UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. _______)*
Telemonde, Inc.
(Name of Issuer)
Common Stock, $0.001 Par Value Per Share
(Title of Class of Securities)
87943G 10 1
(CUSIP Number)
Neal Collier, Director
Intelecom Corporation Inc.
P.O. Box 63, 1 Rue du Bugnon
1299 Crans Vaad Switzerland
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
September 29, 1999
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of (S)(S)240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box. [_]
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7 for other parties
to whom copies are to be sent.
*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).
CUSIP NO. 87943G 101
-------------
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NAMES OF REPORTING PERSONS
1 S.S. or I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Intelecom Corporation Inc.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
2 (a) [_]
(b) [_]
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SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS
4
OO
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [_]
5
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CITIZENSHIP OR PLACE OF ORGANIZATION
6
British Virgin Islands
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SOLE VOTING POWER
7
NUMBER OF
29,260,000*
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
29,260,000*
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
29,260,000*
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES
12
[_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
13
43.8%
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TYPE OF REPORTING PERSON
14
CO
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*These figures are accurate as of the date of the event which required the
filing of this Schedule 13D. See Item 5 for figures as of the date of filing.
SCHEDULE 13D
Item 1. Security and Issuer
This statement on Schedule 13D (this "Schedule 13D") relates to shares
of Common Stock, $.001 par value (the "Common Stock"), of Telemonde, Inc., a
Delaware corporation (the "Issuer"). The Issuer's principal executive offices
are located at 230 Park Avenue, 10th Floor, New York, New York 10169.
Item 2. Identity and Background
This Schedule 13D is being filed by Intelecom Corporation Inc., a
British Virgin Islands corporation ("Intelecom"). Intelecom was formed for the
purpose of acquiring and holding shares of the Issuer. The principal executive
offices of Intelecom are located at Lake Buildings, First Floor, Wickhams Cay 1,
Road Town, Tortola, British Virgin Islands.
Intelecom is a wholly-owned subsidiary of Rhone Financial Indemnity Re
Ltd., an Irish company ("Rhone"). The principal executive offices of Rhone are
located at 19 Weir View, Lucan, County Dublin.
The name, business address and present principal occupation or
employment of the sole director and executive officer of Intelecom and Rhone is
set forth in Appendix I hereto and is incorporated herein by reference. Such
person's citizenship is also set forth on Appendix I hereto.
During the last five years, neither Intelecom, Rhone, nor to the best
of Intelecom's or Rhone's knowledge, the director and executive officer listed
on Appendix I has been, (a) convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors), or (b) a party to a civil
proceeding of a judicial or administrative body of competent jurisdiction and as
a result of such proceeding was or is subject to a judgment, decree or final
order enjoining future violations of, or prohibiting or mandating activities
subject to, federal or state securities laws or finding any violation with
respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration
Pursuant to a Share Sale Agreement, dated September 29, 1999, Intelecom
purchased Twenty-Nine Million, Two Hundred and Sixty Thousand shares of the
Common Stock of the Issuer from Rhone in exchange for consideration in the
amount of Thirty-Two Million Nine Hundred and Seventeen Thousand Five Hundred
Dollars and Zero Cents ($32,917,500.00) satisfied by the issue of common stock
of Intelecom.
Item 4. Purpose of Transaction
Rhone operates as a holding company. Rhone was the founding shareholder
and sole beneficial owner of Telemonde Investments Limited, a British Virgin
Islands Company ("TIL"). On May 14, 1999, pursuant to a stock purchase
agreement, all of the outstanding shares of TIL were acquired from Rhone by the
Issuer (formerly Pac-Rim Consulting, Inc., a Nevada corporation), in exchange
for 35,297,000 restricted shares of the Issuer. As part of this transaction,
Rhone agreed to transfer to certain employees and affiliates of Telemonde
(including Kevin Maxwell, Adam Bishop, Andrew Hedges, Nicholas Topham, Larry
Trachtenberg and Harry Pomeroy) shares comprising at least a majority interest
in Telemonde, leaving Rhone with an agreed-upon minority interest. To begin this
reorganization, on September 29, 1999, Rhone sold all its common stock in
Telemonde to Intelecom.
