

Item 4. Ownership

       (a) 761,788 of which 79,203 is owned of record by Mr. Fong comprised of
           16,653 shares of common stock and 62,550 shares of common stock
           issuable upon the exercise of warrants.  The remaining 682,585
           shares of common stock are owned of record by Equitex, Inc.
           of which Mr. Fong is the President and a Director and may be 
           deemed to be a beneficial owner of these securities but which
           securities Mr. Fong disclaims beneficial ownership of.
       (b) 10.2%
       (c) (i)   79,203
           (ii)  682,585
           (iii) 79,203
           (iv)  682,585

Item 5. Ownership of Five Percent or less of a Class:
          Not applicable

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

Item 10. Certification:
          Not applicable

<PAGE>

Cusip No. 460939 30 9                                          Page 4 of 4 Pages



                                    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: February 13, 1997 as
       of December 31, 1996            By /S/ HENRY FONG
                                          --------------------------
                                          HENRY FONG



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