UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K/A1
[ X ] ANNUAL REPORT PURSUANT TO SECTION 13
OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [FEE REQUIRED]
For the fiscal year ended June 30, 1996
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION
13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]
For the transition period from ___________ to __________
Commission file number: 0-28168
JJFN SERVICES, INC.
(Exact name of registrant as specified in its charter)
Delaware 11-3289981
(State or other jurisdiction (I.R.S. Employer
of incorporation or organization) Identification Number)
2500 Military Trail North
Suite 220
Boca Raton, FL 33631
(Address of principal executive offices)
(407) 995-0043
(Registrant's telephone number, including area code
Securities registered pursuant to Section 12(b) of the Act: None
Securities registered pursuant to Section 12(g) of the Act: Common, $.001 par
value
(Title of class)
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 of such filing requirements for the past 90 days.
Yes X No
Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K is not contained herein, and will not be contained,
to the best of the Registrant's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this
Form 10-K or any amendment to this Form 10-K. [ ]
State the aggregate market value of the voting stock held by non-affiliates
of the Registrant. The aggregate market value shall be computed by
reference to the price at which the stock was sold, or the average bid
and asked prices of such stock, as of a specified date within 60 days
prior to the date of filing. $27,825,000 at July 15 , 1996
Indicate the number of shares outstanding of each of the Registrant's
classes of common stock, as of the latest practicable date. 15,959,990
shares as of July 15, 1996.
List hereunder the following documents if incorporated by reference and
the Part of the Form 10-K (e.g., Part I, Part II, etc.) into which the
document is incorporated: (1) Any annual report to security holders; (2)
Any proxy or information statement; and (3) Any prospectus filed pursuant
to Rule 424(b) or (c) under the Securities Act of 1933. The listed
documents should be clearly described for identification purposes (e.g.,
annual report to security holders for fiscal year ended December 24, 1980).
None
<PAGE>
Exhibit Index to Annual Report on Form 10-K for the Fiscal Year End June 30,
1996.
EXHIBITS
EX-27 Financial Data Schedule
<PAGE>
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange act of 1934, the Registrant has duly caused this report to be
signed on its behalf by the undersigned thereunto duly authorized.
JJFN SERVICES, INC.
(Registrant)
Dated: August 29, 1996 By/s/Susan Schlapkohl
President and Chief Executive Officer
By/s/John P. Kushay
Chief Financial Officer and
Chief Accounting Officer
Pursuant to the requirements of the Securities Exchange Act of 1934, this
report has been signed below by the following persons on behalf of the
Registrant and in the capacities and on the dates indicated.
Dated: August 29, 1996 /s/Susan Schlapkohl
Director
Dated: August 29, 1996 /s/Samuel G. Weiss
Director
Dated: August 29, 1996 /s/Joan E. Kushay
Director
Dated: August 29, 1996 /s/John P. Kushay
Director
Dated: August 29, 1996 /s/Janice Rufo
Director
Dated: August 29, 1996 /s/Ralph Wilson
Director
Services, Inc.
Financial Data Schedules
As of June 30, 1996 and the period November 2, 1996 through June 30, 1996
Article 5 of Regulation S-X
This schedule contains summary financial information extracted from the
condensed consolidated financial statements file with Form 10K for the
year ended June 30, 1996 and is qualified in its entirety by reference
to such financial statements.
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> JUN-30-1996
<PERIOD-END> JUN-30-1996
<CASH> 966,391
<SECURITIES> 1,462,500
<RECEIVABLES> 278,500
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 41,000
<PP&E> 11,681,292
<DEPRECIATION> 113,765
<TOTAL-ASSETS> 15,437,543
<CURRENT-LIABILITIES> 571,381
<BONDS> 0
0
4,000
<COMMON> 15,960
<OTHER-SE> 8,038,282
<TOTAL-LIABILITY-AND-EQUITY> 15,437,543
<SALES> 1,123,507
<TOTAL-REVENUES> 1,123,507
<CGS> 702,421
<TOTAL-COSTS> 702,421
<OTHER-EXPENSES> 692,935
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> (184,953)
<INCOME-TAX> 0
<INCOME-CONTINUING> (184,953)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (184,953)
<EPS-PRIMARY> (0)
<EPS-DILUTED> 0
</TABLE>
