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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. N/A )*
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Million Dollar Saloon, Inc., a Nevada Corporation
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(Name of Issuer)
Common Stock ($0.01 par value)
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(Title of Class of Securities)
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(CUSIP Number)
Linda Weaver, 12805 Williams Court, Oklahoma City, OK 73152
Telephone: 405-752-1746
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
March 20, 1998
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(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 / /.
NOTE: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) 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).
(Continued on following page(s))
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CUSIP No. 13D Page 1 of 1 Pages
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(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
Linda Weaver
SSN: ###-##-####
See also, Exhibit "A" attached containing special instruction information.
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(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) /X/
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(3) SEC Use Only
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(4) Source of Funds*
PF
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(5) Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e)
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(6) Citizenship or Place of Organization
United States Citizen
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Number of Shares (7) Sole Voting
Beneficially Owned Power 600,000
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting
Power N/A
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(9) Sole Dispositive
Power 600,000
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(10) Shared Dispositive
Power N/A
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(11) Aggregate Amount Beneficially Owned by Each Reporting Person
600,000
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(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares*
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(13) Percent of Class Represented by Amount in Row (11)
11.1% (600,000 of 5,409,451 issued shares of subject class).
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(14) Type of Reporting Person*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
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Page of Pages
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ITEM 1. SECURITY AND ISSUER
The issuer is Million Dollar Saloon, Inc., a Nevada corporation
(hereafter, "the Corporation") whose principal offices are: 6848 Greenville
Avenue, Dallas, Texas 75231.
The title of the class of equity securities to which this statement
relates is the common stock of the Corporation, having a par value of $0.01.
ITEM 2. IDENTITY AND BACKGROUND
The person filing this statement is a natural person, not a member of a
group.
(a) NAME: Linda Weaver
(b) RESIDENCE OR BUSINESS ADDRESS:
12805 Williams Court
Oklahoma City, Oklahoma 73142
(c) PRESENT PRINCIPAL OCCUPATION, ETC.
Self-employed (personal investments).
(d) WHETHER OR NOT, DURING THE LAST FIVE YEARS, SUCH PERSON HAS BEEN
CONVICTED IN A CRIMINAL PROCEEDING, ETC.:
No.
(e) WHETHER OR NOT, DURING THE LAST FIVE YEARS, SUCH PERSON WAS A PARTY
TO A CIVIL PROCEEDING ... AND AS A RESULT OF SUCH PROCEEDING WAS OR
IS (ENJOINED FROM) ... ACTIVITIES SUBJECT TO FEDERAL OR STATE
SECURITIES LAWS, ETC.
No.
(f) CITIZENSHIP: United States Citizen.
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ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
The source of funds were personal funds of Linda Weaver. The purchase
price of the 600,000 shares of common stock subject to this statement was the
sum of $600,000.
ITEM 4. PURPOSE OF TRANSACTION
The purpose of this transaction was for personal investment. The
purchaser did not purchase these securities with any present intent for
resale, although ultimate sale of some or all the subject securities (under
restrictions imposed by Rule 144, promulgated under the Securities Act of
1933, as amended) may ultimately occur in the regular course of investment.
For further response to the enumerated possibilities ("a" through "j")
of Item 4), the purchaser states that under the terms of the acquisition
agreement, she will purchase an additional 400,000 shares of the same class
as reported herein on or before July 15, 1998, at the purchase price of $1.10
per share, and at which time she will file a first amendment to this
statement. Further, under the terms of the purchase the purchaser has an
option, which she may exercise at her sole discretion, to purchase an
additional One Million (1,000,000) shares of the same class of stock for the
agreed amount of $1.25 per share. If purchaser does exercise such option,
further amendment will be made to this statement. Note: this paragraph
response is made to Item 4.a.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
RESPONSE TO SUBPART (a): Purchaser, Linda Weaver, purchased 600,000 shares of
issued stock out of a total number of issued shares of that class of
5,409,451, which resulted in purchaser receiving and holding 11.1% of
that class.
RESPONSE TO SUBPART (b): Purchaser, Linda Weaver, has and maintains the sole
power to vote or direct the vote, and has the sole power to dispose of
or to direct the disposition of the 600,000 shares which are the subject
of this statement.
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RESPONSE TO SUBPART (c): N/A
RESPONSE TO SUBPART (d): N/A
RESPONSE TO SUBPART (e): N/A
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
None.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Purchaser does not believe that there exist any agreement(s) as described
in Item 7, which would need to be attached as exhibits.
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. These answers have been prepared with the assistance of counsel:
Gary W. Gardenhire, 629 24th Ave. S.W., Norman, OK 73069.
March 30, 1998
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(Date
/s/ Linda Weaver
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(Signature)
LINDA WEAVER, Purchaser
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(Name/Title)
