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
May, Peter W.
c/o Triarc Companies, Inc.
280 Park Avenue
New York, NY 10017
USA
2. Issuer Name and Ticker or Trading Symbol
MCM Capital Group, Inc.
MCMC
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
January 31, 2000
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) 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
<TABLE>
<CAPTION>
___________________________________________________________________________________________________________________________________
Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
___________________________________________________________________________________________________________________________________|
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)| |
___________________________________________________________________________________________________________________________________|
<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
Common Stock, $.01 par valu| | | | | | |603,787(1) |(I)(4)|(1) |
e | | | | | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common Stock, $.01 par valu| | | | | | |145,327(2) |(I)(4)|(2) |
e | | | | | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common Stock, $.01 par valu| | | | | | |145,327(3) |(I)(4)|(3) |
e | | | | | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
___________________________________________________________________________________________________________________________________|
<CAPTION>
___________________________________________________________________________________________________________________________________
Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
___________________________________________________________________________________________________________________________________|
1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
___________________________________________________________________________________________________________________________________|
<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock Warrants |$.01 |1/12/|(A) | |100,000 |A |Immed|1/12/|Common Stock|100,000|(5) |100,000(4) |(I)| |
(right to buy) | |00 | | | | |. |05 | Warrants | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
| | | | | | | | | | | | | | |
___________________________________________________________________________________________________________________________________|
</TABLE>
Explanation of Responses:
(1) All such shares are held by a wholly-owned subsidiary of Triarc Companies,
Inc. ("Triarc"). Mr. May is an
officer, director and significant stockholder of
Triarc.
(2) All such shares are held in the Jonathan P. May 1998 Trust, an entity in
which Mr. May is a trustee.
(3) All such shares are held in the Leslie A. May 1998 Trust, an entity in
which Mr. May is a trustee.
(4) The reporting person disclaims beneficial ownership of these securities,
and this report shall not be deemed an
admission that the reporting person is the beneficial owner of such securities
for purposes of Section 16 or for
any other
purpose.
(5) Warrants to purchase up to 100,000 shares of MCM Capital Group, Inc. were
granted to Triarc in January 2000
in consideration of Triarc providing a guaranty of certain indebtedness of MCM
Capital Group, Inc.
SIGNATURE OF REPORTING PERSON
Peter W. May
DATE
February 10, 2000
