3 1 form3sdwfeb122003.htm MAIN DOCUMENT SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549


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

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1. Name and Address of Reporting Person*
Wong, Stanley D.

2. Date of Event
    Requiring Statement
   (Month/Day/Year)


    February 12, 2003


4. Issuer Name and Ticker or Trading Symbol




Entheos Technologies, Inc.   (ETHO)


 

6. If Amendment, Date of
   Original (Month/Day/Year)


(Last)                      (First)                      (Middle)


Suite 216 – 1628 West 1st Avenue

(Street)


Vancouver, British Columbia, V6J 1G1

3. I.R.S. Identification
    Number of Reporting
    Person, if an entity
    (voluntary)

5. Relationship of Reporting Person(s) to Issuer

(Check all applicable)


       X          Director                10% Owner
       X           Officer                 Other

Officer/Other          President
Description           

7. Individual or Joint/Group
    Filing (Check Applicable Line)

X   Individual Filing
     Joint/Group Filing

(City)                      (State)                      (Zip)


Table I - Non-Derivative Securities Beneficially Owned


1. Title of Security
   (Instr. 4)

2. Amount of Securities Beneficially Owned
    (Instr. 4)

3. Ownership Form :
    (D) Direct
    (I) Indirect     (Instr. 5)

4. Nature of Beneficial Ownership
    (Instr. 5)

Common Stock

440

D

 
    
    


Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)


1. Title of Derivative Security
    (Instr. 4)

2. Date Exercisable(DE) and Expiration Date(ED) (Month/Day/Year)

3. Title and Amount of of Underlying Security
    (Instr. 4)

4. Conversion or
    Exercise Price

5. Ownership
    Form
    (D) Direct
    or
    (I) Indirect
    (Instr. 5)

6. Nature of Indirect
    Beneficial Ownership
    (Instr. 5)

Date Exercisable

Expiration date

Title

Amount or Number of Shares


Stock Options (1)

 


February 11, 2013


Common Stock


5,000

 

D

  

       

  


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

Explanation of Responses:

(1) On February 10th, 2003, 5,000 stock options, with an exercise price of $0.51 per share, being the most recent closing price of Entheos Technologies on January 24th, 2003, were established for Mr. Stanley D. Wong, with terms and conditions, such as expiration dates and vesting periods being defined and agreed upon in an individual stock option agreement at a later date. On February 11th, 2003, the Company’s Board of Directors agreed to enter into a 10 year NonStatutory Stock Option Agreement, covering 5000 options at $0.51 per share, which shall become exercisable in two equal installments of fifty percent (50%), with the first installment becoming exercisable February 11th, 2003, and the balance becoming exercisable on August 11th, 2003.


* If the form is filed by more than one reporting person, see Instruction 5(b)(v).


** 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 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.


  

/s/ Stanley D. Wong              February 12, 2003

** Signature of Reporting Person                             Date