<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-QSB/A
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QUARTERLY REPORT UNDER SECTION 13 OR 15 (d) OF THE
SECURITIES EXCHANGE ACT OF 1934
FOR THE QUARTERLY PERIOD ENDED JANUARY 31, 1997
Commission File No. 0-10061
AMERICAN VANTAGE COMPANIES.
(Exact name of small business issuer as specified in its charter)
Nevada 04-2709807
(State or other jurisdiction of (I.R.S. Employer Identification
incorporation or organization) No.)
6787 W. Tropicana, Ste 200, Las Vegas, Nevada 89103
(Address of principal executive offices) (Zip Code)
(702) 227-9800
(Registrant's telephone number, including area code)
AMERICAN CASINO ENTERPRISES, INC.
(Former name, former address & former fiscal year, if changed since last
report)
Check 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 to such filing requirements for the past
90 days.
Yes X No
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State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date: Common Stock, $.01 Par Value,
14,867,958 shares at March 14, 1997.
Transitional Small Business Disclosure Format Yes No X
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SIGNATURES
In accordance with the requirements of the Exchange Act, the Registrant
has caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
AMERICAN VANTAGE COMPANIES
Dated: July 20, 1998 By: /s/ Ronald J. Tassinari
Las Vegas, Nevada ---------------------------------
Ronald J. Tassinari
President
(Principal Executive Officer)
By: /s/ Roy K. Keefer
---------------------------------
Roy K. Keefer
(Chief Financial Officer and
Accounting Officer)
<TABLE> <S> <C>
<ARTICLE> 5
<RESTATED>
<MULTIPLIER> 1
<CURRENCY> US DOLLARS
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1996
<PERIOD-END> JAN-31-1997
<EXCHANGE-RATE> 1
<CASH> 13,661,000
<SECURITIES> 0
<RECEIVABLES> 69,000
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 14,026,000
<PP&E> 228,000
<DEPRECIATION> 0
<TOTAL-ASSETS> 19,993,000
<CURRENT-LIABILITIES> 217,000
<BONDS> 0
0
0
<COMMON> 149,000
<OTHER-SE> 17,028,000
<TOTAL-LIABILITY-AND-EQUITY> 17,167,000
<SALES> 4,440,000
<TOTAL-REVENUES> 4,440,000
<CGS> 0
<TOTAL-COSTS> 1,417,000
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 2,000
<INCOME-PRETAX> 3,339,000
<INCOME-TAX> 1,264,000
<INCOME-CONTINUING> 2,075,000
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 2,075,000
<EPS-PRIMARY> 0.14
<EPS-DILUTED> 0.13
</TABLE>