The transfer of shares of Telemonde common stock from Rhone to the
Telemonde employees and affiliates entitled to the shares under the agreement
with Rhone will be completed in the following manner: Intelecom will grant the
right to purchase shares of Telemonde common stock from Intelecom to an Employee
Benefit Trust organized for the benefit of certain Telemonde employees (the
"Trust"). Along with a number of other employees, Mr. Bishop, Mr. Hedges, Mr.
Pomeroy, Mr. Topham and Mr. Trachtenberg would hold Telemonde shares through the
Trust. As of the filing of this Schedule 13D, however, ownership in the shares
held by Intelecom has not been transferred to the Trust. Intelecom will grant
non-employees the right to purchase shares of Telemonde common stock
directly from Intelecom, and, as of the date of this filing, has effected such
sales of the Common Stock as set forth on Appendix II hereto and as incorporated
herein by reference. These sales were transacted pursuant to Regulation S
promulgated under the United States Securities Act of 1933, as amended.
Mr. Maxwell, however, has informed Intelecom of his intention to
purchase the 2,756,790 shares of Telemonde common stock to which he is entitled
directly from Intelecom, instead of purchasing them through the Trust, and
Intelecom has agreed to permit Mr. Maxwell to do so.
Item 5. Interest in Securities of the Issuer
(a)-(b) At the time the Share Sale Agreement by and among Intelecom and
Rhone was executed, Intelecom beneficially owned 29,260,000 shares of the Common
Stock of the Issuer, which represented 43.8% of the issued and outstanding
shares of the Common Stock. As of the filing of this Schedule 13D, Intelecom
beneficially owns 14,119,312 shares of the Common Stock, which represents 13.6%
of the issued and outstanding shares of the Common Stock. To the knowledge of
Intelecom, the person listed on Appendix I hereto does not beneficially own any
shares of the Common Stock or other securities of the Issuer. Intelecom has the
sole power to vote or direct the vote and sole power to dispose or direct the
disposition of such shares.
(c) Except as described in Appendix II hereto, neither Intelecom nor,
to the knowledge of Intelecom, the person listed on Appendix I has executed
transactions in the Common Stock during the past 60 days.
(d) There is no person that has the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of, the
shares of the Common Stock beneficially owned by Intelecom.
Item 6. Contracts, Agreements, Understandings or Relationships with Respect to
Securities of Issuer
Other than the proposed Employee Benefit Trust which has not yet been
formed, Intelecom has not entered into any contract, agreement, understanding or
relationship with respect to the securities of the Issuer.
Item 7. Material to Be Filed as Exhibits:
*1. Stock Purchase Agreement, dated May 14, 1999, by and among Pac-Rim
Consulting, Inc., Thomas Gelfand, as principal of Pac-Rim, Telemonde Investments
Limited, and Rhone Financial Indemnity Re Limited.
2. Share Sale Agreement, dated September 29, 1999, between Intelecom
Corporation Inc. and Rhone Financial Indemnity Re Limited.
Signatures
After reasonable inquiry and to the best of each of the undersigned's
knowledge and belief, each of the undersigned certifies that the information set
forth in this statement is true, complete and correct.
Dated: 31 May 2001 INTELECOM CORPORATION INC.
------------
By: /s/ N. Collier for Eaton Trust Ltd.
-----------------------------------
Title: Director
--------------------------------
* Previously filed as an exhibit to the Registration Statement on Form 10 for
Telemonde, Inc., as filed with the SEC on November 15, 1999.
Appendix I
Intelecom Corporation Inc. is incorporated in the British Virgin Islands with
IBC No. 336496 and its registered office is located at:
Intelecom Corporation Inc.
Lake Building
1st Floor
Wickhams Cay 1
P O Box 3152
Road Town
Tortola, British Virgin Islands
Eaton Trust Limited is the Director of Intelecom Corporation Inc. Mr. Collier
is a Director of Eaton Trust Limited and Rhone Financial Indemnity Re Ltd.
Mr. Collier's business address is Intelecom Corporation Inc., P O Box 63,
1 Rue Du Bugnon, 1299 Crans, Vaud Switzerland. Mr. Collier is a citizen of
Great Britain.
Intelecom Corporation Inc.
