U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
AMENDMENT NO. 1 TO
FORM 10-QSB
Quarterly report under Section 13 or 15(d) of the Securities Exchange Act of
1934
For the quarterly period ended June 30, 1996
Commission File Number 33-98694-NY
BUTTERFLY TECHNOLOGY, INC.
(Name of Small Business Issuer as Specified in Its Charter)
Nevada
11-3276768
(State or Other Jurisdiction of (IRS Employer Incorporation or
Organization) Identification No.)
63 Wall Street, Suite 1801, New York, NY 10005
(Address of Principal Executive Offices)
(212) 344-1600
(Issuer's Telephone Number, Including Area Code)
(Former Name, Former Address and Former Fiscal Year, if Changed
Since Last Report)
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 x No
The number of shares outstanding of the issuer's common stock, as of June 30,
1996 was: 16,500
The purpose of this Amendment is to add a Financial Data
Schedule.<PAGE>BUTTERFLY TECHNOLOGY, INC.
FORM 10-QSB
June 30, 1996
INDEX
Item 6. Exhibits and Reports on Form 8-K
Financial Data Schedule
<PAGE> Item 6. Exhibit 27 - Financial Data Schedule
<PAGE>
SIGNATURES
In accordance with the requirements of the Securities Exchange Act of 1934,
the registrant caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
BUTTERFLY TECHNOLOGY, INC.
By: Oleg Lagutenko
Oleg Lagutenko, President
Dated: 2/27/97 Oleg Lagutenko
Oleg Lagutenko, President, Director
Dated: 2/27/97 Melvyn S. Aronoff
Melvyn S. Aronoff, Secretary, Director
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the June 30,
1996 unaudited financial statements and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> JUN-30-1996
<CASH> 3,377
<SECURITIES> 0
<RECEIVABLES> (15)
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 5,517
<PP&E> 0
<DEPRECIATION> 0
<TOTAL-ASSETS> 24,987
<CURRENT-LIABILITIES> 2,987
<BONDS> 0
0
0
<COMMON> 17
<OTHER-SE> 0
<TOTAL-LIABILITY-AND-EQUITY> 24,987
<SALES> 0
<TOTAL-REVENUES> 0
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> 0
<INCOME-TAX> 0
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 0
<EPS-PRIMARY> 0
<EPS-DILUTED> 0
</TABLE>
