UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* GREENBRIAR CORPORATION --------------------------------------------------------------- (Name of Issuer) Common Stock, Par Value $0.01 --------------------------------------------------------------- (Title of Class of Securities) 393648 40 7 --------------------------------------------------------------- (CUSIP Number) December 31, 2003 --------------------------------------------------------------- (Date of Event which Requires Filing of this Settlement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [ X ] Rule 13d-1(c) [ ] Rule 13d-1(d) *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). SCHEDULE 13G CUSIP NO. 393648 40 7 Page 2 of 4 (1) Name of Reporting Person Gene S. Bertcher I.R.S. Identification Nos. of Above Persons (entities only) (2) Check the Appropriate Box if a (a) [ ] Member of a Group (see instructions) (b) [ ] (3) SEC Use Only (4) Citizenship or Place of Organization USA Number of Shares (5) Sole Voting Power 72,421 Beneficially (6) Shared Voting Power 0 Owned by Each Reporting Person (7) Sole Dispositive Power 72,421 with: (8) Shared Dispositive Power 0 (9) Aggregate Amount Beneficially Owned 72,421 by Each Reporting Person (10) Check if the Aggregate Amount in [ ] Row (9) Excludes Certain Shares (see instructions) (11) Percent of Class Represented by 6.6% Amount in Row (9) (12) Type of Reporting Person (see instructions) IN CUSIP NO. 393648 40 7 Page 3 of 4 Item 1. (a) Name of Issuer: Greenbriar Corporation (b) Address of Issuer's Principal Executive Offices: 14185 Dallas Parkway, Suite 650 Dallas, TX 75254 Item 2. (a) Name of Person Filing: Gene S. Bertcher (b) Business Address: 14185 Dallas Parkway, Suite 650 Dallas, TX 75254 (c) Citizenship: USA (d) Title of Class of Securities: Greenbriar Corporation Common Stock (e) CUSIP Number: 393648 40 7 Item 3. Not applicable Item 4. OWNERSHIP (a) Amount beneficially owned: 72,421 shares (b) Percent of class: 6.6% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 72,421 shares. (ii) Shared power to vote or to direct the vote 0. (iii) Sole power to dispose or to direct the disposition of 72,421 shares. (iv) Shared power to dispose or to direct the disposition of 0. Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS Not applicable CUSIP NO. 393648 40 7 Page 4 of 4 Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON Not applicable Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY Not applicable. Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP Not applicable. Item 9. NOTICE OF DISSOLUTION OF GROUP Not applicable. Item 10. CERTIFICATION (a) Not applicable (b) By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. After reasonable inquiry and to the best of my information and belief, I certify that the information set forth in this statement is true, complete, and correct. Date: January 5, 2004 By:/s/ GENE S. BERTCHER ------------------------- Gene S. Bertcher