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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q/A
Amendment No. 1
(Mark One)
[x] Quarterly report pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
For the quarterly period ended September 30, 1998
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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 0-5486
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PRESIDENTIAL LIFE CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 13-2652144
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(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)
69 Lydecker Street, Nyack, New York 10960
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(Address of principal executive offices) (Zip Code)
(914) 358-2300
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(Registrant's telephone number, including area code)
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(Former name, former address and former fiscal year, if changed since last
report.)
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 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 _________
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There were 31,743,989 shares of common stock, par value $.01 per share of the
issuer's common stock, outstanding as of the close of business on November 12,
1998.
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PART II. OTHER INFORMATION
Item 6. Exhibits and Reports on Form 8-K
The registrant's Form 10-Q for the quarterly period ended September 30, 1998 is
hereby amended to add Exhibit 15.1 (Letter re: unaudited interim financial
information) to Item 6(a).
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Signature
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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.
PRESIDENTIAL LIFE CORPORATION
DATE: February 23, 1999 By: /s/ Herbert Kurz
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Herbert Kurz
President and Duly Authorized
Officer of the Registrant
DATE: February 23, 1999 By: /s/ Michael V. Oporto
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Michael V. Oporto
Principal Accounting Officer of the
Registrant
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EXHIBIT INDEX
The following Exhibits are included in this Quarterly Report on Form 10-Q:
Exhibit Exhibit
Number Description
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15.1 Letter re: unaudited interim financial information.
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February 22, 1999
Presidential Life Corporation
69 Lydecker Street
Nyack, New York 10960
We have made a review, in accordance with standards established by the American
Institute of Certified Public Accountants, of unaudited interim financial
information of Presidential Life Corporation and subsidiaries for the periods
ended September 30, 1998 and 1997, as indicated in our report dated October 30,
1998; because we did not perform an audit, we expressed no opinion on that
information.
We are aware that our report referred to above, which is included in your
Quarterly Report on Form 10-Q for the quarter ended September 30, 1998, is
incorporated by reference in Registration Statement No. 333-63831 on Form S-3.
We also are aware that the aforementioned report, pursuant to rule 436(c) under
the Securities Act of 1933, is not considered a part of the Registration
Statement prepared or certified by an accountant or a report prepared or
certified by an accountant within the meaning of Sections 7 and 11 of that Act.
/s/ Deloitte & Touche LLP
DELOITTE & TOUCHE LLP
New York, New York
