Systemax Inc. – ‘3’ for 5/12/00 re: Data Fit Inc.

As of:  Monday, 5/22/00   ·   For:  5/12/00   ·   Accession #:  899681-0-208   ·   File #:  0-27685

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Initial Statement of Beneficial Ownership of Securities by an Insider   —   Form 3   —   SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 3           Initial Statement of Beneficial Ownership of           2     14K 
                Securities by an Insider                                         

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 3         INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES          

 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

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(Print or Type Responses)                                                                                                           
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1.Name and Address of    2. Date of Event Re-             4.Issuer Name AND Ticker or Trading Symbol                                
  Reporting Person*         quiring Statement                                                                                       
                            (Month/Day/Year)                      Bidhit.com, Inc. (BIDH)                                           
 Systemax Inc.                                            --------------------------------------------------------------------------
-------------------------     5/12/00                     5. Relationship of Reporting Person(s)  6. If Amendment, Date of          
(Last)  (First)  (Middle)                                    to Issuer  (Check all applicable)       Original (Month/Day/Year)      

                                                                                                 ---------------------------------- 
22 Harbor Park Drive    3. IRS Identification               __ Director        X  10% Owner      7. Individual or Joint/Group Filing
------------------------   Number of                        __ Officer         __ Other             (Check Applicable Line)         
   (Street)                Reporting Person,                   (give title        (specify                                          
                           if an enity                         below              title below)     _X_  Form filed by One           
                           (Voluntary)                                                                  Reporting Person            
                                                              Chief Executive Officer              ___  Form filed by More          
 Port Washington, NY     11050                                                                          than One Reporting Person   
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(City)        (State)    (Zip)                                                                                                      
                                                 TABLE I - NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED                             
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1. Title of Security      2. Amount of Securities  3. Ownership Form: Direct (D)       4. Nature(of Indirect Beneficial Ownership   
    (Instr. 4)               Beneficially Owned       or Indirect (I)                      (Instr. 5)                               
                             (Instr. 4)               (Instr. 5)                                                                    
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Common Stock                 5,391,523                    D                                                                         
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    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 5(b)(v).                                              

                               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.                              

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 FORM 3 (CONTINUED)                 TABLE II-- DERIVATIVE SECURITIES BENEFICIALLY OWNED                                            
                                               (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)                      

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1. Title of Derivative   2. Date Exer-       3. Title and Amount of    4. Conver-    5.Owner-     6.  Nature of Indirect Beneficial
   Security (Instr. 4)      cisable and         Securities Underlying     sion or      ship           Ownership (Instr. 5)         
                            Expiration          Derivative Security       Exercise     Form                                        
                            Date                (Instr. 4)                Price of     of                                          
                           (Month/Day/Year)                               Deri-        Deriv-                                      
                           -----------------------------------------      vative       ative                                       
                           Date      Expira-     Title     Amount or      Security     Security:                                   
                           Exer-     tion                  Number of                   Direct                                      
                           cisable   Date                  Shares                      (D) or                                      
                                                                                       Indirect (I)                                
                                                                                       (Instr. 5)                                  

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$200,000 Convertible Note*  5/12/00  5/12/01   Common Stock  172,413       $1.16          D                                        
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Explanation of Responses:                                                                                                          

* On May 12, 2000 Systemax purchased at face value a one year $200,000 note issued by Bidhit, bearing interest                     
at 9% per annum non-compounded payable at maturity. The note is convertible at any time by Systemax into                           
common shares of Bidhit and such note must be converted into common shares upon the closing by Bidhit of a                         
financing in an amount of at least $2.8 million within six months of the closing. The conversion price is                          
$1.16 per share, subject to standard adjustments. Accordingly, as of the date of issuance, such note was                           
convertible into 172,413 shares, which amount will increase by approximately 42 1/2 shares per day with                            
respect to accrued interest. The note may be prepaid.                                                                              

                                                                                     SYSTEMAX INC.                                 

**  Intentional misstatements or omissions of facts constitute Federal Criminal  By: /s/ Curt Rush                       5/22/00   
    Violations.                                                                     ---------------------------------   ---------- 
                                                                                    Name and Title: Curt Rush            Date      
                                                                                                    Secretary                      
    See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).                                       ** Signature of Reporting Person               

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.                                                                                                                  

Dates Referenced Herein   and   Documents Incorporated by Reference

				Referenced-On Page
This ‘3’ Filing		Date		First		Last			Other Filings
		12/31/01		1					10-K
Filed on:		5/22/00							10QSB,  SC 13D
For Period end:		5/12/00		2					8-K
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