<SEC-DOCUMENT>0001214659-25-000127.txt : 20250103
<SEC-HEADER>0001214659-25-000127.hdr.sgml : 20250103
<ACCEPTANCE-DATETIME>20250103160853
ACCESSION NUMBER:		0001214659-25-000127
CONFORMED SUBMISSION TYPE:	SCHEDULE 13D/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250103
DATE AS OF CHANGE:		20250103

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			New Concept Energy, Inc.
		CENTRAL INDEX KEY:			0000105744
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		ORGANIZATION NAME:           	01 Energy & Transportation
		IRS NUMBER:				752399477
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-38763
		FILM NUMBER:		25506112

	BUSINESS ADDRESS:	
		STREET 1:		1603  LBJ  FREEWAY
		STREET 2:		SUITE 800
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75234
		BUSINESS PHONE:		9724078400

	MAIL ADDRESS:	
		STREET 1:		1603  LBJ  FREEWAY
		STREET 2:		SUITE 800
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75234

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CabelTel International Corp
		DATE OF NAME CHANGE:	20050211

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GREENBRIAR CORP
		DATE OF NAME CHANGE:	19960514

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MEDICAL RESOURCE COMPANIES OF AMERICA
		DATE OF NAME CHANGE:	19920703

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			REALTY ADVISORS INC
		CENTRAL INDEX KEY:			0001267710
		ORGANIZATION NAME:           	
		IRS NUMBER:				752332715
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D/A

	BUSINESS ADDRESS:	
		STREET 1:		1603 LBJ FREEWAY
		STREET 2:		SUITE 300
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75234
		BUSINESS PHONE:		469-522-4200

