U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 10-QSB/A
(Mark One)
/X/ Quarterly report under Section 13 or 15(d) of the Securities Exchange Act
of 1934
For the quarterly period ended June 30, 1995
/ / Transition report under Section 13 or 15(d) of the Exchange Act
For the transition period from __________ to __________
Commission file number 0-15929
BABYSTAR, INC.
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(Exact Name of Small Business Issuer as Specified in Its Charter)
DELAWARE 11-2726109
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(State or Other Jurisdiction of (I.R.S. Employer
Incorporation or Organization) Identification No.)
165 University Ave, Westwood, MA 02090
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(Address of Principal Executive Offices)
(617) 326-4100
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(Issuer's Telephone Number, Including Area Code)
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(Former Name, Former Address and Former Fiscal Year,
if Changed Since Last Report)
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 ISSUERS INVOLVED IN
BANKRUPTCY PROCEEDINGS DURING THE
PRECEDING FIVE YEARS
Check whether the registrant filed all documents and reports required to
be filed by section 12, 13 or 15(d) of the Exchange Act after the distribution
of securities under a plan confirmed by a court.
Yes ____ 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 last practicable date:
Common Stock, $0.01 par value 4,712,795 shares at August 15, 1995
Traditional Small Business Disclosure Format (check one):
Yes ____ No ____
BABYSTAR INC. AND SUBSIDIARY
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.
BABYSTAR INC.
/s/ Mark A. Hanson
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Mark A. Hanson
President, Chief Executive Officer and
Chief Financial Officer
2
EXHIBIT INDEX
Exhibit
No. Description
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27 Financial Data Schedule
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
The schedule contains summary financial information extracted from the
consolidated financial statements and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<CASH> 78,655
<SECURITIES> 0
<RECEIVABLES> 2,660,896
<ALLOWANCES> 0
<INVENTORY> 6,427,081
<CURRENT-ASSETS> 9,236,990
<PP&E> 206,863
<DEPRECIATION> 83,472
<TOTAL-ASSETS> 10,155,521
<CURRENT-LIABILITIES> 7,018,220
<BONDS> 0
<COMMON> 47,128
0
0
<OTHER-SE> 3,078,983
<TOTAL-LIABILITY-AND-EQUITY> 10,155,521
<SALES> 11,727,497
<TOTAL-REVENUES> 11,783,991
<CGS> 10,143,313
<TOTAL-COSTS> 11,807,814
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 62,021
<INCOME-PRETAX> (85,844)
<INCOME-TAX> 20,940
<INCOME-CONTINUING> (106,784)
<DISCONTINUED> (182,632)
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (289,416)
<EPS-PRIMARY> (.05)
<EPS-DILUTED> (.05)
</TABLE>
