sc13dza

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934
(Amendment No. 16)

NEW CONCEPT ENERGY, INC.
(Name of Issuer)
Common Stock, par value $0.01 per share
(Title of Class of Securities)
643611-10-6
(CUSIP Number)
Steven C. Metzger
3626 N. Hall Street, Suite 800
Dallas, Texas 75219
214-740-5030
214-523-3838 (Facsimile)
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
February 23, 2011
(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 schedule because of Rules 13d-1(b)(3) or (4), check the following box o.

Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting persons’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).

 
 


 

                     
CUSIP No.
 
643611-10-6 
 

 

           
1)   NAMES OF REPORTING PERSONS

Arcadian Energy, Inc. (formerly International Health Products, Inc.)
     
     
2)   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o 
  (b)   o 
     
3)   SEC USE ONLY
   
   
     
4)   SOURCE OF FUNDS (SEE INSTRUCTIONS)     WC/OO
   
   
     
5)   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  o
     
6)   CITIZENSHIP OR PLACE OF ORGANIZATION     U.S.
   
 
       
  7)   SOLE VOTING POWER     127,968
     
NUMBER OF  
       
SHARES 8)   SHARED VOTING POWER     -0-
BENEFICIALLY    
OWNED BY  
       
EACH 9)   SOLE DISPOSITIVE POWER     127,968
REPORTING    
PERSON  
       
WITH 10)   SHARED DISPOSITIVE POWER     -0-
     
   
     
11)   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON     1,027,968
   
 
     
12)   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13)   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)     52.799%
   
 
     
14)   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)     CO
   
 


 

                     
CUSIP No.
 
643611-10-6 
 

 

           
1)   NAMES OF REPORTING PERSONS

TacCo Financial, Inc.
     
     
2)   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o 
  (b)   o 
     
3)   SEC USE ONLY
   
   
     
4)   SOURCE OF FUNDS (SEE INSTRUCTIONS)     WC/OO
   
 
     
5)   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  o
     
6)   CITIZENSHIP OR PLACE OF ORGANIZATION     Nevada
   
 
       
  7)   SOLE VOTING POWER     500
     
NUMBER OF  
       
SHARES 8)   SHARED VOTING POWER     -0-
BENEFICIALLY    
OWNED BY  
       
EACH 9)   SOLE DISPOSITIVE POWER     500
REPORTING    
PERSON  
       
WITH 10)   SHARED DISPOSITIVE POWER     -0-
     
   
     
11)   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON     500
   
 
     
12)   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13)   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)     0.03%
   
 
     
14)   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)     CO
   
 


 

                     
CUSIP No.
 
643611-10-6 
 

 

           
1)   NAMES OF REPORTING PERSONS

URC Energy LLC,
     
     
2)   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o 
  (b)   o 
     
3)   SEC USE ONLY
   
   
     
4)   SOURCE OF FUNDS (SEE INSTRUCTIONS)     AF/OO
   
 
     
5)   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  o
     
6)   CITIZENSHIP OR PLACE OF ORGANIZATION     Nevada
   
 
       
  7)   SOLE VOTING POWER     900,000
     
NUMBER OF  
       
SHARES 8)   SHARED VOTING POWER     -0-
BENEFICIALLY    
OWNED BY  
       
EACH 9   SOLE DISPOSITIVE POWER     900,000
REPORTING    
PERSON  
       
WITH 10)   SHARED DISPOSITIVE POWER     -0-
     
   
     
11)   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON     900,000
   
 
     
12)   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13)   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)     46.23%
   
 
     
14)   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)     OO
   
 


 

                     
CUSIP No.
 
643611-10-6 
 

 

           
1)   NAMES OF REPORTING PERSONS

West Go Green, LLC
     
     
2)   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o 
  (b)   o 
     
3)   SEC USE ONLY
   
   
     
4)   SOURCE OF FUNDS (SEE INSTRUCTIONS)     AF/OO
   
 
     
5)   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  o
     
6)   CITIZENSHIP OR PLACE OF ORGANIZATION     Nevada
   
 
       
  7)   SOLE VOTING POWER     -0-
     
NUMBER OF  
       
SHARES 8)   SHARED VOTING POWER     -0-
BENEFICIALLY    
OWNED BY  
       
EACH 9   SOLE DISPOSITIVE POWER     -0-
REPORTING    
PERSON  
       
WITH 10)   SHARED DISPOSITIVE POWER     -0-
     
   
     
11)   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON     -0-
   
 
     
12)   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13)   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)     0%
   
 
     
14)   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)     OO
   
 


 

