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FORM 4                                                                         
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                                 U.S. SECURITIES AND EXCHANGE COMMISSION
                                          WASHINGTON, DC 20549
                                       
                               STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
/ / Check box if no                                                     
    longer subject to         Filed pursuant to Section 16(a) of the Securities 
    Section 16. Form 4            Exchange Act of 1934, Section 17(a) of the 
    or Form 5 obligations         Public Utility Holding Company Act of 1935
    may continue. See              or Section 30(f) of the Investment Company
    Instruction 1(b).                           Act of 1940               

                                                                                                          
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 1. Name and Address of Reporting Person*      2. Issuer Name and Ticker or Trading Symbol   6. Relationship of Reporting Person to
Huizenga            H.             Wayne       International Alliance Services, Inc. -- "IASI"    Issuer (Check all applicable)
- ---------------------------------------------  ----------------------------------------------       Director       X 10% Owner
  (Last)          (First)          (Middle)    3. IRS or Social Security  4. Statement for      ----              ---
200 South Andrews Avenue                          Number of Reporting        Month/Year             Officer (give    Other (Specify
- ---------------------------------------------     Person (Voluntary)            12/96           ----        title ---       below)
                 (Street)                                                 ------------------                below)
Fort Lauderdale,      FL             33301                                5. If Amendment, 
- ---------------------------------------------                                Date of Original       --------------------------------
  (City)           (State)           (Zip)                                   (Month/Year)              
                                                                                             7. Individual or Joint/Group Filing
                                                                          ------------------    (Check applicable line)
                                                                                                      Form filed by one 
                                                                                                ----  Reporting Person
                                                                                                X(1)  Form filed by more than
                                                                                                ----  one Reporting Person
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                         TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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 1. Title of Security           2. Trans-   3. Transac-  4. Securities Acquired (A)  5.  Amount of Se-    6. Owner-      7. Nature  
  (Instr. 3)                       action      tion         or Disposed of (D)           curities Benefi-    ship           of In-  
                                   Date        Code         (Instr. 3, 4 and 5)          cially Owned at     Form:          direct  
                                               (Instr. 8)                                End of Month        Direct         Benefi-
                                  (Month/                                                (Instr. 3 and 4)    (D) or         cial
                                   Day/   ---------------------------------------                            Indirect       Owner- 
                                   Year)  Code    V      Amount   (A) or    Price                            (I)            ship   
                                                                  (D)                                        (Instr. 4)     (Instr.
                                                                                                                            4)     

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  Common Stock                  12/30/96          P      222,222       A    (2)              222,222             I            (3)
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  Common Stock                  12/24/96       J  V    2,000,000      (4)   N/A            2,000,000             I            (3)
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*If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.                   (Over)

                                                                               (Print or Type Response)                       (8/96)
 
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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 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price Security sion or action action Derivative cisable and of Underlying of (Instr. 3) Exercise Date Code Securities Ac- Expiration Securities Deriv- Price of (Month/ (Instr. 8) quired (A) or Date (Instr. 3 and 4) ative Deriv- Day/ Disposed of (D) (Month/Day/ Secur- ative Year) (Instr. 3, 4, Year) ity Security and 5) (Instr. 5) ----------------------------------- Date Expira- Amount or -------------------------- Exer- tion Title Number of Code V (A) (D) cisable Date Shares - ------------------------------------------------------------------------------------------------------------------------------------ Warrant (Right to Buy) $11.00 12/30/96 P 222,222 A immed. 12/30/99 Common Stock 222,222 (2) - ------------------------------------------------------------------------------------------------------------------------------------ Warrant (Right to Buy) $ 2.625 12/24/96 J V 2,000,000 (4) immed. 10/18/98 Common Stock 2,000,000 N/A - ------------------------------------------------------------------------------------------------------------------------------------ Warrant (Right to Buy) $ 3.125 12/24/96 J V 2,000,000 (4) immed. 10/18/99 Common Stock 2,000,000 N/A - ------------------------------------------------------------------------------------------------------------------------------------ Warrant (Right to Buy) $ 3.875 12/24/96 J V 2,000,000 (4) immed. 10/18/00 Common Stock 2,000,000 N/A - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Derivative 9. Number of 10. Ownership 11. Nature of Security Derivative Form of Indirect (Instr. 3) Securities Derivative Beneficial Beneficially Security: Ownership Owned at End Direct (D) (Instr. 4) of Month or Indirect (I) (Instr. 4) (Instr. 4) - ------------------------------------------------------------------------------------------------------- Warrant (Right to Buy) 222,222 I (3) - ------------------------------------------------------------------------------------------------------- Warrant (Right to Buy) 2,000,000 I (3) - ------------------------------------------------------------------------------------------------------- Warrant (Right to Buy) 2,000,000 I (3) - ------------------------------------------------------------------------------------------------------- Warrant (Right to Buy) 2,000,000 I (3) - ------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------- Explanation of Responses: (1) This Form 4 is filed jointly by H. Wayne Huizenga, Huizenga Investments Limited Partnership, a Nevada limited partnership, and Huizenga Investments, Inc., a Nevada corporation. Huizenga Investments Limited Partnership and Huizenga Investments, Inc. are located at P.O. Box 50102, Hendersen, Nevada 89106. Mr. Huizenga is the designated filer. (2) Each share of common stock was coupled with a warrant to purchase a share of common stock for an aggregate purchase price per unit of $9.00. (3) All of the shares of Common Stock and Warrants described in this Form 4 are owned by Huizenga Investments Limited Partnership. Mr. Huizenga is the sole shareholder of Huizenga Investments, Inc., which is the sole general partner of Huizenga Investments Limited Partnership. (4) Mr. Huizenga transferred these shares of Common Stock and Warrants to Huizenga Investments Limited Partnership. /s/ H. Wayne Huizenga 1/10/97 ------------------------------- ------- **Signature of Reporting Person Date H. Wayne Huizenga, individually and on behalf of the joint filers (see attached confirming statement) **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. Page 2 If space provided is insufficient, see Instruction 6 for procedure. (8/96)
3 Attachment to Form 4 Confirming Statement This Statement confirms that each of the undersigned have authorized and designated H. Wayne Huizenga to execute and file on their behalf all Forms 3, 4, and 5 (including any amendments thereto) that they may be required to file with the U.S. Securities and Exchange Commission as a result of their ownership of, or transactions in, the securities of International Alliance Services, Inc. The authority of H. Wayne Huizenga under this Statement shall continue until the undersigned are no longer required to file Forms 3, 4, and 5 with regard to their ownership of, or transactions in, securities of International Alliance Services, Inc., unless earlier revoked in writing. Each of the undersigned acknowledges that H. Wayne Huizenga is not assuming any of their responsibilities to comply with Section 16 of the Securities Exchange Act of 1934, as amended. Dated: January 10, 1997 Huizenga Investments Limited Partnership, a Nevada limited partnership By: Huizenga Investments, Inc., as general partner By: /s/ Richard C. Rochon ---------------------- Richard C. Rochon President Huizenga Investments, Inc., a Nevada corporation By: /s/ Richard C. Rochon ---------------------- Richard C. Rochon President