5 1 eps2002form5.txt FORM 5 - EPSTEIN 2002 ------------------------------ OMB APPROVAL ------------------------------ OMB Number: 3235-0362 Expires: January 31, 2005 Estimated average burden hours per response.........1.0 ------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 5 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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(h) of the Investment Company Act of 1940 |_| Check box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |X| Form 3 Holdings Reported |X| Form 4 Transactions Reported ________________________________________________________________________________ 1. Name and Address of Reporting Person* Epstein Richard -------------------------------------------------------------------------------- (Last) (First) (Middle) -------------------------------------------------------------------------------- (Street) -------------------------------------------------------------------------------- (City) (State) (Zip) ________________________________________________________________________________ 2. Issuer Name and Ticker or Trading Symbol eConnect (ECNT) ________________________________________________________________________________ 3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary) ________________________________________________________________________________ 4. Statement for Month/Year 12/31/02 ________________________________________________________________________________ 5. If Amendment, Date of Original (Month/Year) ________________________________________________________________________________ 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) |_| Director |X| 10% Owner |_| Officer (give title below) |_| Other (specify below) ____________________________________________________________________ ________________________________________________________________________________ 7. Individual or Joint/Group Filing (check applicable line) |_| Form filed by One Reporting Person |X| Form filed by More than One Reporting Person ________________________________________________________________________________ ================================================================================ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned ================================================================================
5. 6. 4. Amount of Owner- Securities Acquired (A) or Securities ship 2A. 3. Disposed of (D) Beneficially Form: 7. 2. Deemed Transaction (Instr. 3, 4 and 5) Owned Direct Nature of Trans- Execution Code ------------------------------- at the End (D) or Indirect 1. action Date, if (Instr. 8) (A) of Issuer's Indirect Beneficial Title of Security Date any ------------ or Fiscal Year (I) Ownership (Instr. 3) (mm/dd/yy) (mm/dd/yy) Amount (D) Price (Instr. 3 & 4) (Instr.4) (Instr.4) ------------------------------------------------------------------------------------------------------------------------------------ COMMON 1/2/02 S 651,000 D .0357 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 1/4/02 S 966,000 D .0400 D ----------------------------------------------------------------------------------------------------------------------------------- COMMON 1/7/02 S 2,010,000 D .0451 D ----------------------------------------------------------------------------------------------------------------------------------- COMMON 1/8/02 S 240,000 D .0417 D ----------------------------------------------------------------------------------------------------------------------------------- COMMON 1/9/02 S 400,000 D .0407 D ----------------------------------------------------------------------------------------------------------------------------------- COMMON 1/10/02 S 680,000 D .0400 D ----------------------------------------------------------------------------------------------------------------------------------- COMMON 1/14/02 S 655,000 D .0369 D ----------------------------------------------------------------------------------------------------------------------------------- Page 1 of 12 FORM 5 (CONTINUED) Table 1-- Non-derivative Securities Acquired, Disposed Of, or Beneficially Owned ------------------------------------------------------------------------------------------------------------------------------------ COMMON 1/15/02 S 1,105,000 D .0348 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 1/16/02 S 1,160,000 D .0295 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 1/17/02 S 895,000 D .0289 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 1/18/02 S 925,000 D .0316 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 1/22/02 S 670,000 D .0308 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 1/23/02 S 585,000 D .0299 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 1/24/02 S 940,000 D .0305 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 1/25/02 S 955,000 D .0318 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 1/28/02 S 351,200 D .0310 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 1/29/02 S 990,000 D .0298 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 1/30/02 S 530,000 D .0294 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 1/31/02 S 545,000 D .0287 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 2/1/02 S 775,000 D .0289 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 2/4/02 S 250,000 D .0297 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 2/5/02 S 555,000 D .0257 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 2/6/02 S 950,000 D .0268 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 2/7/02 S 515,000 D .0263 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 2/8/02 S 525,000 D .0262 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 2/12/02 S 300,000 D .0280 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 2/12/02 S 150,000 D .0263 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 2/14/02 S 225,000 D .0246 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 2/15/02 S 295,000 D .0225 D ------------------------------------------------------------------------------------------------------------------------------------ Page 2 of 12 FORM 5 (CONTINUED) Table 1-- Non-derivative Securities Acquired, Disposed Of, or Beneficially Owned ------------------------------------------------------------------------------------------------------------------------------------ COMMON 2/15/02 S 625,000 D .0207 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 2/19/02 S 525,000 D .0200 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 2/19/02 P 20,000,000 A .01 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 2/19/02 P 30,000,000 A .01 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 2/20/02 S 250,000 D .0207 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 2/21/02 S 515,000 D .0200 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 2/22/02 S 675,749 D .0200 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 2/29/02 S 310,000 D .0201 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 2/26/02 S 1,000,000 D .0196 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 2/27/02 P 20,519,521 A .009 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 2/27/02 S 1,184,000 D .0228 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 2/28/02 S 250,000 D .0230 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 3/1/02 S 825,000 D .0202 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 3/4/02 S 625,000 D .0208 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 3/5/02 S 150,000 D .0203 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 3/6/02 S 100,000 D .0215 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 3/7/02 S 1,160,000 D .0203 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 3/8/02 S 1,350,000 D .0206 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 3/11/02 S 1,370,000 D .0210 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 3/13/03 S 625,000 D .0192 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 3/14/03 S 1,630,000 D .0220 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 3/15/03 S 2,005,000 D .0241 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 3/18/03 S 900,000 D .0267 D ------------------------------------------------------------------------------------------------------------------------------------ Page 3 of 12 FORM 5 (CONTINUED) Table 1-- Non-derivative Securities Acquired, Disposed Of, or Beneficially Owned ------------------------------------------------------------------------------------------------------------------------------------ COMMON 3/19/03 S 815,000 D .0258 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 3/20/03 S 550,000 D .0240 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 3/21/02 S 1,250,000 D .0223 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 3/22/02 S 500,000 D .0209 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 3/25/02 S 505,000 D .0207 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 3/26/02 S 734,000 D .0201 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 3/27/02 S 500,000 D .0203 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 3/28/02 S 2,620,000 D .0217 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 4/1/02 S 565,000 D .0211 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 4/2/02 P 40,519,521 A .009 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 4/2/02 S 1,400,000 D .0217 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 4/8/02 S 630,000 D .0196 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 4/3/02 S 510,000 D .0200 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 4/4/02 S 1,300,000 D .0192 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 4/5/02 S 700,000 D .0198 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 4/8/02 S 630,000 D .0196 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 4/10/02 S 390,000 D .0200 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 4/11/02 S 1,150,000 D .0196 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 4/12/02 S 550,000 D .0190 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 4/15/02 S 955,000 D .0193 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 4/16/02 S 750,000 D .0185 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 4/17/02 S 150,000 D .0194 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 4/18/02 S 400,000 D .0188 D ------------------------------------------------------------------------------------------------------------------------------------ Page 4 of 12 FORM 5 (CONTINUED) Table 1-- Non-derivative Securities Acquired, Disposed Of, or Beneficially Owned ------------------------------------------------------------------------------------------------------------------------------------ COMMON 4/23/02 S 225,000 D .0160 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 4/24/02 S 530,000 D .0173 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 4/25/02 S 250,000 D .0171 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 4/26/02 S 1,493,000 D .0141 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 4/29/02 S 750,000 D .0137 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 4/30/02 S 516,000 D .0136 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 5/1/02 S 620,000 D .0135 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 5/3/02 S 1,000,000 D .0131 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 5/3/02 S 2,000,000 D .0131 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 5/6/02 S 1,060,000 D .0145 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 5/7/02 S 650,000 D .0134 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 5/8/02 S 2,020,000 D .0122 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 5/9/02 S 1,100,000 D .0120 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 5/10/02 S 482,000 D .0103 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 5/14/02 S 550,000 D .0108 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 5/15/02 S 650,000 D .0107 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 5/15/02 S 650,000 D .0107 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 5/16/02 S 1,400,000 D .0114 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 5/20/02 S 2,000,000 D .0097 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 5/20/02 S 200,000 D .0100 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 5/21/02 S 1,250,000 D .0097 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 5/22/02 S 995,000 D .0097 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 5/24/02 S 870,000 D .0100 D ------------------------------------------------------------------------------------------------------------------------------------ Page 5 of 12 FORM 5 (CONTINUED) Table 1-- Non-derivative Securities Acquired, Disposed Of, or Beneficially Owned ------------------------------------------------------------------------------------------------------------------------------------ COMMON 5/28/02 S 1,492,000 D .0108 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 5/28/02 S 1,298,000 D .0108 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 5/29/02 S 565,000 D .0114 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 5/30/02 S 750,000 D .0115 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 5/31/02 S 910,000 D .0097 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 6/3/02 S 1,700,000 D .0092 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 6/4/02 S 1,100,000 D .0082 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 6/4/02 S 725,000 D .0089 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 6/5/02 S 1,000,000 D .0084 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 6/5/02 S 750,000 D .0084 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 6/7/02 S 1,110,000 D .0079 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 6/7/02 S 650,000 D .0083 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 6/7/02 P 10,500,000 A .0059 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 6/10/02 S 917,000 D .0086 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 6/11/02 S 1,750,000 D .0086 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 6/12/02 S 750,000 D .0084 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 6/13/02 S 3,378,000 D .0066 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 6/14/02 S 495,000 D .0063 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 6/14/02 S 1,105,000 D .0063 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 6/17/02 S 1,335,000 D .0067 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 6/18/02 S 1,800,000 D .0065 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 6/19/02 P 29,964,242 A .00956 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 6/19/02 S 1,770,000 D .0068 D ------------------------------------------------------------------------------------------------------------------------------------ Page 6 of 12 FORM 5 (CONTINUED) Table 1-- Non-derivative Securities Acquired, Disposed Of, or Beneficially Owned ------------------------------------------------------------------------------------------------------------------------------------ COMMON 6/21/02 S 1,650,000 D .0066 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 6/25/02 S 410,000 D .0066 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 6/20/02 P 29,946,363 A .00956 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 6/26/02 S 800,000 D .0040 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 6/26/02 S 2,200,000 D .0027 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 6/27/02 S 3,710,000 D .0026 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 6/28/02 S 2,110,000 D .0037 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 7/1/02 S 867,000 D .0040 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 7/2/02 S 2,710,000 D .0042 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 7/3/02 S 1,000,000 D .0037 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 7/5/02 S 1,840,000 D .0037 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 7/8/02 S 1,405,000 D .0041 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 7/9/02 S 2,638,000 D .0045 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 7/10/02 S 7,515,000 D .0075 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 7/11/02 S 2,450,111 D .0093 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 7/11/02 S 2,749,889 D .0093 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 7/12/02 S 9,030,000 D .0160 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 7/15/02 S 5,000,000 D .0270 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 7/16/02 S 4,850,000 D .0212 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 7/17/02 S 3,935,000 D .0124 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 7/18/02 S 9,375,000 D .0092 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 7/19/02 S 6,150,000 D .0114 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 8/2/02 X 30,000,000 A 0.2 D ------------------------------------------------------------------------------------------------------------------------------------ Page 7 of 12 FORM 5 (CONTINUED) Table 1-- Non-derivative Securities Acquired, Disposed Of, or Beneficially Owned ------------------------------------------------------------------------------------------------------------------------------------ COMMON 8/14/02 S 332,000 D .0550 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 8/15/02 S 260,000 D .0496 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 8/08/02 S 408,700 D .100 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 8/16/02 S 79,700 D .0446 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 8/19/02 S 130,000 D .0487 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 8/20/02 S 58,000 D .0384 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 8/21/02 S 17,500 D .0332 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 8/22/02 S 144,500 D .0187 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 8/23/02 S 50,000 D .0224 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 8/26/02 S 185,000 D .0248 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 8/27/02 S 275,000 D .0238 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 8/28/02 S 150,000 D .0208 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 8/29/02 S 220,000 D .0298 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 8/30/02 S 212,000 D .0222 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 9/3/02 S 515,000 D .0195 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 9/4/02 S 275,000 D .0195 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 9/9/02 S 700,000 D .0107 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 9/10/02 S 285,000 D .0108 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 9/11/02 S 350,000 D .0107 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 9/2/02 S 725,000 D .0109 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 