FORM 10 - KSB-A
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Commission file number 000-18448 For the fiscal year ended December 31, 1995
AMERICAN CONSOLIDATED LABORATORIES, INC.
_______________________________________________________________
(Exact name of registrant as specified in its charter )
FLORIDA 59-2624130
(State or other jurisdiction of ( I.R.S. Employer
incorporation or organization) Identification No.)
1640 NORTH MARKET DRIVE, RALEIGH, NORTH CAROLINA 27609
(Address of principal executive offices) (Zip code)
(919) 872- 0744
Registrant's telephone number, including area code
Name of each Exchange
Title of Each Class on Which Registered
None None
SECURITIES REGISTERED PURSUANT TO
SECTION 12 (g) THE ACT:
Common Stock, $0.05 Par Value
Title of class
Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 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
Registrant's revenues for the year ended December 31, 1995 were $9,003,229. The
aggregate market value of the Common Stock of the Registrant held by
non-affiliates as of February 28, 1996 was $374,222. The number of shares
outstanding of Common Stock of the registrant as of February28, 1996 was
4,436,927.
DOCUMENTS INCORPORATED BY REFERENCE
Proxy Statement for Annual Meeting of Shareholders. (The Company intends to file
with the Commission a definitive proxy statement pursuant to Regulation 14A
prior to April 30, 1996.)
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<NAME> ACL
<CURRENCY> US DOLLARS
<S> <C> <C> <C> <C>
<PERIOD-TYPE> 3-MOS 6-MOS 9-MOS 12-MOS
<FISCAL-YEAR-END> DEC-31-1995 DEC-31-1995 DEC-31-1995 DEC-31-1995
<PERIOD-START> JAN-01-1995 APR-01-1995 JUL-01-1995 OCT-01-1995
<PERIOD-END> MAR-31-1995 JUN-30-1995 SEP-30-1995 DEC-30-1995
<EXCHANGE-RATE> 1 1 1 1
<CASH> 138,795 96,209 98,026 37,772
<SECURITIES> 0 0 0 0
<RECEIVABLES> 1,154,102 1,423,733 1,416,656 635,032
<ALLOWANCES> 87,000 82,100 78,100 216,000
<INVENTORY> 848,016 1,054,910 858,769 1,094,743
<CURRENT-ASSETS> 2,260,109 2,754,686 2,442,863 1,772,728
<PP&E> 1,717,045 1,778,392 1,895,292 1,750,324
<DEPRECIATION> 1,102,210 1,139,221 1,175,522 1,128,838
<TOTAL-ASSETS> 4,377,808 4,983,758 4,664,367 3,841,558
<CURRENT-LIABILITIES> 2,245,963 2,163,243 1,944,878 2,662,955
<BONDS> 0 0 0 0
0 0 0 0
0 0 0 0
<COMMON> 196,153 208,409 214,097 221,847
<OTHER-SE> 0 0 0 (225,000)
<TOTAL-LIABILITY-AND-EQUITY> 4,377,808 1,934,561 4,664,367 3,841,558
<SALES> 2,188,528 2,641,113 2,523,295 1,650,293
<TOTAL-REVENUES> 2,188,528 2,641,113 2,523,295 1,650,293
<CGS> 1,442,277 1,748,661 1,545,335 1,503,802
<TOTAL-COSTS> 799,903 1,002,360 1,224,293 1,511,257
<OTHER-EXPENSES> 0 0 0 0
<LOSS-PROVISION> 0 (4,900) (4,000) 137,900
<INTEREST-EXPENSE> 35,597 37,358 36,876 104,705
<INCOME-PRETAX> (73,913) (129,448) (282,260) (1,608,825)
<INCOME-TAX> 0 0 0 0
<INCOME-CONTINUING> (73,913) (129,448) (282,260) (1,608,825)
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<NET-INCOME> (73,913) (129,448) (282,260) (1,608,825)
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