SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No.1)*
Medix Resources, Inc.
(formerly International Nursing Services, Inc.)
(Name of Issuer)
COMMON STOCK
(Title Class of Securities)
585011 10 9
(CUSIP Number)
LYLE B. STEWART, ESQ., LYLE B. STEWART, P.C.
3751 S. QUEBEC STREET, DENVER, COLORADO 80237, (303) 267-0920
(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
February 18,1998
(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-l(b)(3) or (4), check the following
box [ ].
* The remainder of this cover page shall be filled out for a reporting
person's initial filing or initial EDGAR 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 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).
SCHEDULE 13D
(1) NAME OF REPORTING PERSON AND S.S. OR I.R.S. IDENTIFICATION
NO. OF ABOVE PERSON:
JOHN PETER YEROS
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
a. __
b. __
(3) SEC USE ONLY:
(4) SOURCE OF FUNDS: PF
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e):
__
(6) CITIZENSHIP OR PLACE OF ORGANIZATION: U.S. Citizen
NUMBER OF SHARES BENEFICIAL OWNED BY REPORTING PERSON WITH:
(7) SOLE VOTING POWER : 1,366,313 shares, of which 1,236,313 shares
are deemed beneficially owned because
the reporting person holds options
and other rights that would permit
him to acquire such shares within
the next 60 days
(8) SHARED VOTING POWER: 0
(9) SOLE DISPOSITIVE POWER: 1,366,313 shares, of which 1,236,313
shares are deemed beneficially owned
because the reporting person holds options
and other rights that would permit him to
acquire such shares within the next 60 days
(10) SHARED DISPOSITIVE POWER: 0
(11) AGGREGATE AMOUNT
BENEFICIALLY OWNED BY
REPORTING PERSON: 1,366,313 shares, of which 1,236,313
shares are deemed beneficially owned
because the reporting person holds options
and other rights that would permit him to
acquire such shares within the next 60 days
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
__
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
6.4% of Issuer' s outstanding Common Stock
(14) TYPE OF REPORTING PERSON: IN
Item 1. Security and Issuer.
---------------------
This statement relates to shares of the Common Stock ("Common Stock"), par
value of $.001 per share, of Medix Resources, Inc., a Colorado corporation
formerly named International Nursing Services, Inc. (the "Issuer").
Beneficial ownership reported herein includes Common Stock issuable upon the
exercise of stock options and warrants issued to the reporting person by the
Issuer. The Issuer maintains its principal executive offices at 360 South
Garfield Street, Suite 400, Denver, Colorado 80209-3136.
Item 2. Identity and Background.
-------------------------
(a) - (c) This statement is filed by John P. Yeros (the "Reporting
Person"). His business address is 360 South
Garfield Street, Suite 400, Denver, Colorado 80209-3136.
The principal occupation of the Reporting Person is President and
Chief Executive Officer of the Issuer.
(b) During the last five years, the Reporting Person has not been
convicted in any criminal proceeding (excluding
traffic violations or similar misdemeanors).
(e) During the last five years, the Reporting Person has not been a
party to any civil proceeding of a judicial or
administrative body of competent jurisdiction as a result of
which he 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.
(f) The Reporting Person is a citizen of the United States.
Item 3. Source and Amount of Funds or Other Consideration.
--------------------------------------------------------
If the Reporting Person exercises any of the options and warrants that have
been granted to the Reporting Person as part of his compensation by
the Issuer, he will use personal funds
Item 4. Purpose of Transaction.
------------------------
The Reporting Person has acquired and may acquire Common Stock from time to
time for personal investment purposes.
Item 5. Interest in Securities of the Issuer.
-----------------------------------------
(a) See items (11) and (13) on page 2 of this Schedule 13D.
(b) See items (7) through (10) on page 2 of this Schedule 13D.
(c) None
(d) None
(e) Not applicable
Item 6. Contracts, Arrangements, Understandings or Relationships with
-------------------------------------------------------------
Respect to Securities of the Issuer.
------------------------------------
None, other than standard stock option agreements and warrant agreements
between the Issuer and the Reporting
Person.
Item 7. Material Filed as Exhibits. None
-------------------------------
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.
Date: February 24, 1998
/s/ John P. Yeros
- --------------------
John P. Yeros
