X0201 4 2003-12-18 0 0000725876 GATEWAY INDUSTRIES INC /DE/ GWAY.OB 0001242439 ULLMAN GARY W 590 MADISON AVENUE, 32ND FLOOR NEW YORK NY 10022 1 0 0 0 Stock Option (Right to Buy) 1.1500 2003-12-18 4 A 0 2000 0 A 2004-12-18 2011-12-18 Common Stock, $.001 Par Value 2000.00 2000.00 D /s/ Ullman, Gary W. 2004-01-06