Farkas Group Inc. – ‘3’ for 10/4/99 re: I Incubator Com Inc.

As of:  Monday, 12/4/00   ·   For:  10/4/99   ·   Accession #:  1046532-0-262   ·   File #:  0-26951

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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           3±    12K 
                Securities by an Insider                                         


UNITED STATES SECURITIES AND EXCHANGE COMMISSION                        
WASHINGTON, D.C. 20549                          
<P>                                                                             
FORM 3                          
<P>                                                                             
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES                     
<P>                                                                             
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                       
<P>                                                                             
(Print of Type Response)                                                        
-----------------------------------------------------------                     
1. Name and Address of Reporting Person                                         
<P>                                                                             
The Farkas Group, Inc.                      
7221 Brickell Avenue, Suite 900             
Miami, Florida 33131                        
<P>                                                                             
2. Date of Event Requiring Statement (Month/Day/Year)                           
<P>                                                                             
10/04/99                                
<P>                                                                             
3. IRS or Social Security Number of Reporting Person                            
(Voluntary)                             
<P>                                                                             
4. Issuer Name and Ticker or Trading Symbol                                     
<P>                                                                             
i-Incubator.com, Inc. (ICBT)(formerly known as Master                   
Communication Corp.)                                                    
<P>                                                                             
5. Relationship of Reporting Person to Issuer (Check all                        
applicable)                                                               
<P>                                                                             
( )Director (X) 10% Owner ( ) Officer (give title below)                    
( ) Other(specify below)                                                    
<P>                                                                             
6. If Amendment, Date of Original (Month/Day/Year)                              
<P>                                                                             
Not Applicable                            
<P>                                                                             
7. Individual or Joint/Group Filing (Check Applicable Line)                     
(X) Form filed by One Reporting Person                                    
( ) Form filed by More than One Reporting Person                          
<P>                                                                             
-----------------------------------------------------------                     
Table I -- Non-Derivative Securities Beneficially Owned                       
-----------------------------------------------------------                     
<P>                                                                             
                                                        [Enlarge/Download Table]
                                                                                         
1. Title of Security 2. Amount of Securities 3. Ownership Form  4. Nature of Indirect    
   (Instr. 4)           Beneficial Owned        Direct (D) or      Beneficial Ownership  
                        Instr. 4                Indirect (I)       Instr. 5              
                                                Instr. 5                                 
<P>                                                                                      
Common stock,                                                                            
$.0001 par value        3,300,000                Indirect          Michael D. Farkas,    
<P>                     (As of 10/4/99, 1,100,000                  as the President and  
                         shares held; prior to 3                   sole shareholder of   
                         for 1 forward stock split                 The Farkas Group, Inc.
                         undertaken on 11/11/99)                                         

Reminder:  Report on a separate line for each class of                          
securities  beneficially owned directly or indirectly. SEC                      
1473 (7-96)                                                                     
<P>                                                                             
*    If form is  filed  by more  than  one  reporting                           
person,  see  Instruction 5(b)(v).                                              
<P>                                                                             
Form 3 (continued)                      
<P>                                                                             
Table II - Derivative Securities Beneficially Owned (e.g.,                      
puts, calls, warrants, options, convertible securities)                         
-----------------------------------------------------------                     
<P>                                                                             
                                                        [Enlarge/Download Table]
                                                                                          
1.Title of Derivative 2. Date Exer-  3. Title and 4. Conversion  5. Ownership 6. Nature of
  Securit                cisable and    Amount of    or Exercise    Form of      Indirect 
  Instr. 4               Expiration     Securities   Price of       Derivative  Beneficial
                         Date           Underlying   Derivative     Security:    Ownership
                         Month/Date/    Derivative                  Direct or    Instr. 5 
                         Year           Security                    Indirect              
                                        Instr. 4                    Instr. 5              
                    ----------------   ----------   ------------                          
                       Date Expiration                Amount of                           
                         Exer-  Date     Title        Number of                           
                         cisable                      Shares                              
------------------------------------------------------------------------------------------
<P>                                                                                       
        None                                                                              
<P>                                                                                       

Explanation of Responses:  None                                                 
<P>                                                                             
By: /s/ Michael D. Farkas               November 17, 2000                       
--------------------------------         ---------------                        
Michael D. Farkas, President          Date                      
<P>                                                                             
** Intentional  misstatements or omissions of facts                             
constitute  Federal Criminal Violations. See 18 U.S.C. 1001                     
and 15 U.S.C. 78ff(a).                                                          
<P>                                                                             
Note: File three copies of this Form,  one of which must be                     
manually  signed.                                                   
If space provided is insufficient, see Instruction 6                
for procedure.                                                      
<P>                                                                             
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.                                                                         
<P>                                                                             

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘3’ Filing		Date		Other Filings
Filed on:		12/4/00		3,  SC 13D
		11/17/00
For Period end:		10/4/99		3,  3/A
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