P O Box 63
1 Rue Du Bugnon
1299 Crans
Vaud Switzerland
Appendix II
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NAME ADDRESS # OF SHARES DATE SALE PRICE
----------------------------------------------------------------------------------------------------------------------------
Altamira Investments Limited P O Box 3152 2,740,000 March 9, 2000 $2,740.00
Road Town
Tortola, BVI
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Dahlia Charitable Trust 40 Portman Square 50,000 March 9, 2000 $ 50.00
4th Floor
London, England W1H 9FH
----------------------------------------------------------------------------------------------------------------------------
Grand Metropolitan Corporation c/o MC Grumbridge 78,000 March 9, 2000 $ 78.00
The Hogarth Group
Airedale Avenue
Chiswick, London W4 2NW
----------------------------------------------------------------------------------------------------------------------------
Fehme, Jacqueline 80 Priory Road 5,000 March 9, 2000 $ 5.00
London, England N8 7EY
----------------------------------------------------------------------------------------------------------------------------
Booth-Johnson, Ann 45 Belsize Court 20,000 March 9, 2000 $ 20.00
Lyndhurst Gardens
London, England NW3 5QP
----------------------------------------------------------------------------------------------------------------------------
Tankha, Rejeev c/o MC Grumbridge 10,000 March 9, 2000 $ 10.00
The Hogarth Group
Airedale Avenue
Chiswick, London W4 2NW
----------------------------------------------------------------------------------------------------------------------------
Warnford-Davies, John c/o MC Grumbridge 10,000 March 9, 2000 $ 10.00
The Hogarth Group
Airedale Avenue
Chiswick, London W4 2NW
----------------------------------------------------------------------------------------------------------------------------
Pritchard, Ray 37 Route du Clementy 300,000 March 9, 2000 $ 300.00
CH 1260
Nyon Switzerland
----------------------------------------------------------------------------------------------------------------------------
Allied Commercial Exporters Bowater House 1,431,000 March 9, 2000 $1,431.00
Limited Knightsbridge
London SW1
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Gramos Investments Limited P O Box 226 Victory House 40,000 March 9, 2000 $ 40.00
St. Peter Port
Guernsey Channel Islands
----------------------------------------------------------------------------------------------------------------------------
Northern Management Ltd. Kings Court 50,000 March 9, 2000 $ 50.00
P O Box N3944
Bay Street
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NAME ADDRESS # OF SHARES DATE SALE PRICE
----------------------------------------------------------------------------------------------------------------------------
Nassau Bahamas
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Panton Management Ltd. Kings Court 25,000 March 9, 2000 $ 25.00
P O Box N3944
Bay Street
Nassau Bahamas
----------------------------------------------------------------------------------------------------------------------------
Armitage, Steven c/o Murray Partners Ply 50,000 March 9, 2000 $ 50.00
Limited
P O Box 1429
North Sydney NSW 259
Australia
----------------------------------------------------------------------------------------------------------------------------
Allied Commercial Exporters Bowater House 400,000 March 9, 2000 $ 400.00
Limited Knightsbridge
London, England SW1
----------------------------------------------------------------------------------------------------------------------------
Calling Warehouse Limited c/o Peter Gbedemah 20,000 March 9, 2000 $ 20.00
56 Gloucester Road
London, England SW7 4UB
----------------------------------------------------------------------------------------------------------------------------
Kingsfame Investment Limited c/o MC Grumbridge 50,000 March 9, 2000 $ 50.00
The Hogarth Group
Airedale Avenue
Chiswick, London W4 2NW
----------------------------------------------------------------------------------------------------------------------------
Papi Investment Corporation c/o Industrie Und 50,000 March 9, 2000 $ 50.00
Finanzkontor Establishment
Attenbach 8
FL-9490 Baduz
----------------------------------------------------------------------------------------------------------------------------
Pendragon Securities, Inc. c/o Chancery Bar Financial 1,667 March 9, 2000 $ 1.67
Services
Chancery House
Chelmsford Road
London, England N14 4JN
----------------------------------------------------------------------------------------------------------------------------
Rhone Financial Indemnity Re 1 Rue du Bugnon 244,899 March 9, 2000 $ 244.90
Limited P O Box 63
1260 Nyon
Vaud Switzerland
----------------------------------------------------------------------------------------------------------------------------
Rosema Establishment Austrasse 27 50,000 March 9, 2000 $ 50.00
Postfach 183
FL-9490
Vaduz
