4 1 ori-f4way_04012003.txt CHANGES IN BENEFICIAL OWNERSHIP FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP [_]Check this box if no longer subject to OMB APPROVAL Section 16. Form 4 or Form 5 obligations may OMB Number: 3235-0287 continue. See Instruction 1(b). Expires: January 31, 2005 Estimated average burden Act of response...0.5 hours Filed pursuant to Section 16(a) of the Securities Exchange 1934, Section 17(a) of the Public Utility Holding per Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 1. Name and Address 2. Issuer Name and Ticker 6. Relationship of Reporting Person(s) of Reporting Person* or Trading Symbol to Issuer (Check all applicable) Way, Andrew J. Ocean Resources, Inc. [X] Director [_] 10% Owner (OCRI) [_] Officer [_] Other (Last)(First)(Middle) (give title below) (specify below) 18 Fraser St., Lane Cove (Street) 3. I.R.S. 4. Statement for Month/Day/Year Identification Syndey, NSW2066 Australia Number of Reporting 03/15/03 (City)(State)(Zip) Person, if an entity (voluntary) 5. If Amendment, 7. Individual or Joint/Group Filing Date of Original (Check ApplicableLine) (Month/Day/Year) [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. Title of 2. Trans- 2A. Deemed 3. Trans- 4. Securities Acquired 5. Amount of 6. Owner- 7. Nature of Security action Execution action Code (A) or Disposed of (D) Securities ship Form: Indirect (Instr. 3) Date Date, (Instr. 8) (Instr. 3, 4 & 5) Beneficially Direct (D) Beneficial (Month/ Day/ if any Owned Follow- or Indirect Ownership Year) (Month/Day/ ing Reported (I) (Instr. 4) Year) Transactions(s) (Instr. 4) (Instr. 3 & 4) Code V Amount (A) Price or (D) Common Shares 0203/1415/03 ~~300~~50,000 DA 0 1750,~~200,005~~000 ID ~~sole~~N/A ~~owner of~~ $0.001 par ~~corporation~~ value ~~owning shares Argosy International, Ltd.~~

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). Persons who 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: Mr. Way received 50,000 shares of the Company's restricted common stock for services rendered to the Company. By: /s/ Andrew J. Way 4/1/03 -------------------------------- ------------ **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 is insufficient, See Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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