<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-QSB/A
QUARTERLY REPORT UNDER SECTION 13 or 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the Quarter Ended: MAY 31, 1996 Commission File No.: 2-76262-NY
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LASER MASTER INTERNATIONAL, INC.
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(Exact name of Registrant as Specified in its charter)
New York 11-2564587
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(State of Incorporation) (IRS Employee Identification No.)
1000 First Street, Harrison, New Jersey 07029
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(Address of Principal Offices)
(201) 482-7200
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Telephone Number
N/A
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(Former name, address and fiscal year if changed since last report)
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 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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Indicate the number of shares outstanding of each of the issuer's
classes of common stock, as of the close of the period covered by
this report:
Common Stock - 10,113,335 shares - each share $0.01 par value.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
LASER MASTER INTERNATIONAL, INC.
________________________________
(Registrant)
9/4/96 /s/ Mendel Klein
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Date MENDEL KLEIN, PRESIDENT
9/4/96 /s/ Leah Klein
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Date LEAH KLEIN, VICE PRESIDENT/SEC'Y
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-END> MAY-31-1996
<CASH> 1,689,366
<SECURITIES> 374,149
<RECEIVABLES> 1,952,590
<ALLOWANCES> 80,764
<INVENTORY> 1,946,248
<CURRENT-ASSETS> 5,771,555
<PP&E> 19,800,782
<DEPRECIATION> 6,007,748
<TOTAL-ASSETS> 16,097,770
<CURRENT-LIABILITIES> 2,289,009
<BONDS> 5,869,999
0
0
<COMMON> 101,133
<OTHER-SE> 7,784,125
<TOTAL-LIABILITY-AND-EQUITY> 16,097,770
<SALES> 4,515,260
<TOTAL-REVENUES> 4,694,211
<CGS> 2,844,563
<TOTAL-COSTS> 2,917,497
<OTHER-EXPENSES> 1,652,247
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 276,238
<INCOME-PRETAX> (116,604)
<INCOME-TAX> 0
<INCOME-CONTINUING> (116,604)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (116,604)
<EPS-PRIMARY> (.01)
<EPS-DILUTED> (.01)
</TABLE>
