FORM 4
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Check this box if no longer
subject 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 of
Section 30(f) of the Investment Company Act of 1940
<TABLE>
<S> <C>
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Name and Address of Reporting Person 2. Issuer Name and Ticker or Trading Symbol
General Conference Corporation of Seventh-day Adventists LifePoint, Inc - LFPT
____________________________________________________________
(Last) (First) (Middle)
12501 Old Columbia Pike
____________________________________________________________
(Street)
Silver Spring MD 20804
____________________________________________________________
City (State) (Zip)
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<C> <C>
3. IRS or Social 4. Statement for Month/Year
Security Number of
Reporting Person 2/00
(Voluntary)
52-6037545
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<C>
5. If Amendment, Date of Original
(Month/Year)
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<C>
6. Relationship of Reporting Person to Issuer
(Check if Applicable)
__ Director _X_ 10% Owner
__ Officer ___ Other (specify below)
(give title below)
</TABLE>
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<TABLE>
<CAPTION>
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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<S> <C> <C> <C>
1. Title of Security 2. Transaction 3. Transaction 4. Securities Acquired (A) or
(Instr. 3) Date Code Disposed of (D) (Instr. 3, 4,
(Month/Day/Year) (Instr. 8) and 5)
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Code V Amount (A) or Price
(D)
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Common Stock, $.001 par value 2/29/00 P 190,000 A (1)
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<C> <C> <C>
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5. Amount of 6. 7. Nature of
Securities Ownership Indirect
Beneficially Form: Beneficially
Owned at End Direct Ownership
of Month (D) or (Instr. 4)
(Instr. 3 and Indirect
4) (I)
(Instr. 4)
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- --------------- ----------- ---------------
1,425,000 D N/A
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</TABLE>
(1) The Reporting Person purchased 76 units of Securities from the issuer.
Each unit consists of 2,500 shares of the Common Stock and a warrant to
purchase 2,500 shares of the Common Stock. The purchase price of each Unit was
$5,000.
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
<TABLE>
<CAPTION>
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
<S> <C> <C> <C> <C> <C>
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1. Title of Derivative 2. Conver- 3. 4. 5. Number of 6. Date
Security (Instr. 3) sion or Transaction Transaction Derivation Exercisable and
Exercisable Date Code (Instr.8 Securities Expiration Date
Price of (Month/Day/Year Acquired (A) (Month/Date/Year)
Derivative or Disposed
Security of (D)
(Instr. 3,4,
and 5)
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- ---------------------------- ------------- -------------- ------ ------- -------- ------ -------- --------
Code V (A) (D) Date Expiration
Exercis- Date
able
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Series A 10% Cumulative Any time N/A N/A N/A Any time N/A
Convertible Preferred Stock
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Common Stock Purchase $3.00 2/29/00 A 76 9/14/00 3/13/05
Warrant
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<S> <C> <C> <C> <C>
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7. Title and Amount of 8. Price of 9. Number 10. 11.
Underlying Securities Derivative of Ownership Nature of
(Instr. 3 and 4) Security Derivative Form of Indirect
(Instr. 5) Securities Derivative Beneficial
Beneficially Security: Ownership
Owned at Direct (Instr. 4)
end of (D) or
month Indirect
(Instr. 4) (I)
(Instr. 4)
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- ----------- ------------ ------------- ------------- ----------- -----------
Title Amount or
Number of
Shares
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Common 4,500,000 $10.00 225,000 D N/A
Stock
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Common 100,000 (1) 415,000 D N/A
Stock
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</TABLE>
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Explanation of Responses:
(1) The Reporting Person purchased 76 units of Securities from the issuer.
Each unit consists of 2,500 shares of the Common Stock and a warrant to
purchase 2,500 shares of the Common Stock. The purchase price of each Unit was
$5,000.
General Conference Corporation of Seventh Day Adventists
By: /s/ Gary B. DeBoer
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Title: Associate Treasurer
Date: March 13, 2000
**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.