<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-C
REPORT BY ISSUER OF SECURITIES QUOTED ON
THE NASDAQ STOCK MARKET
Filed pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934 and Rule 13a-17
or 15d-17 thereunder
Children's Comprehensive Services, Inc.
- --------------------------------------------------------------------------------
(Exact name of issuer as specified in charter)
805 South Church Street, Murfreesboro, Tennessee 37130
- --------------------------------------------------------------------------------
(Address of principal executive offices)
(615) 896-3100
- --------------------------------------------------------------------------------
(Issuer's telephone number, including area code)
I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of 5% or more in the number of
shares outstanding:
1. Title of security Common Stock, $.01 par value
----------------------------------------------------------
2. Number of shares outstanding before the change 10,757,532
-----------------------------
3. Number of shares outstanding after the change 5,378,766*
-----------------------------
4. Effective date of change Close of business, March 21, 1996
---------------------------------------------------
5. Method of change Reverse Stock Split
-----------------------------------------------------------
* Before settlement of fractional shares.
Give brief description of transaction:
The registrant effected a 1-for-2 reverse stock split by amending its
- --------------------------------------------------------------------------------
Restated Charter to decrease the number of authorized shares of its Common
- --------------------------------------------------------------------------------
Stock from 20 million shares to 10 million shares and, concurrently, by
- --------------------------------------------------------------------------------
reclassifying each two shares of its Common Stock into one share.
- --------------------------------------------------------------------------------
Date: March 29, 1996 /s/ Donald B. Whitfield
------------------------------------
Donald B. Whitfield
Vice President - Finance