SC 13G 1 lucas_13g.htm SCHEDULE 13G
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. ________)*

LUCAS ENERGY, INC.

 

(Name of Issuer)

COMMON STOCK

 

(Title of Class of Securities)

549333201

 

(CUSIP Number)

March 5, 2014

 

(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o Rule 13d-1(b)
x Rule 13d-1(c)
o 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).

 
 

CUSIP No. 549333201

 13G

Page 2 of 9 Pages

               
1.   NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

LONG FOCUS CAPITAL MANAGEMENT, LLC		    
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a)    x
(b)    o		    
3.   SEC USE ONLY
 		    
4.   CITIZENSHIP OR PLACE OF ORGANIZATION
 
DELAWARE, USA		    

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH

      
5.   SOLE VOTING POWER
 
0
6.   SHARED VOTING POWER
 
1,300,000
7.   SOLE DISPOSITIVE POWER
 
0
8.   SHARED DISPOSITIVE POWER
 
1,300,000
         
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

1,300,000		    
10.   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see instructions)    ¨		    
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

4.336%		    
12.   TYPE OF REPORTING PERSON (see instructions)

OO		    
 
 

CUSIP No. 549333201

 13G

Page 3 of 9 Pages

               
1.   NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

LONG FOCUS CAPITAL, LLC		    
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a)    x
(b)    o		    
3.   SEC USE ONLY
 		    
4.   CITIZENSHIP OR PLACE OF ORGANIZATION
 
DELAWARE, USA		    

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH

      
5.   SOLE VOTING POWER
 
0
6.   SHARED VOTING POWER
 
1,300,000
7.   SOLE DISPOSITIVE POWER
 
0
8.   SHARED DISPOSITIVE POWER
 
1,300,000
         
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

1,300,000		    
10.   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see instructions)    ¨		    
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

4.336%		    
12.   TYPE OF REPORTING PERSON (see instructions)

OO		    

 
 

CUSIP No. 549333201

 13G

Page 4 of 9 Pages

               
1.   NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

CONDAGUA, LLC		    
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a)    x
(b)    o		    
3.   SEC USE ONLY
 		    
4.   CITIZENSHIP OR PLACE OF ORGANIZATION
 
DELAWARE, USA		    

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH

      
5.   SOLE VOTING POWER
 
0
6.   SHARED VOTING POWER
 
1,378,168
7.   SOLE DISPOSITIVE POWER
 
0
8.   SHARED DISPOSITIVE POWER
 
1,378,168
         
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

1,378,168		    
10.   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see instructions)    ¨		    
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

4.597%		    
12.   TYPE OF REPORTING PERSON (see instructions)

OO		    
 
 

CUSIP No. 549333201

 13G

Page 5 of 9 Pages

               
1.   NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

JOHN B. HELMERS		    
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a)    x
(b)    o		    
3.   SEC USE ONLY
 		    
4.   CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA		    

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH

      
5.   SOLE VOTING POWER
 
0
6.   SHARED VOTING POWER
 
2,678,168
7.   SOLE DISPOSITIVE POWER
 
0
8.   SHARED DISPOSITIVE POWER
 
2,678,168
         
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

2,678,168		    
10.   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see instructions)    ¨		    
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

8.933%		    
12.   TYPE OF REPORTING PERSON (see instructions)

IN		    

 
 

CUSIP No. 549333201

 13G

Page 6 of 9 Pages

               
1.   NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

A. GLENN HELMERS		    
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a)    x
(b)    o		    
3.   SEC USE ONLY
 		    
4.   CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA		    

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH

      
5.   SOLE VOTING POWER
 
0
6.   SHARED VOTING POWER
 
2,678,168
7.   SOLE DISPOSITIVE POWER
 
0
8.   SHARED DISPOSITIVE POWER
 
2,678,168
         
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

2,678,168		    
10.   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see instructions)    ¨		    
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

8.933%		    
12.   TYPE OF REPORTING PERSON (see instructions)

IN		    

 
 

CUSIP No. 549333201

 13G

Page 7 of 9 Pages

Item 1.

  (a) Name of Issuer
Lucas Energy, Inc.
     
  (b)

Address of Issuer’s Principal Executive Offices
3555 Timmons Lane

Suite 1550

Houston, Texas 77027

Item 2.

  (a)

Name of Person Filing

The Reporting Persons are:

Long Focus Capital Management, LLC, a Delaware single member limited liability company;

Long Focus Capital, LLC, a Delaware single member limited liability company;

Condagua, LLC, a Delaware single member limited liability company;

John B. Helmers, a United States citizen; and

A. Glenn Helmers, a United States citizen. 

     
  (b)

Address of the Principal Office or, if none, residence
PMB 426, 1357 Ashford Avenue

San Juan, PR 00907

     
  (c) Citizenship
  USA
     
  (d)

Title of Class of Securities
Common Stock, $0.001 par value (the “Common Stock”) 

     
  (e) CUSIP Number
549333201
     

Item 3.  If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-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 §240.13d-1(b)(1)(ii)(E);
       
  (f) ¨ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
       
  (g) ¨ A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
       
  (h) ¨ A savings associations 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 §240.13d-1(b)(1)(ii)(J).
       
 
 

CUSIP No. 549333201

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Page 8 of 9 Pages

Item 4.  Ownership.

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

         
  (a)   A. Glenn Helmers is the beneficial owner of 2,678,168 shares of Common Stock held by Long Focus Capital, LLC, and Condagua, LLC. Long Focus Capital Management, LLC, and John B. Helmers may be deemed to beneficially own the 1,300,000 shares of Common Stock held by the Long Focus Capital, LLC, as the investment adviser and the managing member of the investment adviser, respectively. John B. Helmers may be deemed to beneficially own the 1,378,168 shares of Common Stock held by Condagua, LLC, as the authorized trader of Condagua, LLC.
         
  (b)  

The beneficial ownership of 8.933% is based on the 29,981,181 outstanding shares of Common Stock of the Issuer, as disclosed on the Issuer’s 10-Q filed with the SEC on February 13, 2014. 

         
  (c)   Long Focus Capital Management, LLC, John B. Helmers, and A. Glenn Helmers may direct the vote and disposition of the 1,300,000 shares of Common Stock held by Long Focus Capital, LLC. John B. Helmers and A. Glenn Helmers may direct the vote and disposition of the 1,378,168 shares of Common Stock held by Condagua, LLC.

 

Instruction. For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).

 

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     ¨.

 

Instruction. Dissolution of a group requires a response to this item.

 

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.

 

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 as a participant in any transaction having that purpose or effect.

 

 
 

CUSIP No. 549333201

 13G

Page 9 of 9 Pages

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: March 14, 2014

  LONG FOCUS CAPITAL, LLC
   
  /s/ A. Glenn Helmers
  Signature
   
  A. Glenn Helmers, Managing Member
  Name/Title
   
  CONDAGUA, LLC
   
  /s/ A. Glenn Helmers
  Signature
   
  A. Glenn Helmers, Managing Member
  Name/Title
   
  LONG FOCUS CAPITAL MANAGEMENT, LLC
   
  /s/ John B. Helmers
  Signature
   
  John B. Helmers, Managing Member
  Name/Title
   
  A. GLENN HELMERS
   
  /s/ A. Glenn Helmers
  Signature
   
  JOHN B. HELMERS
   
  /s/ John B. Helmers
  Signature