UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
FieldPoint Petroleum Corporation
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
316570-10-0
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(CUSIP Number)
Delray Trust
3606 Belle Grove
Sugarland, Texas 77479
(281) 980-1116
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
August 15, 2000
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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 [ ].
Check the following box if a fee is being paid with the statement [ ]. (A fee is
not required only if the reporting person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
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))
Page 1 of 4 Pages
<PAGE>
CUSIP NO. 316570-10-0 Page 2 of 4 Pages
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(1) NAME OF REPORTING PERSON, S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Delray Trust
Federal Employer Identification No. 65-6145574
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER (a) [ ]
OF A GROUP* (b) [ ]
Not Applicable
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(3) SEC USE ONLY
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(4) SOURCE OF FUNDS*
00
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(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e)
[ ]
Not Applicable
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(6) CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
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NUMBER OF SHARES (7) SOLE VOTING POWER - 624,928
BENEFICIALLY OWNED ----------------------------------------
BY EACH REPORTING (8) SHARED VOTING POWER - 0
PERSON WITH ----------------------------------------
(9) SOLE DISPOSITIVE POWER - 624,928
----------------------------------------
(10) SHARED DISPOSITIVE POWER - 0
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(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
624,928
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(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
Not Applicable [ ]
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(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.5%
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(14) TYPE OF REPORTING PERSON*
00
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<PAGE>
Page 3 of 4 Pages
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Item 1. SECURITY AND ISSUER
The class of securities to which this statement relates is common
stock, par value $.01 per share (the "Common Stock"), of FieldPoint Petroleum
Corporation, a Colorado corporation (the "Company"). The address of the
principal executive offices of the Company is 1703 Edelweiss Drive, Cedar Park,
Texas 78613.
Item 2. IDENTITY AND BACKGROUND
(a)-(c) Delray Trust (3606 Belle Grove, Sugarland, Texas 77479)
(d)-(f) The entity referred to above is a Trust formed under the laws
of the State of Florida, USA. The Trustee of the Trust is Gernell Bradley.
During the last five years, neither the Trust nor the Trustee has been convicted
in any criminal proceeding (exluding traffic violations or similar misdemeanors)
nor have they been a party to a civil proceeding of a judicial or administrative
body of competent jurisdiction.
Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Funds were derived form Trust corpus.
Item 4. PURPOSE OF TRANSACTION
The shares were acquired for investment purposes.
Item 5. INTEREST IN SECURITIES OF THE ISSUER
In the last 60 days, shareholder effected the following transactions in
the shares (list below):
Date of Transaction Nature of Transaction No. of Shares Price/Share
------------------- --------------------- ------------- -----------
07/26/00 Disposed 25,000 N/A
08/14/00 Disposed 25,000 N/A
08/15/00 Acquired 55,000 N/A
According to the Company's Form 10-QSB/A filed with the Securities and
Exchange Commission for the quarter ended August 31, 2000, there were a total of
6,581,925 shares issued and outstanding. As of the date hereof, the Trust has
the sole power to vote 624,928 shares. This total represents 9.5% of the total
shares outstanding as of such date.
Item 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.
None.
Item 7. MATERIALS TO BE FILED AS EXHIBITS
N/A
<PAGE>
Page 4 of 4 Pages
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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.
Dated: August 28, 2000 THE DELRAY TRUST
By: /s/ Gernell Bradley
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Gernell Bradley, Manager