9/13/02 S 100,000 D .0107 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 9/19/02 S 100,000 D .015 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 9/20/02 S 307,000 D .0099 D ------------------------------------------------------------------------------------------------------------------------------------ Page 8 of 12 FORM 5 (CONTINUED) Table 1-- Non-derivative Securities Acquired, Disposed Of, or Beneficially Owned ------------------------------------------------------------------------------------------------------------------------------------ COMMON 9/23/02 S 300,000 D .0099 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 9/24/02 S 400,000 D .0099 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 9/25/02 S 402,000 D .0102 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 9/26/02 S 300,000 D .01 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 9/27/02 S 1,137,500 D .0096 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 9/30/02 S 107,900 D .0097 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 10/03/02 S 395,000 D .0077 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 10/08/02 S 95,000 D .0076 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 10/09/02 S 100,000 D .01 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 10/16/02 S 200,000 D .0064 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 10/17/02 S 500,000 D .0068 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 10/17/02 S 300,000 D .0068 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 10/18/02 S 124,000 D .0064 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 10/21/02 S 525,000 D .0071 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 10/24/02 S 1,000,000 D .0059 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 10/25/02 S 780,000 D .006 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 10/28/02 S 600,000 D .0057 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 10/29/02 S 250,000 D .0063 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 10/30/02 S 400,000 D .0058 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 11/1/02 S 1,300,000 D .006 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 11/6/02 S 400,000 D .0067 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 11/8/02 S 150,000 D .0067 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 11/12/02 S 350,000 D .0068 D ------------------------------------------------------------------------------------------------------------------------------------ Page 9 of 12 FORM 5 (CONTINUED) Table 1-- Non-derivative Securities Acquired, Disposed Of, or Beneficially Owned ------------------------------------------------------------------------------------------------------------------------------------ COMMON 11/13/02 S 400,000 D .0068 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 11/14/02 S 1,200,000 D .0086 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 11/14/02 S 100,000 D .009 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 11/15/02 P 5,000 A .0085 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 11/22/02 S 627,000 D .0062 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 11/25/02 S 50,000 D .0075 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 11/26/02 S 850,000 D .0066 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 12/02/02 S 1,000,000 D .0066 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 12/09/02 S 700,000 D .0063 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 12/12/02 S 250,000 D .0068 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 12/13/02 S 600,000 D .0063 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 12/24/02 S 500,000 D .0059 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 12/26/02 S 500,000 D .0058 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON 12/27/02 S 500,000 D .0059 D ------------------------------------------------------------------------------------------------------------------------------------ 17,688,437 ====================================================================================================================================
* If the form is filed by more than one reporting person, see instruction 4(b)(v). Page 10 of 12 FORM 5 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ================================================================================
10. 9. Owner- Number ship 2. of of Conver- 5. 7. Deriv- Deriv- 11. sion Number of Title and Amount ative ative Nature or Derivative 6. of Underlying 8. Secur- Secur- of Exer- 3A. 4. Securities Date Securities Price ities ity: In- cise Deemed Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of Bene- Direct direct Price 3. Execut- action or Disposed Expiration Date ---------------- Deriv- ficially (D) or Bene- 1. of Trans- ion Code of(D) (Month/Day/Year) Amount ative Owned In- ficial Title of Deriv- action Date if (Instr. (Instr. 3, ---------------- or Secur- at End direct Owner- Derivative ative Date any 8) 4 and 5) Date Expira- Number ity of Year (I) ship Security Secur- (mm/dd/ (mm/dd/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr. (Instr. 3) ity yy) yy) (A) (D) cisable Date Title Shares 5) 4) 4) 4) ------------------------------------------------------------------------------------------------------------------------------------ Obligation .02 7/29/02 J(1) 60,000 Immed. COMMON .02 30,000,000(2) D ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================
Explanation of Responses: /s/ Richard Epstein 4/17/03 --------------------------------------------- ----------------------- **Signature of Reporting Person Date ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. 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 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 currently valid OMB Number. ------------------- 1 eConnect incurred the obligation to deliver the 60,000,000 shares on 7/29/02. 2 eConnect delivered 30,000,000 shares on 8/2/02. In a letter dated October 22, 2002, eConnect stated the remaining 30,000,000 shares would be delivered over a period of six months at 5,000,000 shares per month. None of these shares have been received as of 12/31/02. Page 11 of 12 FORM 5 (CONTINUED) OTHER REPORTING ENTITY: ALLIANCE EQUITIES, INC. IRS ID#: 65-0733456 Page 12 of 12