Amended Statement of Beneficial Ownership (sc 13d/a)
October 23 2018 - 10:31AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
SCHEDULE
13D/A
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)
Michael
J. Mayell
4550
Post Oak Place Dr., Suite 300
Houston,
Texas 77027
Tel:
(713) 820-6300
(Name,
Address and Telephone Number of Person Authorized to Receive Notices and Communications)
Copy
to:
Thomas
C. Pritchard, PC
800
Bering Dr., Suite 201
Houston,
Texas 77057
Tel:
(713) 209-2911
Fax:
(832) 538-1265
October 16, 2018
(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
Michael J. Mayell
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
|
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
☐
(b) ☒
|
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
173,616,675
|
8
|
SHARED
VOTING POWER
0
|
9
|
SOLE
DISPOSITIVE POWER
173,616,675
|
10
|
SHARED
DISPOSITIVE POWER
0
|
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
173,616,675
|
12
|
C
HECK
IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
☐
|
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
16.3%
|
14
|
TYPE
OF REPORTING PERSON
IN
|
Item
1. Security and Issuer
This
statement on Schedule 13D/A 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 4550 Post Oak Place Dr., Suite 300, Houston, Texas 77027.
Item
2. Identity and Background
(a)
The name of the person filing this statement is Michael J. Mayell.
(b)
The business address of Mr. Mayell is 4550 Post Oak Place Dr., Suite 300, Houston, Texas 77027.
(c)
Mr. Mayell is the Chief Executive Officer and a director of the Issuer.
(d)
During the past five years, Mr. Mayell has not been convicted in any criminal proceeding (excluding traffic violations or similar
misdemeanors).
(e)
During the past five years, Mr. Mayell 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. Mayell is a citizen of the United States of America.
Item
3. Source and Amount of Funds or Other Consideration
Proceeds to fund the
loans and stock purchase were from personal funds.
Item
4. Purpose of Transaction
Mr. Mayell acquired
the Common Stock he beneficially owns for investment purposes. Mr. Mayell 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. Mayell is the
beneficial owner of 173,616,675 shares of Common Stock. The shares of Common Stock beneficially owned by Mr. Mayell
equals approximately 16.3% of the Issuer’s outstanding shares of Common Stock, based on 990,199,769 shares outstanding as
of October 22, 2018.
(b) Mr. Mayell has
sole voting power over the 173,616,675 shares of Common Stock beneficially owned by him.
(c)
Mr. Mayell has not affected any transaction in the Issuer Common Stock during the past 60 days, except as set forth in Item 3.
(d)
Mr. Mayell 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. Mayell.
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/
Michael J. Mayell
|
|
|
Name: Michael J. Mayell
|
Dated: October 22, 2018
4