---------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION ------------------------------ FORM 4 Washington, DC. 20549 OMB APPROVAL ---------------- ------------------------------ STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OMB Number 3235-0287 [ ] Check this box if no longer Expires: January 31, 2005 subject to Section 16. Form 4 Estimated average burden or Form 5 obligations may hours per response.........0.5 continue. See Instruction 1(b). ------------------------------ 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* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) Augustine Fund, LP NuWay Energy, Inc. (LACI) ----------------------------------------- -------------------------------------------- Director X 10% Owner (Last) (First) (Middle) 3. I.R.S. Identification 4. Statement for --- --- Number of Reporting Month/Year Officer (give Other (specify Person, if an entity --- title below) --- below) (Voluntary) August 2002 141 W. Jackson, Suite 2182 ----------------------- ----------------------------------------- ----------------- ----------------------------------------- (Street) 5. If Amendment, 7. Individual or Joint/Group Filing Date of (Check Applicable Line) Original Chicago, IL 60604 (Month/Year) Form filed by One Reporting Person ----------------------------------------- --- (City) (State) (Zip) X Form filed by More than One --- Reporting Person ----------------------------------------- ------------------------ ----------------- ----------------------------------------- Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned ========================================= ======================================================================================== 6. 4. 5. Owner- 2. 3. Securities Acquired Amount of ship Trans- Trans- (A) or Disposed of (D) Securities Form: 7. action action (Instr. 3, 4 and 5) Beneficially Direct Nature of Date Code ----------------------- Owned at End (D) or Indirect 1. (Month/ (Instr. 8) (A) of Month Indirect Beneficial Title of Security Day/ ---------- Amount or Price (Instr. 3 (I) Ownership (Instr. 3) Year) Code V (D) and 4) (Instr.4) (Instr. 4) ----------------------------------------- ------- ---------- ----------------------- ------------ --------- ------------ Common Stock 12/7/00 C 764,571 A $1.75 D ----------------------------------------- ------- ---------- ----------------------- ------------ --------- ------------ Common Stock 12/7/00 C 302,857 A $1.75 D(1) ----------------------------------------- ------- ---------- ----------------------- ------------ --------- ------------ Common Stock 12/7/00 C 30,286 A $1.75 1,622,520 D(2) ----------------------------------------- ------- ---------- ----------------------- ------------ --------- ------------ ----------------------------------------- ------- ---------- ----------------------- ------------ --------- ------------ ----------------------------------------- ------- ---------- ----------------------- ------------ --------- ------------ ----------------------------------------- ------- ---------- ----------------------- ------------ --------- ------------ ----------------------------------------- ------- ---------- ----------------------- ------------ --------- ------------ ==================================================================================================================================== 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). (Over) SEC 1474 Form 4 (continued) Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ==================================================================================================================================== 10. 9. Owner- Number ship of Form 2. Deriv- of Conver- 5. 7. ative Deriv- 11. sion Number of Title and Amount Secur- ative Nature or Derivative 6. of Underlying 8. ities Secur- of Exer- 4. Securities Date Securities Price Bene- ity: In- cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene- 1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner- Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship Security Secur- Day/ ------ ------------- Exer- tion of (Instr. (Instr. (Instr. (Instr (Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4) -------------- ------- ------- ------- ------------- ------- ------- -------- --------- -------- -------- ------- ------ 6% Convertible Common Debentures $1.75 6/12/01 X $800,000 Immed. 6/13/01 Stock 764,571 $800,000 0 D -------------- ------- ------- ------- ------------- ------- ------- -------- --------- -------- -------- ------- ------ 6% Convertible Common Debentures $1.75 6/12/01 X $500,000 Immed. 6/13/01 Stock 302,857 $500,000 0 D(1) -------------- ------- ------- ------- ------------- ------- ------- -------- --------- -------- -------- ------- ------ 6% Convertible Common Debentures $1.75 6/12/01 X $50,000 Immed. 6/13/01 Stock 30,286 $50,000 0 D(2) -------------- ------- ------- ------- ------------- ------- ------- -------- --------- -------- -------- ------- ------ Warrant to Buy Common Common Stock $1.75 2/21/02 J(3) 1,500,000 Immed. Stock 1,500,000 (4) 0 I(3) -------------- ------- ------- ------- ------------- ------- ------- -------- --------- -------- -------- ------- ------ -------------- ------- ------- ------- ------------- ------- ------- -------- --------- -------- -------- ------- ------ -------------- ------- ------- ------- ------------- ------- ------- -------- --------- -------- -------- ------- ------ -------------- ------- ------- ------- ------------- ------- ------- -------- --------- -------- -------- ------- ------ ==================================================================================================================================== Explanation of Responses: (1) Beneficially owned solely by Brian Porter. (2) Beneficially owned solely by David M. Matteson. (3) Cancelled without value received. (4) Received by a related party to the joint filers from the Issuer in exchange for services rendered. Augustine Fund, LP by Augustine Capital Management, LLC, general partner by John T. Porter, President **Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). /s/ John Porter August 22, 2002 ---------------------------------- ----------------- ** Signature of Reporting Person Date Note: File three copies of this Form, one of which must be manually signed. If space 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 2 FORM 4 (CONTINUED) Additional Reporting Persons ------------------------------------------------------------ Additional Reporting Person and Address: Each of the following additional filers is a general partner, officer or director of Augustine Fund, L.P., and may be deemed to have a pecuniary interest in the shares of Common Stock and the Debentures and Warrants beneficially owned by Augustine Fund, L.P. ------------------------------------------------------------ Augustine Capital Management, LLC 141 W. Jackson, Suite 2182 Chicago, IL 60604 ------------------------------------------------------------ John T. Porter 141 W. Jackson, Suite 2182 Chicago, IL 60604 ------------------------------------------------------------ Brian D. Porter 141 W. Jackson, Suite 2182 Chicago, IL 60604 ------------------------------------------------------------ Thomas Duszynski 141 W. Jackson, Suite 2182 Chicago, IL 60604 ------------------------------------------------------------ David M. Matteson 141 W. Jackson, Suite 2182 Chicago, IL 60604 ------------------------------------------------------------ Signatures of Additional Reporting Persons: Dated August 22, 2002 AUGUSTINE CAPITAL MANAGEMENT, LLC /s/ John T. Porter John T. Porter, President of general partner /s/ John T. Porter John T. Porter /s/ Brian D. Porter Brian D. Porter /s/ Thomas Duszynski Thomas Duszynski /s/ David M. Matteson David M. Matteson Potential persons who are to respond to the collection of Page 2 information contained in this form are not required to respond unless the form displays a currently valid OMB Number.