Form 4 - 03/10/01

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

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person ~~Edward~~Leon ~~L. Bache Sr.~~Kline c/o ~~First~~Tidalwave ~~American~~Holdings ~~Mortgage Securities,~~ Inc. ~~601~~1831 ~~Cleveland~~N.E. ~~Street,~~45th ~~3rd Floor~~Street ~~Clearwater~~Ft. Lauderdale, FL ~~33755~~33308

2. Issuer Name and Ticker or Trading Symbol

Tidalwave Holdings Inc. (TDWV)

3. I.R.S. Identification Number of Reporting Person, if an Entity (Voluntary)

4. Statement for Month/Year ~~December~~March ~~2000 - January~~ 2001

5. If Amendment, Date of Original (Month/Year)

6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [X] Director [ ] 10% Owner [X] Officer (give title below) [ ] Other (specify below)

~~Managing~~CEO, ~~Director~~President, Treasurer

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 Acquired, Disposed of, or Beneficially Owned ===================================================================================== 1. 2. 3. 4. Title of Security Transaction Date Transaction Code Securities Acquired (A) (Instr. 3) (Month/day/year) (Instr. 8) or Disposed of (D) ----------------- (Instr. 3,4, and 5) Code V ----------------------- (A) Amount or Price (D) --------------------------------------------------------------------------------------- Common Stock 02/07/01 J(1) 5,000 D $0.080 Common Stock 02/09/01 J(1) ~~324~~5,~~675~~000 AD $0.~~077~~085 Common Stock 02/28/01 J(1) 5,000 D $0.080 5. 6. 7. Amount of Securities Ownership Form: Nature of Indirect Beneficially Owned Direct (D) or Beneficial Ownership At End of Month Indirect (I) (Instr. 4) Instr. 3 and 4 (Instr. 4) --------------------------------------------------------------------------------------- 251,~~339~~421,~~675~~972 D N/A

=========================================================== 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 4(b)(v). ===========================================================

=========================================================== Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ===========================================================

1. 2. 3. 4. 5. Title of Conversion Transaction Transaction Number of Derivative Derivative or Exercise Date (Month/ Code Securities Acquired (A) Security Price of Day/Year) (Instr. 8) or Disposed of (D) (Instr. 3) Derivative -------------- (Instr. 3, 4, and 5) Security Code V ---------------------- (A) (D) -----------------------------------------------------------------------------------------

6. 7. 8. Date Exercisable Title and Amount Price of Derivative and Expiration Date of Underlying Security (Instr. 5) (Month/Day/Year) Securities ------------------- (Instr. 3 and 4) Date Expiration ------------------- Exercisable Date Title Amount Or Number Of shares --------------------------------------------------------------------------

~~Convertible ** 12/14/00 J~~=========================================================== Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (~~2) A~~e.g., puts, calls, warrants, options, convertible ~~Preferred~~securities) Cont. ===========================================================

9. 10. 11. Number of Securities Ownership Form Nature of Indirect Beneficially Owned of Derivative Security: Beneficial Ownership at End of Month Direct (D) or Indirect (I) (Instr. 4) (Instr. 4) (Instr. 4) -----------------------------------------------------------------------------------

~~Present None Common 7~~=========================================================== Explanation of Responses: (1) The Reporting Person sold 15,~~256,250~~000 shares on common stock ~~Stock~~of the Issuer through a broker on the open market. ===========================================================

** No cost; conversion = one share of Preferred Stock entitles holder to one share of Common Stock. =========================================================== Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) Cont. ===========================================================

7,256,250 D

=========================================================== Explanation of Responses: (1) The Reporting Person received 324,675 common shares of the Issuer pursuant to an Employment Agreement entered into on January 1, 2001 (2) The Reporting Person received 7,256,250 convertible preferred shares of the Issuer as part of a stock purchase agreement between the Issuer and First American Mortgage Securities, Inc., signed on October 27, 2000. ===========================================================

SIGNATURE OF REPORTING PERSON

/s/ ~~EDWARD~~LEON ~~L. BACHE SR.~~KLINE ------------------------------ Date: ~~February~~March 810, 2001

** 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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