<PAGE> 1
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
----------------------
FORM 10-QSB/A
AMENDMENT NO. 1
(Mark One)
/X/ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934.
For the quarterly period ended November 30, 1995.
/ / TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934.
For the transition period from to .
---------------- ---------------
Commission File Number 0-15482
WAVETECH, INC.
(Exact name of small business issuer as specified in its charter)
NEW JERSEY 22-2726569
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
5210 E. WILLIAMS CIRCLE, SUITE 200
TUCSON, ARIZONA 85711
(Address of principal executive offices)
(520) 750-9093
(Issuer's telephone number)
- --------------------------------------------------------------------------------
The undersigned registrant hereby amends its Quarterly Report on Form
10-QSB for the fiscal quarter ended November 30, 1995, as follows:
Item 6, Exhibits and Reports on Form 8-K, is amended to include Exhibit
27, as follows:
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ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K
A. EXHIBITS
<TABLE>
<CAPTION>
Exhibit No. Description Method of Filing
----------- ----------- ----------------
<S> <C> <C>
27 Financial Data Schedule Filed herewith.
</TABLE>
B. REPORTS ON FORM 8-K
None.
2
<PAGE> 3
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the undersigned has duly caused this amended report to be signed on its behalf
by the undersigned thereunto duly authorized.
Dated: April 12, 1996 WAVETECH, INC.
By: /s/ Gerald I. Quinn
------------------------------------------
Gerald I. Quinn
President and Chief Executive Officer
By: /s/ Terence E. Belsham
------------------------------------------
Terence E. Belsham
Chief Financial Officer
3
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
Consolidated Balance Sheet dated November 30, 1995 and Consolidated Statement of
Operations for the period ended November 30, 1995, and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> AUG-31-1996
<PERIOD-START> SEP-01-1995
<PERIOD-END> NOV-30-1995
<CASH> 832,305
<SECURITIES> 0
<RECEIVABLES> 12,730
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 845,035
<PP&E> 513,389
<DEPRECIATION> (40,416)
<TOTAL-ASSETS> 1,386,533
<CURRENT-LIABILITIES> 315,774
<BONDS> 0
0
0
<COMMON> 10,500
<OTHER-SE> 1,060,259
<TOTAL-LIABILITY-AND-EQUITY> 1,386,533
<SALES> 0
<TOTAL-REVENUES> 7,359
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 294,725
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> (287,366)
<INCOME-TAX> 0
<INCOME-CONTINUING> (287,366)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (287,386)
<EPS-PRIMARY> (.03)
<EPS-DILUTED> 0
</TABLE>
