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: Larry D. Heaps
743 South 670 East, Orem, Utah 84097
2. Date of Event Requiring Statement (Month/Date/Year): 12/4/99
3. IRS or Social Security Number of Reporting Person (Voluntary):
4. Issuer Name and Ticker or Trading Symbol:
Dynamic Information System & eXchange, Inc. DIXS
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
1. Title of Security: Common Stock
2. Amount of Securities 3.Ownership Form: 4. Nature of
Beneficially Owned Direct (D) or Indirect Beneficial
Owned Indirect (I) Ownership
------------------------ ------------------ -------------------
1,650,000 D
500,000 I Represents shares held of
record by Heaps Family
Trust, an entity
controlled by DeLynn
Heaps, of which
Larry Heaps is a
beneficiary.
TABLE II - Derivative Securities Beneficially Owned
1. Title of Derivative Security: N/A
2. Date Exercisable (Month/Day/Year): N/A
Expiration Date (Month/Day/Year): N/A
3. Title:
Amount of Securities Underlying Derivative Security (Amount of Number of
Shares):
4. Conversion or Exercise Price of Derivative Security: N/A
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I):
6. Nature of Indirect Beneficial Ownership:
Explanation of Responses:
Signature of Reporting Person: /S/Larry D. Heaps
Date: 12/30/99
