-----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, BQWONziRMHjV8jKP80A7aHpCYkGfy2zKMI7BPeDMOdIxAcNqqF65poYeWsBig2QL 9hUkorOMcH+0B3taa8Loiw== 0000930661-01-500174.txt : 20010417 0000930661-01-500174.hdr.sgml : 20010417 ACCESSION NUMBER: 0000930661-01-500174 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010416 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NORTH AMERICAN GAMING & ENTERTAINMENT CORP CENTRAL INDEX KEY: 0000029952 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990] IRS NUMBER: 752571032 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-46245 FILM NUMBER: 1603399 BUSINESS ADDRESS: STREET 1: 13150 COIT ROAD STREET 2: SUITE 125 CITY: DALLAS STATE: TX ZIP: 75240 BUSINESS PHONE: 9726711133 MAIL ADDRESS: STREET 2: 13150 COIT ROAD SUITE 125 CITY: DALLAS STATE: TX ZIP: 75240 FORMER COMPANY: FORMER CONFORMED NAME: WESTERN NATURAL GAS CO/DE/ DATE OF NAME CHANGE: 19940324 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BLAYLOCK RONALD D CENTRAL INDEX KEY: 0001017234 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 5810 E SKELLY DR SUITE 1800 CITY: TULSA STATE: OK ZIP: 74135 MAIL ADDRESS: STREET 2: 5810 E SKELLY DR SUITE 1800 CITY: TULSA STATE: OK ZIP: 74135 SC 13D/A 1 dsc13da.txt SCH 13D/A NO3 Page 1 of 10 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 3)* NORTH AMERICAN GAMING AND ENTERTAINMENT CORPORATION - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.01 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 656863 10 7 - -------------------------------------------------------------------------------- (CUSIP Number) E.H. Hawes, II, 13150 Coit Road, Suite 1100, Dallas, Texas 75240 With a copy to: Mike Parsons, Esq., Glast, Phillips & Murray, P.C. 13355 Noel Road, 2200 One Galleria Tower, Dallas, Texas 74240 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) April 5, 2001 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Settlement 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 (S)(S) 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. See (S) 240.13d-7(b) 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 ("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). SCHEDULE 13D CUSIP NO. 656863 10 7 Page 2 of 10 Pages ----------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON International Tours, Inc. ID #73-1320523 - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [_] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS* 4 - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 Oklahoma - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 15,886,960 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING 15,886,960 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 15,886,960 - ------------------------------------------------------------------------------ CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* 12 - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 63.3% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* 14 CO - ------------------------------------------------------------------------------ SCHEDULE 13D CUSIP NO. 656863 10 7 Page 3 of 10 Pages ----------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON I.T. Financial Corporation ID #48-0769428 - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [_] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS* 4 - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 Oklahoma - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 235,660 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING 235,660 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 235,660 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* 12 [ ] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 0.9% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* 14 CO - ------------------------------------------------------------------------------ SCHEDULE 13D CUSIP NO. 656863 10 7 Page 4 of 10 Pages ----------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Hawes Partners ID #73-1528544 - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [_] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS* 4 - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 Oklahoma - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 16,122,620 OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 16,122,620 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 16,122,620 - ------------------------------------------------------------------------------ CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* 12 [ ] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 64.2% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* 14 PN - ------------------------------------------------------------------------------ SCHEDULE 13D CUSIP NO. 656863 10 7 Page 5 of 10 Pages ----------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Edwin Hugh Hawes II ID ####-##-#### - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [_] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS* 4 - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 United States - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 2,334 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 16,122,620 OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING 2,334 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 16,122,620 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 16,124,954 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* 12 [ ] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 64.2% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* 14 IN - ------------------------------------------------------------------------------ Page 6 of 10 Item 1. Security and Issuer. Common stock, par value $.01 per share (the "Common Stock"), of North American Gaming and Entertainment Corporation (the "Issuer"), 13150 Coit Road, Suite 1100, Dallas, Texas 75240. Item 2. Identify and Background. (a) The names of the persons filing this statement are: (i) International Tours, Inc., an Oklahoma corporation ("International Tours"); (ii) I.T. Financial Corporation, an Oklahoma corporation ("ITFC"); (iii) Hawes Partners, an Oklahoma general partnership ("Partners"); and (iv) Edwin Hugh Hawes II ("Hawes"). A. Keith Weber ("Weber") and Ronald D. Blaylock ("Blaylock") are no longer partners in Partners and Hawes owns 100% of Partners. Consequently, Weber and Blaylock are no longer filing persons under this Schedule 13D. (b) The principal business address of the entities, and the residence address of the natural persons, listed in (a), above, are as follows: (i) International Tours - 13150 Coit Road, Suite 110, Dallas, Texas 75240 (ii) ITFC - 13150 Coit Road, Suite 110, Dallas, Texas 75240 (iii) Partners - 13150 Coit Road, Suite 110, Dallas, Texas 75240 (iv) No change. (v) Weber - is no longer a filing person under this Schedule 13D. (vi) Blaylock - is no longer a filing person under this Schedule 13D. (c) (i) International Tours - owns travel agencies. (ii) ITFC - no longer owns any capital stock of International Tours and is dormant. (iii) No change. (iv) Hawes - the principal occupation of Hawes is Chairman of the Board and President of International Tours and the Issuer. (v) Weber - is no longer a filing person under this Schedule 13D. (vi) Blaylock - is no longer a filing person under this Schedule 13D. (d) No change. (e) No change. (f) No change, except that Weber and Blaylock are no longer filing persons under this Schedule 13D. Page 7 of 10 Item 3. Source and Amount of Funds, or Other Consideration. On April 3, 2000, International Tours acquired 500,000 shares of Common Stock, at a purchase price of $0.06 per share, from an existing employee in settlement of a bonus and compensation package with such employee. International Tours used working capital to make the purchase. This Amendment No. 3 also reports an additional 43,334 shares of Common Stock owned by ITFC, which was owned by ITFC at the time of the initial filing of this Schedule 13D but which was held in a street name account that ITFC had overlooked until a recent internal audit discovered the street name account. Consequently, ITFC did not realize it owned such shares and had not previously included the ownership of such shares in this Schedule 13D. Item 4. Purpose of Transaction. No change, except the Issuer did sell the assets of GalaxSea and/or IT Cruise to Travelbyus.com as reported in the Issuer's periodic reports filed under the Securities Exchange Act of 1934 (the "1934 Act"). Additionally, the Issuer is involved in litigation which may be settled by the transfer of certain of the other assets of the Issuer, which has also been described in the Issuer's periodic reports under the 1934 Act. Upon any such settlement and sale, the Issuer plans to pursue other business opportunities outside the gaming industry, rather than liquidating and dissolving, although there can be no assurance that any such opportunities will be forthcoming upon terms acceptable to the Issuer. Item 5. Interests in Securities of the Issuer. (a) International Tours owns of record and beneficially 15,886,960 shares of Common Stock. Partners beneficially owns 100% of the outstanding shares of International Tours. Hawes owns 100% of Partners. Consequently, the 15,886,960 shares of Common Stock owned of record and beneficially by International Tours may also be deemed to be beneficially owned by each of Partners