SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K/A
AMENDMENT NO. 2
[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 [FEE REQUIRED]
For the Fiscal Year Ended November 30, 1996
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934 [FEE REQUIRED]
For the transition period from to
Commission File Number 0-11781
HOSPITAL STAFFING SERVICES, INC.
(Exact name of registrant as specified in its charter)
FLORIDA 59-2150637
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification Number)
6245 North Federal Highway, Suite 500
Fort Lauderdale, Florida 33308-1900
(Address of principal executive offices)
(954) 771 - 0500
Registrant's telephone number, including area code
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class Name of each exchange on which
Common Stock $.001 par value registered New York Stock Exchange
Securities registered pursuant to Section 12(g) of
the Act:
None
(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 by check mark if disclosure of delinquent filers pursuant to Rule
405 of Regulation S-K (ss. 229.405 of this Chapter) is not contained herein, and
will not 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-K/A or any amendment to this Form 10-K/A. [ ]
The aggregate market value of the voting stock held by non-affiliates
of the Registrant at February 28, 1997 was $15,899,425.
As of February 28, 1997, 6,359,770 shares of common stock, par value
$.001 per share, were outstanding.
1
<PAGE>
PART IV
ITEM 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS ON FORM 8-K
Exhibit No. 27
<PAGE>
SIGNATURE
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, Hospital Staffing Services, Inc. has duly caused this
report to be signed on its behalf by the undersigned, thereunto duly authorized.
HOSPITAL STAFFING SERVICES, INC.
By: /s/Ronald A.Cass Ronald A. Cass, Chairman of the Board, Chief
Ronald A.Cass Executive Officer, President and Treasurer
Date: June 18, 1997
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF HOSPITAL STAFFING SERVICES, INC. FOR THE FISCAL YEAR
ENDED NOVEMBER 30, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENT.
</LEGEND>
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<CASH> 145,247
<SECURITIES> 12,145
<RECEIVABLES> 10,181,373
<ALLOWANCES> 559,251
<INVENTORY> 0
<CURRENT-ASSETS> 23,238,535
<PP&E> 2,424,780
<DEPRECIATION> 1,545,045
<TOTAL-ASSETS> 26,411,427
<CURRENT-LIABILITIES> 14,417,664
<BONDS> 0
0
0
<COMMON> 6,360
<OTHER-SE> 11,321,795
<TOTAL-LIABILITY-AND-EQUITY> 26,411,427
<SALES> 62,234,015
<TOTAL-REVENUES> 62,234,015
<CGS> 38,045,513
<TOTAL-COSTS> 38,045,513
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 248,422
<INTEREST-EXPENSE> 554,362
<INCOME-PRETAX> 481,563
<INCOME-TAX> (2,705)
<INCOME-CONTINUING> 484,268
<DISCONTINUED> 0
<EXTRAORDINARY> (254,955)
<CHANGES> 0
<NET-INCOME> 229,313
<EPS-PRIMARY> .04
<EPS-DILUTED> 0
</TABLE>
