UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 0)*
RUSHMORE FINANCIAL GROUP,INC.
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(Name of Issuer)
Common Stock, Par Value $0.01
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(Title of Class of Securities)
782055 10 7
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(CUSIP Number)
July 15, 1999
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(Date of Event which Requires Filing of this Settlement)
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
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).
<PAGE>
SCHEDULE 13G
CUSIP No.782055 10 7 Page 2 of 5 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
John A. Vann
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4
CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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5 SOLE VOTING POWER
550,000
Number of -------------------------------------------------------
Shares 6 SHARED VOTING POWER
Beneficially
Owned by - 0 -
Each
Reporting -------------------------------------------------------
Person 7 SOLE DISPOSITIVE POWER
With
550,000
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8 SHARED DISPOSITIVE POWER
-0-
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
550,000
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
15.5%
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12 TYPE OF REPORTING PERSON*
IN
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<PAGE>
Item 1.
(a) Name of Issuer:
Rushmore Financial Group, Inc.
(b) Address of Issuer's Principal Executive Offices:
13355 Noel Road, Suite 650
Dallas, TX 75240
Item 2.
(a) Name of Person Filing: John A. Vann
(b) Business Address: 1800 Preston Park Blvd.
Plano, Texas 75093
(c) Citizenship: USA
(d) Title of Class of Securities: Rushmore Financial Group, Inc.
Common Stock
(e) CUSIP Number 782055 10 7
Item 3. Not applicable
Item 4. Ownership
(a) Amount benerficially owned: 550,000 shares
(b) Percent of class: 15.5%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote 550,000 shares. (Registrant
has agreed for a period of three years to vote his shares to elect
himself and D.M. Moore, Jr. as directors of the Issuer)
(ii) Shared power to vote or to direct the vote 0.
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(iii) Sole power to dispose or to direct the disposition of 550,000 shares.
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(iv) Shared power to dispose or to direct the disposition of 0.
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Item 5. Ownership of Five Percent or Less of a Class
Not applicable
Item 6. Ownership of More Than Five Percent on Behalf of Another Person
Not applicable
<PAGE>
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported On By the Parent Holding Company
Not applicable.
Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group
Not applicable.
Item 10. Certification
(a) Not applicable
(b) 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 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.
After reasonable inquiry and to the best of my information and belief,
I certify that the information set forth in this statement is true, complete,
and correct.
July 20, 1999 /s/ John A. Vann
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Date John A. Vann
