FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION |
OMB APPROVAL |
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OMB Number: 3235-0287 |
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__ Check this box if no longer subject toSection 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b) (Print or Type Responses) |
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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 |
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1. Name and Address of Reporting Person* |
2. Issuer Name and Ticker or Trading Symbol
Basic Technologies, Inc. (OTCBB: BTEC) |
6. Relationship of Reporting Person(s) to Issuer _X_ Director _X_ 10% Owner _X_ Officer (give title _ _ Other below) (specify below) President |
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7318 Point of Rocks Road |
3. IRS Identification Number of Reporting |
4. Month, Day and Year of Transaction |
7. If Amendment, Date of |
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(Street) Sarasota, Florida 34242 |
5. If Amendment, Date of Original (Month/Year) |
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Table 1 - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |
2. Trans- (Month /Day/ Year) |
3. Trans- Code (Instr. 8) |
4. Securities Acquired (A) or |
5. Amount of of Month (Instr. 3 and 4) |
6. Ownership Indirect (I) (Instr. 4) |
7. Nature of Indirect (Instr. 4) |
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Code |
Amount |
(A) or |
Price |
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Common Stock |
05/01/03 |
S |
12,265,144 |
A |
Services |
26,357,619 |
D |
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700,000 | I | Spouse* | ||||||||||||
*Reporting person disclaims beneficial ownership. |
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 4(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 II - Derivative Securities Acquired, Disposed of, of Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Securities |
2.Conver- |
3. Trans- (Month Day/ Year) |
4. Trans- (Instr. 8) |
5. Number of Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) |
6. Date Exercis- Date (Month/Day/ Year) |
7. Title and Amount of (Instr. 3 and 4) |
8. Price of Deriva- 5) |
9.Number of
Derivative |
10. Own- |
11. Nature ofIndirect Benefi- cial Owner- ship (Instr. 4) |
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Date |
Expira- |
Title |
Amount or |
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Code |
V |
(A) |
(D) |
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Explanation of Responses:
/s/
Gary L. Brown
May 2, 2003
Signature of Reporting
Person
Date
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations **Signature of Reporting Person Date
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient,
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.
Page 2
SEC 1472 (7-97)