UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 50549
Form 10-QSB/A
Amendment No. 1
Quarterly Report Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
For the quarterly period ended: March 31, 1996
Commission File Number:0-9352
Gibbs Construction, Inc.
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(Exact name of Small Business Issuer as specified in its charter)
Texas 75-2095676
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(State or other jurisdiction of (I.R.S. Employer Identification Number)
incorporation or organization)
1855 Wall Street, Garland, Texas 75044 75044
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(Address of principal executive offices) (Zip Code)
(214) 278-3433
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(Registrant's telephone number, including area code)
Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days. [ X ] Yes [ ] No
Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date: 4,000,000
<PAGE>
This Form 10-QSB/A amends Part II, Item 6(a) of the Registrant's Quarterly
Report on Form 10-QSB for the Fiscal Quarter ended March 31, 1996 to include
Exhibit 27, the Financial Data Schedule required by Item 601(c) of Regulation
S-K and Rule 401 of Regulation S-T
In accordance with the requirements of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned, thereunto duly
authorized.
Gibbs Construction, Inc.
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Date: August 12, 1996
/s/Danny R. Gibbs
----------------------------------------------------
Danny R. Gibbs, President and Chief Financial
Officer
<PAGE>
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> MAR-31-1996
<CASH> 75,573
<SECURITIES> 24,183
<RECEIVABLES> 4,017,161
<ALLOWANCES> 0
<INVENTORY> 109,104
<CURRENT-ASSETS> 4,713,841
<PP&E> 9,776,619
<DEPRECIATION> 474,025
<TOTAL-ASSETS> 14,256,906
<CURRENT-LIABILITIES> 8,596,646
<BONDS> 10,009,988
0
0
<COMMON> 4,210,326
<OTHER-SE> 0
<TOTAL-LIABILITY-AND-EQUITY> 14,256,906
<SALES> 6,804,744
<TOTAL-REVENUES> 7,713,346
<CGS> 8,349,583
<TOTAL-COSTS> 8,907,064
<OTHER-EXPENSES> 33,533
<LOSS-PROVISION> 1,227,251
<INTEREST-EXPENSE> 33,533
<INCOME-PRETAX> (1,227,251)
<INCOME-TAX> (402,171)
<INCOME-CONTINUING> (825,080)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (825,080)
<EPS-PRIMARY> (0.21)
<EPS-DILUTED> (0.21)
</TABLE>
