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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
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*
Olivier Jan J.
________________________________________________________________________________
(Last) (First) (Middle)
6400 E. Jackrabbit Rd.
________________________________________________________________________________
(Street)
Paradise Valley AZ 85253
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(City) (State) (Zip)
________________________________________________________________________________
2. Issuer Name and Ticker or Trading Symbol
WhatsForFree Technologies, Inc. WFFT
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3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
________________________________________________________________________________
4. Statement for Month/Year
05/00
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[X] Director [_] 10% Owner
[X] Officer (give title below) [_] Other (specify below)
Chief Executive Officer
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________________________________________________________________________________
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 Acquired, Disposed of,
or Beneficially Owned
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<TABLE>
<CAPTION>
6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ------------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock 3/04/98 A 1 A N/A 72,626 I By Spouse
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Common Stock 4/14/99 A 3,995 A N/A 76,621 I By Cactus
Consultants
Inc, wholly
owned by self.
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Common Stock 04/30/99 D 1,000 D 4.3125 75,621 I By Cactus
Consultants
Inc, Wholly
owned by self.
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Common Stock 2/15/00 A (1) 2,000,000 A N/A 2,075,621 I By Cactus
Consultants
Inc, wholly
owned by self.
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Common Stock 12/07/99 D 10,000 D .6400 2,065,621 I By Cactus
Consultants
Inc, Wholly
owned by self.
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Common Stock 12/07/99 D 10,000 D .7000 2,055,621 I By Cactus
Consultants
Inc, Wholly
owned by self.
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Common Stock 12/8/00 D 5,600 D .7600 2,050,021 I By Cactus
Consultants
Inc, Wholly
owned by self.
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Common Stock 3/30/00 D (1) 1,868,500 D N/A 181,521 I By Cactus
Consultants
Inc, Wholly
owned by self.
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Common Stock 3/30/00 A (2) 1 A N/A 181,522 I By Spouse
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Common Stock 3/30/00 A (1) 200,000 A N/A 381,522 I By Spouse
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Common Stock 3/30/00 A (1) 100,000 A N/A 481,522 I By daughter
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Common Stock 3/30/00 A (1) 100,000 A N/A 581,522 I By daughter
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Common Stock 3/30/00 A (1) 100,000 A N/A 681,522 I By son
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Common Stock 3/30/00 A (2) 7,660 A N/A 689,182 I By Cactus
Consultants
Inc, Wholly
owned by self
Consultants
Inc
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Common Stock 3/30/00 A (2) 2 A N/A 189,184 D
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Common Stock 4/24/00 A (2) 200,000 A N/A 889,184 I By Cactus
Consultants
Inc, Wholly
owned by self
Consultants
Inc
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</TABLE>
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
4(b)(v).
(Over)
SEC 1474(3-99)
Page 2
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FORM 4 (continued)
Table II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
10.
9. Owner-
Number ship
of Form
2. Deriv- of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
or Derivative 6. of Underlying 8. ities Secur- of
Exer- 4. Securities Date Securities Price Bene- ity: In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship
Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
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</TABLE>
Explanation of Responses:
(1) Shares acquired in exchange for balance due to indirect beneficiary to
reporting person. Shares subsequently distributed to non-beneficial
relationships were 1,368,500, with the balance distributed to indirect
beneficial relationships shown in this Form 4.
(2) Shares distributed as a part of the 10% stock dividend distributed March 30,
2000 for shareholders of record on January 31, 2000. Note: Where applicable, all
share amounts have been restated to reflect a 1 for 3 reverse stock split
effective December 2, 1996 and a 1 for 100 reverse stock split effective January
17, 1998.
/s/ Jan J. Olivier May 25, 2000
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**Signature of Reporting Person Date
** 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.
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