UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K/A
Amendment No. 1
(Mark One)
[ X ] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 [FEE REQUIRED]
For the fiscal year ended December 31, 1995
OR
[ ]TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]
For the transition period from to .
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Commission File Number 0-14096
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Foreland Corporation
- -----------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Nevada 87-0422812
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(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
12596 West Bayaud, Suite 300
Lakewood, Colorado 80228-2019
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code(303) 988-3122
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Securities registered pursuant to section 12(b) of the Act:
Title of each class Name of each exchange on which
registered
None None
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Securities registered pursuant to section 12(g) of the Act:
Common Stock, Par Value $0.001
Class L Common Stock Purchase Warrants
--------------------------------------
(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. Yes x No o
The aggregate market value of the registrant's voting stock held by
nonaffiliates computed at the average closing bid and asked prices in the over-
the-counter market as quoted on the National Association of Securities Dealers
National Quotation system ("NASDAQ") on April 15, 1996, was approximately
$20,768,876.
As of April 15, 1996, the Company had outstanding 14,489,401 shares of its
common stock, par value $0.001.
Documents Incorporated by Reference. List hereunder the following
documents if incorporated by reference and the part of the form 10-K (e.g., part
I, part II, etc.) into which the document is incorporated: (1) any annual
report to security holders; (2) any proxy or information statement; and (3)
any prospectus filed pursuant to rule 424(b) or (c) under the Securities Act of
1933: None.
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-K or any amendment to this
Form 10-K. o
Page 1 of 3 consecutively numbered pages.
<PAGE>
The registrant hereby amends its annual report on Form 10-K in order to
electronically file its financial data schedule for such report.
SIGNATURES
Pursuant to the requirements of section 13 or 15(d) of the Securities
Exchange of 1934, as amended, the Registrant has duly caused this amendment to
be signed on its behalf by the undersigned, thereunto duly authorized.
FORELAND CORPORATION
Dated: April 16, 1996 By /S/ N. Thomas Steele
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N. Thomas Steele, President
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE
SHEETS AS OF DECEMBER 31, 1995, AND STATEMENTS OF OPERATIONS FOR THE YEAR ENDED
DECEMBER 31, 1995, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> DEC-31-1995
<CASH> 30,490
<SECURITIES> 0
<RECEIVABLES> 438,058
<ALLOWANCES> 0
<INVENTORY> 81,382
<CURRENT-ASSETS> 559,728
<PP&E> 7,173,796
<DEPRECIATION> 2,363,211
<TOTAL-ASSETS> 5,601,098
<CURRENT-LIABILITIES> 2,565,135
<BONDS> 0
<COMMON> 14,489
0
1,489
<OTHER-SE> 23,301,858
<TOTAL-LIABILITY-AND-EQUITY> 5,601,098
<SALES> 1,017,401
<TOTAL-REVENUES> 1,115,876
<CGS> 424,445
<TOTAL-COSTS> 3,406,851
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 125,278
<INCOME-PRETAX> (2,275,565)
<INCOME-TAX> 0
<INCOME-CONTINUING> (2,275,565)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (2,275,565)
<EPS-PRIMARY> (.16)
<EPS-DILUTED> 0
</TABLE>