and Hawes. ITFC no longer owns any capital stock of International Tours. Weber and Blaylock are no longer partners of Partners and are no longer filing persons under this Schedule 13D. ITFC owns of record and beneficially 235,660 shares of Common Stock. Partners beneficially owns 64.97% of ITFC and Hawes is the sole director and president of ITFC. Consequently, the shares owned by ITFC may be deemed to be beneficially owned by each of Partners and Hawes. Partners does not directly own any shares of the Issuer. In addition to the 16,122,620 shares of Common Stock which may be deemed to be beneficially owned by Hawes through his ownership of Partners, Hawes owns of record and beneficially 2,334 shares of common stock. As noted above, Weber and Blaylock are no longer partners of Partners and, therefore, do not beneficially own any of the shares of Common Stock owned by Partners and, therefore, are no longer filing persons under this Schedule 13D. (b) International Tours may be regarded as having the sole power to vote or to direct the vote of, or to dispose or to direct the disposition of, the shares of Common Stock reported in Item 5(a), above, as owned by International Tours. ITFC may be regarded as having the sole power to vote or to direct the vote of, or to dispose or to direct the disposition of, the shares of Common Stock owned of record by it reported in Item 5(a), above. Partners may be regarded as having the shared power to vote or to direct the vote of, or to dispose or to direct the disposition of, the shares of Common Stock owned of record by International Tours and ITFC reported in Item 5(a), above. Page 8 of 10 Hawes may be regarded as having the shared power to vote or to direct the vote of, or to dispose or to direct the disposition of, the shares of Common Stock owned of record by International Tours and ITFC reported in Item 5(a), above, and may be regarded as having the sole power to vote or to direct the vote of, or to dispose or to direct the disposition of, the shares of Common Stock owned of record by him reported in Item 5(a), above. As noted above, Weber and Blaylock are no longer partners of Hawes Partners and, therefore, have no power to vote or to direct the vote of, or to dispose or to direct the disposition of, the shares of Common Stock beneficially owned by Partners reported in Item 5(a), above, and are no longer filing persons under this Schedule 13D. (c) There have been no transactions by the reporting persons in the Common Stock during the past 60 days except that International Tours sold 1,500,000 shares of Common Stock on March 15, 2001 at a price of $0.07 per share and sold 500,000 shares of Common Stock on April 5, 2001 at a price of $0.07 per share. The sales were effected in a private transaction and the shares were sold to Daryl N. Snadon, another director of the issuer. (d) No change. (e) No change. Item 6. Contracts, Understandings or Relationships with Respect to Securities of the Issuer. No change. Item 7. Material to be Filed as Exhibits. Exhibit 1 - Joint Filing Agreement among the filing persons. Page 9 of 10 SIGNATURES ---------- After reasonable inquiry and to the best of the undersigned's knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: April 12, 2001 INTERNATIONAL TOURS, INC. By: /s/ Edwin Hugh Hawes, II --------------------------------- Edwin Hugh Hawes, II, President Dated: April 12, 2001 IT FINANCIAL CORPORATION By: /s/ Edwin Hugh Hawes, II --------------------------------- Edwin Hugh Hawes, II, President Dated: April 12, 2001 HAWES PARTNERS By: /s/ Edwin Hugh Hawes, II ---------------------------------- Edwin Hugh Hawes, II, Sole Partner Dated: April 12, 2001 /s/ Edwin Hugh Hawes, II ---------------------------------- Edwin Hugh Hawes, II, Individually Page 10 of 10 Exhibit 1 JOINT FILING AGREEMENT Pursuant to Rule 13d-1(k), the undersigned hereby execute this Joint Filing Agreement with respect to filing of a Schedule 13D (Amendment No. 3) with respect to North American Gaming and Entertainment Corporation, and declare that such statement is filed on behalf of each of the undersigned. Dated: April 12, 2001 INTERNATIONAL TOURS, INC. By: /s/ Edwin Hugh Hawes, II ---------------------------------- Edwin Hugh Hawes, II, President Dated: April 12, 2001 IT FINANCIAL CORPORATION By: /s/ Edwin Hugh Hawes, II ---------------------------------- Edwin Hugh Hawes, II, President Dated: April 12, 2001 HAWES PARTNERS By: /s/ Edwin Hugh Hawes, II ---------------------------------- Edwin Hugh Hawes, II, Sole Partner Dated: April 12, 2001 /s/ Edwin Hugh Hawes, II ---------------------------------- Edwin Hugh Hawes, II, Individually -----END PRIVACY-ENHANCED MESSAGE-----