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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. ____)*
VCampus Corporation
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
92240C 10 0
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(CUSIP Number)
December 31, 1999
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ X ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall
not be deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).
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CUSIP Number 92240C 10 0
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1. Name of Reporting Person
I.R.S. Identification No. of Above Person (entities only)
Kamyar Kaviani
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2. Check the Appropriate Box if a Member of a Group
(See Instructions)
(a) ----
Not Applicable (b) ----
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3. SEC Use Only
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4. Citizenship or Place of Organization
United States
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5. Sole Voting Power
Number of 318,061
Shares
Beneficially ----------------------------------------
Owned By 6. Shared Voting Power
Each
Reporting
Person With ----------------------------------------
7. Sole Dispositive Power
318,061
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8. Shared Dispositive Power
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9. Aggregate Amount Beneficially Owned by Each
Reporting Person
318,061
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10. Check if the Aggregate Amount in Row (9) Excludes
Certain Shares (See Instructions)
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CUSIP Number 92240C 10 0
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11. Percent of Class Represented by Amount in Row (9)
5.5%
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12. Type of Reporting Person (See Instructions)
IN
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CUSIP Number 92240C 10 0
ITEM 1(a) NAME OF ISSUER
VCampus Corporation
ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
8251 Greensboro Drive, Suite 500, McLean VA 22102
ITEM 2(a) NAME OF PERSON FILING
Kamyar Kaviani
ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR, IF NONE, RESIDENCE
8251 Greensboro Drive, Suite 500, McLean VA 22102
ITEM 2(c) CITIZENSHIP
United States
ITEM 2(d) TITLE OF CLASS OF SECURITIES
Common Stock
ITEM 2(e) CUSIP NUMBER
92240C 10 0
ITEM 3. FILING PURSUANT TO RULES 13d-1(b) OR 13d-2(b)
Not Applicable
ITEM 4. OWNERSHIP
(a) Amount Beneficially Owned: As of December 31, 1999, Mr. Kaviani
beneficially owned 318,061 shares of the Issuer's Common Stock,
which includes (i) 68,358 shares of common stock issuable upon
conversion of Series D Preferred Stock, and (ii) 15,500 shares of
common stock issuable upon exercise of options that are
exercisable within 60 days from December 31, 1999.
(b) Percent of Class: 5.5%
(c) See Rows (5)-(8) on Page 2.
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CUSIP Number 92240C 10 0
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not Applicable
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Not Applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY
Not Applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not Applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not Applicable
ITEM 10. CERTIFICATION
Not Applicable
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CUSIP Number 92240C 10 0
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete and
correct.
February 11, 2000
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Date
/s/ Kamyar Kaviani
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Kamyar Kaviani
