X0201 42003-03-07 0001044434 SYNDICATED FOOD SERVICE INTERNATIONAL INC SYFS 0001264544 BEASLEY CHARLES A 4863 W. VERNAL PIKE BLOOMINGTON, IN 47404 1100SecretaryCommon Stock2003-08-294A0229358A688074DCommon Stock Warrants (Right to Buy).252003-03-074A0200000A2003-03-072008-03-07Common Stock200000200000DThe shares were part of the consideration for the reporting person's agreement to forbear from declaring the Issuer in default on a $1,266,420 promissory note delivered in connection with the Company's original acquisition of real property and two subsidiaries from the reporting person. The shares received have an approximate value of $.01 per share.Warrants were granted by the Issuer to each director, including the reporting person, and do not have a purchase price.Charles A. Beasley2003-10-07