X0202 4 2004-07-22 0 0001085220 SBS INTERACTIVE CO SBSSE.OB 0001289872 Cohn Arthur GELLERTSTRASSE 18 BASEL, SWITZERLAND V8 4052 SWITZERLAND 0 0 1 0 Common Stock 2004-07-22 4 J 0 7313333 A 11054444 D The Reporting Person and the Issuer agreed to settle certain claims of the Reporting Person in connection with the acquisition of Issuer securities by the Reporting Person on March 17, 2004. In connection with the settlement of such claims, the Issuer agreed to issue the shares reported above to the Reporting Person. /s/ Arthur Cohn 2004-07-23