-----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, Lcks2BaEC62O1v1MJTNYdPTZ6GZxGsXLKQyIjA8rmRikriZaG1HOCtS9LHUDBTuZ 9oPVIr1ulTi8lu42FhJTqw== /in/edgar/work/0001095811-00-003772/0001095811-00-003772.txt : 20001005 0001095811-00-003772.hdr.sgml : 20001005 ACCESSION NUMBER: 0001095811-00-003772 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20001004 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DALLAS GOLD & SILVER EXCHANGE INC /NV/ CENTRAL INDEX KEY: 0000701719 STANDARD INDUSTRIAL CLASSIFICATION: [5944 ] IRS NUMBER: 880097334 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-33619 FILM NUMBER: 735010 BUSINESS ADDRESS: STREET 1: 2817 FOREST L STREET 2: STE 202 CITY: DALLAS STATE: TX ZIP: 75234 BUSINESS PHONE: 9724843662 MAIL ADDRESS: STREET 1: 2817 FOREST LN CITY: DALLAS STATE: TX ZIP: 75234 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN PACIFIC MINT INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: CANYON STATE CORP DATE OF NAME CHANGE: 19860819 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PAULSON JOHN MICHAEL CENTRAL INDEX KEY: 0001125646 STANDARD INDUSTRIAL CLASSIFICATION: [ ] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 2250 EAST TROPICANA #19-121 CITY: LAS VEGAS STATE: NV ZIP: 89119 MAIL ADDRESS: STREET 1: 2250 EAST TROPICANA #19-121 CITY: LAS VEGAS STATE: NV ZIP: 89119 SC 13D 1 a66075bsc13d.txt SCHEDULE 13D 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D (RULE 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) DALLAS GOLD AND SILVER EXCHANGE, INC. - -------------------------------------------------------------------------------- (NAME OF ISSUER) COMMON STOCK - -------------------------------------------------------------------------------- (TITLE OF CLASS OF SECURITIES) 235-077104 - -------------------------------------------------------------------------------- (CUSIP NUMBER) JOHN MICHAEL PAULSON 2250 EAST TROPICANA #19-121 LAS VEGAS, NV 89119 (702) 429-0699 (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS) JULY 19, 2000 - -------------------------------------------------------------------------------- (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 Rule 13d-1(b)(3) or (4), check the following box [ ] . (Continued on following pages) Page 1 of 4 2 CUSIP No. 235-077104 13D Page 2 of 4 Pages --------------------- -------- -------- (1) NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) JOHN MICHAEL PAULSON --------------------------------------------------------------------- (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 BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] --------------------------------------------------------------------- (6) CITIZENSHIP OR PLACE OF ORGANIZATION USA --------------------------------------------------------------------- (7) SOLE VOTING POWER NUMBER OF 0 SHARES -------------------------------------------------------- BENEFICIALLY (8) SHARED VOTING POWER OWNED BY 275,000 EACH -------------------------------------------------------- REPORTING (9) SOLE DISPOSITIVE POWER PERSON WITH 0 -------------------------------------------------------- (10) SHARED DISPOSITIVE POWER 275,000 -------------------------------------------------------- (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 275,000 --------------------------------------------------------------------- (12) CHECK BOX IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] --------------------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.8% --------------------------------------------------------------------- (14) TYPE OF REPORTING PERSON* IN --------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 2 of 4 3 CUSIP No. 235-077104 13D Page 3 of 4 Pages --------------------- -------- -------- ITEM 1. SECURITY AND ISSUER The title of the class of equity securities to which this Statement on Schedule 13D (this "Statement') relates is the common stock, $.01 par value per share ("Common Stock") of Dallas Gold and Silver Exchange, Inc., a Nevada corporation ("Issuer"), whose address is 2817 Forest Lane, Dallas, Texas 75234. ITEM 2. IDENTITY AND BACKGROUND This Statement is filed on behalf of John Michael Paulson (hereinafter referred to as the "Reporting Person"). The Reporting Person's principal occupation is real estate development. His address, and the address of Nevastar Investments Corp., the organization in which his real estate development business is conducted, is 2250 East Tropicana #19-121, Las Vegas, Nevada 89119. The Reporting Person is a co-trustee of the Allen E. Paulson Living Trust (UDT dated 12/23/86) (hereinafter referred to as the "Trust") along with Edward White. The Reporting Person does not affirm that he and Edward White comprise a "group." The Reporting Person is a U.S. citizen. During the last five years, the Reporting Person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) nor been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which he 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. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION Before Allen Paulson's death, he had transferred all of his shares of Common Stock to the Trust. He had continued to report on Schedule 13D those shares as beneficially owned by him, because he was trustee of the Trust and the Trust was revocable by him. Upon his death, all shares of Common Stock subject to the Trust became irrevocably vested in the Trust and beneficial ownership passed to the Reporting Person and Edward White as the successor co-trustees of the Trust. ITEM 4. PURPOSE OF TRANSACTION The Reporting Person's/Trust's acquisitions of securities were for investment purposes. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER See Item 3 and rows 7-10 on page 2 of this Statement. The Trust directly owns 275,000 shares of Common Stock. This represents approximately 5.8% of the outstanding shares of Common Stock. Issuer's most recent Form 10-QSB disclosed that at July 12, 2000 there were 4,728,004 outstanding shares of Common Stock. The Reporting Person and Edward White share voting power and dispositive power as to those 275,000 shares. Page 3 of 4 4 CUSIP No. 235-077104 13D Page 4 of 4 Pages --------------------- -------- -------- Edward White's principal occupation is accounting, and he is the senior partner of Edward White and Company, a certified public accounting firm. Edward White's address, and the address of Edward White and Company, the organization in which his business is conducted, is 21700 Oxnard Street, Suite 400, Woodland Hills, California 91367. He is a U.S. citizen. During the last five years Edward White has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) nor been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which he 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. No transactions in the Common Stock were effected by the Reporting Person during the past 60 days, except for the transfer of beneficial ownership by operation of Allen Paulson's death on July 19, 2000. See Item 3. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER None. 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. July 29, 2000 /s/ John Michael Paulson ----------------------------- John Michael Paulson Attention: Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001). Page 4 of 4 -----END PRIVACY-ENHANCED MESSAGE-----