UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
| Global Axcess Corp. |
(Name of issuer)
| Common Stock, $0.001 par value |
(Title of class of securities)
| 37941L206 |
(CUSIP number)
| January 11, 2012 |
(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).
SCHEDULE 13G
| CUSIP No. 37941L206 | Page 2 of 5 Pages |
| (1) | Names of reporting persons
Bradley Louis Radoff | |||||
| (2) | Check the appropriate box if a member of a group (see instructions) (a) ¨ (b) ¨
| |||||
| (3) | SEC use only
| |||||
| (4) | Citizenship or place of organization
United States of America | |||||
| Number of shares beneficially owned by each reporting person with: |
(5) |
Sole voting power
1,200,000 | ||||
| (6) |
Shared voting power
0 | |||||
| (7) |
Sole dispositive power
1,200,000 | |||||
| (8) |
Shared dispositive power
0 | |||||
| (9) |
Aggregate amount beneficially owned by each reporting person
1,200,000 | |||||
| (10) |
Check if the aggregate amount in Row (9) excludes certain shares (see instructions) ¨
| |||||
| (11) |
Percent of class represented by amount in Row (9)
5.3% | |||||
| (12) |
Type of reporting person (see instructions)
IN | |||||
Page 3 of 5 Pages
SCHEDULE 13G
This Schedule 13G (this “Schedule 13G”) is being filed on behalf of Bradley Louis Radoff relating to the Common Stock, $0.001 par value (the “Common Stock”), of Global Axcess Corp., a Nevada corporation (the “Issuer”), purchased by Mr. Radoff.
| Item 1(a) | Name of Issuer. |
Global Axcess Corp.
| Item 1(b) | Address of Issuer’s Principal Executive Offices. |
7800 Belfort Parkway, Suite 165
Jacksonville, Florida 32256
| Item 2(a) | Name of Person Filing. |
Mr. Bradley Louis Radoff
| Item 2(b) | Address of Principal Business Office, or, if none, Residence |
1177 West Loop South
Suite 1625
Houston, Texas 77027
| Item 2(c) | Place of Organization. |
Mr. Radoff is a U.S. citizen.
| Item 2(d) | Title of Class of Securities. |
Common Stock, $0.001 par value (the “Common Stock”)
| Item 2(e) | CUSIP Number. |
37941L206
| Item 3 | Reporting Person. |
The person filing is not listed in Items 3(a) through 3(j).
| Item 4 | Ownership. |
| (a) | Mr. Radoff is the beneficial owner of 1,200,000 shares of Common Stock. |
Page 4 of 5 Pages
| (b) | Mr. Radoff beneficially owns 1,200,000 shares of Common Stock, which represents approximately 5.3% of the shares of Common Stock issued and outstanding. This percentage is determined by dividing the number of shares beneficially held by Mr. Radoff by 22,702,977, the number of shares of Common Stock issued and outstanding as of November 23, 2011, as reported in the Issuer’s Form 10-Q/A filed with the Securities and Exchange Commission on November 23, 2011. |
| (c) | Mr. Radoff may direct the vote and disposition of 1,200,000 shares of Common Stock. |
| Item 5 | Ownership of Five Percent or Less of a Class. |
Inapplicable.
| Item 6 | Ownership of More Than Five Percent on Behalf of Another Person. |
Inapplicable.
| Item 7 | Identification and Classification of the Subsidiary which Acquired the Security Being Reported On by the Parent Holding Company. |
Inapplicable.
| Item 8 | Identification and Classification of Members of the Group. |
Inapplicable.
| Item 9 | Notice of Dissolution of Group. |
Inapplicable.
| 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.
Page 5 of 5 Pages
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.
Date: January 12, 2012
| /s/ Bradley Louis Radoff |
| Bradley Louis Radoff |