U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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
1. Name and Address of Reporting Person*
Tedesco Gina
(Last) (First) (Middle)
135 Columbia Turnpike, Suite 301
(Street)
Florham Park, NJ 07932
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
January 31, 2002
3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary)
4. Issuer Name and Ticker or Trading Symbol
Astralis Pharmaceuticals, Ltd. (ASTR)
5. Relationship of Reporting Person to Issuer (Check all applicable)
/X/ Director / / 10% Owner
/X/ Officer (give title below) / / Other (specify below)
6. If Amendment, Date of Original (Month/Day/Year)
7. Individual or Joint/Group Reporting (Check applicable line)
/X/ Form filed by One Reporting Person
/ / Form filed by More than One Reporting Person
* If the Form is filed by more than one Reporting Person, see instruction 5(b)
(v).
Table I -- Non-Derivative Securities Beneficially Owned
2. Amount of 3. Ownership 4. Nature
Securities Form: Direct of Indirect Beneficial
Beneficially (D) or Indirect(I) Ownership
Owned
1. Title of Security (Instr.4) (Instr.5) (Instr.5)
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Common Stock 0*
Table II-Derivative Securities Beneficially Owned (e.g., puts, calls,
warrants, options, convertible securities)
2. Date Exercisable
and Expiration Date 3. Title and Amount of Securities Underlying
(Month/Day/Year) Derivative Security (Instr. 4)
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1. Title of Derivative
Security (Instr. 4) Date Expiration Title Amount or Number
Exercisable Date of Shares
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4. Conversion or Exercise 5. Ownership Form of
Price of Derivative Security Derivative Security: Direct (D) or 6. Nature of Indirect
Indirect (I) (Instr. 5) Beneficial Ownership
(Instr.5)
1. Title of Derivative
Security (Instr. 4)
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Explanation of Responses:
/s/ Gina Tedesco 2/6/02
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Gina Tedesco Date
* Ms. Tedesco may be deemed to be the beneficial owner of 680,000 shares
of Common Stock owned as of February 5, 2002 by her husband, Mike
Ajnsztajn. Ms. Tedesco disclaims beneficial ownership of such shares.
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff (a).