UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Corona Corp, .
2224 Main Street
Santa Monica, CA 90405
2. Issuer Name and Ticker or Trading Symbol
Global Capital Partners, Inc.
("GCAP")
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
11/30/1999
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director (X) 10% Owner ( ) Officer (give title below) ( ) Other
(specify below)
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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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock Purchase |$2.85 |11/08|P | |490,000 |A |Immed|11/09|Common Stock|490,000|$0.15 |490,000 |D | |
Warrant (Right to buy)| |/99 | | | | |. |/04 |, $.05 par v| | | | | |
| | | | | | | | |alue per sha| | | | | |
| | | | | | | | |re | | | | | |
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Convertible Note, due |.35:1 |11/08|P | |$2,000,000 |A |Immed|12/31|10% Converti|700,000|(1) |$2,000,000 |D | |
12/31/04 | |/99 | | | | |. |/04 |ble Preferre| | | | | |
| | | | | | | | |d Stock, Ser| | | | | |
| | | | | | | | |ies A | | | | | |
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Call Option (Right to |(1) |11/08|J | |$2,000,000 |A |Immed|12/31|Convertible |$2,000,|(1) |$2,000,000 |D | |
Buy) | |/99 | | | | |. |/04 |Note, due 12|000 | | | | |
| | | | | | | | |/31/2004 | | | | | |
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| | | | | | | | | | | | | | |
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Explanation of Responses:
(1) In connection with the purchase from a third party by Corona Corp.
("Corona") of the $2,000,000 convertible note, due December 31, 2004 (the
"Note"), convertible into shares of 10% Convertible Preferred Stock, Series A
("Preferred Stock"), of the issuer, for which in lieu of interest Corona
shall receive dividend payments payable on the underlying Preferred Stock
Corona, received the right to purchase (the "Option") up to an additional
$2,000,000 in aggregate principal amount of convertible notes having the same
terms as the Note.
SIGNATURE OF REPORTING PERSON
/s/ Reid Breitman, President
DATE
June 30, 2000
