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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
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MultiMedia Access Corporation
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
6254 44 10 4
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(CUSIP Number)
February 24, 1999
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(Date of Event Which Requires Filing of this Statement)
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 the disclosures provided in a prior cover page.
The information required in 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).
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CUSIP No. 6254 44 10 4 PAGE 2 OF 5 PAGES
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(1) NAMES OF REPORTING PERSONS.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Adkins Family Partnership, Ltd.
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(See Instructions) (b) / /
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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(5) SOLE VOTING POWER
NUMBER OF 649,224
SHARES --------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY 0
EACH --------------------------------------------------
REPORTING (7) SOLE DISPOSITIVE POWER
PERSON 649,224
WITH: --------------------------------------------------
(8) SHARED DISPOSITIVE POWER
0
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
649,224
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(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
/ /
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(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.4%
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(12) TYPE OF REPORTING PERSON
IN
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CUSIP No. 6254 44 10 4 PAGE 3 OF 5 PAGES
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ITEM 1.
(a) Name of Issuer
MultiMedia Access Corporation, a Delaware corporation (the "Company")
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(b) Address of Issuer's Principal Executive Offices
2665 Villa Creek Drive, Suite 200, Dallas, Texas 72534
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ITEM 2.
(a) Name of Person Filing:
Adkins Family Partnership, Ltd.
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(b) Address of Principal Business Office or, if none, Residence:
1601 Elm Street, Suite 3000, Dallas, Texas 75201
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(c) Citizenship:
United States
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(d) Title of Class of Securities:
Common Stock
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(e) CUSIP No.:
6254 44 10 4
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Item 3. If this statement is filed pursuant to Rule 13d-1(b) or Rule
13d-2(b) or (c), check whether the person filing is a:
(a) / / Broker or dealer registered under section 15 of the Act
(15 U.S.C. 78o).
(b) / / Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) / / Insurance company as defined in section 3(a)(19) of the Act
(15 U.S.C. 78c).
(d) / / Investment company registered under section 8 of the Investment
Company Act of 1940 (15 U.S.C. 80a-8).
(e) / / An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f) / / An employee benefit plan or endowment fund in accordance with
Rule 13d-1(b)(1)(ii)(F);
(g) / / A parent holding company or control person in accordance with
Rule 13d-1(b)(1)(ii))G);
(h) / / A savings association as defined in section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813);
(i) / / A church plan that is excluded from the definition of an investment
company under section 3(c)(14) of the Investment Company Act of 1940
(15 U.S.C. 80a-3);
(j) / / Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check this box. /X/
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CUSIP No. 6254 44 10 4 PAGE 4 OF 5 PAGES
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Item 4. Ownership
(a) Amount beneficially owned:
649,224
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(b) Percent of class:
5.4%
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The calculation of the percentage of beneficial ownership of the
Company's Common Stock is based upon 12,133,595 shares outstanding on
March 22, 1999, as reported in the Company's most recent Quarterly Report
on Form 10-KSB, filed March 26, 1999.
Item 4(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
649,224
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(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:
649,224
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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.
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following. / /
Item 6. Ownership of More than Five Percent on Behalf of Another Person
Not Applicable.
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
Item 10(a) Not Applicable.
Item 10(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 or influencing the
control of the issuer of the securities and were not
acquired and are not held in connection with or a a
participant in any transaction having that purpose or
effect.
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CUSIP No. 6254 44 10 4 PAGE 5 OF 5 PAGES
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SIGNATURE
After reasonable inquiry and to the best of the undersigned's knowledge
and belief, the undersigned certifies that the information set forth in this
Filing is true, complete and correct.
ADKINS FAMILY PARTNERSHIP, LTD.
March 31, 1999 /s/ M. Douglas Adkins
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By: M. Douglas Adkins
Title: General Partner
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