U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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(f) of the Investment Company Act of 1940 -------------------------------------------------------------------------------- 1. Name and Address of Reporting Person* RUTSTEIN, C. LAWRENCE -------------------------------------------------------------------------------- (Last) (First) (Middle) 7000 W. Palmetto Park Road, Suite 501 -------------------------------------------------------------------------------- (Street) Boca Ratan, Florida 33433 -------------------------------------------------------------------------------- (City) (State) (Zip) iiGroup, Inc. (IIGR) -------------------------------------------------------------------------------- 2. Issuer Name and Ticker or Trading Symbol -------------------------------------------------------------------------------- 3. IRS Identification Number of Reporting Person, if an Entity (Voluntary) 06/00 -------------------------------------------------------------------------------- 4. Statement for Month/Year -------------------------------------------------------------------------------- 5. If Amendment, Date of Original (Month/Year) -------------------------------------------------------------------------------- 6. Relationship of Reporting Person to Issuer (Check all applicable) [X] Director [X] 10% Owner [X] Officer (give title below) [ ] Other (specify below) Vice Chairman -------------------------------------------------------------------------------- 7. Individual or Joint/Group Filing (Check applicable line) [X] Form Filed by 1 Reporting Person [ ] Form Filed by More than 1 Reporting Person

(1) Held jointly with Mr. Rutstein's wife, Ronna Rutstein. (2) Represents Mr. Rutstein's proportionate interest in 3,100,006 shares of the Issuer's common stock held by MCG Partners, Inc., of which Mr. Rutstein is an officer and principal shareholder. Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

(1) MCG Partners, Inc., of which Mr. Rutstein is an officer and principal stockholder, converted $25,000 principal amount of notes, together with accrued interest of $1,028, into 52,054 shares of common stock, 18,218 of which shares are held by Mr. Rutstein directly. Explanation of Responses: /s/ C. Lawrence Rutstein October 23, 2000 ----------------------------------------- ------------------------------- C. Lawrence Rutstein Date **Signature of Reporting Person **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 provided is insufficient, see Instruction 6 for procedure.

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