COLONELS INTERNATIONAL INC
10-Q, 1999-08-16
MOTOR VEHICLE PARTS & ACCESSORIES
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<TITLE>The Colonel's International Form 10-Q q/e 6/30/1999</TITLE>
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<B><CENTER>SECURITIES AND EXCHANGE COMMISSION</CENTER></B><BR>
<CENTER>Washington, D.C. 20549</CENTER><BR>
<CENTER>___________________</CENTER><P>

<B><CENTER><FONT SIZE="4"><FONT SIZE="+1">Form 10-Q</FONT></FONT></CENTER></B>
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		<TD WIDTH="5%" ALIGN="RIGHT"><U>   X   </U>   </TD>
		<TD WIDTH="95%">QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES</TD>
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<CENTER>EXCHANGE ACT OF 1934</CENTER>
<CENTER>For the quarterly period ended June 30, 1999</CENTER><P>



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	<TR>
		<TD WIDTH="5%" ALIGN="RIGHT"><U>         </U>   </TD>
		<TD WIDTH="95%">TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES</TD>
	</TR>
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<CENTER>EXCHANGE ACT OF 1934</CENTER><BR>

<CENTER>For the transition period from ____________________ to ____________________</CENTER><P>

<CENTER>Commission File Number: 2-98277C</CENTER><P>


<B><CENTER>THE COLONEL'S INTERNATIONAL, INC.</CENTER></B>
<CENTER>(Exact name of registrant as specified in its charter)</CENTER><P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%">
	<TR>
		<TD WIDTH="70%" ALIGN="CENTER"><B>Michigan</B></TD>
		<TD WIDTH="30%" ALIGN="CENTER"><B>38-3262264</B></TD>
	</TR>

	<TR>
		<TD WIDTH="70%" ALIGN="CENTER">(State or other jurisdiction of incorporation or organization)</TD>
		<TD WIDTH="30%" ALIGN="CENTER">(I.R.S. employer identification no.)</TD>
	</TR>

	<TR>
		<TD COLSPAN="2"> </TD>
	</TR>

	<TR>
		<TD WIDTH="70%" ALIGN="CENTER"><B>5550 Occidental Highway, Tecumseh, Michigan</B></TD>
		<TD WIDTH="30%" ALIGN="CENTER"><B>49286</B></TD>
	</TR>

	<TR>
		<TD WIDTH="70%" ALIGN="CENTER">(Address of principal executive offices)</TD>
		<TD WIDTH="30%" ALIGN="CENTER">(Zip code)</TD>
	</TR>
</TABLE>
<P>

<B><CENTER>(517) 423-4800</CENTER></B>
<CENTER>(Registrant's telephone number, including area code)</CENTER><P>

<BR>
<CENTER>Securities registered pursuant to Section 12(g) of the Act:  Common Stock, $0.01 Par Value</CENTER><P>

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.<P>

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		<TD WIDTH="25%"> </TD>
		<TD WIDTH="25%" ALIGN="CENTER">Yes <U>  X  </U></TD>
		<TD WIDTH="25%" ALIGN="CENTER">No _____</TD>
		<TD WIDTH="25%"> </TD>
	</TR>
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<P>
<BR>

Number of shares of the registrant's Common Stock, $0.01 par value, outstanding as of August 2, 1999: 24,518,326<P>

Items Omitted Pursuant to Rule 12b-25:  Items 1, 2 and 3 of Part I.
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<B><CENTER>PART I</CENTER></B>
<CENTER><B>FINANCIAL INFORMATION</B></CENTER><P>

<B>Item 1.     Financial Statements.</B><P>

        This item has been omitted pursuant to Rule 12b-25 under the Securities Exchange Act (the "Exchange Act").  The information required by this item will be filed pursuant to an amendment to this Form
10-Q.<P>

<B>Item 2.     Management's Discussion and Analysis of Financial Condition and Results of Operations.</B><P>

        This item has been omitted pursuant to Rule 12b-25 under the Exchange Act.  The information required by this item will be filed pursuant to an amendment to this Form 10-Q.<P>

<B>Item 3.     Quantitative and Qualitative Disclosures About Market Risk.</B><P>

        This item has been omitted pursuant to Rule 12b-25 under the Exchange Act.  The information required by this item will be filed pursuant to an amendment to this Form 10-Q.<P>
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<B><CENTER>PART II<BR>
OTHER INFORMATION</CENTER></B><P>

