LA INVESTMENT ASSOCIATES INC
10QSB/A, 2000-06-01
NON-OPERATING ESTABLISHMENTS
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                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                 FORM 10-QSB/A-1

                                   (Mark One)

          [ X ] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                  For the quarterly period ended March 31, 2000
                                  -------------

            [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
                            THE EXCHANGE ACT OF 1934

                        For the transition period from to

                                  -------------

                        Commission File Number 000-27949
                                   ----------


                         LA INVESTMENT ASSOCIATES, INC.
                          ----------------------------
        (Exact name of small business issuer as specified in its charter)

              Nevada                                     88-0406903
              ------                                     ----------
  (State or other jurisdiction                 (IRS Employer Identification No.)
of incorporation or organization)

                       2949 East Desert Inn Road, Suite 1
                             Las Vegas, Nevada 89121
                             -----------------------
                     (Address of principal executive office)

                                 (702) 914-6092
                                  -------------
                           (Issuer's telephone number)

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 [ ]

State number of shares outstanding of each of the issuer's classes of common
equity as of the latest practicable date. As of March 31, 2000, 5,255,000 shares
of the registrant's $.001 par value common stock were issued and outstanding.

            Transmittal Small Business Disclosure Format (check one):

                                Yes [ X ] No [ ]

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This amendment to the Quarterly Report on form 10-QSB of LA Investment
Associates, Inc., (the "Company"), for the fiscal quarter ended March 31, 2000
amends and modifies the Form 10-QSB as follows:

Corrections on Cover Page:

State of Incorporation:

The cover page on the Form 10-QSB incorrectly stated that the State or other
jurisdiction of incorporation was Florida. The correct State of incorporation
for LA Investment Associates, Inc. is Nevada.

Par Value of Stock:

The cover page on the Form 10-QSB incorrectly stated the Company's stock had no
par value. The correct par value for the Company's stock is $.001 per share.

Corrections in section PART II, ITEM 2.  CHANGES IN SECURITIES:

PART II, ITEM 2 was incorrect when it stated that:

In March 2000, the Company sold 10,000 shares of its Common Stock for $10,000.

PART II, ITEM 2 is hereby corrected to read as follows:

The Company sold a total of 145,000 restricted shares in the Company at $1.00
per share during the first quarter of 2000 as follows:

Date                         Number of Shares              Purchaser
----                         ----------------              ---------
February 2, 2000             50,000                        James Emerson
February 2, 2000             50,000                        Tony Castaldi
February 25, 2000            20,000                        Ron Coletta
March 18, 2000               15,000                        Christina Murphy
March 18, 2000               10,000                        John Hampton

The sale was exempt from registration under the Securities Act of 1933, as
amended (the "Act") by reason of Section 4(2) of the Act as a transaction by an
issuer not involving a public offering. The shares issued in the transaction are
restricted securities under the Act.

<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, thereunto duly
authorized.

LA Investment Associates, Inc.

Date: May 30, 2000

/s/  Randall Prouty
-------------------
President, Secretary, and Director




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