- --------------
FORM 3
- --------------
U. S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section
17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the
Investment Company Act of 1940
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
1. Name and Address of 2. Date of Event Requiring 4. Issuer Name and Ticker or Trading Symbol
Reporting Person* Statement (Month/Day/Year)
June 3, 1999 Dunes Hotels & Casinos Inc.
- ------------------------------------------------------------------------------------------------------------------------------------
(Last) (First) (Middle) 3. IRS or Social Security Number 5. Relationship of Reporting Person to 6. If Amendment, Date of
of Reporting Person Issuer (Check all applicable) Original
(Month/Day/Year)
GFS Acquisition Company, Inc. (Voluntary)
__ Director X 10% Owner
__ Officer __ Other
(give title below) (specify below)
- ------------------------------------ -------------------------
(Street) 7. Individual or Joint/
Group Filing (Check
8441 E. 32nd Street N applicable line)
__ Form filed by One
Reporting Person
X Form filed by More
than One Reporting
Person
- -----------------------------------------------------------------------------------------------------------------------------------
(City)(State)(Zip) Table 1 - Non-Derivative Securities Beneficially Owned
Wichita, KS 67226
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1. Title of Security 2. Amount of 3. Ownership 4. Nature of Indirect
Securities Form: Direct Beneficial Ownership
Beneficially Owned (D) or Indirect (Instr. 5)
(Inst. 4) (I) (Instr. 5)
- -----------------------------------------------------------------------------------------------------------------------------------
Common Stock 3,100,000 D (1)
- -----------------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
* If the Form is filed by more than one Reporting Person, see instruction 5(b)(v). Reminder: Report on aline for each class of
securities beneficially owned directly or indirectly. (Print or Type Responses)
PAGE 1 OF 3 PAGES
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FORM 3 (cont'd.) Table II - Derivative Securities Beneficially Owned (e.g.,
puts, calls, warrants, options, convertible securities)
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
1. Title of 2. Date exer- 3. Title and 4. Conver- 5. Ownership 6. Nature of
Derivative cisable and Amount of sion or Form of Indirect
Security Expiration Securities Exercise Derivative Beneficial
(Inst. 4) Date (Month/ Underlying Price of Security: Ownership
Day/Year) Derivative Derivative Direct (d) (Instr. 5)
Security Security or Indirect
(Inst. 4) (I) (Instr.
5)
-----------------------------------------
Date Expira- Amount
Exer- tion Title or Number
cisable Date of Shares
- -----------------------------------------------------------------------------------------------------------------------------------
- -------------------------- --------------------------------------------------------------
- -------------------------- --------------------------------------------------------------
- -------------------------- --------------------------------------------------------------
- -------------------------- --------------------------------------------------------------
- -------------------------- --------------------------------------------------------------
- -------------------------- --------------------------------------------------------------
- -------------------------- --------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
Explanation of Responses: (1) The Reporting Person is wholly owned by General
Financial Services, Inc. ("GFS"). GFS is wholly owned by Steve K. Miller, who is
the sole director and officer of GFS and the Reporting Person. GFS beneficially
owns the 3,100,000 shares of Common Stock directly owned by the Reporting Person
by virtue of GFS's ownership of the Reproting Person and Steve K. Miller
beneficially owns the 3,100,000 shares of Common Stock owned by the Reporting
Person by virtue of his ownership of GFS and his position as the sole officer
and director of GFS and the Reporting Person.
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations
See 18 U.S.C. 1001 and 15 U.S.C.78ff(a).
GFS ACQUISITION COMPANY, INC. June 14, 1999
-------------------
Date
By:
--------------------------------
Steve K. Miller, President
GENERAL FINANCIAL SERVICES, INC. June 14, 1999
--------------------
Date
By:
--------------------------------
Steve K. Miller, President
------------------------------------- June 14, 1999
Steve K. Miller --------------------
Date
Note: File three copies of this Form, one of which must be manually signed. If
space provided is insufficient, See Instruction 6 for procedure.
</TABLE>
PAGE 2 OF 3 PAGES
<PAGE>
Form 3;
Reporting Person - GFS Acquisition Company, Inc.
Date of Event Requiring Statement - June 3,1999
Issuer Name - Dunes Hotels & Casinos Inc.
List of Other Joint Filers
Names and Addresses
General Financial Services, Inc.; 8441 E. 32nd Street N, Wichita, KS 67226
Steve K. Miller; 8441 E. 32nd Street N, Wichita, KS 67226
PAGE 3 OF 3 PAGES