<PAGE>2
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-QSB/A
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES AND EXCHANGE ACT OF 1934
For the Quarter ended April 30, 1996
[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE
EXCHANGE ACT
For the transition period to
Commission file number - 0-25792
PRATT, WYLCE & LORDS, LTD.
(Exact name of Registrant as specified in its charter)
NEVADA 84-1247085
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization Identification Number)
P.O. Box 7571, Hilton Head Island, SC 29938
(Address of principal executive offices) (Zip Code)
(803) 686-5590
(Registrant's telephone number, including area code)
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 and Exchange
Act of 1934 during the preceding twelve months (or such shorter period
that the Registrant was required to file such reports), and (2) has been
subject to file such filing requirements for the past thirty days.
Yes x No
----- -----
Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the close of the period covered by this report:
2,588,500 Shares of Common Stock ($.001 par value)
(Title of Class)
Transitional Small Business Disclosure Format (check one):
Yes No x
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Date: September 14, 1996
/s/ Timothy Miles
- ---------------------------
Timothy Miles, President
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<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> JAN-31-1997
<PERIOD-END> APR-30-1996
<CASH> 133,458
<SECURITIES> 3,885,238
<RECEIVABLES> 1,042
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 0
<PP&E> 18,256
<DEPRECIATION> 4,977
<TOTAL-ASSETS> 4,115,087
<CURRENT-LIABILITIES> 4,152,512
<BONDS> 0
<COMMON> 2,679
0
0
<OTHER-SE> (40,104)
<TOTAL-LIABILITY-AND-EQUITY> 4,115,087
<SALES> 867,417
<TOTAL-REVENUES> 921
<CGS> 0
<TOTAL-COSTS> 300,913
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> 567,425
<INCOME-TAX> 211,117
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 338,928
<EPS-PRIMARY> .13
<EPS-DILUTED> 0
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