CONECTISYS CORP
10QSB/A, 1996-08-30
SAVINGS INSTITUTION, FEDERALLY CHARTERED
Previous: CONECTISYS CORP, 10QSB/A, 1996-08-30
Next: BARRYS JEWELERS INC /CA/, 10-K/A, 1996-08-30



            U.S. SECURITIES AND EXCHANGE COMMISSION
                    Washington, D.C. 20549
                               
                         FORM 10-QSB/A
(MARK ONE)

[X]     QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
        SECURITIES EXCHANGE ACT OF 1934
            For the quarter ended May 31, 1996
                              or
[  ]    TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE
SECURITIES   EXCHANGE ACT OF 1934 [No Fee Required]

               Commission File Number 2-33-3560D
                               
                    CONECTISYS CORPORATION
        (Name of small business issuer in its charter)
                               
      Colorado                                  84-1017107
   (State or other                           (I.R.S. Employer
   jurisdiction of                          Identification No.)
  incorporation or
    organization)
                                                     
  7260 Spigno Place                                  
Agua Dulce, California                             91350
     (Address of                                (Zip Code)
      principal
 executive offices)

Issuer's telephone number: (805) 268-0305

Securities registered pursuant to Section 12(b) of the Act: None
Securities registered pursuant to Section 12(g) of the Act: None
                               
   Check whether the issuer (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Exchange Act during
the past 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 [  ]  No [X]

   Check if there is no disclosure of delinquent filers in
response to Item 405 of Regulation S-B contained herein, and
no disclosure will 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-QSB or
any amendment to this Form 10-QSB. [X]

   State issuer's revenues for its most recent fiscal year: $0

   The aggregate market value of the voting stock held by non-
affiliates computed by reference to the price at which the
stock was sold on July 12, 1996 was $ 26,943,919.  For
purposes of the foregoing calculation only, all directors and
executive officers of the registrant have been deemed
affiliates.

   The number of shares outstanding of each of the issuer's
classes of common equity, as of July 12, 1996, was 2,836,202.



Item 6   Exhibits and Reports on Form 8-K

     1.   Exhibit 27- Financial Data Schedule

                                  SIGNATURES

     In accordance with the requirements of the Exchange Act,
the registrant
caused this report to be signed on its behalf by the
undersigned, thereunto
duly authorized.



                                            Robert A. Spigno
Dated: Aug 30, 1996                     ____________________________
                                            Robert A.Spigno
                                    President and Chief Executive Officer



<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
This schedule contains summary information extracted
from Form 10-Q and is qualified in its entirety by reference
to such financial statements
</LEGEND>
<RESTATED> 
<MULTIPLIER> 1
       
<S>                             <C>                     <C>
<PERIOD-TYPE>                   3-MOS                   6-MOS
<FISCAL-YEAR-END>                          NOV-30-1996             NOV-30-1996
<PERIOD-END>                               FEB-28-1996             MAY-31-1996
<CASH>                                          200510                   31441
<SECURITIES>                                         0                       0
<RECEIVABLES>                                   466625                  466625
<ALLOWANCES>                                         0                       0
<INVENTORY>                                          0                       0
<CURRENT-ASSETS>                                250943                   37724
<PP&E>                                          125281                  172335
<DEPRECIATION>                                       0                       0
<TOTAL-ASSETS>                                 3040413                 2859615
<CURRENT-LIABILITIES>                          1043507                 1215692
<BONDS>                                              0                       0
                                0                       0
                                      16345                   16345
<COMMON>                                       6002505                 6029574
<OTHER-SE>                                           0                       0
<TOTAL-LIABILITY-AND-EQUITY>                   3040413                 2859615
<SALES>                                              0                       0<F1>
<TOTAL-REVENUES>                                     0                       0
<CGS>                                                0                       0
<TOTAL-COSTS>                                   769937                 1097418
<OTHER-EXPENSES>                                  1434                    2727
<LOSS-PROVISION>                                     0                       0
<INTEREST-EXPENSE>                               29244                  440358
<INCOME-PRETAX>                                      0                       0
<INCOME-TAX>                                         0                       0
<INCOME-CONTINUING>                                  0                       0
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                  (756580)               (1097418)
<EPS-PRIMARY>                                    (.27)                   (.41)<F2>
<EPS-DILUTED>                                    (.27)                   (.41)<F3>
<FN>
<F1>Conectisys is a development stage company
<F2>Calculated by using weighted shares
<F3>Due to loss all warranats and options are anti-dilutive
</FN>
        

</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission