DATAGUARD RECOVERY SERVICES INC
10QSB/A, 1995-07-03
COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
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                SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C.  20549

                            __________

                           Form 10-QSB/A



(Mark One)
  X   QUARTERLY REPORTS UNDER SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT
      OF 1934

For the quarterly period ended             March 31, 1995         
      

                                     OR

___   TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES
      EXCHANGE ACT OF 1934

For the transition period from                    to


                      Commission File Number 0-21662

                      Dataguard Recovery Services, Inc.
            (Exact name of registrant as specified in its charter)

              Kentucky                              61-1064606    
          
   (State or other jurisdiction of               (I.R.S. Employer
    incorporation or organization)              Identification No.)          
               

    10301 Linn Station Road, P.O. Box 37144, Louisville, KY 40233-7144     
        (Address of principal executive offices)           (Zip Code)

Registrant's telephone number, including area code          502-426-3434     


Former name, former address, and former fiscal year, if changed since last
report.

Indicate by check [X] 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 the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date - 4,965,770.



                                   
                                        
                                       
Item 6.  Exhibits and Reports on Form 8-K.

         (a)  Exhibits

              27.  Financial Data Schedule


         (b)  Reports on Form 8-K

              In connection with the Company's acquisition of certain 
operating assets of Twinsys on February 3, 1995, the Company filed a Current 
Report on Form 8-K dated February 3, 1995, as amended by Forms 8-K/A filed on 
April 19 and May 15, 1995.  


                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, this 
report has been signed by the following persons in the capacities and on the 
dates indicated.
                                           
                                           DATAGUARD RECOVERY SERVICES, INC.


Date:         July 3, 1995                 By: \s\ Richard W. Smith
                                               Richard W. Smith, President
                                               Chief Executive Officer, Chief 
                                               Financial Officer, Chief 
                                               Accounting Officer, Director


                                    




                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 5
       
<S>                             <C>
<PERIOD-TYPE>                   QTR-1
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               MAR-31-1995
<CASH>                                     $   487,056
<SECURITIES>                                         0
<RECEIVABLES>                                2,706,845
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                             3,310,228
<PP&E>                                      12,802,928
<DEPRECIATION>                               5,696,882
<TOTAL-ASSETS>                              10,595,551
<CURRENT-LIABILITIES>                        4,915,120
<BONDS>                                      1,880,755
<COMMON>                                     3,005,833
                                0
                                    341,670
<OTHER-SE>                                 (2,031,259)
<TOTAL-LIABILITY-AND-EQUITY>                10,595,551
<SALES>                                              0
<TOTAL-REVENUES>                             2,003,809
<CGS>                                                0
<TOTAL-COSTS>                                1,822,072
<OTHER-EXPENSES>                               104,677
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                 77,060
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                             77,060
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    77,060
<EPS-PRIMARY>                                      .01
<EPS-DILUTED>                                      .01
        

</TABLE>


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