LEVCOR INTERNATIONAL INC
10KSB/A, 2000-04-24
CRUDE PETROLEUM & NATURAL GAS
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  FORM 10-KSB/A

|X|   Annual report pursuant to Section 13 or 15(d) of the Securities Exchange
      Act of 1934

                            For the fiscal year ended
                                December 31, 1999

                             Commission File Number
                                    811-3584

                           Levcor International, Inc.
           (Exact name of the registrant as specified in its charter)

                  Delaware                                   06-0842701
       (State or other jurisdiction of                    (I.R.S. Employer
       Incorporation or organization)                    Identification No.)

                  462 Seventh Avenue, New York, New York 10018
                    (Address of principal executive offices)

                                 (203) 264-7428
                         (Registrant's telephone number)

      Securities registered pursuant to Section 12(b) of the Exchange Act:

                                      None

        Securities registered pursuant Section 12(g) of the Exchange Act:

                     Common Stock, par value $0.56 per share

      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 Item
405 of Regulation S-K 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-KSB or any amendment to
this Form 10-KSB. |_|

      Issuer's revenues for the fiscal year ended December 31, 2000:
$13,955,858.

      As at April 12, 2000, approximately 2,317,299 shares of Common Stock of
the issuer were outstanding and the aggregate market value of the voting common
stock held by non-affiliates, was approximately $1,737,974.

      Transitional Small Business Disclosure Format: Yes |_| No |X|

      Documents incorporated by reference: None

<PAGE>

      The registrant hereby amends Item 5, Market for Common Equity and
Related Stockholder Matters of its Annual Report on Form 10-KSB for the fiscal
year ended December 31, 1999 to read as set forth below:

                                    PART II.

Item  5. MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS.

      The Company's common stock, par value $0.56 per share (the "Common
Stock"), is traded in the "pink sheets" in the over-the-counter market under the
symbol "LEVC". On April 12, 2000, the closing bid price of the Common Stock was
$0.75 per share. The Common Stock is traded sporadically and no established
liquid trading market currently exists therefor.

      The following table sets forth the range of high and low bid prices in the
"pink sheets" in the over-the-counter market for the periods indicated. Such
quotations reflect inter-dealer prices or transactions solely between market
makers without retail mark-up, markdown or commissions, and may not necessarily
represent actual transactions.

                 Period                       Price
                 ------                       -----

                                       High            Low

      1999
      ----

      First Quarter                    $1.625        $0.9375
      Second Quarter                   $1.25         $0.4063
      Third Quarter                    $2.00         $1.1250
      Fourth Quarter                   $1.75         $0.7813

      1998
      ----

      First Quarter                    $3.25         $1.5
      Second Quarter                   $3.375        $1.5625
      Third Quarter                    $1.6875       $0.53125
      Fourth Quarter                   $1.875        $0.5

Holders of Record

      As of April 12, 2000, there were approximately 6,438 holders of record of
the Common Stock.


                                       2
<PAGE>

Dividend Policy

      The Company has not paid any cash dividends on the Common Stock and has no
present intention to declare or pay cash dividends on the Common Stock in the
foreseeable future. The Company intends to retain any earnings which it may
realize in the foreseeable future to finance its operations.


                                       3
<PAGE>

                                   SIGNATURES

      In accordance with Section 13 or 15(d) of the Securities Exchange Act of
1934, the registrant has caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

LEVCOR INTERNATIONAL, INC.


By /s/ Robert A. Levinson                              April 20, 2000
   ---------------------------------
   Robert A. Levinson
   Chairman of the Board,
   President and Secretary


By /s/ Rudolph E. Bremser                              April 20, 2000
   ---------------------------------
   Rudolph E. Bremser
   Treasurer (Chief Financial
   and Accounting Officer)

      In accordance with the Securities Exchange Act of 1934, this report has
been signed below by the following persons on behalf of the registrant and in
the capacities and on the dates indicated.


/s/ Robert A. Levinson         Chairman of the Board;  April 20, 2000
- ----------------------         President; Secretary;
Robert A. Levinson             Director


/s/ John McConnaughy           Director                April 20, 2000
- ----------------------
John McConnaughy


/s/ Edward H. Cohen            Director                April 20, 2000
- ----------------------
Edward H. Cohen



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