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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 10-C
REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ INTER-DEALER
QUOTATION SYSTEM FILED PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 AND RULES 13a-17 AND 15d-17 THEREUNDER
ALL-COMM MEDIA CORPORATION
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(Exact Name of Issuer as Specified in Charter)
400 Corporate Pointe, Suite 780, Culver City, California 90230
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(Address of Principal Executive Offices)
(310) 342-2800
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(Issuer's Telephone Number, Including Area Code)
I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of five percent or more in the
number of shares outstanding:
1. Title of security Common stock
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2. Number of shares outstanding before the change 3,486,734
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3. Number of shares outstanding after the change 3,186,734*
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* Calculated at $2.50 conversion price, as discussed below.
4. Effective date of change June 7, 1996
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5. Method of change:
Specify method (such as merger, acquisition, exchange, distribution,
stock split, reverse split, acquisition of stock for treasury, etc.)
Acquisition of preferred stock for treasury
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Give brief description of transaction On June 7, 1996, the Company
reaquired 10,000 shares of Series A convertible preferred stock for $800,000.
The convertible preferred stock was convertible into common shares of the
Company at the price paid of $750,000 divided by $2.50, or 80% of the closing
bid price of the Company's common stock for the five trading days immediately
prior to the conversion date, and was subject to certain restrictions.
II. CHANGE IN NAME OF ISSUER
1. Name prior to change _________________________________________________
2. Name after change ____________________________________________________
3. Effective date of charter amendment changing name ____________________
4. Date of shareholder approval of change, if required __________________
Date June 7, 1996 /s/ Scott Anderson
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Scott Anderson, Chief Financial
Officer
10C-1
