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Form 10-QSB AMENDMENT #1
CONFORMED
Securities and Exchange Commission
Washington, D.C. 20549
(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, 1995
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the transition period from
Commission File Number 0-15545
Logitek, Incorporated
(Exact name of registrant as specified in its charter)
New York No. 11-2203507
State or other jurisdiction of (I.R.S Employer
incorporation or organization Identification No.)
101 Christopher St., Ronkonkoma, N.Y. 11779
(Address of principal executive offices and ZIP Code)
Registrant's Telephone Number, including area code 516-467-4200
Securities registered pursuant to Section 12(g) of the Act:
Common Stock, $.001, par value
Title of Class Name of each exchange on which registered
Check whether the issuer (1) has filed all reports required to be filed by
Section 13 or 15(d) of the Securities Exchange Act of 1934 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
As of November 1, 1995, their were 3,424,000 shares of common stock
outstanding.
LOGITEK, INC.
Quarterly Report on Form 10-QSB
INDEX
Page #
Part 1: FINANCIAL INFORMATION
Item 1. Financial Statements
Balance Sheets as of September 30, 1995 and June 30, 1995 3
Statements of Operations and Retained Earnings for the
Three Months Ended September 30, 1995 and 1994 4
Statements of Cash Flows for the Three Months
Ended September 30, 1995 and 1994 5
Notes to Financial Statements 6
Item 2. Management's Discussion and Analysis of Financial Condition
and Results of Operations 7
Part II: OTHER INFORMATION
Item 6. Exhibits and Reports on Form 8-K 9
Signatures 10
<PAGE>
PART II - OTHER INFORMATION
Item 6. Exhibits and Reports on Form 8-K
(a) Exhibits - None
(b) Reports on Form 8-K - None
(c) Article 27
<PAGE>
SIGNATURES
Pursuant to the requirements of The Securities and Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.
LOGITEK, INC.
Registrant
Date: 2/ 22/ 96 By: /s/ Herbert L. Fischer
Herbert L. Fischer
President and
Chief Executive Officer
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> JUN-30-1995
<PERIOD-END> SEP-30-1995
<CASH> 55,942
<SECURITIES> 0
<RECEIVABLES> 487,365
<ALLOWANCES> 0
<INVENTORY> 837,536
<CURRENT-ASSETS> 1,413,801
<PP&E> 688,659
<DEPRECIATION> 0
<TOTAL-ASSETS> 2,173,834
<CURRENT-LIABILITIES> 739,621
<BONDS> 0
<COMMON> 36,000
0
0
<OTHER-SE> 942,561
<TOTAL-LIABILITY-AND-EQUITY> 2,173,834
<SALES> 701,760
<TOTAL-REVENUES> 701,760
<CGS> 429,122
<TOTAL-COSTS> 429,122
<OTHER-EXPENSES> 192,407
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 21,344
<INCOME-PRETAX> 58,887
<INCOME-TAX> 8,833
<INCOME-CONTINUING> 50,054
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 50,054
<EPS-PRIMARY> .02
<EPS-DILUTED> .02
</TABLE>
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