----------------------------------------------------------------------------------------------------------------------------
Sterling Industrial Finance Ltd. c/o Fraser House 755,101 March 9, 2000 $ 755.10
----------------------------------------------------------------------------------------------------------------------------
NAME ADDRESS # OF SHARES DATE SALE PRICE
----------------------------------------------------------------------------------------------------------------------------
29 Albemarle Street
London, England W1
----------------------------------------------------------------------------------------------------------------------------
Towland Limited c/o P O Box 611 274,000 March 9, 2000 $ 274.00
19/21 Commercial Street
St. Helier
Jersey JE4
----------------------------------------------------------------------------------------------------------------------------
Allan, Michael 1 The Woods 5,000 March 9, 2000 $ 5.00
Ickenham
Uxbridge, Middlesex
UB10 8NN
----------------------------------------------------------------------------------------------------------------------------
Barnes, Peter 149 Lightfoot Road 10,000 March 9, 2000 $ 10.00
London, England N8 7JJ
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Barnes, Terry 20 Lodge Lane 5,000 March 9, 2000 $ 5.00
Waltham Abbey
Essex EN9 3AD
----------------------------------------------------------------------------------------------------------------------------
Barners, Peter 149 Lightfoot Road 5,000 March 9, 2000 $ 5.00
London, England N8 7JJ
----------------------------------------------------------------------------------------------------------------------------
Berry, Nicholas c/o MC Grumbridge 7,500 March 9, 2000 $ 7.50
The Hogarth Group
Airedale Avenue
Chiswick, London W4 2NW
----------------------------------------------------------------------------------------------------------------------------
Bishop, Seth Laurel Cottage 25,000 March 9, 2000 $ 25.00
Chalkcroft Lane
Penton Mewsey
Hampshire
SP11 0RG
----------------------------------------------------------------------------------------------------------------------------
Breach, Barry 29 Ravel Close 5,000 March 9, 2000 $ 5.00
Old Farm Park
Milton Keynes MK4 8EY
----------------------------------------------------------------------------------------------------------------------------
Cayzer, Nigel Thriepley House 10,000 March 9, 2000 $ 10.00
Lundie Dundee
DD2 5PA
----------------------------------------------------------------------------------------------------------------------------
Cole, A. 24 Churchill Avenue 10,000 March 9, 2000 $ 10.00
Ipswich
----------------------------------------------------------------------------------------------------------------------------
Davis, Dora 108 Walpole Road 1,000 March 9, 2000 $ 1.00
London, England N 17
----------------------------------------------------------------------------------------------------------------------------
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NAME ADDRESS # OF SHARES DATE SALE PRICE
----------------------------------------------------------------------------------------------------------------------------
Demetriou, Harry 36 Haycroft Gardens 10,000 March 9, 2000 $ 10.00
London, England NW10 3BN
----------------------------------------------------------------------------------------------------------------------------
Dover, Gill 9 Summit Close 5,000 March 9, 2000 $ 5.00
Kingsbury, London NW9 0UL
----------------------------------------------------------------------------------------------------------------------------
Evans, Timothy 13 Old Square 3,500 March 9, 2000 $ 3.50
Lincolns Inn
London, England WC1
----------------------------------------------------------------------------------------------------------------------------
Farrelly, George 84 Windsor Road 1,500 March 9, 2000 $ 1.50
London, England N7
----------------------------------------------------------------------------------------------------------------------------
Flynn, Patrick 67 Hamilton Road 25,000 March 9, 2000 $ 25.00
Brentford
Middlesex UK
----------------------------------------------------------------------------------------------------------------------------
Flynn, Polly 10 Peel Road 25,000 March 9, 2000 $ 25.00
Gosport
Hampshire PO12 1JT
----------------------------------------------------------------------------------------------------------------------------
Flynn, Peter 10 Peel Road 10,000 March 9, 2000 $ 10.00
Gosport
Hampshire PO12 1JT
----------------------------------------------------------------------------------------------------------------------------
Garvin, Michael Samuel Philip 37 Devonshire Place 37,500 March 9, 2000 $ 37.50
London, England W1N 1PE
----------------------------------------------------------------------------------------------------------------------------
Garvin, Helga 37 Devonshire Place 12,500 March 9, 2000 $ 12.50
London, England W1N 1PE
----------------------------------------------------------------------------------------------------------------------------
