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OMB APPROVAL
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- ---------- OMB Number: 3235-0104
FORM 3 Expires: September 30, 1998
- ---------- Estimated average burden
hours per response .... 0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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
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<S> <C> <C> <C>
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1. Name and Address of Reporting Person* 2. Date of Event Requiring 4. Issuer Name and Ticker or 6. If Amendment, Date
DeGreef, Jules A. Statement Trading Symbol of Original
- ------------------------------------------ (Month/Day/Year) Micropoint, Inc. (Month/Day/Year)
(Last) (First) (Middle) 04/09/98 ----------------------------------
47 East 7200 South, Suite 201 ---------------------------- 5. Relationship of Reporting -----------------------
- ------------------------------------------ 3. IRS Identification Person to Issuer 7. Individual or Joint/
(Street) Number of Reporting (Check all applicable) Group Filing (Check
Midvale, UT 84047 Person, if an Entity Director X 10% Owner applicable line)
- ------------------------------------------ (Voluntary) ---- ---- X Form filed by
(City) (State) (Zip) ---------------------------- Officer Other --- One Reporting
----(give title ----(specify Person
below) below) Form filed by
--- More than One
----------------------------- Reporting Person
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TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Beneficial
(Instr. 4) Indirect (I) Ownership (Instr. 5)
(Instr. 5)
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Micropoint Common Stock (no par value) 461,292(1) D
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Micropoint Common Stock (no par value) 926,250(1) I Affiliate relationspip with
Northridge Investment, LLC
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Responses) SEC 1473 (7/96)
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FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C>
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1. Title of Derivative Security 2. Date 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature of Indirect
(Instr. 4) Exercisable and Securities Underlying sion or ship Beneficial Ownership
Expiration Date Derivative Security Exercise Form of (Instr. 5)
(Month/Day/ (Instr. 4) Price of Deriv-
Year) Deri- ative
vative Security:
Security Direct
------------------------------------------------- (D) or
Date Expira- Amount or Indirect (I)
Exercis- tion Title Number (Instr. 5)
able Date of Shares
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Stock Options 4/9/98 6/99 Common Stock 260,000 $0.47 D
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Warrants 4/9/98 6/99 Common Stock 455,000 $1.15 D
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Stock Option 4/9/98 4/06 Common Stock 260,000 $0.75 D
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Explanation of Responses:
(1) Mr. DeGreef disclaims beneficial ownership of shars, options or warrants owned by John Sindt, Northridge Investment LLC or
Bull Ventures Ltd. except to the extent shown on this Report.
/s/ Jules A. DeGreef 07/21/98
**Intentional misstatements or omissions of facts constitute Federal 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. Page 2
If space provided is insufficient, See Instruction 6 for procedure. SEC 1473 (7/96)
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