SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

 
SCHEDULE 13G
(Rule 13d-102)
 
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
 
(AMENDMENT NO. _1_)*
 
NEW CONCEPT ENERGY, INC.
(Name of Issuer)
 
Common Stock, par value $0.01 per share
(Title of Class of Securities)
 
643611-10-6
(CUSIP Number)
 
December 31, 2015 (Date of Event Which Requires Filing of This Statement)
 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
[   ] Rule 13d-1(b)
[x] 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 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).
 

CUSIP NO. 643611-10-6
13G
Page 2 of 5 Pages
 
1
NAMES OF REPORTING PERSONS S.S. OR
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
 
Albert Speisman
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  [   ]
(b)  [   ]
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
United States
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
122,701 (Retirement Accts.: Albert Speisman)
46,395 Albert Speisman as Trustee for Retirement Acct. fbo Joyce E. Speisman)
 
 
6
SHARED VOTING POWER
25,230 (Joint Tenancy Acct.: Albert & Joyce E. Speisman)
 
 
7
SOLE DISPOSITIVE POWER
122,701 (Retirement Accts.: Albert Speisman)
 
 
8
SHARED DISPOSITIVE POWER
25,230 (Joint Tenancy Acct.: Albert & Joyce E. Speisman)
46,395 Albert Speisman as Trustee for Retirement Acct. fbo Joyce E. Speisman)
 
 
 

9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
194,326
 
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES
 
[   ]
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
9.98%
 
12
TYPE OF REPORTING PERSON
 
IN
 
 

CUSIP NO. 643611-10-6
13G
Page 3 of 5 Pages
 
Item 1.
(a)    
Name of Issuer:
 
New Concept Energy, Inc.
 
(b)
Address of Issuer’s Principal Executive Offices:
 
1603 LBJ Freeway, Suite 300 Dallas, Texas 75234
 
Item 2.
(a)
Name of Person Filing:
 
Albert Speisman
 
(b)
Address of Principal Business Office or, if None, Residence:
 
P.O. Box 1878
Highland Park, IL. 60035
 
(c) Citizenship:
 
United States of America
 
(d) Title of Class of Securities:
 
Common Stock
 
(e) CUSIP Number:
 
643611-10-6
 
Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:
 
(a)         [   ]             Broker or dealer registered under Section 15 of the Exchange Act.
 
(b)         [   ]             Bank as defined in Section 3(a)(6) of the Exchange Act.
 
(c)         [   ]             Insurance company as defined in Section 3(a)(19) of the Exchange Act.
 
(d)         [   ]             Investment company registered under Section 8 of the Investment Company Act.
 
(e)         [   ]             An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
 
(f)         [   ]             An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
 
(g)         [   ]             A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
 
(h)       [   ]      A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;
 
(i)         [   ]  A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act;
 
(j)     [   ]            Group, in accordance with Rule 13d-1(b)(1)(ii)(J).


CUSIP NO. 643611-10-6
13G
Page 5 of 6 Pages
 
Item 4.
Ownership.
 
   
Albert
Speisman
(a)  
Amount beneficially owned:   194,326
(b)  
Percent of class:  9.98%
(c) 
Number of shares as to which the person has:   
(i) Sole power to vote or to direct the vote:
194,326
 
(ii)
Shared power to vote or to direct the vote: 25,230
 
(iii)
Sole power to dispose or to direct the disposition of: 122,701
   
(iv) Shared power to dispose or to direct the disposition of: 71,625
 
(a)(b)
As of December 31, 2015, Mr. Albert Speisman may be deemed to beneficially own 194,326 shares or 9.98% of the Issuer’s shares as follows: (i) 122,701 shares owned directly by Albert Speisman(Retirement Accounts); (ii) 25,230 shares owned by Albert Speisman & Joyce E. Speisman in Joint Tenancy with rights of Survivorship; (iii) 46,395 shares with Albert Speisman as Trustee, Retirement Account for the benefit of Joyce E. Speisman. Joyce E. Speisman is Albert Speisman’s wife. 
 
Item 5.
Ownership of Five Percent or Less of a Class.
 
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [   ]
 
Not Applicable
 
Item 6.
Ownership of More than Five Percent on Behalf of Another Person.
 
Not Applicable

Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
 
Not applicable
 
Item 8.
Identification and Classification of Members of the Group.
 
Not applicable
 
Item 9.
Notice of Dissolution of Group.
 
Not applicable

CUSIP NO. 643611-10-6
13G
Page 6 of 6 Pages
 
Item 10.
Certification.
 
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
 
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/ Albert Speisman  
  Name: Albert Speisman  
       
    Date: February 8, 2016  
   
Highland Park, IL.