<B>Item 4.     Submission of Matters to a Vote of Security Holders.</B><P>

        On June 30, 1999 the Company held its 1999 Annual Meeting of Shareholders at its corporate offices in Tecumseh, Michigan.  The purpose of the meeting was to elect two Directors to the Board of Directors.<P>

        Two candidates nominated by management were elected by the shareholders to serve as Directors of the Company at the meeting.  The following sets forth the results of the voting with respect to each candidate:
<P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%">
	<TR>
		<TD WIDTH="40%"><U>Name of Candidate</U></TD>
		<TD WIDTH="35%"><U>Shares Voted</U></TD>
		<TD WIDTH="25%"> </TD>
	</TR>

	<TR>
		<TD COLSPAN="3"> </TD>
	</TR>

	<TR>
		<TD WIDTH="40%">J. Daniel Frisina</TD>
		<TD WIDTH="35%">For</TD>
		<TD WIDTH="25%" ALIGN="RIGHT">23,913,996</TD>
	</TR>

	<TR>
		<TD WIDTH="40%"> </TD>
		<TD WIDTH="35%">Against</TD>
		<TD WIDTH="25%" ALIGN="RIGHT">0</TD>
	</TR>

	<TR>
		<TD WIDTH="40%"> </TD>
		<TD WIDTH="35%">Authority Withheld</TD>
		<TD WIDTH="25%" ALIGN="RIGHT">80</TD>
	</TR>

	<TR>
		<TD WIDTH="40%"> </TD>
		<TD WIDTH="35%">Broker Non-Votes</TD>
		<TD WIDTH="25%" ALIGN="RIGHT">0</TD>
	</TR>

	<TR>
		<TD COLSPAN="3"> </TD>
	</TR>

	<TR>
		<TD WIDTH="40%">Ronald Rolak</TD>
		<TD WIDTH="35%">For</TD>
		<TD WDTH="25%" ALIGN="RIGHT">23,913,996</TD>
	</TR>

	<TR>
		<TD WIDTH="40%"> </TD>
		<TD WIDTH="35%">Against</TD>
		<TD WIDTH="25%" ALIGN="RIGHT">0</TD>
	</TR>

	<TR>
		<TD WIDTH="40%"> </TD>
		<TD WIDTH="35%">Authority Withheld</TD>
		<TD WIDTH="25%" ALIGN="RIGHT">80</TD>
	</TR>

	<TR>
		<TD WIDTH="40%"> </TD>
		<TD WIDTH="35%">Broker Non-Votes</TD>
		<TD WIDTH="25%" ALIGN="RIGHT">0</TD>
	</TR>

</TABLE>
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<CENTER>-2-
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        Following this election, the expiration dates of the Directors' current terms of office are as follows:<P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%">
	<TR>
		<TD WIDTH="25%"> </TD>
		<TD WIDTH="25%">        <U>Director</U></TD>
		<TD WIDTH="35%" ALIGN="CENTER"><U>Year Term Expires</U></TD>
		<TD WIDTH="15%"> </TD>
	</TR>

	<TR>
		<TD COLSPAN="2"> </TD>
	</TR>

	<TR>
		<TD WIDTH="25%"> </TD>
		<TD WIDTH="25%">Donald J. Williamson</TD>
		<TD WIDTH="35%" ALIGN="CENTER">2001</TD>
		<TD WIDTH="15%"> </TD>
	</TR>

	<TR>
		<TD WIDTH="25%"> </TD>
		<TD WIDTH="25%">Donald R. Gorman</TD>
		<TD WIDTH="35%" ALIGN="CENTER">2001</TD>
		<TD WIDTH="15%"> </TD>
	</TR>

	<TR>
		<TD WIDTH="25%"> </TD>
		<TD WIDTH="25%">Ted M. Gans</TD>
		<TD WIDTH="35%" ALIGN="CENTER">2001</TD>
		<TD WIDTH="15%"> </TD>
	</TR>

	<TR>
		<TD WIDTH="25%"> </TD>
		<TD WIDTH="25%">Mark German</TD>
		<TD WIDTH="35%" ALIGN="CENTER">2000</TD>
		<TD WIDTH="15%"> </TD>
	</TR>

	<TR>
		<TD WIDTH="25%"> </TD>
		<TD WIDTH="25%">Mark D. Stevens</TD>
		<TD WIDTH="35%" ALIGN="CENTER">2000</TD>
		<TD WIDTH="15%"> </TD>
	</TR>

