-------------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION ------------------------------
FORM 3 WASHINGTON, D.C. 20549 OMB APPROVAL
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INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES OMB NUMBER: 3235-0104
EXPIRES: JANUARY 31, 2005
Filed pursuant to Section 16(a) of the ESTIMATED AVERAGE BURDEN
Securities Exchange Act of 1934, Section 17(a) HOURS PER RESPONSE.........0.5
of the Public Utility Holding Company Act ------------------------------
of 1935 or Section 30(h) of the
Investment Company Act of 1940
(Print or Type Responses)
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1. Name and Address of Reporting Person* 2. Date of Event 4. Issuer Name AND Ticker or Trading Symbol
Requiring Statement
Lipetz Eric D (Month/Day/Year) NUWAVE Technologies, Inc. (WAVE)
12/20/2002
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(Last) (First) (Middle) 3. IRS Identification 5. Relationship of Reporting 6. If Amendment,
Number of Reporting Person to Issuer Date of Original
82 Canterbury Road Person, if an (Check all applicable) (Month/Day/Year)
entity (Voluntary)
X Director 10% Owner
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(Street) Officer Other 7. Individual or Joint/
--- (give title --- (specify Group Filing
Chatham NJ 07928 below) below) (Check Applicable Line)
X Form filed by
----------------------- ---- One Reporting
-------------------------------------------------------------------------------------------------------- Person
(City) (State) (Zip) Form filed by
---- More than One
Reporting Person
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TABLE 1-- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
1. Title of Security 2. Amount of 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Securities Direct (D) or Beneficial Ownership
Beneficially Owned Indirect (I) (Instr. 5)
(Instr. 4) (Instr. 5)
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NONE
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
PERSONS WHO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED IN THIS FORM (Over)
ARE NOT REQUIED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER. SEC 1473 (7-02)
FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative 2. Date 3. Title and Amount of 4. Conversion 5. Ownership 6. Nature of
Security (Instr. 4) Exercisable Securities Underlying or Exercise Form of Indirect
and Derivative Security Price of Derivative Beneficial
Expiration (Instr. 4) Derivative Security: Ownership
Date Security Direct (D) (Instr. 5)
or
(Month/Day/Year) Indirect (I)
(Instr. 5)
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Date Expiration Title Amount or
Exercisable Date Number of
Shares
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NONE
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Explanation of Responses:
/s/ Eric D. Lipetz 12/20/02
** Intentional misstatements or omissions of facts constitute ------------------------------------ ---------------
Federal Criminal Violations. **Signature of Reporting Person Date
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.
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