# EDGAR Filing Document

**Accession Number:** 0001267710
**File Stem:** 0001273348-26-000003
**Filing Date:** 2026-1
**Character Count:** 8557
**Document Hash:** 38361c6e72df3514eca6687ac8d4b972
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001273348-26-000003.hdr.sgml**: 20260108

**ACCESSION NUMBER**: 0001273348-26-000003

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260108

**DATE AS OF CHANGE**: 20260108

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** New Concept Energy, Inc.
- **CENTRAL INDEX KEY:** 0000105744
- **STANDARD INDUSTRIAL CLASSIFICATION:** CRUDE PETROLEUM & NATURAL GAS [1311]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 752399477
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-38763
- **FILM NUMBER:** 26519382

**BUSINESS ADDRESS:**
- **STREET 1:** 1603  LBJ  FREEWAY
- **STREET 2:** SUITE 800
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75234
- **BUSINESS PHONE:** 9724078400

**MAIL ADDRESS:**
- **STREET 1:** 1603  LBJ  FREEWAY
- **STREET 2:** SUITE 800
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75234

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CabelTel International Corp
- **DATE OF NAME CHANGE:** 20050211

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GREENBRIAR CORP
- **DATE OF NAME CHANGE:** 19960514

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MEDICAL RESOURCE COMPANIES OF AMERICA
- **DATE OF NAME CHANGE:** 19920703
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** REALTY ADVISORS INC
- **CENTRAL INDEX KEY:** 0001267710

**ORGANIZATION NAME:**
- **EIN:** 752332715
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** 1603 LBJ FREEWAY
- **STREET 2:** SUITE 300
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75234
- **BUSINESS PHONE:** 469-522-4200

**MAIL ADDRESS:**
- **STREET 1:** 1603 LBJ FREEWAY
- **STREET 2:** SUITE 300
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75234

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

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 6)**

**New Concept Energy, Inc.**

*(Name of Issuer)*

**common stock, par value $0.01 per share**

*(Title of Class of Securities)*

**643611106**

*(CUSIP Number)*

**Erik L. Johnson**<br>1603 LBJ Freeway,<br>Suite 800<br>Dallas TX 75234<br>469-522-4200

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**08/28/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **643611106** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**REALTY ADVISORS INC** | Name of reporting person<br>**REALTY ADVISORS INC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**NEVADA** | Citizenship or place of organization<br>**NEVADA** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**400000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**400000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**400000.00** | Aggregate amount beneficially owned by each reporting person<br>**400000.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**7.8%** | Percent of class represented by amount in Row (11)<br>**7.8%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

| **CUSIP No.** | **643611106** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**May Realty Holdings, Inc.** | Name of reporting person<br>**May Realty Holdings, Inc.** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**NEVADA** | Citizenship or place of organization<br>**NEVADA** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**400000.00** | Aggregate amount beneficially owned by each reporting person<br>**400000.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**7.8%** | Percent of class represented by amount in Row (11)<br>**7.8%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

**Comment for Reporting Person:** May Realty Holdings, Inc is the 100% owner of all the outstanding stock of Realty advisors, Inc., and in turn, May Realty Holdings, Inc. is owned by a trust established for the benefit of the children of Gene E. Phillips, deceased, known as the "May Trust."

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
common stock, par value $0.01 per share

**(b) Name of Issuer:**
New Concept Energy, Inc.

**(c) Address of Issuer's Principal Executive Offices:**
1603 LBJ FREEWAY, SUITE 800, DALLAS, TX, 75234

**Item 4. Purpose of Transaction**

RAI has no present plans or proposals which would result in any of (b) through (j) above, but RAI is available to consider any proposal to dispose of Shares at attractive prices.

**Item 5. Interest in Securities of the Issuer**

**(a)**
5,131,935 Shares of common stock, par value $0.01 per share of the Issuer are believed to be issued and outstanding, of which RAI owns 400,000 Shares (7.79433% of the outstanding).

**(b)**
400,000 Shares are owned by RAI which has the sole power to direct the vote or to dispose of such 400,000 Shares.

**(c)**
On August 28, 2025, RAI sold 246,254 Shares of the Issuer to RFA Portfolio, Inc., a Nevada corporation for $1.15 per Share cash (a total of $293,192.10), in a privately negotiated transaction.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

none

### 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.

**Reporting Person:** REALTY ADVISORS INC

**Signature:** Realty Advisors, Inc.

**Name/Title:** Eric L. Johnson, President

**Date:** 01/02/2026

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.

**Reporting Person:** May Realty Holdings, Inc.

**Signature:** May Realty Holdings, Inc.

**Name/Title:** Gina H. Kay, Vice President and Treasurer

**Date:** 01/02/2026