UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-QSB/A
(X) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarter ended June 30, 1999
( ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from _________to_________
Commission File No. 0-12374
EQUITEX, INC.
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(Exact Name of Registrant as Specified in its Charter)
Delaware 84-0905189
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(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)
7315 East Peakview Avenue
Englewood, Colorado 80111
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(Address of principal executive offices) (Zip code)
(303) 796-8940
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(Registrant's telephone number including area code)
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, and (2) has been subject to such filing requirements
for the past 90 days. Yes [X] No [ ]
Number of shares of common stock outstanding at August 6, 1999: 7,140,293
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EQUITEX, INC.
INDEX
. PAGE
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PART II. OTHER INFORMATION
Item 5. Market for Registrant's Common Equity
and Related Stockholder Matters 1
Signatures 2
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PART II. OTHER INFORMATION
Item 2. Changes in Securities
On April 8, 1999 the Registrant issued 145,788 shares of its common stock
in exchange for 900 shares of the registrant's Series A Convertible
Preferred Stock to an accredited investor. The Registrant relied on the
exemptions from registration provided by Sections 4(2) and/or 4(6) of the
Securities Act of 1933, as amended (the "Act") and/or Rule 506 promulgated
thereunder.
On April 8, 1999 the Registrant issued 77,941 shares of its common stock in
exchange for 600 shares of the Registrant's Series B Convertible Preferred
Stock to a group of accredited investors. The Registrant relied on the
exemptions from registration provided by Sections 4(2) and/or 4(6) of the
Act and/or Rule 506 promulgated thereunder.
On April 8, 1999 the Registrant issued 96,799 shares of its common stock in
exchange for 600 shares of the Registrant's Series C Convertible Preferred
Stock to an accredited investor. The Registrant relied on the exemptions
from registration provided by Sections 4(2) and/or 4(6) of the Act and/or
Rule 506 promulgated thereunder.
On April 19, 1999 the Registrant issued 50,000 shares of its common stock
in exchange for warrants to purchase common stock at $3.75 per share to an
accredited investor. The Registrant relied on the exemptions from
registration provided by Sections 4(2) and/or 4(6) of the Act and/or Rule
506 promulgated thereunder.
On April 19, 1999 the Registrant issued 40,000 shares of its common stock
in exchange for 40,000 warrants to purchase common stock at $8.895 per
share to an accredited investor. The Registrant relied on the exemptions
from registration provided by Sections 4(2) and/or 4(6) of the Act and/or
Rule 506 promulgated thereunder.
On April 23, 1999 the Registrant issued 90,000 shares of its common stock
in exchange for 90,000 warrants to purchase common stock at $8.205 per
share to an accredited investor. The Registrant relied on the exemptions
from registration provided by Sections 4(2) and/or 4(6) of the Act and/or
Rule 506 promulgated thereunder.
On April 23, 1999 the Registrant issued 20,000 shares of its common stock
in exchange for 20,000 warrants to purchase common stock at $7.25 per share
to an accredited investor. The Registrant relied on the exemptions from
registration provided by Sections 4(2) and/or 4(6) of the Act and/or Rule
506 promulgated thereunder.
On April 27, 1999 the Registrant issued 60,000 shares of its common stock
in exchange for 60,000 warrants to purchase common stock at $11.73 per
share to an accredited investor. The Registrant relied on the exemptions
from registration provided by Sections 4(2) and/or 4(6) of the Act and/or
Rule 506 promulgated thereunder.
On May 6, 1999 the Registrant issued 20,000 shares of its common stock in
exchange for 20,000 warrants to purchase common stock at $7.25 per share to
an accredited investor. The Registrant relied on the exemptions from
registration provided by Sections 4(2) and/or 4(6) of the Act and/or Rule
506 promulgated thereunder.
On May 19, 1999 the Registrant issued 22,500 shares of its common stock in
exchange for 22,500 warrants to purchase common stock at $7.25 per share to
an accredited investor. The Registrant relied on the exemptions from
registration provided by Sections 4(2) and/or 4(6) of the Act and/or Rule
506 promulgated thereunder.
1
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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.
EQUITEX, INC.
(Registrant)
By: /S/ HENRY FONG
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Henry Fong
President, Treasurer and Chief
Financial Officer
Date: December 21, 2000
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