Paxton Energy, Inc.
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(Name of Issuer)
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COMMON STOCK, PAR VALUE $0.001 PER SHARE
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(Title of Class of Securities)
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70423P 30 4
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(CUSIP Number)
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Charles Volk Family Revocable Trust
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295 Highway 50, Suite 2
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Lake Village Professional Building
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Stateline, NV 89449
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Tel: (775) 588-2390
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(Name, Address and Telephone Number of Person
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Authorized to Receive Notices and Communications)
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With Copies To:
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Richard A. Friedman, Esq.
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Sichenzia Ross Friedman Ference LLP
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61 Broadway, 32nd Floor
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New York, New York 10006
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Tel: (212) 930-9700
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Fax: (212) 930-9725
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June 6, 2011
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(Date of Event Which Requires Filing of This Statement)
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CUSIP No. 70423P 30 4
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1
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NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Charles Volk Revocable Family Trust
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) x
(b) ¨
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3
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SEC USE ONLY
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4
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SOURCE OF FUNDS* AF
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5
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
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6
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CITIZENSHIP OR PLACE OF ORGANIZATION
Nevada
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NUMBER OF SHARES
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7
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SOLE VOTING POWER
14,000,000
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BENEFICIALLY
OWNED BY
|
8
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SHARED VOTING POWER
0
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EACH
REPORTING
|
9
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SOLE DISPOSITIVE POWER
14,000,000
|
PERSON WITH
|
10
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SHARED DISPOSITIVE POWER
0
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11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,000,000
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12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
¨
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13
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
23.8%
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14
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TYPE OF REPORTING PERSON*
OO
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CUSIP No. 70423P 30 4
|
1
|
NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Charles F. Volk, Jr.
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) x
(b) ¨
|
3
|
SEC USE ONLY
|
4
|
SOURCE OF FUNDS* OO
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
|
NUMBER OF SHARES
|
7
|
SOLE VOTING POWER
18,000,000
|
BENEFICIALLY
OWNED BY
|
8
|
SHARED VOTING POWER
0
|
EACH
REPORTING
|
9
|
SOLE DISPOSITIVE POWER
18,000,000
|
PERSON WITH
|
10
|
SHARED DISPOSITIVE POWER
0
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
18,000,000
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
¨
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
29.2%
|
14
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TYPE OF REPORTING PERSON*
IN
|
|
1.
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Joint Filing Agreement
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CHARLES VOLK REVOCABLE FAMILY TRUST
|
||
By:
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/s/ CHARLES F. VOLK, JR.
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Name:
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Charles F. Volk, Jr.
|
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Title:
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Trustee
|
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/s/ CHARLES F. VOLK, JR.
|
||
Charles F. Volk, Jr.
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Date: June 20, 2011
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Charles Volk Revocable Family Trust
|
|||
/s/ Charles F. Volk, Jr.
|
||||
Name:
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Charles F. Volk, Jr.
|
|||
Title:
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Trustee
|
|||
/s/ Charles F. Volk, Jr.
|
||||
Name:
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Charles F. Volk, Jr.
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