UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
1. Name and Address of Reporting Person
Marks, Evan
c/o THCG, Inc.
650 Madison Avenue
21st Floor
New York, NY 10022
2. Date of Event Requiring Statement (Month/Day/Year)
11/1/99
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
THCG, Inc. ("THCG")
(f/k/a Walnut Financial Services, Inc. ("WNUT"))
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other
(specify below)
6. If Amendment, Date of Original (Month/Day/Year)
11/04/99
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Beneficially Owned |
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1. Title of Security |2. Amount of |3. Ownership |4. Nature of Indirect |
(Instr. 4) | Securities | Form: | Beneficial Ownership |
| Beneficially | Direct(D) or | (Instr. 5) |
| Owned | Indirect(I) | |
| (Instr. 4) | (Instr. 5) | |
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<S> <C> <C> <C>
Common Stock | 50,000 | D | |
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Common Stock | 100,000(1) | I | By limited liability company. |
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Common Stock | 50,000(1) | I | By trusts (2). |
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* If form is filed by more than one reporting person, see Instruction 5(b)(v). (Over)
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-96)
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Form 3 (continued) Table II - Derivative Securitites Beneficially Owned (e.g., puts, calls, warrants, options, convertible
securities)
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Table II -- Derivative Securitites Beneficially Owned |
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1.Title of Derivative |2.Date Exer- |3.Title and Amount | |4. Conver-|5. Owner- |6. Nature of Indirect |
Security | cisable and | of Underlying | |sion or |ship | Beneficial Ownership |
(Instr. 4) | Expiration | Securities (Instr.4) | |exercise |Form of | (Instr. 5) |
| Date(Month/ |-----------------------|---------|price of |Deriv- | |
| Day/Year) | |Amount |deri- |ative | |
| Date | Expira- | |or |vative |Security: | |
| Exer- | tion | Title |Number of|Security |Direct(D) or | |
| cisable | Date | |Shares | |Indirect(I) | |
| | | | | |(Instr. 5) | |
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<S> <C> <C> <C> <C> <C> <C> <C>
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Explanation of Responses:
(1) The reporting person disclaims beneficial ownership of these securities.
(2) These shares are held in trusts for the benefit of the reporting person's children.
** Intentional misstatements or omissions of facts constitute Federal /s/ Evan Marks December 6, 1999
Criminal Violations. -------------------------------- -----------------
See 18 U.S.C. 1001 and 15 U.S. C. 78ff(a). ** Signature of Reporting Person Date
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Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
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