/ / Check this box if no longer U.S. SECURITIES AND EXCHANGE COMMISSION
subject to Section 16. Form 4
or Form 5 obligations may Washington, D.C. 20549
continue
See Instruction 1(b). STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person to
Reporting Person* Issuer (Check all applicable)
Dunes Hotels and Casinos Inc.
__ Director X 10% Owner
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(Last) (First) (Middle) 3. IRS or Social 4. Statement for __ Officer __ Other
Security Month/Year (give title (specify below)
Number of Reporting below)
General Financial Person (Voluntary) May 2001
Services, Inc.
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(Street) 5. If Amendment, Date 7. Individual or Joint/Group Filing
of Original (Check applicable line)
(Month/Year) ___ Form filed by One Reporting
8441 E. 32nd Street N Person
X Form filed by More than One
--- Reporting Person
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(City) (State) (Zip) Table 1 - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned.
Wichita, KS 67226
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1. Title of Security 2. Trans- 3. Trans- 4. Securities 5. Amount of 6. Ownership 7. Nature
(Instr. 3) action action Acquired (A) Securities Form: of Indirect
date: Code or Disposed of (D) Beneficially Direct Beneficial
(Instr.8) (Instr. 3, 4 and 5) Owned at (D) or Ownership
End of Mth Indirect (Instr. 4)
(Month/ (Instr. 3 (I)
Day/ and 4) (Instr.4)
Year)
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Code V Amount (A) or Price
(D)
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Common Stock 04/11/01 P 100 A $1.00 D(2)
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Common Stock 04/19/01 P 200 A $1.00 D(2)
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Common Stock 1,003,309 I(1) By GFS Acquisi-
tion Company, Inc.
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Common Stock 3,000,300 D(2)
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Series B Preferred Stock 05/04/01 P 1,973 A $75.00 2,093 D(2)
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* If the Form is filed by more than one Reporting Person, see instruction 4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
(Print or Type Responses)
PAGE 1 OF 2 PAGES
(Table Continued)
FORM 4 (continued) Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
==================================================================================================================================
1.Title of 2.Conver- 3.Trans- 4.Trans- 5.Number 6.Date Exerci- 7.Title and 8.Price 9.Number 10.Owner- 11.Nature
Deriva- sion or action action of Deriv- sable and Amount of of of Deri- ship of In-
tive Exercise Date Code ative Expiration Underlying Deriva- vative Form of direct
Security Price of (Month/ (Instr. Securi- Date (Month/ Securities tive Securi- Deriv- Bene-
(Ins. 3) Deriv- Day/ 8) ties Day/Year) (Instr. 3 Security ties Bene- ative ficial
ative Year) Acquired and 4) (Instr. ficially Security; Owner-
Security (A) or 5) Owned at Direct ship
Disposed End of (D) or (Instr.
of (D) Month Indirect 4)
(Instr. 3, (Instr. (I)
4, and 5) 4) (Instr.
4)
---------------------------------------------------
Code V (A) (D) Date Expira-
Exer- tion
cisable Date
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==================================================================================================================================
Explanation of Responses: (1) The 1,003,309 shares of common stock are owned by GFS Acquisition Company, Inc. ("GFS Acquisition").
General Financial Services, Inc. ("GFS") is the sole stockholder of GFS Acquisition. Mr. Miller is the sole director and an officer
of GFS Acquisition. GFS beneficially owns the 1,003,309 shares of common stock directly owned by GFS Acquisition as a result of
its ownership of GFS Aquisition. Steve Miller beneficially owns the 1,003,309 shares of common stock owned by GFS Acquisition as a
result of his ownership of GFS and his position as the sole director and an officer of GFS and GFS Acquisition.
(2) The 3,000,300 shares of common stock and 2,093 shares of Series B Preferred Stock are owned directly by GFS. Steve Miller is the
sole stockholder and director and is an officer of GFS and as a result beneficially owns the shares of common stock and Series B
Preferred Stock owned by GFS.
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
/s/ Steve K. Miller June 11, 2001
-------------------------------------------------------- -----------------
Steve K. Miller Date
GENERAL FINANCIAL SERVICES, INC.
/s/ Steve K. Miller June 11, 2001
By: ---------------------------------------------------- -----------------
Steve K. Miller Date
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
PAGE 2 OF 3 PAGES
Form 4
Reporting Person
General Financial Services, Inc.
Date of Event Requiring Statement
May 2001
Issuer Name
Dunes Hotels and Casinos Inc.
List of Other Joint Filers
Names and Addresses
Steve K. Miller; 8441 E. 32nd Street N, Wichita, KS 67226
PAGE 3 of 3 PAGES