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U.S. Securities and Exchange Commission
Washington, D.C. 20549
Form 10-KSBA
(Amendment No. 1)
[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended April 30, 2000
[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the transition period from .......... to ...........
Commission file number 000 30432
ARBOR ENTECH CORPORATION
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(Name of Small Business Issuer in its charter)
DELAWARE 22-2335094
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(State or other jurisdiction of (I.R.S. Employer
Incorporation or organization) Identification No.)
ROUTE 349, RD 1, BOX 1076, LITTLE MARSH, PENNSYLVANIA 16931
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(Address of principal executive offices) (Zip Code)
Issuer's telephone number (570) 376-2217
Securities registered under Section 12(b) of the Act:
Title of each class Name of each exchange on which registered
registered
NONE NASD OTC BULLETIN BOARD
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Securities registered under Section 12(g) of the Act:
COMMON
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(Title of class)
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 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 [ ]
Check if there is no disclosure of delinquent filers in response to
item 405 of Regulation SB not contained in this form, and no disclosure will be
contained, to the best of registrant's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form 10-KSB
or any amendment to this Form 10-KSB. [ ]
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State issuer's revenues for its most recent fiscal year $1,184,071
State the aggregate market value of the voting and non-voting common
equity held by non-affiliates computed by reference to the price at which the
common equity was sold, or the average bid and asked price of such common
equity, as of a specified date within the past 60 days. (See definition of
affiliate in Rule 12b-2 of the Exchange Act.) $365,001.25
Note: If determining whether a person is an affiliate will involve an
unreasonable effort and expense, the issuer may calculate the aggregate market
value of the common equity held by non-affiliates on the basis of reasonable
assumptions, if the assumptions are stated.
(ISSUERS INVOLVED IN BANKRUPTCY PROCEEDING DURING THE PAST FIVE YEARS)
Check whether the issuer has 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 REGISTRANTS)
State the number of shares outstanding of each of the issuer's classes
of common equity, as of the latest practicable date 7,050,540
DOCUMENTS INCORPORATED BY REFERENCE
If the following documents are incorporated by reference, briefly
describe them and identify the part of the Form 10-KSB (e.g., Part I, Part II,
etc.) Into which the document is incorporated: (1) any annual report to security
holders; (2) any proxy or information statement; and (3) any prospectus filed
pursuant to Rule 424(b) or (c) of the Securities Act of 1933 ("Securities Act").
The list documents should be clearly described for identification purposes
(e.g., annual report to security holders for fiscal year ended December 24,
1990).
Transitional Small Business Disclosure Format (check one):
Yes ....... No ...X....
ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The following table sets forth information known to Arbor, as of the
date of this annual report, relating to the beneficial ownership of shares of
common stock of Arbor: by each person who is known by Arbor to be the
beneficial owner of more than five percent of the outstanding shares of
common stock; each director or person who has agreed to become a director;
and all executive officers and directors as a group.
Unless otherwise indicated, the address of each beneficial owner in the
table set forth below is 160 Summit Avenue, Montvale, New Jersey 07645.
A person is deemed to be the beneficial owner of securities that can be
acquired
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by him or her within 60 days from the date of this annual report upon the
exercise of options, warrants or convertible securities. Each beneficial
owner's percentage ownership is determined by assuming that options, warrants or
convertible securities that are held by him or her, but not those held by any
other person, and which are exercisable within 60 days of the date of this
annual report have been exercised and converted.
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NAME AND ADDRESS OF NUMBER OF SHARES PERCENTAGE OF SHARES
BENEFICIAL OWNER BENEFICIALLY OWNED BENEFICIALLY OWNED
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<S> <C> <C>
Harvey Houtkin((1)(2)(3) 3,554,850 50.4%
Wanda Shefts(1)(2)(4) 3,554,850 50.4%
Mark Shefts(1)(2)(3) 3,554,850 50.4%
Sherry Houtkin(1)(2)(4) 3,554,850 50.4%
All directors and executive 6,949,850 98.6%
officers as a group (4 persons)
</TABLE>
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(1) The address of such person is 160 Summit Avenue, Montvale, NJ 07645.
(2) Such person may be deemed to be the owner 159,100 of such shares by virtue
of his/her being a control person of Solar Products, Sun-Tank, Inc.
("Solar"). In the case of these 159,100 shares, the beneficial owner has
shared voting and investment power. With respect to all other shares other
than the shares discussed in footnote 3 below, owned by The Manchester
Group, Inc., the record owner has sole investment and voting power over the
shares.
(3) Such person may be deemed to be the owner of 750 of such shares by virtue
of his being a control person of The Manchester Group, Inc. In the case of
these 750 shares, the beneficial owner has shared voting and investment
power. With respect to all other shares other than the shares discussed in
footnote 2 above owned by Solar, the record owner has sole investment and
voting power over the shares.
(4) Such person may be deemed to be the owner of 3,395,750 of such shares which
are beneficially owned by her spouse. Such person denies such beneficial
ownership.
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SIGNATURES
In accordance with Section 13 or 15(d) of the Exchange Act, the registrant
caused this amendment to its annual rpeort to be signed on its behalf by the
undersigned, thereunto duly authorized.
ARBOR ENTECH CORPORATION
Date: September 14, 2000 By: /s/ HARVEY HOUTKIN
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Harvey Houtkin
Chairman of the Board, Chief
Executive Officer, President
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