Golfar, Joan c/o Chancery Bar Financial 3,333 March 9, 2000 $ 3.33
Services
Chancery House
Chelmsford Road
London N14 4JN
----------------------------------------------------------------------------------------------------------------------------
Hadari, Moshe c/o Chancery Bar Financial 1,000 March 9, 2000 $ 1.00
Services
Chancery House
Chelmsford Road
London N14 4JN
----------------------------------------------------------------------------------------------------------------------------
Hall, Michael & Suzanne 10 Boscastle Road 2,500 March 9, 2000 $ 2.50
London NW5 1EG
----------------------------------------------------------------------------------------------------------------------------
Henningsson, Stig Neptunusgatan 26 3,000 March 9, 2000 $ 3.00
----------------------------------------------------------------------------------------------------------------------------
NAME ADDRESS # OF SHARES DATE SALE PRICE
----------------------------------------------------------------------------------------------------------------------------
Lund 222 57
Sweden
----------------------------------------------------------------------------------------------------------------------------
Hickson, Ian Glebe House 400,000 March 9, 2000 $ 400.00
28 High Street
Great Linford
Milton Keynes MK14 5AX
----------------------------------------------------------------------------------------------------------------------------
Hodkinson, Elaine c/o 84 Windsor Road 1,000 March 9, 2000 $ 1.00
London N7
----------------------------------------------------------------------------------------------------------------------------
Howard, Anne 97A South Hill Park 10,000 March 9, 2000 $ 10.00
London, England NW3 2SP
----------------------------------------------------------------------------------------------------------------------------
Lambert, Kevin 21 School Road 2,000 March 9, 2000 $ 2.00
Thurston
Bury St. Edmonds
Suffolk 1P31 3SB
----------------------------------------------------------------------------------------------------------------------------
Maxwell, Isabel c/o MC Grumbridge 15,000 March 9, 2000 $ 15.00
The Hogarth Group
Airedale Avenue
Chiswick W4 2NW
----------------------------------------------------------------------------------------------------------------------------
Maxwell, Tara Flat 3 792,000 March 9, 2000 $ 792.00
18 Hyde Park Gate
London SW7 5DH
----------------------------------------------------------------------------------------------------------------------------
Morgan, Neal 30 Broad Oaks Way 10,000 March 9, 2000 $ 10.00
Bromley
Kent BR2 0UB
----------------------------------------------------------------------------------------------------------------------------
Moss, Brian Hazelwood 1,000 March 9, 2000 $ 1.00
40 Mill Street
Old Kidlington
Oxon 0X5
----------------------------------------------------------------------------------------------------------------------------
Moylan, Andrew & Elaine 36 Well Walk 2,000 March 9, 2000 $ 2.00
London NW3 1BX
----------------------------------------------------------------------------------------------------------------------------
O'Brien, Mark 189B Fullers Road 10,000 March 9, 2000 $ 10.00
Chatswood NSW 2067
Australia
----------------------------------------------------------------------------------------------------------------------------
Oppenheimer, Kate 50 Percey Road 25,000 March 9, 2000 $ 25.00
Hampton
----------------------------------------------------------------------------------------------------------------------------
NAME ADDRESS # OF SHARES DATE SALE PRICE
----------------------------------------------------------------------------------------------------------------------------
Middx
TW12 2JR
-----------------------------------------------------------------------------------------------------------------------------
Palmer, Paul 8 Abbots Way 50,000 March 9, 2000 $ 50.00
Preston Farm
Tynemouth
Tyne & Wear NE29
-----------------------------------------------------------------------------------------------------------------------------
Perkins, Fred 22 Ham Farm Road 10,000 March 9, 2000 $ 10.00
Richmond
Surrey TW10 5NA
-----------------------------------------------------------------------------------------------------------------------------
Petschek, Lauren 4 Hocroft Avenue 2,000 March 9, 2000 $ 2.00
London NW2
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Putnam, Lisa 75 Lormond Grove 25,000 March 9, 2000 $ 25.00
London SE5 7NH
-----------------------------------------------------------------------------------------------------------------------------
Pymont, Christopher c/o MC Grumbridge 3,500 March 9, 2000 $ 3.50
The Hogarth Group
Airedale Avenue
Chiswick W4 2NW
-----------------------------------------------------------------------------------------------------------------------------
Rosen, Sylvia 78 Twyford Avenue 10,000 March 9, 2000 $ 10.00
London N2
-----------------------------------------------------------------------------------------------------------------------------
