|
FORM 3
|
UNITED
STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
OMB APPROVAL
|
|
(Print or Type Responses) |
OMB Number: 3235-0104
Expires: January 31, 2005 Estimated average burden hours per response. . . . . .0.5 |
|
1. Name and Address of Reporting Person *
Gowell, Robert (Last) (First) (Middle) |
2. Date of Event
Requiring Statement (Month/Day/Year) Various |
4. Issuer Name Digital Descriptor Systems, Inc. and Ticker or Trading Symbol DDSI |
|
|
446 Lincoln Highway
|
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary) |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director
10% Owner Officer (give title below)
Other (specify below)
Chief Executive Officer |
6. If Amendment, Date of Original (Month/Day/Year) |
|
(Street) Fairless Hills, PA 19030 |
7. Individual or Joint/Group
Filing (Check Applicable Line) Form filed by One Reporting Person Form filed by More than One Reporting Person |
||
|
(City)
(State) (Zip) |
|||
|
Table I - Non-Derivative Securities Beneficially Owned
|
||||||||
| 1. Title of Security
(Instr. 4) |
2. Amount of Securities Beneficially Owned (Instr. 4) |
3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) |
4. Nature of Indirect Beneficial Ownership (Instr. 5) |
|||||
| Common Stock | 96,300 | D | ||||||
| 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). | (Over) | |
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Control number. | |||
| Form 3 (continued) |
Table
II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) |
||||||
| 1. Title of Derivative Security (Instr. 4) |
2. Date
Exercisable and Expiration Date (Month/Day/Year) |
3. Title and
Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conver- sion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr.5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
||
| Date Exercisable |
Expiration Date |
Title | Amount or Number of Shares | ||||
| Explanation of Responses: |
|
|
| /s/ Robert Gowell | December 11, 2002 | ||
| ** Signature of Reporting Person | Date |
| ** | Intentional
misstatements or omissions of facts constitute Federal Criminal Violations. 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. |
Page 2 | |