	<TR>
		<TD WIDTH="25%"> </TD>
		<TD WIDTH="25%">J. Daniel Frisina</TD>
		<TD WIDTH="35%" ALIGN="CENTER">2002</TD>
		<TD WIDTH="15%"> </TD>
	</TR>

	<TR>
		<TD WIDTH="25%"> </TD>
		<TD WIDTH="25%">Ronald Rolak</TD>
		<TD WIDTH="35%" ALIGN="CENTER">2002</TD>
		<TD WIDTH="15%"> </TD>
	</TR>

</TABLE>
<BR>
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<BR>
<B>Item 6.   Exhibits and Reports on Form 8-K.</B><P>

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	<TR>
		<TD WIDTH="10%"> </TD>
		<TD WIDTH="90%">(a)        <U>Exhibits</U>.  The following exhibits are filed as part of this report.</TD>
	</TR>

	<TR>
		<TD COLSPAN="2"> </TD>
	</TR>

	<TR>
		<TD WIDTH="10%">Exhibit<BR>
<U>Number</U></TD>
		<TD WIDTH="90%" VALIGN="BOTTOM"><U>Description</U></TD>
	</TR>

	<TR>
		<TD COLSPAN="2"> </TD>
	</TR>

	<TR>
		<TD WIDTH="10%" VALIGN="TOP">2.1</TD>
		<TD WIDTH="90%">Agreement and Plan of Merger between The Colonel's, Inc. and Brainerd Merger Corporation and joined in by Brainerd International, Inc.  Incorporated by reference from Exhibit A to the Proxy Statement of Brainerd International, Inc. for
the Annual Meeting of Shareholders of Brainerd International, Inc. held on November 21, 1995.</TD>
	</TR>

	<TR>
		<TD COLSPAN="2"> </TD>
	</TR>

	<TR>
		<TD WIDTH="10%" VALIGN="TOP">2.2</TD>
		<TD WIDTH="90%">Agreement and Plan of Reorganization among Brainerd International, Inc. and The Colonel's Holdings, Inc. Incorporated by reference from Exhibit D to the Proxy Statement of Brainerd International, Inc. for the Annual Meeting of
Shareholders of Brainerd International, Inc. held on November 21, 1995.</TD>
	</TR>

	<TR>
		<TD COLSPAN="2"> </TD>
	</TR>

	<TR>
		<TD WIDTH="10%" VALIGN="TOP">2.3 </TD>
		<TD WIDTH="90%">Amended and Restated Asset Purchase Agreement by and between Colonel's Acquisition Corp. (later renamed AutoLign Manufacturing Group, Inc.), The Colonel's International, Inc., The Colonel's, Inc. and Donald J. Williamson dated November
23, 1998.  Incorporated by reference to Appendix A to the Company's Definitive Proxy Statement filed with the Securities and Exchange Commission on December 7, 1998.</TD>
	</TR>

	<TR>
		<TD COLSPAN="2"> </TD>
	</TR>

	<TR>
		<TD WIDTH="10%" VALIGN="TOP">2.4</TD>
		<TD WIDTH="90%">First Amendment to Amended and Restated Asset Purchase Agreement by and between AutoLign Manufacturing Group, Inc. (formerly known as Colonel's Acquisition Corp.), The Colonel's International, The Colonel's, Inc. and Donald J. Williamson
dated December 17, 1998.  Incorporated by reference to Exhibit 2(b) to the Company's Report on Form 8-K filed with the Securities and Exchange Commission on December 30, 1998.</TD>
	</TR>
</TABLE>
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<CENTER>-3-
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	<TR>
		<TD COLSPAN="2"> </TD>
	</TR>

	<TR>
		<TD WIDTH="10%">Exhibit<BR>
<U>Number</U></TD>
		<TD WIDTH="90%" VALIGN="BOTTOM"><U>Description</U></TD>
	</TR>

	<TR>
		<TD COLSPAN="2"> </TD>
	</TR>

	<TR>
		<TD WIDTH="10%" VALIGN="TOP">2.5</TD>
		<TD WIDTH="90%">Agreement and Plan of Merger by and among The Colonel's International, Inc., The Colonel's Rugged Liner, Inc., Rugged Liner, Inc., Triad Management Group, Inc., Aerocover, Inc., Ground Force, Inc., and certain shareholders of the
foregoing, dated March 13, 1998.  Incorporated by reference to Exhibit 2(a) to the Registrant's Current Report on Form 8-K dated May 8, 1998.</TD>
	</TR>