Salkin, Anthony 10 Hillside Court 5,000 March 9, 2000 $ 5.00
Finchely Road
London NW3
-----------------------------------------------------------------------------------------------------------------------------
Schott, David 13 Jubilee Street 10,000 March 9, 2000 $ 10.00
Rugby
England CV21 2JJ
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Shirazi, Eddie c/o MC Grumbridge 100,000 March 9, 2000 $ 100.00
The Hogarth Group
Airedale Avenue
Chiswick W4 2NW
-----------------------------------------------------------------------------------------------------------------------------
Simpson, Greg 52 Packhorse Road 50,000 March 9, 2000 $ 50.00
Gerrards Cross
Bucks
SL9 8EF
-----------------------------------------------------------------------------------------------------------------------------
Smith, Thomas Landvoght Waserstr.8 20,000 March 9, 2000 $ 20.00
----------------------------------------------------------------------------------------------------------------------------
NAME ADDRESS # OF SHARES DATE SALE PRICE
----------------------------------------------------------------------------------------------------------------------------
Winterhur
Switzerland
-----------------------------------------------------------------------------------------------------------------------------
Stray, Graham 34 Crosslands 20,000 March 9, 2000 $ 20.00
Caddington Luton
Bedfordshire LU1 4ER
-----------------------------------------------------------------------------------------------------------------------------
Talberg, Freddy 93 Leith Mansions 20,000 March 9, 2000 $ 20.00
Grantully Road
London W9 1LJ
-----------------------------------------------------------------------------------------------------------------------------
Thompson, Phil Quiet Corner 20,000 March 9, 2000 $ 20.00
Stanway Green
Colchester
CO3 5QZ
-----------------------------------------------------------------------------------------------------------------------------
Troy, Margaret 27 Willoughby Road 10,000 March 9, 2000 $ 10.00
Kingston KT2 6LN
-----------------------------------------------------------------------------------------------------------------------------
Vittoz, Michael 3 Avenue Egle 5,000 March 9, 2000 $ 5.00
78600
Maisons-Laffitte
France
-----------------------------------------------------------------------------------------------------------------------------
Vittoz, Patrick 10 York Road 5,000 March 9, 2000 $ 5.00
Heaton Moor
Stockport
SK4 4PQ
-----------------------------------------------------------------------------------------------------------------------------
Vittoz, Yvonne 3 Avenue Egle 3,500 March 9, 2000 $ 3.50
78600
Maisons-Laffitte France
-----------------------------------------------------------------------------------------------------------------------------
York, Tony 5 Wagon Road 50,000 March 9, 2000 $ 50.00
Templestowe 3106
Australia
-----------------------------------------------------------------------------------------------------------------------------
Vista Capital SA CP 739 50,000 March 22, 2000 $ 50.00
CH-6902 Paradiso
Lugano Switzerland
-----------------------------------------------------------------------------------------------------------------------------
Baddeley, Jean Finca Las Colinas 30,000 March 22, 2000 $ 30.00
Lista de Correos
Coin 29100
Malaga Spain
-----------------------------------------------------------------------------------------------------------------------------
Farid, Ahmed c/o MC Grumbridge 190,000 March 22, 2000 $ 190.00
The Hogarth Group
----------------------------------------------------------------------------------------------------------------------------
NAME ADDRESS # OF SHARES DATE SALE PRICE
----------------------------------------------------------------------------------------------------------------------------
Airedale Avenue
Chiswick W4 2NW
-----------------------------------------------------------------------------------------------------------------------------
Cooper, David 22 Tudor Street 100,000 March 22, 2000 $ 100.00
London, England EC4Y 0JJ
-----------------------------------------------------------------------------------------------------------------------------
Warnford-Davies, Mandy St. Mary's Farmhouse 10,000 March 22, 2000 $ 10.00
Beenham
Berkshire England
RG7 5NN
-----------------------------------------------------------------------------------------------------------------------------
Bottomley, John The Beeches 20,000 March 22, 2000 $ 20.00
76 Church Road
Fleet Hants GU13 8LB
-----------------------------------------------------------------------------------------------------------------------------
Foley, Henry c/o MC Grumbridge 5,000 March 22, 2000 $ 5.00
The Hogarth Group
Airedale Avenue
Chiswick W4 2NW
-----------------------------------------------------------------------------------------------------------------------------
Petschek, Robert 1 Bank House 60,000 March 22, 2000 $ 60.00
The Green
