Washington, D.C. 20549

George Risk Industries, Inc.

(Name of Issuer)

Class A Common Stock, $.10 par value

(Title of Class of Securities)

767720204

(CUSIP Number)

December 31, 2009

(Date of Event Which Requires Filing of this Statement)

 

 

CUSIP No.		767720204

*SEE INSTRUCTIONS BEFORE FILLING OUT

**SEE ITEM 4(b).

CUSIP No.		767720204

*SEE INSTRUCTIONS BEFORE FILLING OUT

**SEE ITEM 4(b).

CUSIP No.		767720204

*SEE INSTRUCTIONS BEFORE FILLING OUT

**SEE ITEM 4(b).

CUSIP No.		767720204

*SEE INSTRUCTIONS BEFORE FILLING OUT

**SEE ITEM 4(b).

CUSIP No.		767720204

*SEE INSTRUCTIONS BEFORE FILLING OUT

**SEE ITEM 4(b).

SCHEDULE 13G/A

This Amendment No. 2 to Schedule 13G (this “Schedule 13G”) relates to shares of Class A Common Stock, $0.10 par value (“Common Stock”), of George Risk Industries, Inc., a Colorado corporation (the “Issuer”), and is being filed on behalf of (i) Braeside Capital, L.P. (“Braeside Capital”), a Texas limited partnership, (ii) Braeside Management, L.P. (“Braeside Management”), a Texas limited partnership, as the general partner of Braeside Capital, (iii) Braeside Investments, LLC (“Braeside Investments”), a Texas limited liability company, as the general partner of Braeside Management and the investment manager to a certain managed account (the “Managed Account”), (iv) Steven McIntyre, as a principal of Braeside Investments, and (v) Todd Stein, as a principal of Braeside Investments (the persons mentioned in (i), (ii), (iii), (iv) and (v) are collectively referred to herein as the “Reporting Persons”). All shares of Common Stock are held by Braeside Capital and the Managed Account.

Item 1(a)		Name of Issuer.
		George Risk Industries, Inc.
Item 1(b)		Address of Issuer’s Principal Executive Offices.
		802 South Elm St. Kimball, NE 69145
Item 2(a)		Name of Person Filing.
		(i) Braeside Capital, L.P. (“Braeside Capital”), (ii) Braeside Management, L.P. (“Braeside Management”), (iii) Braeside Investments, LLC (“Braeside Investments”), (iv) Steven McIntyre and (v) Todd Stein.
Item 2(b)		Address of Principal Business Office, or, if none, Residence.
		5430 LBJ Freeway, Suite 1200 Dallas, Texas 75240.
Item 2(c)		Citizenship or Place of Organization.
		Braeside Capital and Braeside Management are Texas limited partnerships. Braeside Investments is a Texas limited liability company. Mr. McIntyre and Mr. Stein are United States citizens.
Item 2(d)		Title of Class of Securities.
		Class A Common Stock, $0.10 par value (the “Common Stock”).

Item 2(e)		CUSIP Number.
		767720204
Item 3		If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

	(a)	o	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
	(b)	o	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
	(c)	o	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
	(d)	o	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
	(e)	þ	An investment advisor in accordance with §240.13d-1(b)(1)(ii)(E).
	(f)	o	An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F).
	(g)	o	A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).
	(h)	o	A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).
	(i)	o	A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3).
	(j)	o	Group, in accordance with §240.13d-1(b)(1)(ii)(J).

Item 4		Ownership.

	(a)		Braeside Capital and Braeside Management may be deemed the beneficial owners of 248,858 shares of Common Stock held by Braeside Capital. Braeside Investments, Mr. McIntyre and Mr. Stein may be deemed the beneficial owners of 258,058 shares of Common Stock held by Braeside Capital and the Managed Account.
	(b)		Braeside Capital and Braeside Management may be deemed the beneficial owners of 4.9% of the outstanding shares of Common Stock. Braeside Investments, Mr. McIntyre and Mr. Stein may be deemed the beneficial owners of 5.1% of the outstanding shares of Common Stock. These percentages were calculated by dividing (i) the number of shares of Common Stock reported in Item 4(a) held by each of the respective Reporting Persons by (ii) 5,073,084, the number of shares of Common Stock issued and outstanding as of December 21, 2009, as reported in the Issuer’s Form 10-Q filed on December 21, 2009 with the Securities and Exchange Commission.
	(c)		Braeside Capital and Braeside Management have the power to vote and dispose of the 248,858 shares of Common Stock held by Braeside Capital. Braeside Investments, Mr. McIntyre and Mr. Stein have the power to vote and dispose of the 258,058 shares of Common Stock held by Braeside Capital and the Managed Account.

Item 5		Ownership of Five Percent or Less of a Class.
		Solely with respect to Braeside Capital and Braeside Management:
		If this statement is being filed to report the fact that as of the date hereof Braeside Capital and Braeside Management have ceased to be the beneficial owners of more than five percent of the class of securities, check the following þ.
Item 6		Ownership of More Than Five Percent on Behalf of Another Person.
		Inapplicable.
Item 7		Identification and Classification of the Subsidiary which Acquired the Security Being Reported On by the Parent Holding Company.
		Inapplicable.
Item 8		Identification and Classification of Members of the Group.
		Inapplicable.
Item 9		Notice of Dissolution of Group.
		Inapplicable.
Item 10		Certification.
		By signing below each of the Reporting Persons certifies that, to the best of such person’s knowledge and belief, the securities referred to above were acquired and held in the ordinary course of business and were not acquired and were not held for the purpose of or with the effect of changing or influencing 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.
Exhibits		Exhibit 1
		Joint Filing Agreement by and among the Reporting Persons.

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.

Date: January 26, 2010