X0202 4 2005-03-31 0001092283 E CENTIVES INC ECEN 0001008317 FRIEDLI PETER C/O FRIEDLI CORPORATE FINANCE AG FREIGUTSTRASSE 5 ZURICH V8 8002 SWITZERLAND 1 0 1 1 Member of 13(d) Group 0001161600 INVENTURE INC C/O FRIEDLI CORPORATE FINANCE AG FREIGUTSTRASSE 5 ZURICH V8 8002 SWITZERLAND 0 0 1 1 Member of 13(d) Group 0001161597 PINE INC C/O FRIEDLI CORPORATE FINANCE AG FREIGUTSTRASSE 5 ZURICH V8 8002 SWITZERLAND 0 0 0 1 Member of 13(d) Group 0001134883 VENTURETEC INC C/O FRIEDLI CORPORATE FINANCE AG FREIGUTSTRASSE 5 ZURICH V8 8002 SWITZERLAND 0 0 1 1 Member of 13(d) Group Series C Preferred Stock 2005-03-31 4 P 0 2739986 4.00 A Common Stock 27399869 2739986 D The shares of Series C Preferred Stock convert to common stock on a one-for-ten basis. This conversion rate is subject to adjustment in certain circumstances as provided in the Certificate of Designations providing for the terms of the Series C Preferred Stock. The shares of Seires C Preferred Stock convert to common stock at any time at the option of the holder. There is no expiration date applicable to the Series C Preferred Stock. The reporting persons are member of a 13(d) Group. InVenture, Inc. holds 1,391,514 shares of Series C Preferred Stock, Peter Friedli holds 548, 773 shares of Series C Preferred Stock, Venturetec holds 799,699 shares of Series C Preferred Stock, and Pine, Inc. holds no shares of Series C Preferred Stock. Peter Friedli, as the President of each of InVenture, Inc. and Venturetec, Inc., and as the Investment Manager of Pine, Inc., shares investment and voting power with each of those entities and may be deemed to beneficially own the shares held by such entities. Peter Friedli 2005-04-01 InVenture, Inc., by Peter Friedli, its President 2005-04-01 Pine, Inc., by Peter Friedli, its Investment Manager 2005-04-01 Venturetec, Inc., by Peter Friedli, its President 2005-04-01