Datchet
Berkshire SL3 9JH
-----------------------------------------------------------------------------------------------------------------------------
Henry, Michael c/o Murray Partners Ply 50,000 March 9, 2000 $ 50.00
Limited
P O Box 1429
North Sydney NSW 259
Australia
-----------------------------------------------------------------------------------------------------------------------------
Sarakhani, A. 169-173 Regent Street 100,000 March 9, 2000 $ 100.00
London W1R 7FB
-----------------------------------------------------------------------------------------------------------------------------
St. John, Nick Flint Cottage 120,000 March 9, 2000 $ 120.00
1 Delius Gardens
Horsham
West Sussex RH13 6RY
-----------------------------------------------------------------------------------------------------------------------------
Ward, Samantha c/o MC Grumbridge 5,000 March 9, 2000 $ 5.00
The Hogarth Group
Airedale Avenue
Chiswick W4 2NW
-----------------------------------------------------------------------------------------------------------------------------
Maxwell, Elisabeth 11 Lochmore House 3,500 May 5, 2000 $ 3.50
Cundy Street
----------------------------------------------------------------------------------------------------------------------------
NAME ADDRESS # OF SHARES DATE SALE PRICE
----------------------------------------------------------------------------------------------------------------------------
London SW1W 9JX
----------------------------------------------------------------------------------------------------------------------------
Webzell, Neal Flat 2 120,000 June 29, 2000 $ 120.00
56 Gordon Road
London W5 2AR
----------------------------------------------------------------------------------------------------------------------------
Cybel Management c/o J. Dugast 25,000 July 27, 2000 $ 25.00
Place St. Francois 2
CH 1003
Lausanne Switzerland
----------------------------------------------------------------------------------------------------------------------------
Sage, Peter Flat 12 1,000 July 27, 2000 $ 1.00
Barnard Lodge
Carlton Gate
London W9 3TD
----------------------------------------------------------------------------------------------------------------------------
Slatner, Thomas 2 Wellfield Avenue 5,000 July 27, 2000 $ 5.00
Muswell Hill
London N10 2EA
----------------------------------------------------------------------------------------------------------------------------
Clutterbuck, William c/o MC Grumbridge 150,000 October 16, 2000 $ 150.00
The Hogarth Group
Airedale Avenue
Chiswick London W4 2NW
----------------------------------------------------------------------------------------------------------------------------
Burm, Theo Kasteeldreef 98B 115,000 October 17, 2000 $ 115.00
2970 Schilde Belgium
----------------------------------------------------------------------------------------------------------------------------
Louvre Trustees c/o The Louvre Trust Co. Ltd. 417,188 March 5, 2001 $ 417.18
Suite 7, Provident House
Havilland Street
St Peter Port Guernsey
Channel Islands GY1 2QE
----------------------------------------------------------------------------------------------------------------------------
Gilgenkrantz, Thierry Warwick House 50,000 March 5, 2001 $ 50.00
223 D Hagley Road
Oldwinsford West
Midlands DY8 2JP
----------------------------------------------------------------------------------------------------------------------------
Paget, Phillipa 2 The Coach Drive 15,000 March 5, 2001 $ 15.00
Vigo Village
Meopham Kent DA13 0SZ
----------------------------------------------------------------------------------------------------------------------------
Partown Securities Limited Euro-American Bldg. 1,779,500 March 8, 2001 $1,779.50
R G Hodge Plaza
----------------------------------------------------------------------------------------------------------------------------
NAME ADDRESS # OF SHARES DATE SALE PRICE
----------------------------------------------------------------------------------------------------------------------------
Road Town
Tortola British Virgin Islands
----------------------------------------------------------------------------------------------------------------------------
Louvre Trustees Limited as c/o The Louvre Trust Co. Ltd. 2,779,500 March 9, 2001 $2,779.50
Trustees of Shetland Sub-Trust Suite 7, Provident House
Havilland Street
St Peter Port Guernsey
Channel Islands GY1 2QE
----------------------------------------------------------------------------------------------------------------------------
Casmara Investment A.V.V. of L G Smith Blvd 160 350,000 March 9, 2001 $ 350.00
Sun Plaza Oranjestad Aruba
----------------------------------------------------------------------------------------------------------------------------
Mannouris, Tobi 105 Bronte House 25,000 March 9, 2001 $ 25.00
Poynders Garden
London SW4 8PE
----------------------------------------------------------------------------------------------------------------------------