4 1 b315155_4.txt FORM 4 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 /X/ 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* Frieling John B. (Last) (First) (Middle) c/o Deerfield Capital 20 North Main Street, Suite 120 (Street) Sherborn, MA 01770 (City) (State) (Zip) 2. Issuer Name and Ticker or Trading Symbol Aquis Communications Group, Inc. AQIS.OB 3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary) 4. Statement for Month/Year 11/01 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) /X/ Director /X/ 10% Owner /X/ Officer (give title below) / / Other (specify below) Chief Executive Officer 7. Individual or Joint/Group Reporting (Check Applicable Line) /X/ Form filed by One Reporting Person / / Form filed by More than One Reporting Person * If the form is filed by more than one reporting person, see instruction 4(b)(v).

Explanation of Responses: * The total number of underlying securities presented in Item 7 vested as follows: 50% on 11/21/01 and 25,000 per month thereafter until fully vested. ** Aquis Communications Group, Inc. Common Stock /s/ John B. Frieling December 10, 2001 --------------------------------------- -------------------------- **Signature of Reporting Person Date John B. Frieling ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

FRIELING JOHN B 4