SEC FORM 3/A SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
PAXTON GREG
(Last) (First) (Middle)
1117 DESERT LANE, SUITE 665
(Street)
LAS VEGAS NV 98102
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
06/07/2001 		3. Issuer Name and Ticker or Trading Symbol
AQUA DYNE INC [ aqdy ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
12/14/2001
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.001 per share 3,875,000(1) I See Note(2)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This Form 3/A is being filed solely to reflect the disposition of 1,125,000 shares of Common Stock on April 6, 2001, which occurred prior to the date of the event requiring the filing of the original Form 3. The disposition of the 1,125,000 shares was in consideration of services rendered in March 2001 pursuant to an agreement entered into on April 6, 2001. The transfer of these shares was effected on July 13, 2004. As of July 13, 2004, Mr. Paxton beneficially owned 1,252,680 shares of Common Stock.
2. Represents stock held by Global Power & Water Inc. Greg Paxton is the beneficial owner of this stock due to his ownership of all the capital stock of Global Power & Water Inc.
/s/ Greg Paxton 07/15/2004
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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