FORM 10-KSB/A
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
ANNUAL REPORT
Pursuant Section 13 or 15(d) of the Securities Exchange Act of 1934
For the fiscal year ended Commission file number
November 30, 1996 2-76262-NY
- ------------------------- ----------------------
Laser Master International Inc.
-------------------------------
(Exact name of registrant as specified in its charter)
New York 11-2564587
------------------------------- ---------------------
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification Number)
1000 First Street, Harrison, N.J. 07029
-------------------------------------------------------------------
(Address of principal executive Offices) (Zip Code)
(201) 482-7200
--------------
(Registrant's telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act:
Name of each exchange on
Title of each class which registered
------------------- ------------------------
Common Stock Par Value $.0l Per Share Nasdaq Bulletin Board
Securities registered pursuant to Section 12(g) of the Act:
None
----
(Title of Class)
(Title of Class)
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 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 __
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 - Par Value $.0l 10,374,600
----------------------------- ----------
Class Outstanding Shares
Aggregate Market Value of Non-Affiliate Stock at January 31, 1997
-approximately $6,749,600.
<PAGE>
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Act of
1934, Laser Master International Inc. has duly caused this report to be signed
on its behalf by the undersigned, thereunto duly authorized.
LASER MASTER INTERNATIONAL INC.
BY /s/ Mendel Klein
---------------------------
Mendel Klein, President and
Chief Financial Officer
Dated: February 28, 1997
Pursuant to the requirements of Section 13 or 15(d) of the Securities Act of
1934, this report has been signed below by the following persons on behalf of
the Registrant, and in the capacities and on the dates indicated.
/s/ Mendel Klein
- ----------------------
Mendel Klein, Director
March 10, 1997
/s/ Leah Klein
- ----------------------
Leah Klein, Director
March 10, 1997
/s/ Mirel Spitz
- ----------------------
Mirel Spitz, Director
March 10, 1997
-2-
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<CASH> 396,777
<SECURITIES> 405,223
<RECEIVABLES> 2,715,349
<ALLOWANCES> (130,000)
<INVENTORY> 2,113,194
<CURRENT-ASSETS> 5,540,270
<PP&E> 15,176,006
<DEPRECIATION> (5,066,312)
<TOTAL-ASSETS> 15,967,150
<CURRENT-LIABILITIES> 2,361,031
<BONDS> 5,481,664
0
0
<COMMON> 103,746
<OTHER-SE> 7,939,234
<TOTAL-LIABILITY-AND-EQUITY> 15,967,150
<SALES> 11,118,846
<TOTAL-REVENUES> 11,637,935
<CGS> 7,646,450
<TOTAL-COSTS> 7,922,500
<OTHER-EXPENSES> 2,860,250
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 455,050
<INCOME-PRETAX> 400,135
<INCOME-TAX> 38,016
<INCOME-CONTINUING> 362,119
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 362,119
<EPS-PRIMARY> .04
<EPS-DILUTED> .04
</TABLE>
