3 1 form3wolfbauer.txt FORM 3 FOR RONALD WOLFBAUER, JR. ---------- FORM 3 ---------- U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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(f) of the Investment Company Act of 1940 ------------------------------------------------------------------------------------------------------------------------------------ 1. Name and Address of Reporting Person 2. Date of Event Requiring 4. Issuer Name and Ticker or Trading Symbol Wolfbauer, Jr. Ronald G. Statement ------------------------------------------ (Month/Day/Year) TELS Corporation/TELS (OTCBB) (Last) (First) (Middle) 9/12/02 ----------------------------------------------------------- 1750 Yankee Doodle Road, Suite 202 ---------------------------- 5. Relationship of Reporting 6.If Amendment, Date ------------------------------------------ 3. IRS or Social Security Person to Issuer of Original (Street) Number of Reporting (Check all applicable) (Month/Day/Year) Person (Voluntary) [X] Director [X] 10% Owner Eagan MN 55121 [X] Officer [ ] Other(specify 7.Individual or Joint/Group ---------------------------------------- -------------------------- (give title below) Filing (Check Applicable (City) (State) (Zip) below) Line) Chairman, President, Secretary, [X] Form filed by One and Treasurer Reporting Person [ ] Form filed by More than One Reporting Person --------------------------------------------------------------------------------------------------------------------------------- TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED ----------------------------------------------------------------------------------------------------------------------------------- 1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect (Instr. 4) Beneficially Owned Direct (D) or Beneficial (Instr. 4) Indirect (I) Ownership (Instr. 5) (Instr. 5) ----------------------------------------------------------------------------------------------------------------------------------- Common Stock, par value $0.02 5,706,800 D ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ----------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------ Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Print or Type Responses)

TELS CORP 3