Form SC 13D Ljh, Ltd.

General statement of acquisition of beneficial ownership

Published: 2019-10-11 13:45:40
Submitted: 2019-10-11
a19-19931_1sc13d.htm SC 13D


 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

 

SCHEDULE 13D

 

 

(Rule 13d-101)

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO

§240.13D-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO

§240.13d-2(a)

 

(Amendment No.     )*

 

SUPERIOR ENERGY SERVICES, INC.

(Name of Issuer)

 

Common Stock, $0.001 par value

(Title of Class of Securities)

 

868157108

(CUSIP Number)

 

David D. Dunlap

President and Chief Executive Officer

Superior Energy Services, Inc.

1001 Louisiana Street, Suite 2900

Houston, Texas 77002

(713) 654-2200

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

 

October 1, 2019

(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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.
o

 

Note:
Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

 

(Continued on following pages)

 

(Page 1 of 6 Pages)

 


*
 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. 868157108

13D

 

 

 

1.

Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only)
LJH, Ltd.

EIN:  75-1492932

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 
o

 

 

(b)

 
o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
PF

 

 

5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) 
   
o

 

 

6.

Citizenship or Place of Organization
Texas

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
20,000,000

 

8.

Shared Voting Power


 

9.

Sole Dispositive Power

20,000,000

 

10.

Shared Dispositive Power

None

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person

20,000,000

 

 

12.

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
  
o

 

 

13.

Percent of Class Represented by Amount in Row (11)

12.77%

 

 

14.

Type of Reporting Person (See Instructions)

PN

 

2


 

CUSIP No. 868157108

13D

 

 

Item 1.  Security and Issuer.

 

The equity securities acquired by the Reporting Person (as defined below in Item 2) are shares of Common Stock, $0.001 par value (“Common Stock”), of Superior Energy Services, Inc., a Delaware corporation (the “Issuer”), whose principal executive office is located at 1001 Louisiana Street, Suite 2900, Houston, Texas 77002.

 

Item 2.  Identity and Background.

 

The entity filing this statement is LJH, Ltd., a Texas limited partnership (the “Reporting Person”).  The Reporting Person is a holding company whose principal executive office is located at 377 Neva Lane, Denison, Texas 75020.

 

The general partner of the Reporting Person is DLH Management, L.L.C., a Texas limited liability company (the “General Partner”), having the same principal executive office as the Reporting Person.  The members and officers of the General Partner are as listed below.

 

Name

 

Position with General Partner

 

 

 

Lacy J. Harber

 

President, Manager and Member

Dorothy L. Harber

 

Vice President, Manager and Member

James M. Harber

 

Vice President

 

No member, manager or officer of the general partner of the Reporting Person beneficially owns any Common Stock.

 

Neither the Reporting Person nor any person listed in this Item 2 has during the last five years (i) been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding 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.

 

All of the officers, managers and members listed in this Item 2 are citizens of the United States of America.

 

Item 3.  Source or Amount of Funds or Other Consideration.

 

From September 26, 2019 to October 7, 2019, the Reporting Person acquired the Common Stock using personal funds.  On October 1, 2019, the Reporting Person acquired sufficient shares of Common Stock so that its total owned and controlled shares of Common Stock exceeded five percent of the issued and outstanding Common Stock of the Issuer, as reported in its most recent quarterly filing with the United States Securities and Exchange Commission.

 

3


 

CUSIP No. 868157108

13D

 

 

Item 4.  Purpose of Transaction.

 

The shares of Common Stock acquired by the Reporting Person have been acquired solely for investment purposes.  The Reporting Person has no present plans to acquire any additional shares of Common Stock or dispose of the Common Stock which it currently holds.

 

Furthermore, the Reporting Person has no plans or proposals to (i) effect an extraordinary transaction with respect to the Issuer or any of its subsidiaries (whether by merger, reorganization or liquidation), (ii) to cause the sale or transfer of a material amount of the assets of the Issuer or any of its subsidiaries, (iii) cause any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board of directors of the Issuer; (iv) cause any material change in the present capitalization or dividend policy of the Issuer, (v) cause any change in the Issuer’s business or corporate structure, (vi) cause the Common Stock to cease trading on the OTC Markets (on which the Common Stock is currently traded) or any other national security exchange or terminate the registration of any class of equity securities of the Issuer, (vii) effect any change in the charter or bylaws of the Issuer or impede the acquisition of control of the Issuer by any person, or (viii) cause any action to occur similar to those enumerated above.

 

Item 5.  Interest in Securities of the Issuer.

 

The Reporting Person owns 20,000,000 shares of the Common Stock (the “Held Common Stock”), which constitutes 12.77% of the total issued and outstanding Common Stock of the Issuer.  The Reporting Person possesses the sole power to vote or to direct the vote of all such Held Common Stock and to direct the disposition of such Held Common Stock.

 

The Reporting Person acquired the Held Common Stock in market transactions from September 26, 2019 to October 7, 2019 as follows:

 

Settlement Date

 

Quantity

 

Price (per share)

 

09/26/19

 

934,840

 

$

0.2048

 

09/26/19

 

65,160

 

$

0.1999

 

09/26/19

 

426,730

 

$

0.1979

 

09/27/19

 

573,270

 

$

0.2041

 

09/30/19

 

500,000

 

$

0.1701

 

10/01/19

 

1,000,000

 

$

0.0961

 

10/01/19

 

3,000,000

 

$

0.0953

 

10/01/19

 

2,500,000

 

$

0.0935

 

10/01/19

 

2,500,000

 

$

0.0929

 

10/01/19

 

1,200,000

 

$

0.0854

 

10/01/19

 

300,000

 

$

0.0850

 

10/01/19

 

1,700,000

 

$

0.0828

 

10/01/19

 

300,000

 

$

0.0793

 

10/02/19

 

200,091

 

$

0.1468

 

10/02/19

 

151,134

 

$

0.1429

 

10/02/19

 

148,775

 

$

0.1349

 

10/04/19

 

857,500

 

$

0.2770

 

10/04/19

 

1,508,000

 

$

0.2494

 

10/07/19

 

340,147

 

$

0.4629

 

10/07/19

 

1,562,535

 

$

0.4277

 

10/07/19

 

231,818

 

$

0.3600

 

 

4


 

CUSIP No. 868157108

13D

 

 

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

 

There are no contracts, arrangements, understandings or relationships (legal or otherwise) among the persons named in Item 2 and between such persons and any person with respect to any securities of the Issuer, including but not limited to the transfer or voting of any such securities, finder’s fees, joint ventures, loan, or the giving or withholding of proxies.

 

Item 7.  Material to be Filed as Exhibits.

 

None

 

5


 

CUSIP No. 868157108

13D

 

 

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.

 

 

LJH, Ltd.

 

 

 

By:

DLH Management, L.L.C.

 

 

its General Partner

 

 

 

 

By:

/s/ James M. Harber

 

 

James M. Harber

 

 

Vice President

 

Dated:  October 11, 2019

 

6


Additional Files
FileSequenceDescriptionTypeSize
0001104659-19-053786.txt   Complete submission text file   95108

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