UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-QSB/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 June 30, 1996
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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 0-19644
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GALLERY RODEO INTERNATIONAL
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(Exact name of registrant as specified in its charter)
California 33-0300193
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(State or other jurisdiction of (I.R.S. Employer
incorporation or organization Identification Number)
2 North Cascade Avenue, Suite 330, Colorado Springs, Colorado 80903
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (719) 520-1800
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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 periods 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
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As of June 30, 1996, there were 15,521,681 shares of Common Stock outstanding.
<PAGE>
EXPLANATORY NOTE
This Form 10-QSB/A constitutes Amendment No. 1 to the Form 10-Q for the
quarter ended June 30, 1996, filed by the Company on August 22, 1996, and is
being filed solely for the purpose of filing Exhibit 27, Financial Data
Schedule.
2
<PAGE>
Item 6 - Exhibits and reports on Form 8-K.
(a) Exhibit
27 Financial Data Schedule.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
GALLERY RODEO INTERNATIONAL
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(Registrant)
DATE: 10/14/96 BY: /s/ J. Royce Renfrow
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J. ROYCE RENFROW, SECRETARY
DATE: 10/14/96 BY: /s/ James A. Humpal
-------------------------------- ----------------------------------
JAMES A. HUMPAL, TREASURER
Principal Financial Officer
3
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from
Gallery Rodeo International and its subsidiaries unaudited balance
sheet as of June 30, 1996 and the related statement of income for
the six months then ended and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
<CIK> 0000837852
<NAME> Gallery Rodeo International
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> JUN-30-1996
<CASH> 327
<SECURITIES> 0
<RECEIVABLES> 0
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 327
<PP&E> 2,154,823
<DEPRECIATION> (1,021)
<TOTAL-ASSETS> 5,604,264
<CURRENT-LIABILITIES> 1,580,309
<BONDS> 0
<COMMON> 5,364,222
0
0
<OTHER-SE> (4,656,616)
<TOTAL-LIABILITY-AND-EQUITY> 5,604,264
<SALES> 0
<TOTAL-REVENUES> 0
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 170,447
<LOSS-PROVISION> 350,000
<INTEREST-EXPENSE> 61,957
<INCOME-PRETAX> (482,033)
<INCOME-TAX> 0
<INCOME-CONTINUING> (482,033)
<DISCONTINUED> (123,105)
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (605,138)
<EPS-PRIMARY> (0.04)
<EPS-DILUTED> (0.04)
</TABLE>