	<TR>
		<TD COLSPAN="2"> </TD>
	</TR>

	<TR>
		<TD WIDTH="10%" VALIGN="TOP">2.6</TD>
		<TD WIDTH="90%">First Amendment to Agreement and Plan of Merger, by and among The Colonel's International, Inc., The Colonel's Rugged Liner, Inc., Rugged Liner, Inc., Triad Management Group, Inc., Aerocover, Inc., Ground Force, Inc., and certain
shareholders of the foregoing, dated April 23, 1998.  Incorporated by reference to Exhibit 2(b) to the Registrant's Current Report on Form 8-K dated May 8, 1998.</TD>
	</TR>

	<TR>
		<TD COLSPAN="2"> </TD>
	</TR>

	<TR>
		<TD WIDTH="10%" VALIGN="TOP">3.1</TD>
		<TD WIDTH="90%">Articles of Incorporation of the Company, as amended. Incorporated by reference from Exhibit 3.1 to the Company's Report on Form 10-Q for the period ended March 31, 1997.  </TD>
	</TR>

	<TR>
		<TD COLSPAN="2"> </TD>
	</TR>

	<TR>
		<TD WIDTH="10%" VALIGN="TOP">3.2</TD>
		<TD WIDTH="90%">Bylaws of the Company, as amended.  Incorporated by reference from Exhibit 3.2 to the Company's Report on Form 10-Q for the period ended March 31, 1997.  </TD>
	</TR>

	<TR>
		<TD COLSPAN="2"> </TD>
	</TR>

	<TR>
		<TD WIDTH="10%" VALIGN="TOP">27</TD>
		<TD WIDTH="90%">Financial Data Schedule.*</TD>
	</TR>

</TABLE>
<BR>
*Omitted pursuant to Rule 12b-25 under the Exchange Act.  This exhibit will be filed pursuant to an amendment to this Form 10-Q.<P>
<BR>

                (b)        <U>Reports on Form 8-K</U>.  The Registrant did not file any reports on Form 8-K during the
quarter ended June 30, 1999.<P>

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<CENTER>-4-
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<B><CENTER>SIGNATURES</CENTER></B><P>

                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.<P>

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	<TR>
		<TD WIDTH="45%"> </TD>
		<TD WIDTH="55%">THE COLONEL'S INTERNATIONAL, INC.</TD>
	</TR>

	<TR>
		<TD COLSPAN="2"> </TD>
	</TR>

	<TR>
		<TD COLSPAN="2"> </TD>
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	<TR>
		<TD WIDTH="45%" VALIGN="TOP">Dated: August 16, 1999</TD>
		<TD WIDTH="55%">By: /s/ Gregory Strzynski<HR SIZE="1" NOSHADE WIDTH="94%"></TD>
	</TR>

	<TR>
		<TD WIDTH="45%"> </TD>
		<TD WIDTH="55%">Gregory Strzynski</TD>
	</TR>

	<TR>
		<TD WIDTH="45%"> </TD>
		<TD WIDTH="55%">Chief Financial Officer</TD>
	</TR>

	<TR>
		<TD WIDTH="45%"> </TD>
		<TD WIDTH="55%">(Duly Authorized Officer and Principal Financial</TD>
	</TR>

	<TR>
		<TD WIDTH="45%"> </TD>
		<TD WIDTH="55%">   Officer of the Registrant)</TD>
	</TR>

</TABLE>
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<CENTER>-5-
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<P>
<CENTER><B>EXHIBIT INDEX</B></CENTER><P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%">
	<TR>
		<TD WIDTH="10%">Exhibit<BR>
<U>Number</U></TD>
		<TD WIDTH="90%" VALIGN="BOTTOM"><U>Description</U></TD>
	</TR>

	<TR>
		<TD COLSPAN="2"> </TD>
	</TR>

	<TR>
		<TD WIDTH="10%" VALIGN="TOP">2.1</TD>
		<TD WIDTH="90%">Agreement and Plan of Merger between The Colonel's, Inc. and Brainerd Merger Corporation and joined in by Brainerd International, Inc.  Incorporated by reference from Exhibit A to the Proxy Statement of Brainerd International, Inc. for
the Annual Meeting of Shareholders of Brainerd International, Inc. held on November 21, 1995.</TD>
	</TR>