Item 1. Security and Issuer
     This Amendment No. 16 to Statement on Schedule 13D (this “Amendment No. 15”) relates to shares of Common Stock, par value $0.01 per share (the “Shares”) of New Concept Energy, Inc. (formerly CabelTel International Corporation), a Nevada corporation (the “Company” or the “Issuer” or “GBR”), and further amends the original Statement on Schedule 13D as amended by Amendment Nos. 1 through 15 to Statement on Schedule 13D (collectively the “Amended Statement”) filed by the “Reporting Persons” described below. The principal executive offices of the Issuer are located at 1755 Wittington Place, Suite 340, Dallas, Texas 75234. The name of the Issuer changed on May 21, 2008. The CUSIP number of the Shares is 643611-10-6. The Shares are currently listed and traded on the American Stock Exchange LLC.
     This Amendment No. 16 is being filed to reflect the disposition by a brokerage firm of Shares of two of the “Reporting Persons” of a total of 285,110 Shares (14.6%) by one entity to another entity. which again becomes a “Reporting Person.” See Item 5 below.
Item 2. Identity and Background
     Item 2 of the Amended Statement is further amended by restating the first portion of such item as follows:
     (a)-(c) and (f). This Amendment No. 16 is being filed on behalf of Arcadian Energy, Inc. (formerly International Health Products, Inc.), a Nevada corporation (“AEI”), TacCo Financial, Inc. (formerly Institutional Capital Corporation), a Nevada corporation (“TFI”), URC Energy LLC, a Nevada limited liability company (“URCELLC”), the sole member of which is AEI, and West Go Green LLC, a Nevada limited liability company (“WGGLLC”), the sole member of which is AEI. AEI, TFI, URCELLC and WGGLLC are collectively referred to as the “Reporting Persons.” The Reporting Persons may be deemed to constitute a “Person” within the meaning of Section 13d of the Securities Exchange Act of 1934, as amended. AEI is owned by a trust established for the benefit of the wife and children of Gene E. Phillips (the “Martin Trust”). URCELLC’s sole and managing member is AEI. WGGLLC’s sole and managing member is AEI. AEI is managed by Craig E. Landess who also manages other private entities owned by Mr. Phillips or his family trusts. Mr. Landess consults on a regular basis with Mr. Phillips regarding investments in marketable securities by AEI. TFI’s day-to-day operations are managed by the same personnel who manage AEI’s day-to-day operations and other private companies owned by Gene E. Phillips or his family trusts. The principal office of each of the Reporting Persons is at 1750 Valley View Lane, Suite 440, Dallas, Texas 75234.
Item 5. Interest in Securities of the Issuer
     (a) According to the latest information available as of November 12, 2010, the total number of issued and outstanding Shares is believed to be 1,946,935 Shares, and each of the Reporting Persons own and hold directly the following Shares as of March 18, 2011:
                 
    No. of Shares   Approximate Percent
Name   Owned Directly   of Class
AEI
    127,968       6.57 %
TFI*
    500       0.03 %
URCELLC
    900,000       46.23 %
WGGLLC
    -0-       -0-  
 
               
 
    1,028,468       53.799 %
 
               
 
*   TFI also holds exercisable rights under a Stock Option Agreement dated December 16, 2003 covering the right to purchase 40,000 Shares at $2.60 per Share.
     Pursuant to Rule 13d-3 under the Exchange Act, each of the directors of TFI may be deemed to beneficially own the Shares held directly by TFI; each of the directors of AEI may be deemed to beneficially own any Shares held by WGGLLC, URCELLC and AEI. Those individuals and the number of Shares deemed beneficially owned pursuant to Rule 13d-3 and the approximate percent of class, as well as the relationship, are set forth in the following table as of March 18, 2011:

 


 

                         
Name of Director or           No. of Shares   Approximate Percent
Manager   Entity   Beneficially Owned   of Class
J.T. Tackett
  TFI     500       0.03 %
E. Wayne Starr
  TFI     500       0.03 %
Craig E. Landess
  AEI, URCELLC and WGGLLC     1,027,968       52.799 %
Christina Morin
  AEI, URCELLC and WGGLLC     1,027,968       52.799 %
 
                       
Total Shares beneficially owned by Reporting Persons and individuals listed above:     1,028,468       52.799 %
 
                       
     (b) Each of the directors of TFI share voting and dispositive power over the 500 Shares held directly by TFI. Craig E. Landess and Christina Morin, the two directors of AEI have voting and dispositive power over the 900,000 Shares held directly by URCELLC and over the 127,968 Shares held by AEI.
     (c) During the sixty calendar days ended March 18, 2011, except for the disposition of 285,110 Shares described below, the Reporting Persons and their executive officers and directors did not engage in any transaction in the Shares or any other equity interest derivative thereof. On the dates set forth below, a brokerage firm which holds a number of Shares of GBR in a margin account of AEI and another margin account of URCELLC sold into the market an aggregate of 285,110 Shares at prices ranging from $3.07 per Share to $7.41 per Share as follows:
                                 
