UNITED STATES 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 (Print or Type Responses) 1. Name and Address of Reporting Person* Baker R. Phillip (Last) (First) (Middle) 2. Issuer Name and Ticker or Trading Symbol Alternate Marketing Networks, Inc. (ALTM) 6. Relationship of Reporting Persons to Issuer (Check all applicable) X Director __ 10% Owner _ Officer (give title below) Other (specify below) 901 Appalachian Trail (Street) 3. I.R.S. Identification Number of Reporting Person, If An Entity (Voluntary) 4. Statement for Month/Day/Year January 24, 2003 San Marcos TX 78666 (City) (State) (Zip) 5. If Amendment, Date of Original (Month/Day/Year) 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. Title of Security (Instr. 3) 2. Transaction Date (Month/ Day/Year) 2A. Deemed Execution Date, if any (Month/ Day/Year) 3. Trans- action Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock, par value $0.01 per share 01/24/03 P V 2,500 A $0.50 D 01/24/03 P V 2,500 A $0.51 11,000 D Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over) * If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v). SEC 1474 (7-96) Form 4 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conver- sion or Exercise Price of Deriv- ative Security 3. Trans- action Date (Month/ Day/ Year) 3A. Deemed Execu- tion Date, if any (Month/ Day/ Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Securities: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares None Explanation of Responses: ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ R. Phillip Baker 1/24/03 See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Name: R. Phillip Baker Date Note: File three copies of this Form, one of which must be manually signed. **Signature of Reporting Person 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. D-1055104.1 Page 1 of 2 Page 2 of 2