______________
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q/A
(Mark One)
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended December 31, 1995
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the transition period from ____________________ to ________________
Commission File Number: 001-10382
VALLEY FORGE SCIENTIFIC CORP.
(Exact name of registrant as specified in its charter)
PENNSYLVANIA 23-2131580
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
136 Green Tree Road, Oaks, Pennsylvania 19456
(Address of principal executive offices and zip code)
Telephone: (610) 666-7500
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 _____
At February 7, 1996 there were 8,229,384 shares outstanding of the
Registrant's no par value Common Stock.
______________
<PAGE>
ITEM 6 Exhibits and Reports
on Form 8-K
(a) Exhibits
Number Description
27 Financial Data Schedule
<PAGE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This Schedule contains summary financial information extracted
from the Company's Form 10-Q for the quarter ended December
31, 1995 and is qualified in its entirety by reference
to such financial statements.
</LEGEND>
<MULTIPLIER> 1
<CURRENCY> DOLLARS
<S> <C>
<PERIOD-TYPE> 3 MOS
<FISCAL-YEAR-END> SEP-30-1995
<PERIOD-START> OCT-01-1995
<PERIOD-END> DEC-31-1995
<EXCHANGE-RATE> 1
<CASH> 543,182
<SECURITIES> 0
<RECEIVABLES> 695,481
<ALLOWANCES> 0
<INVENTORY> 1,440,240
<CURRENT-ASSETS> 3,138,906
<PP&E> 317,957
<DEPRECIATION> 0
<TOTAL-ASSETS> 4,437,463
<CURRENT-LIABILITIES> 365,703
<BONDS> 0
<COMMON> 4,051,698
0
0
<OTHER-SE> 20,062
<TOTAL-LIABILITY-AND-EQUITY> 4,437,463
<SALES> 668,388
<TOTAL-REVENUES> 668,388
<CGS> 343,395
<TOTAL-COSTS> 402,906
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> (73,586)
<INCOME-TAX> (21,603)
<INCOME-CONTINUING> (51,983)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (51,983)
<EPS-PRIMARY> (.01)
<EPS-DILUTED> (.01)
</TABLE>
