ENTRADE INC
3, 1999-11-17
CONVERTED PAPER & PAPERBOARD PRODS (NO CONTANERS/BOXES)
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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

<TABLE>
<CAPTION>

<S>                    <C>              <C>                 <C>                 <C>


- -------------------------------------------------------------------------------------------------------------------
1.  Name and Address of Reporting Person


          Worldwide Web NetworX Corporation
- -------------------------------------------------------------------------------------------------------------------
        (Last)                     (First)                   (Middle)

           521 FELLOWSHIP ROAD, SUITE 130
- -------------------------------------------------------------------------------------------------------------------

          MOUNT LAUREL             NJ                            08054
- -------------------------------------------------------------------------------------------------------------------
      (City)                             (State)                                       (Zip)


2.  Date of Event Requiring Statement (Month/Day/Year)

          8/19/99
- -------------------------------------------------------------------------------------------------------------------
</TABLE>


                                       1
<PAGE>


3.  IRS or Social Security Number of Reporting Person (Voluntary)


     22-3543539
- --------------------------------------------------------------------------------
4.  Issuer Name or Ticker or Trading Symbol

     ENTRADE, INC. (ETA)
- --------------------------------------------------------------------------------
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/Year)


                         N/A
- --------------------------------------------------------------------------------

7.       Individual or Joint/Group Filing
         (Check Applicable Line)
         [X] Form filed by One Reporting Person
         [ ] Form filed by More than One Reporting Person

- --------------------------------------------------------------------------------
             Table I -- Non-Derivative Securities Beneficially Owned

- --------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                                      3. Ownership Form
                                            2.  Amount of Securities                     direct (D) or
1.  Title of Security                            Beneficially Owned                       Indirect (I)
      (Instr. 4)                                    (Instr. 4)                             (Instr. 5)

- ---------------------------------------------------------------------------------------------------------
<S>                                         <C>                                         <C>
- ---------------------------------------------------------------------------------------------------------

       COMMON STOCK                       1,800,000                                      D
- ---------------------------------------------------------------------------------------------------------

- ---------------------------------------------------------------------------------------------------------

- ---------------------------------------------------------------------------------------------------------

- ---------------------------------------------------------------------------------------------------------

- ---------------------------------------------------------------------------------------------------------


</TABLE>

Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.


                                       2
<PAGE>

                 Table II -- Derivative Securities Beneficially
                  Owned (e.g., puts, calls, warrants, options,
                             convertible securities)

- --------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                                3.  Title and Amount of Securities
                                                                                     Underlying Derivative Security
                                            2.  Date Exercisable                     (Instr. 4)
                                               and Expiration Date

                                                 (Month/Day/Year)                                Amount
                                                                                                 or
                                            Date              Expira-                            Number
1.  Title of Derivative                     Exer-             tion                               of
      Security (Instr. 4)                   cisable           Date            Title              Shares

- ---------------------------------------------------------------------------------------------------------
<S>                                         <C>               <C>            <C>                 <C>
No Securities Owned
- ---------------------------------------------------------------------------------------------------------

- ---------------------------------------------------------------------------------------------------------

- ---------------------------------------------------------------------------------------------------------

- ---------------------------------------------------------------------------------------------------------

- ---------------------------------------------------------------------------------------------------------

- ---------------------------------------------------------------------------------------------------------

- ---------------------------------------------------------------------------------------------------------

- ---------------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>

<S>                                 <C>                 <C>                  <C>
Explanation of Responses:

WorldWide Web NetworX Corporation

 By: /S/ Allan Cohen                                                       November 12, 1999
- ------------------------------------------------------                     --------------------------------
Allan Cohen, Vice President and General Counsel                               Date
**Signature of Reporting Person

         Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
         See 19 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.
</TABLE>

Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.

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