0000912057-01-535103.txt : 20011019 0000912057-01-535103.hdr.sgml : 20011019 ACCESSION NUMBER: 0000912057-01-535103 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20011011 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GMX RESOURCES INC CENTRAL INDEX KEY: 0001127342 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 731534474 STATE OF INCORPORATION: OK FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-62077 FILM NUMBER: 1756735 BUSINESS ADDRESS: STREET 1: ONE BENHAM PLACE STREET 2: SUITE 600 CITY: OKLAHOMA CITY STATE: OK ZIP: 73114 BUSINESS PHONE: 4056000711 MAIL ADDRESS: STREET 1: ONE BENHAM PLACE STREET 2: SUITE 600 CITY: OKLAHOMA CITY STATE: OK ZIP: 73114 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: NEWTON WILLIAM CENTRAL INDEX KEY: 0001130187 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 5300 N. PRINCE PL. CITY: JACKSON HOLE STATE: WY ZIP: 83001-9260 BUSINESS PHONE: 3077391566 MAIL ADDRESS: STREET 1: 5300 N. PRINCE PL. CITY: JACKSON HOLE STATE: WY ZIP: 83001-9260 SC 13G 1 a2060852zsc13g.txt SCHEDULE 13G --------------------------- OMB APPROVAL --------------------------- OMB Number: 3235-0145 --------------------------- Expires: October 31, 2002 --------------------------- Estimated average burden hours per response.....14.9 --------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 Initial Filing GMX RESOURCES INC. -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, .001 par value -------------------------------------------------------------------------------- (Title of Class of Securities) 38011M108 ---------------------------------- (CUSIP Number) 6/21/01 -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: / / Rule 13d-1(b) /X/ Rule 13d-1(c) / / Rule 13d-1(d) *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 the disclosures provided in a prior cover page. The information required in 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). CUSIP No. 38011M108 ------------------------------------------------------------------------------- (1) Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). William C. Newton Gloria A. Newton ------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) / / of a Group (See Instructions) (b) /X/ Husband/Wife ------------------------------------------------------------------------------- (3) SEC Use Only ------------------------------------------------------------------------------- (4) Citizenship or Place of Organization United States of America ------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power Beneficially W. Newton = 545,000 Owned by -------------------------------------------------- Each Reporting (6) Shared Voting Power Person With: W. Newton = 300,000 G. Newton = 300,000 -------------------------------------------------- (7) Sole Dispositive Power W. Newton = 545,000 -------------------------------------------------- (8) Shared Dispositive Power W. Newton = 300,000 G. Newton = 300,000 ------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned by Each Reporting Person W. Newton = 845,000(1) G. Newton = 845,000(1) ------------------------------------------------------------------------------- (10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) / / ------------------------------------------------------------------------------- (11) Percent of Class Represented by Amount in Row (9) W. Newton = 12.46%(2) G. Newton = 12.46%(2) ------------------------------------------------------------------------------- (12) Type of Reporting Person (See Instructions) W. Newton = IN G. Newton = IN ------------------------------------------------------------------------------- (1) Includes 230,000 shares of Common Stock that may be acquired upon the exercise of warrants. (2) Assumes, pursuant to Rule 13d-3(d)(1)(i) under the Act, that there are 6,780,000 shares of the Stock outstanding. ITEM 1. (a) Name of Issuer GMX RESOURCES INC --------------------------------------------------------------------- (b) Address of Issuer's Principal Executive Offices ONE BENHAM PLACE 9400 NORTH BROADWAY, SUITE 600 OKLAHOMA CITY, OK 73114 --------------------------------------------------------------------- ITEM 2. (a) Name of Person Filing William C. Newton, Gloria A. Newton --------------------------------------------------------------------- (b) Address of Principal Business Office or, if none, Residence c/o NOTWEN CORPORATION 660 EAST BROADWAY Jackson Hole, Wyoming 83001 --------------------------------------------------------------------- (c) Citizenship United States of America --------------------------------------------------------------------- (d) Title of Class of Securities Common Stock, .001 par value --------------------------------------------------------------------- (e) CUSIP Number 38011M108 --------------------------------------------------------------------- ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SECTIONS 240.13d-1(b) OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: Not Applicable ITEM 4. OWNERSHIP Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: W. Newton = 845,000(1) G. Newton = 845,000(1) --------------------------------------------------------------------------- (b) Percent of class: W. Newton = 12.46%(2) G. Newton = 12.46%(2) --------------------------------------------------------------------------- (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote W. Newton = 545,000 ----------------------------------------------------------------- (ii) Shared power to vote or to direct the vote W. Newton = 300,000 G. Newton = 300,000 ----------------------------------------------------------------- (iii) Sole power to dispose or to direct the disposition of W. Newton = 545,000 ----------------------------------------------------------------- (iv) Shared power to dispose or to direct the disposition of W. Newton = 300,000 G. Newton = 300,000 ----------------------------------------------------------------- ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS Not Applicable ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON Not Applicable ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY Not Applicable ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP Not Applicable ITEM 9. NOTICE OF DISSOLUTION OF GROUP Not Applicable (1) Includes 230,000 shares of Common Stock that may be acquired upon the exercise of warrants. (2) Assumes, pursuant to Rule 13d-3(d)(1)(i) under the Act, that there are 6,780,000 shares of the Stock outstanding. ITEM 10. CERTIFICATION By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. 10/10/01 ---------------------------------------- Date /s/ WILLIAM C. NEWTON ---------------------------------------- Signature William C. Newton ---------------------------------------- Name/Title