    Shares Liquidated     Per Share     Total Liquidation  
Liquidation Date   AEI     URCELLC     Liquidation Price     Price  
2/11/11
    11,168               $3.31       $36,963.17  
 
2/14/11
    2,300               3.25       7,472.91  
 
2/15/11
    4,400               3.07       13,524.00  
 
2/16/11
    1,000               3.07       3,070.00  
 
2/23/11
    108,521               7.41       804,140.61  
 
2/24/11
    2,220               6.31       14,008.20  
 
2/28/11
    105,501               5.23       551,770.23  
 
3/03/11
            44,000       4.81       211,477.20  
 
3/04/11
            6,000       4.97       29,820.00  
 
                         
 
TOTALS
    235,110       50,000             $ 1,672,246.32  
All funds received by such brokerage firm were applied to the respective margin accounts of AEI and/or URCELLC in reduction thereof.
     (d) No person other than the Reporting Persons or members of their respective Boards of Directors is known to have the right to receive or the power to direct receipt of dividends from, or the proceeds of sale of, the Shares of GBR held by any of the Reporting Persons.
     (e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
     Item 6 of the Amended Statement is hereby further amended by adding the following at the end of current Item 6 in place of the next-last and second-last paragraphs thereof.
     Of the Shares owned by AEI , 127,110 Shares are now held in a brokerage account and may be deemed to be “collateral” for borrowings pursuant to margin or other account arrangements which are standard arrangements involving margin securities of up to a specified percentage of the market value of the Shares and bear interest at varying rates and contain only

 


 

standard default and similar provisions, the operating of any of which should not give any person immediate voting power or investment power over such securities. Such arrangements exist with the Shares and other securities held in such account and it is impracticable at any time to determine the amounts, if any, with respect to such Shares and interest cost under such arrangements vary with applicable costs and account balances.
     On January 15, 2010, effective December 31, 2009, WGGLLC sold and transferred 100,000 Shares of GBR to GO Green Fuel N.A., LP at a price of $6.90 per Share pursuant to a Securities Transfer Agreement effective December 31, 2009 (the “Agreement”). Pursuant to the Agreement, all of the 100,000 Shares of GBR Common Stock purchased by GO Green Fuel N.A., LP under the Agreement are subject to WGGLLC’s “Repurchase Option” for a period of three calendar years from the date of the Agreement expiring on December 31, 2012 pursuant to which WGGLLC has an irrevocable exclusive option to repurchase all or any portion of the 100,000 Shares of GBR Common Stock sold to Go Green Fuel N.A., LP pursuant to the Agreement at the original purchase price per Share of $6.90 per Share. Such Repurchase Option may be exercised by WGGLLC or its assignee by written notice to Go Green Fuel N.A., LP and at WGGLLC or its assignee’s option by delivery to Go Green Fuel N.A., LP with such notice of a check in the amount of the purchase price for the number of shares being repurchased. The Repurchased Option may be assigned and transferred by WGGLLC to any of its members or “affiliates” (defined to be an entity controlled by or under common control with WGGLLC) and notice of any such assignment and transfer of the Repurchase Option shall be given to Go Green Fuel N.A., LP at least two calendar days prior to the date of exercise of the Repurchase Option.
     Except as set forth above, the Reporting Persons do not have any contracts, arrangements, understandings or relationships, legal or otherwise, with any person with respect to any securities of the Issuer, including but not limited to, transfer or voting of any of the securities, finders’ fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, divisions of profits or losses, or the giving or withholding of proxies.
Item 7. Material to be Filed as Exhibits
     None.

 


 

SIGNATURES
     After reasonable inquiry and to the best of the respective knowledge or belief, the undersigned certify that the information set forth in this Amendment No. 16 to Schedule 13D is true, complete and correct.
     Dated: March 21, 2011
         
  ARCADIAN ENERGY, INC.
 
 
  By:   /s/ Craig E. Landess    
    Craig E. Landess, President   
       
 
  TACCO FINANCIAL, INC.
 
 
  By:   /s/ Craig E. Landess    
    Craig E. Landess, Secretary   
       
 
  URC ENERGY LLC
 
 
  By:   /s/ Craig E. Landess    
    Craig E. Landess, President   
       
 
  WEST GO GREEN LLC
 
 
  By:   /s/ Craig E. Landess    
    Craig E. Landess, Manager