<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-QSB/A
(X) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (D)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the Quarterly period ended July 31, 1996
OR
( ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (D)
OF THE SECURITIES EXCHANGE ACT OF 1939
For the transition period from __________________ To _________________
Commission File Number: 0-28514
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TREASURY INTERNATIONAL, INC.
- -------------------------------------------------------------------------------
(exact name of small business issuer as specified in its charter)
DELAWARE 98-0160284
- -------------------------------- ---------------------
(State or other jurisdiction (I.R.S. Employer
of incorporation or organization identification number)
1181 Finch Ave. West, Unit 21, North York, Ontario M3J 2V8
- -----------------------------------------------------------
(Address of principal executive offices)
Issuer's telephone number, including area code: 416-663-4194 Check whether
------------
the issuer (1) filed all reports required to be filed by section 13 or 15 (d)
of the exchange act during the past 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.
Yes No X
------ ---
Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date.
Common Stock, par value
$.0001 per share 13,973,690
- ----------------------- --------------------
Class
<PAGE>
SIGNATURES
In accordance with the requirements of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereinto
duly authorized.
Dated: December 4, 1996 TREASURY INTERNATIONAL, INC.
BY /s/ JAMES HAL
----------------------------
James Hal, President
BY /s/ HOWARD HALPERN
----------------------------
Howard Halpern, Principal
Financial Officer
2
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EXHIBIT INDEX
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Exhibit No. Description
- ----------- -----------
27 Financial Data Schedule
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
unaudited July 31, 1996 financial statements of Treasury International, Inc. and
is qualified in its entirety by reference to such financial statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JAN-31-1996
<PERIOD-START> FEB-01-1996
<PERIOD-END> JUL-31-1996
<CASH> 191639
<SECURITIES> 0
<RECEIVABLES> 353115
<ALLOWANCES> 0
<INVENTORY> 224605
<CURRENT-ASSETS> 771493
<PP&E> 9875
<DEPRECIATION> 0
<TOTAL-ASSETS> 781368
<CURRENT-LIABILITIES> 37040
<BONDS> 0
0
0
<COMMON> 1397
<OTHER-SE> 742931
<TOTAL-LIABILITY-AND-EQUITY> 781368
<SALES> 277735
<TOTAL-REVENUES> 277735
<CGS> 161297
<TOTAL-COSTS> 161297
<OTHER-EXPENSES> 169133
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> (52695)
<INCOME-TAX> 0
<INCOME-CONTINUING> (52695)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (52695)
<EPS-PRIMARY> (.004)
<EPS-DILUTED> (.004)
</TABLE>
