U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
1. Name and Address of Reporting Person: Tom Jarnagin,
450 Dondee Way, Suite 10, Pacifica, CA 94044
2. Date of Event Requiring Statement (Month/Date/Year): 06/30/1999
3. IRS or Social Security Number of Reporting Person (Voluntary):
4. Issuer Name and Ticker or Trading Symbol:
INDUSTRIAL ECOSYSTEMS, INC.(IECS)
5. Relationship of Reporting Person(s) to Issuer (Check all Applicable)
(X) Director (X) Officer, give title below ( ) 10% Owner ( ) Other
Title: President
6. If Amendment, Date of Original (Month/Day/Year): N/A
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 I - Non-Derivative Securities Beneficially Owned
<TABLE>
<CAPTION>
<C> <C> <C> <C>
1. Title 2. Amount of 3. Ownership Form: 4. Nature of
of Securities Direct(D)or Indirect Beneficial
Security Beneficially Owned Indirect(I) Ownership
-------- ------------------ --------------- -------------------
Common Stock 2,536,083 D N/A
Common Stock 1,056,905 I Shares held of record by Francine
Jarnagin, spouse of Tom Jarnagin
</TABLE>
TABLE II - Derivative Securities Beneficially Owned
1. Title of Derivative Security: Options
2. Date Exercisable (Month/Day/Year): 04/30/1999
Expiration Date(Month/Day/Year): 04/30/2004
3. Title: Common Stock
Amount of Securities Underlying Derivative Security (Amount of Number of
shares): 300,000
4. Conversion or Exercise Price of Derivative Security: $0.16
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I): D
6. Nature of Indirect Beneficial Ownership: N/A
Explanation of Responses:
Signature of Reporting Person: /s/Tom Jarnagin
Date: 7/15/99
