SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-QSB/A
[x] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the Quarterly Period Ended May 31, 1996
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the Transition Period from __________
Commission File Number: 0-19945
NoFire Technologies, Inc.
(Name of small business issuer in its charter)
Delaware 22-3218682
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
Issuer's telephone number (201) 818-1616
Check whether the issuer (1) 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 toi file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
YES X NO
Check whether the issuer has 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 the Court.
YES X NO
State the number of shares of each of the issuer's classes of common equity
outstanding at the latest prcticable date: 8,288,782 shares of Common Stock
as of July 1, 1996.
Transitional Small Business Disclosure Format (check one):
Yes No X
EXHIBIT 27 - FINANCIAL DATA SCHEDULE
[ARTICLE] 5
<TABLE>
<S> <C>
[PERIOD-TYPE] 9-MOS
[FISCAL-YEAR-END] AUG-31-1995
[PERIOD-END] MAY-31-1996
[CASH] 12,506
[SECURITIES] 0
[RECEIVABLES] 1,035
[ALLOWANCES] 0
[INVENTORY] 49,165
[CURRENT-ASSETS] 77,025
[PP&E] 7,044
[DEPRECIATION] 19,725
[TOTAL-ASSETS] 1,565,910
[CURRENT-LIABILITIES] 1,314,539
[BONDS] 436,002
[PREFERRED-MANDATORY] 0
[PREFERRED] 0
[COMMON] 1,637,756
[OTHER-SE] (3,682,947)
[TOTAL-LIABILITY-AND-EQUITY] 1,565,910
[SALES] 35,274
[TOTAL-REVENUES] 35,274
[CGS] 21,650
[TOTAL-COSTS] 21,650
[OTHER-EXPENSES] 1,106,912
[LOSS-PROVISION] 0
[INTEREST-EXPENSE] 184,394
[INCOME-PRETAX] (1,277,682)
[INCOME-TAX] 0
[INCOME-CONTINUING] (1,277,682)
[DISCONTINUED] 0
[EXTRAORDINARY] 0
[CHANGES] 0
[NET-INCOME] (1,277,682)
[EPS-PRIMARY] (0.16)
[EPS-DILUTED] (0.16)
</TABLE>
SIGNATURE
In accordance with the requirements of the Exchange Act, the registrant
caused this repoert to be signed on its behalf by the undersigned, thereunto
duly authorized.
Dated: August 23, 1996 NoFire Technologies, Inc.
By: /s/ Charles R. Stone
Charles R. Stone
Vice President and Chief
Financial Officer
(Chief Accounting Officer)
