FORM 10-Q/A
Amendment No. 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934
-- or --
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the quarter period ended December 31, 1994
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Commission file number 0-14328
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ZING TECHNOLOGIES, INC.
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(Exact name of registrant as specified in its charter)
NEW YORK 13-2650621
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(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)
115 Stevens Avenue, Valhalla, New York 10595
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(Address of principal executive offices)
(Zip Code)
(914) 747-7474
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Registrant's telephone number, including area code
No Change
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(Former name, former address and former fiscal year, if changed since last
report)
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 periods 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
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The number of shares of common stock, $.01 par value, outstanding as of December
31, 1994 was 2,548,340.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned thereunto duly authorized.
ZING TECHNOLOGIES, INC.
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(Registrant)
Date: February 15, 1995 /s/ Robert E. Schrader
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Robert E. Schrader, President and
Chief Executive Officer
Date: February 15, 1995 /s/ Martin S. Fawer
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Martin S. Fawer, Treasurer and
Chief Financial Officer
<PAGE>
Appendix A to Item 601(c) of Regulation S-K
(Article 5 of Regulation S-X
Commercial and Industrial Companies)
Item Number Item Description Amount
----------- ---------------- ------
5-01(1) Cash and cash items $ 45,000
5-02(2) Marketable securities 4,769,000
5-02(3)(a)(1) Notes and accounts receivable-trade 2,695,000
5-02(4) Allowances for doubtful accounts 143,000
5-02(6) Inventory 3,459,000
5-02(9) Total current assets 8,255,000
5-02(13) Property, plant and equipment 8,584,000
5-02(14) Accumulated depreciation 3,516,000
5-02(18) Total assets 19,754,000
5-02(21) Total current liabilities 4,417,000
5-02(22) Bonds, mortgages and similar debt 932,000
5-02(28) Preferred stock - mandatory redemption -0-
5-02(29) Preferred stock - no mandatory redemption -0-
5-02(30) Common stock 27,000
5-02(31) Other stockholders' equity 13,216,000
5-02(32) Total liabilities and stockholders' equity 19,754,000
5-03(b)1(a) Net sales of tangible products 3,281,000
5-03(b)1 Total revenues 3,580,000
5-03(b)2(a) Cost of tangible goods sold 2,104,000
5-03(b)2 Total costs and expenses applicable to sales
and revenue 1,241,000
5-03(b)3 Other costs and expenses -0-
5-03(b)5 Provision for doubtful accounts and notes 42,000
5-03(b)(8) Interest and amortization of debt discount 45,000
5-03(b)(10) Income before taxes and other items 218,000
5-03(b)(11) Income tax expense 3,000
5-03(b)(14) Income/loss continuing operations 215,000
5-03(b)(15) Discontinued operations -0-
5-03(b)(17) Extraordinary items -0-
5-03(b)(18) Cumulative effect-changes in accounting principles -0-
5-03(b)(19) Net income or loss 215,000
5-03(b)(20) Earnings per share - primary .08
5-03(b)(20) Earnings per share - fully diluted .08
