U.S. Securities and Exchange Commission
Washington, D.C. 20549
Form 10-QSB/A
(Mark One)
[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
OF 1934
For the quarterly period ended July 31, 1995
[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT
For the transition period from to
Commission file number 0-1684
Gyrodyne Company of America, Inc.
- -----------------------------------------------------------------
(Exact name of small business issuer as specified in its charter)
New York 11-1688021
- ---------------------- ---------------------------------
(State or other jurisdiction of (IRS Employer Identification No.)
incorporation or organization)
17 Flowerfield, Suite 15, St. James, N.Y. 11780
- -------------------------------------------------
(Address of principal executive offices)
(516) 584-5400
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(Issuer's telephone number)
N/A
- ----------------------------------------------------
(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. . .
APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
PROCEEDINGS DURING THE PRECEDING FIVE YEARS
Check whether the registrant filed all documents and reports required to be
filed by Section 12,13 or 15 (d) of the Exchange Act after the distribution of
securities under a plan confirmed by a court. Yes. . No. . .
APPLICABLE ONLY TO CORPORATE ISSUERS
State the number of shares outstanding of each of the issuer's classes of
common equity, as of the latest practicable date: 988,908 Common $1 P.V. as of
JULY 31, 1995
INDEX TO QUARTERLY REPORT
QUARTER ENDED JULY 31, 1995
Seq.
Form 10-QSB/A Cover
Index to Form 10-QSB/A
Signatures
SIGNATURES
Pursuant to the requirements 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.
GYRODYNE COMPANY OF AMERICA, INC.
(Registrant)
Date: October 20, 1995
SGD/ Dimitri P. Papadakos
- -----------------------------------------
President and Principal Executive Officer
Date: October 20, 1995
SGD/ Joseph L. Dorn
- ----------------------------
Treasurer, Secretary and
Principle Accounting Officer
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> APR-30-1996
<PERIOD-END> JUL-31-1995
<CASH> 196,448
<SECURITIES> 202,957
<RECEIVABLES> 115,369
<ALLOWANCES> (6,000)
<INVENTORY> 0
<CURRENT-ASSETS> 841,714
<PP&E> 4,856,596
<DEPRECIATION> 3,219,107
<TOTAL-ASSETS> 6,011,357
<CURRENT-LIABILITIES> 297,218
<BONDS> 290,000
<COMMON> 1,531,086
0
0
<OTHER-SE> 2,765,053
<TOTAL-LIABILITY-AND-EQUITY> 6,011,357
<SALES> 450,357
<TOTAL-REVENUES> 450,357
<CGS> 0
<TOTAL-COSTS> 337,935
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 10,869
<INCOME-PRETAX> (5,083)
<INCOME-TAX> 0
<INCOME-CONTINUING> (5,083)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (5,083)
<EPS-PRIMARY> (.01)
<EPS-DILUTED> (.01)
</TABLE>
