SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-QSB/A
Amendment 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, 1996
___ 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 0-1298
LUNN INDUSTRIES, INC.
(Exact name of Registrant as specified in its charter)
Delaware 11-1581582
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
1 Garvies Point Road, Glen Cove, New York 11542-2828
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (516) 671-9000
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 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 [ ]
The aggregate number of shares of Common Stock outstanding as of April 10, 1996
was 11,309,499.
Transitional Small Business Disclosure Format (check one)
Yes ________ No X
<PAGE>
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 duly authorized.
LUNN INDUSTRIES, INC.
By: s/ Lawrence Schwartz
Lawrence Schwartz
Vice President, Secretary and Treasurer
(Chief Accounting Officer)
Dated: July 1, 1996
2
<PAGE>
Index of Exhibits
Exhibit Description Page
- ------- ----------- ----
27 Financial Data Schedule 4
3
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> MAR-31-1996
<CASH> 157,719
<SECURITIES> 0
<RECEIVABLES> 2,945,315
<ALLOWANCES> 147,089
<INVENTORY> 4,456,849
<CURRENT-ASSETS> 7,839,287
<PP&E> 11,409,029
<DEPRECIATION> 3,892,878
<TOTAL-ASSETS> 15,938,166
<CURRENT-LIABILITIES> 3,003,110
<BONDS> 2,919,564
0
0
<COMMON> 112,570
<OTHER-SE> 9,902,922
<TOTAL-LIABILITY-AND-EQUITY> 15,938,166
<SALES> 4,213,310
<TOTAL-REVENUES> 4,213,310
<CGS> 3,262,673
<TOTAL-COSTS> 740,935
<OTHER-EXPENSES> (10,106)
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 126,345
<INCOME-PRETAX> 93,463
<INCOME-TAX> 0
<INCOME-CONTINUING> 93,463
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 93,463
<EPS-PRIMARY> .01
<EPS-DILUTED> 0
</TABLE>
