EDUDATA CORP
10-C, 1996-06-17
SECURITY BROKERS, DEALERS & FLOTATION COMPANIES
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<PAGE>   1
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 10-C

                 REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
                          INTERDEALER QUOTATION SYSTEM

      FILED PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT
                     AND RULE 13a OR 17 or 15d-17 THEREUNDER

                               EDUDATA CORPORATION
                 (Exact name of issuer as specified in charter)

    200 N. WESTLAKE BOULEVARD, SUITE 202, WESTLAKE VILLAGE, CALIFORNIA 91362
                    (Address of principal executive offices)

Issuer's telephone number, including area code:  (805) 381-2700

                    I. CHANGE IN NUMBER OF SHARES OUTSTANDING

Indicate any change (increase or decrease) of 5% or more in the number of shares
outstanding:

1.  Title of Security:                      Common Stock

2.  Number of shares outstanding before the change:         7,509,900


3.  Number of shares outstanding after the change            8,746,900
                                                

4.  Effective date of change:  May 30, 1996

5.  Method of change:
    Specify method (such as merger, acquisition, exchange, distribution, stock
split, reverse split, acquisition of stock for treasury, etc.)

                          Issuance of new common stock

Give brief description of transaction: The Company sold 1,237,000 common shares
of its capital stock to non-United States investors pursuant to Regulation S of
the Securities Act of 1933, as amended.

                          II. CHANGE IN NAME OF ISSUER

1.  Name prior to change:
                         ----------------------
2.  Name after change:
                      -------------------------
3.  Effective date of charger amendment changing  name:
                                                       ---------------------
4.  Date of shareholder approval of change, if required:
                                                        --------------------

DATE:  June 17, 1996                           /s/  Robert H. Gurevitch
                                               --------------------------------
                                               (Officer's signature & Title)
                                                         Robert H. Gurevitch
                                                         Chief Executive Officer


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