3 1 cagnazzi_f3-032602.txt ------------------------------ OMB APPROVAL ------------------------------ OMB Number 3235-0104 Expires: 12-31-2001 Estimated average burden hours per response ........0.5 ------------------------------ U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 3 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(f) of the Investment Company Act of 1940 ________________________________________________________________________________ 1. Name and Address of Reporting Person* Cagnazzi Stephen V ________________________________________________________________________________ (Last) (First) (Middle) 65 Enterprise ________________________________________________________________________________ (Street) Aliso Viejo CA 92656 ________________________________________________________________________________ (City) (State) (Zip) ________________________________________________________________________________ 2. Date of Event Requiring Statement (Month/Day/Year) 03-26-02 ________________________________________________________________________________ 3. IRS Identification Number of Reporting Person, if an Entity (Voluntary) ________________________________________________________________________________ 4. Issuer Name and Ticker or Trading Symbol Myrient, Inc. "MYNT" ________________________________________________________________________________ 5. Relationship of Reporting Person to Issuer (Check all applicable) [X] Director [ ] 10% Owner [ ] Officer (give title below) [ ] Other (specify below) ------------------------------------- ________________________________________________________________________________ 6. If Amendment, Date of Original (Month/Day/Year) ________________________________________________________________________________ 7. Individual or Joint/Group Filing (Check applicable line) [X] Form filed by One Reporting Person [_] Form filed by More than One Reporting Person ================================================================================ Table I -- Non-Derivative Securities Beneficially Owned ================================================================================

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over) SEC 1473 (3-99) FORM 3 (continued) Table II -- Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ================================================================================

Explanation of Responses: (1) Promissory note convertible into common stock with an outstanding balance of $400,000.00 as of 3/26/02. (2) The number of shares varies based on the conversion price and is calculated by dividing the share price into the amount being converted. (3) The conversion price will be fifteen percent (15%) below the lowest closing trading price during the fifteen (15) days previous to the conversion date, but will be no lower than fifteen percent (15%) below the lowest closing trading price during the seven (7) days previous to the closing price of the effective date. /S/ Stephen V. Cagnazzi April 9, 2002 --------------------------------------------- ----------------------- **Signature of Reporting Person Date STEPHEN V. CAGNAZZI ** 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. Page 2

MYRIENT INC 3