X0202 3 2004-01-21 0 0001052257 CIRCLE GROUP HOLDINGS INC CXN 0001294585 Orlowsky Alan G C/O CIRCLE GROUP HOLDINGS, INC. 1011 CAMPUS DRIVE MUDELEIN IL 60060 1 0 0 0 Common Stock 18900 D Common Stock 3850 I By children Option to Acquire 4.61 2004-03-01 2007-03-01 Common Stock 25000 D Option to Acquire 2.30 2004-01-08 2007-01-18 Common Stock 45000 D /s/ Alan G. Orlowsky 2004-12-06