UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL 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 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
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. |
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. Conversion 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) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
WHITNEY RUSSELL A WHITNEY INFORMATION NETWORK, INC. 1612 E. CAPE CORAL PARKWAY CAPE CORAL, FL 33904 |
 X |  X |  Chairman of the Board |  |
/s/ Russell A. Whitney | 05/22/2008 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | On August 18, 1998, the Reporting Person acquired beneficial ownership of 6,580,000 shares of common stock of the issuer (the "Common Stock") pursuant to the Agreement Concerning the Exchange of Common Stock Between Gimmel Enterprises, Inc. and Ernest Mathias, Jr. and WIN Systems, Inc. and the Stockholders of WIN Systems, Inc., dated as of August 18, 1998 (the "WIN Merger Agreement"). Pursuant to the WIN Merger Agreement, the Reporting Person contributed 97.48 shares of common stock of WIN Systems, Inc. to Gimmel Enterprises, Inc. in exchange for 6,580,000 shares of the Common Stock. The shares of the Common Stock reported herein were held by Russell A. Whitney and Ingrid Whitney as tenants by the entireties. |
 Remarks: This Form 3/A amends the Form 3 filed by the Reporting Person on November 15, 1999 (the "Original Form 3"), which incorrectly reported the Number of Securities beneficially owned directly by the Reporting Person and the date of the event requiring the Original Form 3 filing. |