U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-KSB/A
[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE
ACT OF 1934
For the fiscal year ended March 31, 1996
Commission file number 0-18612
TV COMMUNICATIONS NETWORK, INC.
(Name of small business issuer in its charter)
Colorado 84-1062555
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
10020 E. Girard Avenue, Suite 300
Denver, Colorado 80231
(Address of principal executive offices) (Zip Code)
Issuer's telephone number, including area code (303) 751-2900
Securities registered pursuant to Section 12 (b) of the Act:
(Name of each exchange
(Title of each class) on which registered)
Common Stock None
Securities registered pursuant to Section 12 (g) of the Act: None
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 _____
Check here if there is no disclosure of delinquent filers in response
to Item 405 of Regulation S-B is not contained in this form, and no
disclosure will be contained, to the best of the registrant's
knowledge, in definitive proxy or information statements incorporated
by reference in Part III of this Form 10- KSB or any amendment to
this Form 10-KSB. [x]
Issuer's operational revenues for its most recent fiscal year ending
March 31, 1996, were $1,195,368.
The aggregate market value of the issuer's voting stock held by non-
affiliates computed by reference to the average bid and asked prices
of such stock as of June 14, 1996, is $1,498,940 (based on 3,997,174
shares and on average of bid and asked prices of $0.375).
The number of shares outstanding of each of the issuer's classes of
common equity as of June 15, 1996: 17,981,133 shares of common stock
Transitional Small Business Disclosure Format (check one): Yes ___ No
[x]
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1996
<PERIOD-END> MAR-31-1996
<CASH> 1,517,449
<SECURITIES> 2,186,883
<RECEIVABLES> 47,855
<ALLOWANCES> 0
<INVENTORY> 160,030
<CURRENT-ASSETS> 7,136,684
<PP&E> 2,543,500
<DEPRECIATION> 303,348
<TOTAL-ASSETS> 15,287,789
<CURRENT-LIABILITIES> 4,742,525
<BONDS> 0
0
960,813
<COMMON> 9,016
<OTHER-SE> 0
<TOTAL-LIABILITY-AND-EQUITY> 15,287,789
<SALES> 230,557
<TOTAL-REVENUES> 1,195,368
<CGS> 0
<TOTAL-COSTS> 3,583,696
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 185,891
<INCOME-PRETAX> 1,015,700
<INCOME-TAX> 503,314
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 512,386
<EPS-PRIMARY> .03
<EPS-DILUTED> .02
</TABLE>
