<TABLE>
<CAPTION>
-------- -------------------------------
FORM 3 OMB APPROVAL
-------- -------------------------------
U.S. SECURITIES AND EXCHANGE COMMISSION OMB Number: 3235-0104
Washington, D.C. 20549 Expires: September 30, 1998
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Estimated average burden
hours per response..........0.5
-------------------------------
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
<S> <C> <C>
-----------------------------------------------------------------------------------------------------------------------------------
| |
1. Name and Address of Reporting Person* | 2. Date of Event Re- | 4. Issuer Name and Ticker or Trading Symbol
| quiring Statement |
Kaufman Matthew | (Month/Day/Year) | THCG, Inc. (NASDAQ: THCG)
----------------------------------------------| |---------------------------------------------------------
(Last) (First) (Middle) | | |
| 9/6/00 | 5. Relationship of Reporting | 6. If Amendment, Date
12 East 49th Street, Suite 3200 | | Person(s) to Issuer | of Original
----------------------------------------------|--------------------------| (Check all applicable) | (Month/Day/Year)
(Street) | 3. I.R.S. Identification| |------------------------
| Number of Reporting | X Director __ 10% Owner| 7. Individual or Joint/
| Person, if an entity | __ Officer __ Other | Group Filing
| (Voluntary) | (give title (specify | (Check Applicable List)
| | below) below) | X Form filed by One
| | _________________ | Reporting Person
| | | Form filed by More than
New York NY 10017 | | | One Reporting Person
----------------------------------------------|------------------------------------------------------------------------------------
(City) (State) (Zip) | Table I -- Non-Derivative Securities Beneficially Owned
-----------------------------------------------------------------------------------------------------------------------------------
1. Title of Security | 2. Amount of Securities | 3. Ownership | 4. Nature of Indirect
(Instr. 4) | Beneficially Owned | Form: Direct | Beneficial Ownership
| (Instr. 4) | (D) or Indirect | (Instr. 5)
| | (I) (Instr. 5) |
-------------------------------------------------|----------------------------|------------------------|---------------------------
No securities owned | | |
-------------------------------------------------|----------------------------|------------------------|---------------------------
| | |
-------------------------------------------------|----------------------------|------------------------|---------------------------
| | |
-------------------------------------------------|----------------------------|------------------------|---------------------------
| | |
-------------------------------------------------|----------------------------|------------------------|---------------------------
| | |
-------------------------------------------------|----------------------------|------------------------|---------------------------
| | |
-------------------------------------------------|----------------------------|------------------------|---------------------------
| | |
-------------------------------------------------|----------------------------|------------------------|---------------------------
| | |
-------------------------------------------------|----------------------------|------------------------|---------------------------
| | |
-------------------------------------------------|----------------------------|------------------------|---------------------------
| | |
-------------------------------------------------|----------------------------|------------------------|---------------------------
| | |
-----------------------------------------------------------------------------------------------------------------------------------
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
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 control number.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FORM 3 (continued) Table II -- Derivative Securities Beneficially Owned (e.g.,
puts, calls, warrants, options, convertible securities)
<S> <C> <C> <C> <C> <C>
-----------------------------------------------------------------------------------------------------------------------------------
1. Title of Derivative | 2. Date Exercisable | 3. Title and Amount of | 4. Conver- | 5. Owner- | 6. Nature of
Security | and Expiration | Securities Underlying | sion or | ship | Indirect
(Instr. 4) | Date | Derivative Security | Exercise | Form of | Beneficial
| (Month/Day/Year) | (Instr. 4) | Price of | Deri- | Ownership
| | | Deri- | vative | (Instr. 5)
| | | vative | Security: |
| | | Security | Direct |
|------------------------|------------------------------| | (D) or |
| Date | Expira- | Title | Amount or | | Indirect |
| Exer- | tion | | Number of | | (I) |
| cisable | Date | | Shares | | (Instr. 5)|
--------------------------|------------|-----------|--- ---------|----------------|----------------|---------------|----------------
No securities owned | | | | | | |
--------------------------|------------|-----------|-------------|----------------|----------------|---------------|----------------
| | | | | | |
--------------------------|------------|-----------|-------------|----------------|----------------|---------------|----------------
| | | | | | |
--------------------------|------------|-----------|-------------|----------------|----------------|---------------|----------------
| | | | | | |
--------------------------|------------|-----------|-------------|----------------|----------------|---------------|----------------
| | | | | | |
--------------------------|------------|-----------|-------------|----------------|----------------|---------------|----------------
| | | | | | |
--------------------------|------------|-----------|-------------|----------------|----------------|---------------|----------------
| | | | | | |
--------------------------|------------|-----------|-------------|----------------|----------------|---------------|----------------
| | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------
Explanation of Responses:
** Intentional misstatements or omissions of facts constitute Federal Criminal /s/ Matthew Kaufman 10/16/00
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.
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 current valid OMB Number
</TABLE>
2 of 2