	<TR>
		<TD COLSPAN="2"> </TD>
	</TR>

	<TR>
		<TD WIDTH="10%" VALIGN="TOP">2.2</TD>
		<TD WIDTH="90%">Agreement and Plan of Reorganization among Brainerd International, Inc. and The Colonel's Holdings, Inc. Incorporated by reference from Exhibit D to the Proxy Statement of Brainerd International, Inc. for the Annual Meeting of
Shareholders of Brainerd International, Inc. held on November 21, 1995.</TD>
	</TR>

	<TR>
		<TD COLSPAN="2"> </TD>
	</TR>

	<TR>
		<TD WIDTH="10%" VALIGN="TOP">2.3 </TD>
		<TD WIDTH="90%">Amended and Restated Asset Purchase Agreement by and between Colonel's Acquisition Corp. (later renamed AutoLign Manufacturing Group, Inc.), The Colonel's International, Inc., The Colonel's, Inc. and Donald J. Williamson dated November
23, 1998.  Incorporated by reference to Appendix A to the Company's Definitive Proxy Statement filed with the Securities and Exchange Commission on December 7, 1998.</TD>
	</TR>

	<TR>
		<TD COLSPAN="2"> </TD>
	</TR>

	<TR>
		<TD WIDTH="10%" VALIGN="TOP">2.4</TD>
		<TD WIDTH="90%">First Amendment to Amended and Restated Asset Purchase Agreement by and between AutoLign Manufacturing Group, Inc. (formerly known as Colonel's Acquisition Corp.), The Colonel's International, The Colonel's, Inc. and Donald J. Williamson
dated December 17, 1998.  Incorporated by reference to Exhibit 2(b) to the Company's Report on Form 8-K filed with the Securities and Exchange Commission on December 30, 1998.</TD>
	</TR>

	<TR>
		<TD COLSPAN="2"> </TD>
	</TR>

	<TR>
		<TD WIDTH="10%" VALIGN="TOP">2.5</TD>
		<TD WIDTH="90%">Agreement and Plan of Merger by and among The Colonel's International, Inc., The Colonel's Rugged Liner, Inc., Rugged Liner, Inc., Triad Management Group, Inc., Aerocover, Inc., Ground Force, Inc., and certain shareholders of the
foregoing, dated March 13, 1998.  Incorporated by reference to Exhibit 2(a) to the Registrant's Current Report on Form 8-K dated May 8, 1998.</TD>
	</TR>

	<TR>
		<TD COLSPAN="2"> </TD>
	</TR>

	<TR>
		<TD WIDTH="10%" VALIGN="TOP">2.6</TD>
		<TD WIDTH="90%">First Amendment to Agreement and Plan of Merger, by and among The Colonel's International, Inc., The Colonel's Rugged Liner, Inc., Rugged Liner, Inc., Triad Management Group, Inc., Aerocover, Inc., Ground Force, Inc., and certain
shareholders of the foregoing, dated April 23, 1998.  Incorporated by reference to Exhibit 2(b) to the Registrant's Current Report on Form 8-K dated May 8, 1998.</TD>
	</TR>

	<TR>
		<TD COLSPAN="2"> </TD>
	</TR>

	<TR>
		<TD WIDTH="10%" VALIGN="TOP">3.1</TD>
		<TD WIDTH="90%">Articles of Incorporation of the Company, as amended. Incorporated by reference from Exhibit 3.1 to the Company's Report on Form 10-Q for the period ended March 31, 1997.  </TD>
	</TR>

	<TR>
		<TD COLSPAN="2"> </TD>
	</TR>

	<TR>
		<TD WIDTH="10%" VALIGN="TOP">3.2</TD>
		<TD WIDTH="90%">Bylaws of the Company, as amended.  Incorporated by reference from Exhibit 3.2 to the Company's Report on Form 10-Q for the period ended March 31, 1997.  </TD>
	</TR>

	<TR>
		<TD COLSPAN="2"> </TD>
	</TR>

	<TR>
		<TD WIDTH="10%" VALIGN="TOP">27</TD>
		<TD WIDTH="90%">Financial Data Schedule.*</TD>
	</TR>

</TABLE>
<BR>
*Omitted pursuant to Rule 12b-25 under the Exchange Act.  This exhibit will be filed pursuant to an amendment to this Form 10-Q.<P>
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