U.S. Securities and Exchange Commission
Washington, D.C. 20549
FORM 10-QSB/A
AMENDMENT NO. 1
[ X ] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended March 31, 1995
[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE
EXCHANGE ACT
For the transition period from _____________ to ___________
Commission file number: 33-26036
PROPERTY SECURED INVESTMENTS, INC.
----------------------------------
(Exact name of small business issuer as
specified in its charter)
California 95-4075422
------------------------ -----------------------
(State of Incorporation) (I.R.S. Employer ID No.)
445 South Figueroa Street, Ste. 2600
Los Angeles, CA 90071-1630
(Address of principal executive offices)
(213) 612-7714 (Andrew K. Proctor)
----------------------------------
(Issuer's telephone number)
Check whether the issuer (1) 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 X No
----- -----
APPLICABLE ONLY TO CORPORATE ISSUERS
State the number of shares outstanding of each of the
issuer's classes of common equity, as of the latest practicable date.
At May 12, 1995, 707,918 shares of common stock, no par value.
Transitional Small Business Disclosure Format (check one):
Yes No X
----- -----
THE PURPOSE OF THIS AMENDMENT IS TO ATTACH
THE FINANCIAL DATA SCHEDULE AS A SEPARATE DOCUMENT.
Page 1 of 3 <PAGE>
SIGNATURES
----------
Pursuant to the requirements of the Exchange Act, the
registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
Property Secured Investments, Inc.
----------------------------------
(Registrant)
Dated: August 1, 1995 By: /s/ Andrew K. Proctor
----------------------------
Andrew K. Proctor,
Chairman and President
Dated: August 1, 1995 By: /s/ Andrew K. Proctor
----------------------------
Andrew K. Proctor,
Treasurer
Page 2 of 3 <PAGE>
<TABLE> <S> <C>
<ARTICLE> 5
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> MAR-31-1995
<CASH> 205,786
<SECURITIES> 0
<RECEIVABLES> 234,886
<ALLOWANCES> 9,386
<INVENTORY> 0
<CURRENT-ASSETS> 0
<PP&E> 0
<DEPRECIATION> 0
<TOTAL-ASSETS> 762,802
<CURRENT-LIABILITIES> 34,398
<BONDS> 0
<COMMON> 6,298,479
0
0
<OTHER-SE> 0
<TOTAL-LIABILITY-AND-EQUITY> 762,802
<SALES> 0
<TOTAL-REVENUES> 8,460
<CGS> 0
<TOTAL-COSTS> 27,281
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> (18,821)
<INCOME-TAX> 0
<INCOME-CONTINUING> (18,821)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (18,821)
<EPS-PRIMARY> (.03)
<EPS-DILUTED> (.03)
</TABLE>
