-----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, FpZjMO6gsKLKn7zvj2xpiHjLpdyIMTTWZ55450N/WkHQE8+vvS801003ryCU1ALj RWk2i4yc1WUKq2uqD4EbLw== 0001144204-07-064714.txt : 20071128 0001144204-07-064714.hdr.sgml : 20071128 20071128173007 ACCESSION NUMBER: 0001144204-07-064714 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20071128 DATE AS OF CHANGE: 20071128 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MOUNTAINS WEST EXPLORATION INC CENTRAL INDEX KEY: 0000319040 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 850280415 STATE OF INCORPORATION: NM FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-57641 FILM NUMBER: 071272437 BUSINESS ADDRESS: STREET 1: 7609 RALSTON ROAD CITY: ARVADA STATE: CO ZIP: 80002 BUSINESS PHONE: 303 422 8127 MAIL ADDRESS: STREET 1: 7609 RALSTON ROAD CITY: ARVADA STATE: CO ZIP: 80002 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MALONE LAWRENCE CENTRAL INDEX KEY: 0001024314 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: BUSINESS PHONE: 2129356800 MAIL ADDRESS: STREET 1: 800 THIRD AVE STREET 2: 18TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 SC 13D 1 v095620_sc13d.htm Unassociated Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
___________________

SCHEDULE 13D

Under the Securities Exchange Act of 1934
 
Mountains West Exploration, Inc.
(Name of Issuer)

Common Stock, no par value per share
(Title of Class of Securities)

624516 20 9
(CUSIP Number)

Lawrence Malone
2001 Butterfield Road, Suite 1050
Downers Grove, IL 60515
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
 
September 19, 2007
(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 that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box ¨.


CUSIP NO. 669878 10 3

1
NAME OF REPORTING PERSONS
 
Lawrence Malone
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                                                         (a) ¨
(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
BENEFICIALLY
OWNED BY
EACH REPORTING
PERSON WITH
7
SOLE VOTING POWER
840,000*
8
SHARED VOTING POWER
0
9
SOLE DISPOSITIVE POWER
840,000*
10
SHARED DISPOSITIVE POWER
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
840,000*
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN  SHARES            ¨  
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.4%
14
TYPE OF REPORTING PERSON
IN
 
* Consists of vested portion of option to acquire 2,100,000 shares of Common Stock.


Item 1. Security and Issuer.

This Schedule 13D relates to the common stock, no par value per share (the “Common Stock”), of Mountains West Exploration, Inc., a New Mexico corporation (the “Issuer”). The principal executive offices of the Issuer are located at 2001 Butterfield Road, Suite 1050, Downers Grove, Illinois 60515.
 
Item 2. Identity and Background.
 
(a)-(c)
Lawrence Malone is an individual whose principal business address is 2001 Butterfield Road, Suite 1050, Downers Grove, IL 60515. Mr. Malone is the President and Chief Operating Officer of the Issuer.
 
(d)-(e) During the past five years, Mr. Malone has not (i) been convicted in a criminal proceeding, excluding traffic violations or similar misdemeanors or (ii) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which they were or are subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or any violation with respect to such laws.
 
(f)  Mr. Malone is a United States citizen.
 
Item 3. Source and Amount of Funds or Other Consideration.
 
Mr. Malone received compensatory stock options from the Issuer at no cost to him. If and when he exercises the stock options, the cost will be $.51 per share of common stock purchased.
 
Item 4. Purpose of Transaction.
 
The securities referred to in this Schedule have been acquired as for investment purposes and not with the purpose or effect of changing or influencing control of the Issuer. Mr. Malone is the President and Chief Operating Officer of the Issuer but except as otherwise described in this statement, he does not have any present plans or proposals that relate to or would result in:
 
(i) the acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer, except the acquisition of shares underlying the stock options owned by Malone;
 
(ii) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries;
 
(iii) a sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries;
 
 
(iv) other than as previously announced by the Issuer, any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board;
 
(v) any material change in the present capitalization or dividend policy of the Issuer;
 
(vi) any other material change in the Issuer’s business or corporate structure;
 
(vii) changes in the Issuer’s charter, by-laws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person;
 
(viii) 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;
 
(ix) a class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Exchange Act; or
 
(x) any action similar to any of those enumerated above.
 
Item 5. Interest in Securities of the Issuer.
 
(a)-(c) As of the date hereof, Mr. Malone is the direct beneficial owner of 840,000 shares of Common Stock, all of which are subject to the exercise of currently exercisable stock options, over which he has sole voting and sole dispositive power. The 840,000 shares of Common Stock beneficially owned by Mr. Malone represent 7.4% of the issued and outstanding shares of Common Stock, based on 10,503,600 shares issued and outstanding on November 13, 2007 as reported by the Issuer in its Current Report on Form 8-K/A filed with the Securities and Exchange Commission on November 19, 2007.
 
(d) Not applicable.
 
(e) Not applicable.
 
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
 
 
Other than as described herein, there are no contracts, arrangements, understandings or relationships between Mr. Malone and any other person with respect to securities of the Issuer.
 
Item 7. Material to be filed as Exhibits.
 
 None.

 
SIGNATURES
 
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.
 
     
Dated:  November 27, 2007
    
   
/s/ Lawrence Malone
 
Lawrence Malone
   

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