-----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, MCdDPUXF2T2fo4ndA5C9XuX6QyYXmGkTTSRUFv2id1TrUA5nTESPs/sd6DO0nz1e fRxQbE82ss8NE/JIKPjxkA== 0001337267-11-000002.txt : 20110110 0001337267-11-000002.hdr.sgml : 20110110 20110110111448 ACCESSION NUMBER: 0001337267-11-000002 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110110 DATE AS OF CHANGE: 20110110 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TXCO Resources Inc CENTRAL INDEX KEY: 0000313395 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 840793089 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-35379 FILM NUMBER: 11519209 BUSINESS ADDRESS: STREET 1: 777 E. SONTERRA BLVD STREET 2: SUITE 350 CITY: SAN ANTONIO STATE: TX ZIP: 78258 BUSINESS PHONE: 2104965300 MAIL ADDRESS: STREET 1: 777 E. SONTERRA BLVD STREET 2: SUITE 350 CITY: SAN ANTONIO STATE: TX ZIP: 78258 FORMER COMPANY: FORMER CONFORMED NAME: EXPLORATION CO OF DELAWARE INC DATE OF NAME CHANGE: 20010207 FORMER COMPANY: FORMER CONFORMED NAME: EXPLORATION CO DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Dynamis Advisors, LLC CENTRAL INDEX KEY: 0001337267 IRS NUMBER: 541852654 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 919 EAST MAIN STREET, 16TH FLOOR CITY: CHARLOTTESVILLE STATE: VA ZIP: 23219 BUSINESS PHONE: (804) 643-1100 MAIL ADDRESS: STREET 1: 919 EAST MAIN STREET, 16TH FLOOR CITY: CHARLOTTESVILLE STATE: VA ZIP: 23219 SC 13G/A 1 txco-1210.txt OMB Approval OMB Number: 3235-0145 Expires: February 28,2009 Estimated average burden hours per response...10.4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* TXCO RESOURCES INC. - ------------------------------------------------ (Name of Issuer) COMMON STOCK - ------------------------------------------------ (Title of Class of Securities) 87311M102 - ------------------------------------------------ (CUSIP Number) DECEMBER 31, 2010 - ------------------------------------------------ (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] 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). Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. - -------------------- Cusip No. 0000900393 - -------------------- 1. Names of Reporting Persons. DYNAMIS ADVISORS, LLC. IRS Identification Nos. of above persons (entities only). 54-1852654 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. U.S.A. - Delaware Limited Liability Company Number of Shares Beneficially Owned by Each Reporting Person with: 5. Sole Voting Power. 0 6. Shared Voting Power. 0 7. Sole Dispositive Power. 0 8. Shared Dispositive Power. 0 9. Aggregate Amount Beneficially Owned by Each Reporting Person. 0 10.Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions). N/A 11. Percent of Class Represented by Amount in Row (9). 0% 12. Type of Reporting Person (See Instructions). IA - -------------------- CUSIP No. 87311M102 - -------------------- Item 1. (a) Name of Issuer. TXCO RESOURCES INC. (b) Address of Issuer's Principal Executive Offices. 777 E. SONTERRA BLVD SUITE 350 SAN ANTONIO, TEXAS 78258 Item 2. (a) Names of Persons Filing. DYNAMIS ADVISORS, LLC (b) Address of Principal Business Office of each of the persons specified in 2(a) above: 919 EAST MAIN STREET 16TH FLOOR RICHMOND, VIRGINIA 23219 (c) Citizenship: U.S.A. - Delaware Limited Liability Company (d) Title of Class of Securities common stock (e) CUSIP Number 87311M102 Item 3. If this statement is filed pursuant to Section 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C.78c); (c) [ ] Insurance company as defined in section 3(a)(19)of the Act (15 U.S.C. 78c); (d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) [X] An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(J). Item 4. Ownership. Dynamis Advisors, LLC has been granted discretionary dispositive power over its respective clients' securities and in some instances have voting power over such securities. Any and all discretionary authority which has been delegated to Dynamis Advisors, LLC may be revoked in whole or in part at any time. Item 5. Ownership of Five Percent or Less of a Class. This statement is being filed to report the fact that as of the date hereof the reporting group ceases to be the beneficial owners of more than five percent of the class of securities. Item 6. Ownership of More than Five Percent on Behalf of Another Person. Dynamis Advisors, LLC has discretionary authority over the assets of Dynamis Advisors's clients; accordingly, in each instance, only the client or the client's custodian or trustee bank has the right to receive dividends paid with respect to, and proceeds from the sale of, such securities. The ultimate power to direct the receipt of dividends paid with respect to, and the proceeds from the sale of, such securities is vested in the clients for which Dynamis Advisors, LLC serves as investment advisor. Any and all discretionary authority which has been delegated to Dynamis Advisors, LLC may be revoked in whole or in part at any time. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person. N/A Item 8. Identification and Classification of Members of the Group. See Item 2 above. Item 9. Notice of Dissolution of Group. N/A Item 10. Certification. By signing below each of the undersigned (i) certify that, to the best of their knowledge and belief, the securities referred to above were acquired and held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect and do not have any effect of changing or influencing the control of the issuer of the securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect; and(ii) hereby declare and affirm that the filing of this Schedule 13G shall not be construed as an admission that any of the reporting persons is the beneficial owner of the securities reported herein, which beneficial ownership is hereby expressly denied (except for such shares, if any, reported herein as beneficially owned by Dynamis Advisors, LLC for its own account. SIGNATURE After reasonable inquiry and to the best of each person's knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Date: January 10, 2011 DYNAMIS ADVISORS, LLC By: /s/ John H. Bocock Signature John H. Bocock, Member/GP/CCO Name/Title -----END PRIVACY-ENHANCED MESSAGE-----