4 1 form_four.txt FORM 4 BY WILLIAM TAY FORM 4 / / Check this box if no longer OMB APPROVAL subject to Section 16, OMB NUMBER: 3235-0287 Form 4 or Form 5 EXPIRES: DECEMBER 31, 2001 obligations may continue. ESTIMATED AVERAGE BURDEN See Instruction 1(b) HOURS PER RESPONSE 0.5 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 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 (Print or Type Responses) 1. Name and Address of Reporting Person* Tay William (Last) (First) (Middle) 1422 Chestnut Street, Suite #410, 4th Floor (Street) Philadelphia PA 19102 (City) (State) (Zip) 2. Issuer Name and Ticker or Trading Symbol Discovery Capital Funding Corporation (Not trading) 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Year 03/01 5. If Amendment, Date of Original (Month/Year) n/a 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) ( ) Director ( X ) 10% Owner ( ) Officer (give title below) ( X ) Other (specify below) Former Officer and Director. 7. Individual or Joint/Group Filing (Check Applicable Line) ( X ) Form filed by One Reporting Person ( ) Form filed by More than One Reporting Person Page 1

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Explanation of Responses: ------------------------- (1) The shares were cancelled as a result of an acquisition transaction for BiLogic, Inc. by the Issuer. (2) The shares are owned by DotCom Internet Ventures Ltd. William Tay is the control person of DotCom Internet Ventures Ltd. /s/ William Tay March 19, 2001 -------------------------------- ---------------------- ** Signature of Reporting Person Date ** 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. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. Page 3

DISCOVERY CAPITAL FUNDING CORP 4