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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
ANNUAL 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
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FORM 5
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[ ] Check box if no longer
subject to Section 16.
Form 4 or Form 5
obligations may
continue. See
Instruction 1(b).
[ ] Form 3 Holdings Reported
[ ] Form 4 Transaction Reported
<S> <C> <C> <C>
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1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Persons
Sindt, John A. to Issuer
- ------------------------------------------ Micropoint, Inc. (Check all applicable)
(Last) (First) (Middle) _ Director X 10% Owner
47 East 7200 South, Suite 201 _ Officer (give title _ Other
- ------------------------------------------ below) (specify
(Street) below)
Midvale, UT 84047 _________________________
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(City) (State) (Zip) 3. IRS Identification 4. Statement for Month/Year 7. Individual or Joint/Group Reporting
Number of Reporting December 1998 (check applicable line)
Person, if an Entity --------------------------- X Form Filed by One Reporting Person
(Voluntary) 5. If Amendment, Date of _ Form Filed by More than One
Original (Month/Year) 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.Trans- 3.Trans- 4.Securities Acquired (A) 5.Amount of 6.Owner- 7.Nature of
(Instr.3) action action or Disposed of (D) Securities ship Indirect
Date Code (Instr. 3, 4 and 5) Beneficially Form: Beneficial
(Month/ (Instr. ------------------------- Owned at Direct Ownership
Day/Year) 8) A End of (D) or (Instr. 4)
Amount or Price Issuer's Indirect
D Fiscal Year (I)
(Instr. 3 & 4) (Instr. 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Micropoint Common Stock 1,366,610(1) I **
(no par value)
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<FN>
** Mr. Sindt claims beneficia ownership of these shares through his memebership interest in Northridge Investment, LLC, a separate
filer. The difference in this number of shares and those reflected on Form 3 are caused by transactions reported for the month
of April 1998 and correction of clerical errors.
</FN>
* If the Form is filed by more than one reporting person, see instruction 4(b)(v). (Over)
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FORM 5 (continued)
Table II Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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1.Title of 2.Conver- 3.Trans- 4.Trans- 5.Number of 6.Date Exer- 7.Title and 8.Price 9.Number 10.Owner- 11.Nature
Derivative sion or action action Derivative cisable and Amount of of of Deri- ship of of In-
Security Exercise Date Code Securities Expiration Underlying Deri- vative Deriva- direct
(Instr. 3) Price of (Month/ (Instr. Acquired Date (Month/ Securities vative Secur- tive Bene-
Deri- Day/ 8) (A) or Day/Year) (Instr. 3 Secu- ities Security: ficial
vative Year) Disposed and 4) rity Benefi- Direct Owner-
Security of (D) ----------------------------- (Instr. cially (D) or ship
(Instr.3, Date Expir- Amount or 5) Owned Indirect (Instr.
4, and 5) Exer- ation Title Number of at End (I) 4)
----------- cisable Date Shares of Year (Instr.4)
(A) (D) (Instr.4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Warrants $0.77 4/9/98 6/99 Common 15,860 D
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Warrants $1.15 4/9/98 6/99 Common 455,000 I ***
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<FN>
Explanation of Responses:
(1) Mr. Sindt disclaims beneficial ownership of shares, options or warrants owned by Jules DeGreef, Northridge Investment LLC, Bull
Ventures Ltd. except to the extent shown on this Report.
*** Mr. sindt claims beneficial ownership of these warrants under a contract with Jules DeGreef, the legal owner.
</FN>
** Intentional misstatements or omissions of facts constitute /s/ John A. Sindt 02/18/99
Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). -------------------------------- --------
** 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.
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