AMERICAN BUSINESS COMPUTERS CORP
10-Q/A, 1995-10-19
AIR-COND & WARM AIR HEATG EQUIP & COMM & INDL REFRIG EQUIP
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<PAGE>   1
                                 FORM 10-Q/A
                                      
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549
(Mark One)

[ X ]    QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
         EXCHANGE ACT OF 1934 FOR THE PERIOD ENDED JULY 29, 1995 

                                   OR

[    ]   TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
         EXCHANGE ACT OF 1934

         For the transition period from __________ to __________.

                       Commission file number: 0-14922

                   AMERICAN BUSINESS COMPUTERS CORPORATION
            (Exact name of registrant as specified in its charter)

             Florida                                      59-2001203
             -------------------------------              -------------------
             (State or other jurisdiction of              (I.R.S. Employer
             incorporation or organization)               Identification No.)

             451 Kennedy Road Akron, Ohio                 44305    
             ----------------------------------------     ----------
             (Address of principal executive offices)     (Zip Code)

             Registrant s telephone number, including area code: (216) 733-2841

Securities registered pursuant to Section 12(b) of the Act:  None
                                                             ----
Securities registered pursuant to Section 12(g) of the Act:
                                                   Common Stock, Par Value $.01
                                                   ----------------------------
                                                         (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: [X] Yes    [ ] No

        The number of shares outstanding of each of the registrant's classes of
common stock as of the latest practicable date is: 

  Common Stock outstanding at September 8, 1995 was 16,127,701 shares.





                                      -1-
<PAGE>   2
                                EXHIBIT INDEX

(a)      EXHIBITS

 27      Financial Data Scehdule.





                                     -2-

<TABLE> <S> <C>

<ARTICLE> 5
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          APR-27-1996
<PERIOD-START>                             APR-30-1995
<PERIOD-END>                               JUL-29-1995
<CASH>                                         145,000
<SECURITIES>                                    19,000
<RECEIVABLES>                                1,087,000
<ALLOWANCES>                                    86,000
<INVENTORY>                                  1,653,000
<CURRENT-ASSETS>                             2,765,000
<PP&E>                                       1,435,000
<DEPRECIATION>                                 741,000
<TOTAL-ASSETS>                               3,627,000
<CURRENT-LIABILITIES>                        3,030,000
<BONDS>                                        286,000
<COMMON>                                       161,000
                                0
                                          0
<OTHER-SE>                                     160,000
<TOTAL-LIABILITY-AND-EQUITY>                 3,627,000
<SALES>                                        987,000
<TOTAL-REVENUES>                             1,198,000
<CGS>                                          722,000
<TOTAL-COSTS>                                1,079,000
<OTHER-EXPENSES>                               488,000
<LOSS-PROVISION>                                 7,000
<INTEREST-EXPENSE>                               9,000
<INCOME-PRETAX>                              (369,000)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                          (369,000)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (369,000)
<EPS-PRIMARY>                                   (0.02)
<EPS-DILUTED>                                   (0.02)
        

</TABLE>


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