Each one in plain English, with the numbers worked through for a shareholder.
19 Dec 2003substantial holder notice● Neutral
Basic Capital Management, Inc., FEI No, One Realco Corporation, FEI No, International Health Products, Inc., FEI No, TacCo Financial, Inc., FEI No reported a New Concept Energy, Inc. shareholding of 28,596 shares (4.10% of votes) in a periodic institutional filing.
Made its first move into oil and gas, buying Gaywood Oil and Gas -- 110 East Texas leases with about 40 producing wells -- for roughly $1.2M from a trust benefiting related party Gene Phillips's family, opening a new business line alongside the shrinking assisted-living operations.
Continued shedding the assisted-living portfolio a year after the LSOF settlement, selling two more Texas communities (plus two more through its 56%-owned partnership) for modest cash and seller notes and booking a $1.7M loss.
LSOF POOLED EQUITY, L.P., TERLINGUA ADVISORS, INC., LSOF GENPAR, INC., LONE STAR OPPORTUNITY FUND, L.P., LONE STAR PARTNER, L.P., LONE STAR MANAGEMENT CO., LTD., HUDSON ADVISORS, L.L.C., HUDSON ADVISORS ASSOCIATES, L.P., ADVISORS GENPAR, INC., JOHN P. GRAYKEN reported a New Concept Energy, Inc. shareholding of 2,200 shares (0.03% of votes) in a periodic institutional filing.
18 Oct 2001asset acquisition disposition● NeutralMajor
Settled a control dispute with major shareholder LSOF Pooled Equity by buying back its stake for $4M cash plus 11 of the company's 24 assisted-living properties, ending the litigation but shrinking the eldercare/real-estate business Greenbriar had built since the mid-1990s.
LSOF POOLED EQUITY, L.P., TERLINGUA ADVISORS, INC., LSOF GENPAR, INC., LONE STAR OPPORTUNITY FUND, L.P., LONE STAR PARTNER, L.P., LONE STAR MANAGEMENT CO., LTD., HUDSON ADVISORS, L.L.C., HUDSON ADVISORS ASSOCIATES, L.P., ADVISORS GENPAR, INC., JOHN P. GRAYKEN reported a New Concept Energy, Inc. shareholding of 27,477,562 shares (79.10% of votes) in a periodic institutional filing.