-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FckFjCNEW44E/uCO1l1TQaKzBd8a/TBCtxygptH6eZOmI+e98lZq+MtDodHbtHBl hm+PYsI9YvFGtT43B0/DCg== 0001065949-04-000035.txt : 20040401 0001065949-04-000035.hdr.sgml : 20040401 20040401124150 ACCESSION NUMBER: 0001065949-04-000035 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040401 GROUP MEMBERS: ARLENE BELOTE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL COAL CORP CENTRAL INDEX KEY: 0001089575 STANDARD INDUSTRIAL CLASSIFICATION: BITUMINOUS COAL & LIGNITE MINING [1220] IRS NUMBER: 650601272 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-79069 FILM NUMBER: 04708589 BUSINESS ADDRESS: STREET 1: 319 EBENEZER ROAD CITY: KNOXVILLE STATE: TN ZIP: 37923 BUSINESS PHONE: 8657693749 MAIL ADDRESS: STREET 1: 319 EBENEZER ROAD CITY: KNOXVILLE STATE: TN ZIP: 37923 FORMER COMPANY: FORMER CONFORMED NAME: SOUTHERN GROUP INTERNATIONAL INC DATE OF NAME CHANGE: 19990625 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BELOTE FARRALD CENTRAL INDEX KEY: 0001258067 FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: 319 EBENEZER ROAD CITY: KNOXVILLE STATE: TN ZIP: 37923 SC 13D/A 1 beloteschedule13damend2.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A Amendment No. 2 Under the Securities Exchange Act of 1934 NATIONAL COAL CORPORATION ---------------------------------------------------------------- (Name of Issuer) Common Stock ----------------------------------------------------------------- (Title of Class of Securities) 632381 10 9 ----------------------------------------------------------------- (CUSIP Number) FARRALD BELOTE ARLENE BELOTE 2810 ROCKY WOODS DRIVE KINGWOOD, TX 77339 ----------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) March 2004 ----------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this statement because of Rule 13d-1(b)(3) or (4), check the following box: [_] *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 SCHEDULE 13D - ------------------------------------------------------------------ 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS FARRALD BELOTE ARLENE BELOTE - ------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [_] - ------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------ 4 SOURCE OF FUNDS N/A - ------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] - ------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - ------------------------------------------------------------------ 7 SOLE VOTING POWER 0 --------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY 15,574,832 - shares held jointly with spouse Arlene Belote OWNED BY ---------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON 0 WITH ---------------------------------------- 10 SHARED DISPOSITIVE POWER 15,574,832 - shares held jointly with spouse Arlene Belote - ------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 15,574,832 - shares held jointly with spouse Arlene Belote - ------------------------------------------------------------------ 12 CHECK THIS BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] - ------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 36.6% - ------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- Page 2 SCHEDULE 13D - -------------------------------------------------------------------------------- ITEM 1. SECURITY AND ISSUER Common Stock, $.0001 par value per share National Coal Corporation (formerly Southern Group International, Inc.) 319 Ebenezer Road Knoxville, TN 37923 - -------------------------------------------------------------------------------- ITEM 2. IDENTITY AND BACKGROUND 1. (a) Farrald Belote (b) 2810 Rocky Woods Drive Kingwood, TX 77339 (c) FARRALD BELOTE, age 67, Chairman and Director of National Coal Corporation, a Florida corporation. Mr. Belote has had business experience dating back to 1958 in the energy sector. He is presently CEO of Litigation Research in Houston, TX (1995-date). He is also a co-founder of Medicine Arm-In-Arm, Inc., a nonprofit children's charity that provides medical services to underprivileged children around the world. IBM Sales and Marketing, 1964-1984: emphasis on energy sector. BA, Mathematics, Texas A&M, 1958. He has been a director of National Coal Corporation, a Tennessee corporation, since January 2003, which is the operating subsidiary. (d) During the last five years the Reporting Person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) During the last five years the Reporting Person has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction nor has any final order, judgment, or decree been entered enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. (f) Citizenship: United States of America. 2. (a) Arlene Belote (b) 2810 Rocky Woods Drive Kingwood, TX 77339 (c) ARLENE BELOTE is the spouse of Farrald Belote, Chairman and Director of National Coal Corporation, a Florida corporation. (d) During the last five years the Reporting Person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) During the last five years the Reporting Person has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction nor has any final order, judgment, or decree been entered enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. (f) Citizenship: United States of America. - -------------------------------------------------------------------------------- Page 3 ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION In March 2004, 167,832 shares were issued to Farrald Belote as payment for accrued salary between October 2003 and March 2004. - -------------------------------------------------------------------------------- ITEM 4. PURPOSE OF TRANSACTION The Reporting Persons acquired the securities in payment of accrued salary as Chairman of the Company for which Reporting Person, Farrald Belote, is serving as a director. There are no plans or proposals known to the Reporting Persons which relate to or would result in: (a) The acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer; (b) An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries; (c) A sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries; (d) Any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number of term of directors or to fill any existing vacancies on the board; (e) Any material change in the present capitalization or dividend policy of the Issuer; (f) Any other material change in the Issuer's business or corporate structure including but not limited to, if the Issuer is a registered closed-end investment company, any plans or proposals to make any changes in its investment policy for which a vote is required by Section 13 of the Investment Company Act of 1940; (g) Changes in the Issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition or control of the Issuer by any person; (h) Causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter/dealer quotation system of a registered national securities association; (i) A class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or (j) Any action similar to any of those enumerated above. - -------------------------------------------------------------------------------- Page 4 ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) Aggregate number of shares owned: 15,574,832 Percent of outstanding shares owned: 36.6% Aggregate number of options owned: 0 Percent of outstanding options owned: 0% (b) Sole Power of voting for Reporting Persons: 0 Shared Power of voting for Reporting Persons: 15,574,832 (c) Transactions in securities in the past 60 days for Reporting Person: 167,832 shares which are the subject of this amendment On March 4, 2004 Reporting Persons granted an option to Jon Nix to purchase 5,000,000 shares from Reporting Persons. (d) No other person is known to have power to direct receipt of dividends from, or proceeds from sale of such securities. (e) Not applicable. - -------------------------------------------------------------------------------- ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. Not applicable. - -------------------------------------------------------------------------------- ITEM 7. MATERIAL TO BE FILED AS EXHIBITS Not applicable. - -------------------------------------------------------------------------------- SIGNATURE After reasonable inquiry and to the best of the knowledge and belief, we certify that the information as set forth in this statement is true, complete and correct. Dated: March 31, 2004 /s/Farrald Belote ______________________ Farrald Belote /s/Arlene Belote ______________________ Arlene Belote Page 5 -----END PRIVACY-ENHANCED MESSAGE-----