FORM 4
[ ] Check box if no longer
subject to Section 16. U.S. SECURITIES AND EXCHANGE COMMISSION
Form 4 or Form 5 WASHINGTON, D.C. 20549
obligations may continue. STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
See Instruction 1(b).
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 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person
(Check all applicable)
Sales Online Direct, Inc.
PAID
Director X 10% Owner
----------------------------------------------- --- ---
Stengel Marc L. 3. IRS or Social Security 4. Statement for --- Officer (give --- Other
------------------------------------------ Number of Reporting Month/Year title below) (specify
(Last) (First) (Middle) Person (Voluntary) below)
Chairman and Possible
3743 Birch Lane June 2001 Deemed Member of Group*
------------------------------------------ ------------------ ---------------------------
(Street) 5. If Amendment, 7. Individual or Joint/Group
Date of Original Filing (Check Applicable
(Month/Year) Line)
Owings Mills MD 21117 X Form filed by One
------------------------------------------ -- Reporting Person
(City) (State) (Zip)
Form filed by More than One
-- Reporting Person
-----------------------------------------------------------------------------------------------------------------------------------
Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
-----------------------------------------------------------------------------------------------------------------------------------
1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired 5. Amount of 6. Owner- 7. Nature
(Instr. 3) action action (A) or Disposed of Securities ship of In-
Common Stock, Par Date Code (D) (Instr. 3, 4 Beneficially Form: direct
Value $0.001 Per (Month/ (Instr. 8) and 5) Owned at Direct Bene-
Share Day/ End of (D) or ficial
Year) Month Indirect Owner-
(Instr. 3 (I) ship
and 4) (Instr. 4) (Instr. 4)
10,172,119 Not
Applicable
----------------------------------------------
Code V Amount (A) or Price
(D)
-----------------------------------------------------------------------------------------------------------------------------------
June 1, 2001 Rule J 9,000 D $0.040 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 39,000 D 0.041 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 73,000 D 0.045 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 4,000 D 0.046 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Page 1 of 5
-----------------------------------------------------------------------------------------------------------------------------------
June 4, 2001 Rule J 15,000 D 0.049 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 69,000 D 0.050 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 10,000 D 0.052 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 16,000 D 0.060 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 20,000 D 0.065 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 10,000 D 0.070 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
June 5, 2001 Rule J 79,000 D 0.050 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 66,000 D 0.055 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
June 6, 2001 Rule J 5,000 D 0.035 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 5,000 D 0.045 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 4,000 D 0.046 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 5,000 D 0.048 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 1,000 D 0.049 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 80,000 D 0.050 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 35,000 D 0.055 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
June 7, 2001 Rule J 8,000 D 0.046 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 55,000 D 0.051 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 27,000 D 0.052 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 5,000 D 0.0525 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 25,000 D 0.055 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
June 8, 2001 Rule J 30,000 D 0.046 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 65,000 D 0.049 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Page 2 of 5
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 10,000 D 0.050 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
June 11, 2001 Rule J 6,000 D 0.044 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 5,000 D 0.045 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 4,000 D 0.046 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 26,000 D 0.047 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 5,000 D 0.048 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 55,000 D 0.050 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 5,000 D 0.057 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
June 12, 2001 Rule J 45,000 D 0.044 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 10,000 D 0.052 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
June 13, 2001 Rule J 15,000 D 0.044 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 54,000 D 0.045 D
144(K)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 5,000 D 0.050 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 6,000 D 0.055 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
June 14, 2001 Rule J 20,000 D 0.042 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 45,000 D 0.045 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
June 15, 2001 Rule J 79,000 D 0.041 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 66,000 D 0.042 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
June 18, 2001 Rule J 29,000 D 0.036 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 15,000 D 0.040 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 41,000 D 0.041 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 23,000 D 0.042 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Page 3 of 5
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 5,000 D 0.044 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
June 19, 2001 Rule J 69,000 D 0.037 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 40,000 D 0.038 D
144K
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 20,000 D 0.040 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 24,000 D 0.041 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
June 20, 2001 Rule J 60,000 D 0.034 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 49,000 D 0.035 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 20,000 D 0.037 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 1,000 D 0.038 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
June 21, 2001 Rule J 15,000 D 0.032 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 31,000 D 0.034 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 40,000 D 0.035 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 5,000 D 0.041 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
June 22, 2001 Rule J 20,000 D 0.028 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 20,000 D 0.029 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 20,000 D 0.030 D
144(k)
-----------------------------------------------------------------------------------------------------------------------------------
Rule J 20,000 D` 0.031 D
144(k)
===================================================================================================================================
If the form is filed by more than reporting person, see Instruction 4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Page 4 of 5
(Print or Type Responses) SEC 1474(7-96)
FORM 4 (continued) Table II -- Derivative Securities
Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
------------------------------------------------------------------------------------------------------------------------------------
1. Title of 2. Conver- 3. Trans- 4. Transac- 5. Number 6. Date 7. Title and 8. Price 9. Number 10. Owner- 11. Nature
Deriv- sion or action tion of Exer- Amount of of of ship of In-
ative Exercise Date Code Deriv- cisable Underlying Deriv- Deriv- Form direct
Security Price of (Instr. ative and Securities ative ative of Bene-
(Instr. Deriv- (Month/ 8) Securi- Expira- (Instr. 3 Secur- Secur- Deriv- ficial
3) ative Day/ ties tion and 4) ity Ities ative Owner-
Secur- Year) Acquired Date (Instr. Bene- Secur- ship
ity (A) or (Month/ 5) Ficially ity: (Instr.
Disposed Day/ Owned Direct 4)
of (D) Year) at End (D) or
(Instr. of MOnth Indirect
3, 4, (Instr. (I)
and 5) 4) (Instr.
4)
-------------------------------------
Amount
Date Expira- or
Exer- tion Number
cisable Date Title of
Shares
-----------------------
Code V (A) (D)
------------ ------------ ---------- ----- ----- ----- ------ --------- ------- ------- -------- ---------- ----------- ------------
------------ ------------ ---------- ----- ----- ----- ------ --------- ------- ------- -------- ---------- ----------- ------------
------------ ------------ ---------- ----- ----- ----- ------ --------- ------- ------- -------- ---------- ----------- ------------
------------ ------------ ---------- ----- ----- ----- ------ --------- ------- ------- -------- ---------- ----------- ------------
------------ ------------ ---------- ----- ----- ----- ------ --------- ------- ------- -------- ---------- ----------- ------------
------------ ------------ ---------- ----- ----- ----- ------ --------- ------- ------- -------- ---------- ----------- ------------
If the form is filed by more than reporting person, see Instruction 4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Explanation of Responses:
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ Marc L. Stengel July 10, 2001
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). **Signature of Date
Reporting Person
Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient,
see Instruction 6 for procedure.
Page 5 of 5