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Previous: CAREY INTERNATIONAL INC, S-8, 1998-07-22 |
Next: FURIA ORGANIZATION INC /DE/, 10QSB, 1998-07-22 |
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 10-QSB
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
For the Quarter Ended March 31, 1998
Commission File Number 2-93426D
CALDERA, INC.
(Exact name of registrant as specified in its charter)
Delaware 87-0419568
(State or (I.R.S. employer
other jurisdiction identification no.)
of incorporation
or organization)
9 1/2 Casimir St. Toronto, Ontario Canada, M5T 2P6
(Address of principal executive office)
Registrant's telephone number including area code 416 603-9184
(Former name, former address and former fiscal year,
if changed since last report)
Indicate number of shares outstanding of each class of common
as of the end of the quarter:
$0.01 par value common stock outstanding,
at March 31, 1998: 3,345,000 shares
Indicate by checkmark whether the registrant has filed all
reports 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 at least the past 90
days
X Yes No
---- ----
<PAGE>
TABLE OF CONTENTS
Number and Caption
No. Page
Part I FINANCIAL INFORMATION
Item 1 Financial Statements 3
Balance Sheets 3
Statements of Stockholders Equity 5
Statements of Cash Flows 6
Notes to Financial Statements 7
Item 2 MANAGEMENT'S DISCUSSION AND ANALYSIS OF
FINANCIAL CONDITION AND RESULTS OF OPERATIONS 7
Part II OTHER INFORMATION 7
Item 3 Exhibits, Reports of Form 8-K, Signatures 7
-2-
<PAGE>
CALDERA, INC.
Balance Sheets
March 31, 1998 and December 31, 1997
(Unaudited)
ASSETS
Mar. 31,'98 Dec. 31,'97
Current Assets:
Cash $ 0 $ 0
---------- -----------
Total Assets 0 0
LIABILITIES AND STOCKHOLDERS
EQUITY
Mar. 31,'98 Dec. 31,'97
Accounts payable $ 0 $ 0
---------- -----------
Total Liabilities 0 0
Stockholders' equity
Common stock, $.10 par
value, Authorized 50,000,000
shares; issued and outstanding
3,345,000 at March 31, 1998 &
Dec. 31, 1997 $ 608,152 $ 608,152
Additional Paid in capital 0 0
Accumulated Deficit (608,152) (608,152)
---------- -----------
Total Shareholders Equity $ 0 $ 0
-3-
<PAGE>
CALDERA, INC.
Statement of Operations for the three months ending
March 31, 1998
and for the three months ending March 31, 1997
(Unaudited)
1998 1997
Revenue $ 0 $ 0
Selling, general &
administrative expenses 0 500
Operating loss 0 0
Other income 0 0
-------- --------
Net income (loss) before
income taxes 0 (500)
Income tax expense (benefit) 0 0
-------- --------
Net income (loss) 0 (500)
Net income (loss) per common $ 0 $ 0
share -------- --------
See accompanying notes to the financial statements
-4-
<PAGE>
CALDERA, INC,
Statement of Stockholders Equity
Year ended December 31, 1997 and the quarter ended March 31, 1998
(Unaudited)
Number of Shares/Common/Capital Stock/ Retained/Net Equity
Earnings(Deficit)
Balance
Dec. 31, '96 $3,345,000 $33,444 $589,152 $(606,152) $(17,000)
Issue Common
Stock 0 0 0 0 0
Issue common
for services 0 0 0 0 0
Stock
Redemptions 0 0 0 0 0
Net loss 1997 0 0 0 (2,000) (2,000)
Balance
Dec. 31, ---------- ------- -------- ---------- -------
1997 $3,345,000 $33,444 $608,152 $(608,152) (0,000)
Net loss
quarter Mar.
31, '98 0 0 0 (000) (000)
Balance
Mar. 31,
1997 $3,345,000 $33,444 $608,152 $(608,152) (000)
See accompanying notes to financial statements
-5-
<PAGE>
CALDERA, INC.
Statement of Cash Flows for the three months ending March 31,
1998 and March 31, 1997
(Unaudited) 1998 1997
Cash Flows from operating activities
Net income (loss) $ (0) $ (500)
Adjustments to reconcile net income
to net cash provided by operations
Decrease in Accounts payable (0) (500)
Total adjustments (0) (500)
Net cash used on operating activities 0 0
Cash flows from investing activities 0 0
Net cash (used) by investing activities 0 0
Cash flows from financing activities 0 0
Net cash used in financing activities 0 0
Net decrease in cash and cash
equivalents 0 0
Cash and cash equivalents at beginning
of year 0 0
Cash and cash equivalents at end of
period 0 0
See accompanying notes to financial statements
-6-
<PAGE>
CALDERA, INC.
(a company incorporated under the statutes of the
State of Delaware)
NOTES TO FINANCIAL STATEMENTS
March 31, 1998
Item 2 Management's Discussion and Analysis of Financial
Condition and results of operations
During the relevant fiscal quarters the Registrant had no
activities
PART II OTHER INFORMATION
ITEM 6. EXHIBITS AND REPORTS FILED ON FORM 8-K
Exhibits
--------
No exhibits are required to be filed
Reports on Form 8-K
-------------------
The Registrant filed no reports on Form 8-K during the quarter
ended March 31, 1998
SIGNATURES
Pursuant to the requirement of the Securities Exchange Act of
1934, as amended, the Registrant has duly caused this report to
be signed on its behalf by the undersigned thereunto duly
authorized.
Dated: June 20, 1998
CALDERA, INC.
By /s/ Ronald K. Mann
----------------------------
Ronald K. Mann
Vice President and
Treasurer
-7-
<PAGE>
EXHIBIT INDEX
Exhibit Description
------- -----------
27 Financial Data Schedule
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
CALDERA, INC. FORM 10-QSB FOR THE PERIOD ENDED MARCH 31, 1998,
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> MAR-31-1998
<CASH> 0
<SECURITIES> 0
<RECEIVABLES> 0
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 0
<PP&E> 0
<DEPRECIATION> 0
<TOTAL-ASSETS> 0
<CURRENT-LIABILITIES> 0
<BONDS> 0
0
0
<COMMON> 0
<OTHER-SE> 0
<TOTAL-LIABILITY-AND-EQUITY> 0
<SALES> 0
<TOTAL-REVENUES> 0
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> 0
<INCOME-TAX> 0
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 0
<EPS-PRIMARY> 0
<EPS-DILUTED> 0
</TABLE>
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