SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
FLOTEK INDUSTRIES, INC.
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(Name of Issuer)
COMMON STOCK, $0.0001 PAR VALUE PER SHARE
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(Title of Class of Securities)
343389 10 2
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(CUSIP Number)
Robert S. Beall
5300 Miramar Lane
Colleyville, Texas 76034
(817) 545-7938
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
December 24, 2002
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(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 that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box
[ ].
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of Above Persons (Entities Only)
Robert S. Beall
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2. Check the Appropriate Box If a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
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3. SEC Use Only
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4. Source of Funds
PF
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5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to Item
2(d) or 2(e). [ ]
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6. Citizenship or Place of Organization
United States
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Number of Shares 7. Sole Voting Power
Beneficially Owned By 493,810
Each Reporting Person
With
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8. Shared Voting Power
0
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9. Sole Dispositive Power
493,810
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10. Shared Dispositive Power
0
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11. Aggregate Amount Beneficially Owned by Each Reporting Person
493,810
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12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
[ ]
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13. Percent of Class Represented by Amount in Row (11)
8.9%
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14. Type of Reporting Person
IN
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Item 1. Security and Issuer
This Statement relates to the Common Stock, $0.0001 par value per share of
Flotek Industries, Inc., a Delaware corporation (the "Company"). The principal
executive offices of the Company are located at 7030 Empire Central Drive,
Houston, Texas 77040.
Item 2. Identity and Background
(a) This Statement is filed by Robert S. Beall.
(b) Robert S. Beall resides at 5300 Miramar Lane, Colleyville, Texas
76034.
(c) Mr. Beall is a director of the Company and is employed by R. S. Beall
Investment, Inc.
(d) Mr. Beall has not been convicted in a criminal proceeding during the
last five years (excluding traffic violations or similar
misdemeanors).
(e) During the past five years, Mr. Beall was not a party to a civil
proceeding of a judicial or administrative body of competent
jurisdiction as a result of which Mr. Beall 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) Mr. Beall is a citizen of the United States.
Item 3. Source and Amount of Funds or Other Consideration
No change.
Item 4. Purpose of Transaction
No change, except to disclose the following transaction since the
filing of the original Schedule 13D on November 14, 2001:
On December 24, 2002, Mr. Beall acquired 200,000 shares of the
Company's common stock from Mr. Glenn Penny, President and Director
of the Company, for $0.50 per share using personal funds of
Mr. Robert S. Beall, a Director of the Company.
Item 5. Interest in Securities of the Issuer
(a) Because of the acquisition of shares Mr. Beall is now the direct
beneficial owner of 493,810 shares, or approximately 8.9% of the
5,521,670 shares of common stock of the Company that were issued and
outstanding on December 24, 2002.
(b) No change
(c) No change, except to disclose the following transaction since the
filing of the original Schedule 13D on November 14, 2001:
On December 24, 2002, Mr. Beall acquired 200,000 shares of the
Company's common stock for $0.50 per share.
Except as disclosed herein, there have been no transactions in
securities of the Issuer during the past sixty days.
(d) No change.
(e) No change.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer.
No change.
Item 7. Material to be Filed as Exhibits.
None
SIGNATURES
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.
Dated: February 14, 2003
/s/ Robert S. Beall
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Robert S. Beall