0001580695-15-000109.txt : 20150409 0001580695-15-000109.hdr.sgml : 20150409 20150409121911 ACCESSION NUMBER: 0001580695-15-000109 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150409 DATE AS OF CHANGE: 20150409 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Texas South Energy, Inc. CENTRAL INDEX KEY: 0001506742 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 990362471 STATE OF INCORPORATION: NV FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-88788 FILM NUMBER: 15760826 BUSINESS ADDRESS: STREET 1: 3 RIVERWAY STREET 2: SUITE 1800 CITY: HOUSTON STATE: TX ZIP: 77056 BUSINESS PHONE: 7132092950 MAIL ADDRESS: STREET 1: 3 RIVERWAY STREET 2: SUITE 1800 CITY: HOUSTON STATE: TX ZIP: 77056 FORMER COMPANY: FORMER CONFORMED NAME: Inka Productions Corp. DATE OF NAME CHANGE: 20101130 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Askew James M. CENTRAL INDEX KEY: 0001487588 FILING VALUES: FORM TYPE: SC 13D MAIL ADDRESS: STREET 1: 3 RIVERWAY, STE. 1800 CITY: HOUSTON STATE: TX ZIP: 77056 SC 13D 1 askew13d040315.htm askew13d040315.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13D
Under the Securities Exchange Act of 1934
 

 
TEXAS SOUTH ENERGY, INC.
(Name of Issuer)
Common Stock, Par Value $0.001 Per Share
(Title of Class of Securities)
 
88269V102
(CUSIP Number)
 

 
James M. Askew
Three Riverway, Suite 1800
Houston, Texas 77056
Tel:  (713) 209-2950


(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
 

 
Copy to:
Thomas C. Pritchard, Esq.
Brewer & Pritchard, P.C.
Three Riverway, Suite 1800
Houston, Texas 77056
Tel:  (713) 209-2950
Fax: (713) 659-5302


 
April 3, 2015
(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 §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.
 
NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.  See Section 240.13d-7 for other parties to whom copies are to be sent.
 
*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 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, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Exchange Act (however, see the Notes).
 
(Continued on following pages)
 
 
 

 
CUSIP No.  88269V102
 
1
NAMES OF REPORTING PERSONS
 
James M. Askew
 
        I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a) ¨ (b) x
 
3
SEC USE ONLY
 
 
 
4
SOURCE OF FUNDS
 
OO
 
5
CHECK IF DISCLOSURES OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
 
¨
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
United States of America
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
 69,000,000
 
 
8
SHARED VOTING POWER
 
0
 
9
SOLE DISPOSITIVE POWER
 69,000,000
 
 
10
SHARED DISPOSITIVE POWER
 
0
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
69,000,000
 
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
¨
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 19%
 
14
TYPE OF REPORTING PERSON
 
IN
 
 
 
 

 
 
Item 1.  Security and Issuer
 
This statement on Schedule 13D relates to the common stock, par value $0.001 per share (the “Common Stock”), of Texas South Energy, Inc., a Nevada corporation (the “Issuer”). The principal executive offices of the Issuer are located at 3 Riverway, Suite 1800, Houston, Texas 77056.
 
Item 2.  Identity and Background
 
(a) The name of the person filing this statement is James M. Askew.
 
(b) The business address of Mr. Askew is 3 Riverway, Ste. 1800, Houston, Texas 77056.

(c) Mr. Askew is a director and Chief Executive Officer of the Issuer.

(d) During the past five years, Mr. Askew has not been convicted in any criminal proceeding (excluding traffic violations or similar misdemeanors).
 
(e) During the past five years, Mr. Askew was not a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is 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 finding any violation with respect to such laws.
 
(f) Mr. Askew is a citizen of the United States of America.
  
Item 3.  Source and Amount of Funds or Other Consideration
 
   On September 27, 2013, Mr. Askew acquired 69,000,000 shares of Common Stock in connection with services rendered pursuant to an Employment Agreement with the Issuer.

Item 4.  Purpose of Transaction

Mr. Askew acquired the Common Stock he beneficially owns for investment purposes.  Mr. Askew does not currently have any plans or proposals (other than those he may have from time to time in his role as an officer and director of the Issuer) that relate to or that would result in any of the transactions or other matters specified in clauses (a) through (j) of Item 4 of Schedule 13D.

Item 5.  Interest in Securities of the Issuer
 
    (a) Mr. Askew is the beneficial owner of 69,000,000 shares of Common Stock.    The shares of Common Stock beneficially owned by Mr. Askew equal approximately 19% of the Issuer’s outstanding shares of Common Stock, based on 362,215,670 shares outstanding as of March 16, 2015, as reported in the Issuer’s quarterly report on Form 10-Q, filed with the SEC on March 16, 2015.
 
(b) Mr. Askew has sole voting power over the 69,000,000 shares of Common Stock beneficially owned by him.
 
(c), Mr. Askew has not affected any transaction in the Issuer Common Stock during the past 60 days.
 
(d) Mr. Askew’s has no knowledge, that any person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities of the Issuer reported herein.
 
(e) Not applicable.
 
 
Item 6.  Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
 
Other than as described in Items 3, 4 and 5, which descriptions are incorporated herein by reference in answer to this Item 6, and the agreements incorporated therein by reference, there are no contracts, arrangements, understandings or relationships (legal or otherwise) with Mr. Askew.
 
Item 7.  Material to Be Filed as Exhibits
 
None.

 
 

 

  
 
SIGNATURE
 
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.
 
     
       
 
By:
/s/ James M. Askew
 
   
Name: James M. Askew 
 
 
Dated:  April 9, 2015