<PAGE>
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-QSB/A
(Mark One)
/x/ Quarterly report under Section 13 or 15(d) of the Securities Exchange Act
of 1934
For the quarterly period ended May 31, 1995
/ / Transition report under Section 13 or 15(d) of the Exchange Act
For the transition period from __________ to __________
Commission file number 0-13049
_______
WATER-JEL TECHNOLOGIES, INC.
_______________________________________________________________________
(Exact Name of Small Business Issuer as Specified in its charter)
NEW YORK 13-3006788
___________________________________ ______________________
(State or other jurisdiction of (I.R.S.Employer
incorporation or organization) Identification No.)
243 VETERANS BOULEVARD, CARLSTADT, NEW JERSEY 07072
______________________________________________________________________
(Address of Principal Executive Offices)
(201) 507-8300
______________________________________________________________________
(Issuer's Telephone Number, Including Area Code)
______________________________________________________________________
(Former Name, Former Address and Former Fiscal Year, if Changed Since
Last Report)
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 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 _____
APPLICABLE ONLY TO ISSUERS INVOLVED IN
BANKRUPTCY PROCEEDINGS DURING THE
PRECEDING FIVE YEARS
Check whether the registrant 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 ISSUERS
State the number of shares outstanding of each of the issuer's classes of
common equity, as of the latest practicable date: 3,499,199
<PAGE>
SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
BY: /s/ Peter D. Cohen
------------------
PETER D. COHEN,
PRESIDENT
BY: /s/ Alex M. Alaminos
--------------------
ALEX M. ALAMINOS,
CONTROLLER
DATE: August 15, 1995
<PAGE>
Exhibit Index
Exhibit
No. Description
------- -----------
27 Financial Data Schedule
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
The schedule contains summary financial information extracted from the
consolidated financial statements and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> AUG-31-1995
<PERIOD-END> MAY-31-1995
<CASH> 2,580,715
<SECURITIES> 0
<RECEIVABLES> 807,438
<ALLOWANCES> 25,000
<INVENTORY> 1,215,728
<CURRENT-ASSETS> 5,389,286
<PP&E> 2,197,196
<DEPRECIATION> 1,170,957
<TOTAL-ASSETS> 7,474,885
<CURRENT-LIABILITIES> 697,944
<BONDS> 115,220
<COMMON> 279,936
0
0
<OTHER-SE> 6,381,786
<TOTAL-LIABILITY-AND-EQUITY> 7,474,885
<SALES> 3,690,540
<TOTAL-REVENUES> 3,789,253
<CGS> 1,411,265
<TOTAL-COSTS> 1,411,265
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 12,220
<INCOME-PRETAX> 241,600
<INCOME-TAX> 0
<INCOME-CONTINUING> 241,600
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 241,600
<EPS-PRIMARY> .07
<EPS-DILUTED> .07
</TABLE>