4 1 doc1.txt FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 CHECK THIS BOX IF NO LONGER OMB APPROVAL SUBJECT TO SECTION 16, FORM 4 OR OMB NUMBER: 3235-0287 FORM 5 OBLIGATIONS MAY CONTINUE. EXPIRES: JANUARY 31,2005 SEE INSTRUCTION 1(B) ESTIMATED AVERAGE BURDEN HOURS PER RESPONSE 0.5 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 2. ISSUER NAME AND TICKER 6. RELATIONSHIP OF REPORTING OF REPORTING PERSON* OR TRADING SYMBOL PERSON(S) TO ISSUER (CHECK ALL APPLICABLE) NOLAN, JOSEPH P. PHLO CORPORATION PHLC __ DIRECTOR X 10% OWNER ------------------------- ----------------------- ---- (LAST) (FIRST) (MIDDLE) __ OFFICER __ OTHER __________________ 503 NORTH WALNUT ROAD ------------------------- (STREET) 3. I.R.S. IDENTIFICATION 4. STATEMENT FOR NUMBER OF REPORTING MONTH/YEAR KENNETT SQUARE, PA 19348 PERSON, IF AN ENTITY MARCH, 2002 --------------------------- ------------ (CITY) (STATE) (ZIP) (VOLUNTARY) __________________ 5. IF AMENDMENT, 7. INDIVIDUAL OR JOINT/GROUP DATE OF ORIGINAL FILING (CHECK APPLICABLE LINE) (MONTH/YEAR) X FORM FILED BY ONE REPORTING --- PERSON ______________ __ FORM FILED BY MORE THAN ONE REPORTING PERSON

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 CONTROL NUMBER. FORM 4 (CONTINUED)

EXPLANATION OF RESPONSES: /s/ Joseph P. Nolan 4/10/2002 --------------------------------- ----------- SIGNATURE OF REPORTING PERSON DATE 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) INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACTS CONSTITUTE FEDERAL CRIMINAL VIOLATIONS SEE 18 U.S.C. 1001 AND 15 U.S.C. 78FF(A). FILE THREE COPIES OF THIS FORM, ONE OF WHICH MUST BE MANUALLY SIGNED. IF SPACE IS INSUFFICIENT, SEE INSTRUCTION 6 FOR PROCEDURE.

PHLO CORP 4