	MAIL ADDRESS:	
		STREET 1:		1603 LBJ FREEWAY
		STREET 2:		SUITE 300
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75234
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13D" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13D/A</submissionType>
    <previousAccessionNumber>0001010549-21-000047</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: REALTY ADVISORS INC -->
          <cik>0001267710</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>5</amendmentNo>
      <securitiesClassTitle>Common Stock, par value $0.01 per share</securitiesClassTitle>
      <dateOfEvent>12/20/2024</dateOfEvent>
      <previouslyFiledFlag>false</previouslyFiledFlag>
      <issuerInfo>
        <issuerCIK>0000105744</issuerCIK>
        <issuerCUSIP>643611106</issuerCUSIP>
        <issuerName>NEW CONCEPT ENERGY, INC.</issuerName>
        <address>
          <com:street1>1603 LBJ FREEWAY</com:street1>
          <com:street2>SUITE 800</com:street2>
          <com:city>DALLAS</com:city>
          <com:stateOrCountry>TX</com:stateOrCountry>
          <com:zipCode>75234</com:zipCode>
        </address>
      </issuerInfo>
      <authorizedPersons>
        <notificationInfo>
          <personName>Steven C. Metzger</personName>
          <personPhoneNum>214-740-5030</personPhoneNum>
          <personAddress>
            <com:street1>4709 W. Lovers Lane, Suite 200</com:street1>
            <com:city>Dallas</com:city>
            <com:stateOrCountry>TX</com:stateOrCountry>
            <com:zipCode>75209-3178</com:zipCode>
          </personAddress>
        </notificationInfo>
      </authorizedPersons>
    </coverPageHeader>
    <reportingPersons>
      <reportingPersonInfo>
        <reportingPersonCIK>0001267710</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>REALTY ADVISORS INC</reportingPersonName>
        <fundType>WC</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>646254.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>646254.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>646254.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>17.46</percentOfClass>
        <typeOfReportingPerson>CO</typeOfReportingPerson>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonNoCIK>Y</reportingPersonNoCIK>
        <reportingPersonName>MAY REALTY HOLDINGS, INC.</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>NV</citizenshipOrOrganization>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>646254.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>12.59</percentOfClass>
        <typeOfReportingPerson>CO</typeOfReportingPerson>
      </reportingPersonInfo>
    </reportingPersons>
    <items1To7>
      <item1>
        <securityTitle>Common Stock, par value $0.01 per share</securityTitle>
        <issuerName>NEW CONCEPT ENERGY, INC.</issuerName>
        <issuerPrincipalAddress>
          <com:street1>1603 LBJ FREEWAY</com:street1>
          <com:street2>SUITE 800</com:street2>
          <com:city>DALLAS</com:city>
          <com:stateOrCountry>TX</com:stateOrCountry>
          <com:zipCode>75234</com:zipCode>
        </issuerPrincipalAddress>
        <commentText>This Amendment No. 5 to Statement on Schedule 13D (this AAmendment@) amends portions of an original Statement on Schedule 13D, filed for event occurring on May 18, 2018 (the AOriginal Statement@), as amended by Amendments No. 1 through 4 thereto, and relates to shares of Common Stock, par value $0.01 per share (the AShares@), of New Concept Energy, Inc., a Nevada corporation (the ACompany@ or the AIssuer@ or AGBR@). Since October 15, 2018, the principal executive offices of the Issuer have been located at 1603 LBJ Freeway, Suite 800, Dallas, Texas 75234. The CUSIP number of the Shares is 643611-10-6. The Shares are currently listed and traded on the NYSE American Exchange. This Amendment is being filed to reflect sale of a total of 250,000 Shares (4.87% of outstanding) on December 20, 2024, in a privately negotiated transaction by one of the Reporting Persons.</commentText>
      </item1>
      <item2>
        <filingPersonName>This Amendment is being filed on behalf of Realty Advisors, Inc., a Nevada corporation ("RAI").  RAI is owned by May Realty Holdings, Inc., a Nevada  corporation  ("MRHI"), which, in turn, is owned by a trust established for the benefit of the children of Gene E. Phillips, deceased, known as the May Trust.  RAI and MRHI are collectively referred to as the "Reporting Persons", the principal office of each of which is located at 1603 LBJ Freeway, Suite 800, Dallas, Texas 75234.  The sole director and President of both RAI and MRHI is Mickey Ned Phillips, the only other officer of RAI is Gina H. Kay, Vice President and Treasurer, and the officers of MRHI are Gina H. Kay, Vice President and Treasurer, and Louis J. Corna, Vice President and Secretary. All of the officers and directors of RAI and MRHI are U. S. citizens.</filingPersonName>
        <principalBusinessAddress>The principal office of both  RAI  and MRHI is  located at 1603 LBJ Freeway, Suite 800, Dallas, Texas 75234.</principalBusinessAddress>
        <principalJob>Both Reporting Persons are engaged in the business of ownership and operation of real estate and related assets, including ownership of securities of other entities, both publicly held and private.</principalJob>
        <hasBeenConvicted>During the past five years, none of the Reporting Persons nor any officer or director of RAI or MRHI has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), nor has any such person been a party to a civil proceeding of a judicial 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.</hasBeenConvicted>
        <convictionDescription>During the past five years, none of the Reporting Persons nor any officer or director of RAI or MRHI has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), nor has any such person been a party to a civil proceeding of a judicial 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.</convictionDescription>
        <citizenship>Each of RAI and MRHI is a Nevada corporation.   All of the officers and directors of RAI and MRHI are U. S. citizens.</citizenship>
      </item2>
      <item3>
        <fundsSource>Not applicable; the transactions reported under Item 5 (c) were sales for cash.  No funds were required of the Reporting Persons.</fundsSource>
      </item3>
      <item4>
        <transactionPurpose>There is no change in the purposes from that previously reported.</transactionPurpose>
      </item4>
      <item5>
        <percentageOfClassSecurities>According to the latest information available as of October 28, 2024, the total number of  issued and outstanding Shares is believed to be 5,131,935 Shares, and each of the Reporting Persons owns and holds directly the following Shares as of December 20, 2024 after giving effect to the transaction described in Item 5(c) below:  Name No. of Shares Owned Directly Approximately Percent of Class RAI     646,254                                      12.59% MRHI -0-                                               -0-% TOTAL 646,254                                      12.59%.   Pursuant to Rule 13d-3 under the Exchange Act,  the sole director of RAI may be deemed to beneficially own the Shares held directly by RAI. Those individuals and the number of Shares deemed beneficially owned pursuant to Rule 13d-3 and the approximate percent of class, as well as the relationship, are set forth in the following table as of December 20, 2024:   Name of Director or Manager  Entity               No. of Shares Beneficially Owned  Approximate Entity Percent of Class  Mickey Ned Phillips                   RAI and MRHI 646,254                                              12.59%  Total Shares deemed beneficially owned by Reporting Persons and individuals listed above: 646,254   12.59%</percentageOfClassSecurities>
        <numberOfShares>The director of RAI holds voting and dispositive power over the Shares held directly by RAI.  Mickey Ned Phillips, the sole director of RAI, holds voting and dispositive power over any Shares held directly by RAI.</numberOfShares>
        <transactionDesc>During the sixty calendar days ended December 20, 2024, the Reporting Persons and their executive officers and directors did not engage in any transaction in the Shares or any other equity interest derivative thereof, except for (i) the sale of 248,681 Shares on October 31, 2024, in a privately negotiated transaction with a single purchaser at $1.17 per share (a total of $290,956.77) in cash and (ii) the sale of 250,000 Shares on December 20, 2024, in a privately negotiated transaction with a separate single purchaser at $1.16 per share (a total of $290,000) in cash, both of which sales are at prices less than the price originally paid to the Issuer by RAI on November 26, 2018.</transactionDesc>
        <listOfShareholders>No person other than the Reporting Persons or members of their respective Boards of Directors is known to have the right to receive or the power to direct receipt of dividends from, or the proceeds of sale of, the Shares of GBR held by any of the Reporting Persons.</listOfShareholders>
        <date5PercentOwnership>Not applicable.</date5PercentOwnership>
      </item5>
      <item6>
        <contractDescription>The Reporting Persons do not have any contracts, arrangements, understandings or relationships, legal or otherwise, with any person with respect to any securities of the Issuer, including, but not limited to, transfer or voting of any of the securities, finders= fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, divisions of profits or losses, or the giving or withholding of proxies.</contractDescription>
      </item6>
      <item7>
        <filedExhibits>None.</filedExhibits>
      </item7>
    </items1To7>
    <signatureInfo>
      <signaturePerson>
        <signatureReportingPerson>REALTY ADVISORS INC</signatureReportingPerson>
        <signatureDetails>
          <signature>Gina H. Kay</signature>
          <title>Vice President and Treasurer</title>
          <date>01/02/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>MAY REALTY HOLDINGS, INC.</signatureReportingPerson>
        <signatureDetails>
          <signature>Gina H. Kay</signature>
          <title>Vice President and Treasurer</title>
          <date>01/02/2025</date>
        </signatureDetails>
      </signaturePerson>
    </signatureInfo>
  </formData>

</edgarSubmission>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
