FORM 4 U.S. Securities and Exchange Commission
[ ] Check box if no longer subject Washington, D.C. 20549
to Section 16. Form 4 or Form 5
obligations may continue. See
Instruction 1(b).
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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>
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1. Name and Address of Reporting Person 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting
Person to Issuer
(Check all applicable)
<S> <C> <C>
Goldfarb, Gary M. Fusion Networks Holdings, Inc. - "FUSN"
X Director
10% Owner
X Officer (give Other
title below)
(Specify below)
President and Chief Executive
Officer
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(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for Month/Year
Number of Reporting Person <C>
(Voluntary) October 2000
<C> <C>
8115 N.W. 29th Street
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(Street) 5. If Amendment, Date of
Original (Month/Year)
<C> <C>
Miami, Florida 33122
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(City)(State) (Zip) Table I - Non-Derivative Securities, Acquired, Disposed of, or Beneficially Owned
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1. Title of 2. Transaction 3. Transaction 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature of
Security Date Code or Disposed of (D) Securities Form: Indirect
(Instruction 3) Beneficially Direct (D) Beneficial
(Month/Day/ (Instruction 8) (Instructions 3, 4 and 5) Owned at or Indirect Ownership
Year) End of (I) (Instruction 4)
Month (Instruction 4)
(Instructions
3 and 4)
<C> <C> <C> <C> <C> <C> <C>
------------------ -------------- ---------- ----- --------- ------- -------- --------------- --------------------- ------------
Code V Amount (A) Price
or
(D)
------------------ -------------- ---------- ----- --------- ------- -------- --------------- --------------------- ------------
Common Stock 10/13/00 P 3,500 A $0.875
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Common Stock 10/13/00 P 6,500 A $0.906
------------------ -------------- ---------- ----- --------- ------- -------- --------------- --------------------- ------------
Common Stock 10/17/00 P 7,000 A $0.969 17,000 D
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly. (Over)
<PAGE>
Form 4 (continued)
TableII - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g. puts, calls, warrants, options, convertible securities.)
<TABLE>
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1.Title of 2.Conver- 3.Trans- 4.Trans- 5.Number 6.Date 7.Title and 8.Price 9.Number 10.Own- 11.Nature
Deriva- sion or action action of Deri- Exercis- Amount of of of ership of
tive exercise Date Code vative able Underlying Der- Deriva- Form In-
Security Price of (Month/ (Instruc- Securities and Securities iva- tive of direct
(Instruc- Deriva- Day/ tion 8) Acquired Expira- (Instructions tive Securi- Deriva- Benefi-
tion 3) tive Year) (A) or tion 3 and 4) Secur- ties tive cial
Security Disposed Date ity Benefi- Secur- Owner-
of (D) (Month/ (Ins- cially ity: ship
(Instructions Day/ truc- Owned Direct (Ins-
3 and 4) Year) tion 5) at End (D) or truc-
of Indirect tion 4)
Month (I)
(Instruc- (Instruc-
tion 4) tion 4)
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
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T V (A) (D) Date Exp- Title Amount
Exer- ira- or Num-
cisa- tion ber of
ble Date Shares
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</TABLE>
Explanation of Responses:
/s/ Gary Goldfarb November 1, 2000
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**Signature of Reporting Person Date
Note: File three copies of this Form, one of which must be manually signed. If
space provided is insufficient, see Instruction 6 for procedure.
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
