U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-QSB/A (No. 1)
X Quarterly Report under Section 13 or 15(d) of the
Securities Exchange Act of 1934
For the quarterly period ended March 31, 1999.
_____ Transition Report under Section 13 or 15(d) of the
Exchange Act
For the transition period from ______ to ___________
Commission File Number 000-19318
SPARTA FOODS, INC.
(Exact name of small business issuer as specified in its charter)
Minnesota 41-1618240
(state or other jurisdiction of IRS Employer Identification No.
incorporation or organization)
1565 First Avenue NW, New Brighton, MN 55112
(Address of principal executive offices)
(651) 697-5500
(Issuer's telephone number)
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
State the number of shares outstanding of each of the Issuer's classes of common
equity, as of the latest practicable date:
10,191,416 of Common Stock at April 28, 1999.
Transitional Small Business Disclosure Format: Yes No X
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PART II. OTHER INFORMATION
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
(a) The Annual Meeting of the Registrant's shareholders was held on
Thursday, February 25, 1999.
(b) At the Annual Meeting a proposal to set the number of directors at
six was adopted by a vote of 6,741,259 shares in favor, with 75,454 shares
against, 42,033 shares abstaining and -0- shares represented by broker nonvotes.
(c) Proxies for the Annual Meeting were solicited pursuant to
Regulation 14A under the Securities Exchange Act of 1934, there was no
solicitation in opposition to management's nominees, and the following persons
were elected directors of the Registrant to serve until the next annual meeting
of shareholders and until their successors shall have been duly elected and
qualified:
Nominee Number of Votes For Number of Votes Withheld
Larry P. Arnold 6,805,989 52,757
Joel P. Bachul 6,805,989 52,757
John D. Johnson 6,805,989 52,757
Edward K. Jorgensen 6,805,989 52,757
Michael J. Kozlak 6,805,989 52,757
R. Dean Nelson 6,805,989 52,757
(d) At the Annual Meeting the shareholders adopted an amendment to the
Registrant's Articles of Incorporation to provide that the Minnesota Control
Share Acquisition Act will not apply to the Company or its shareholders.
SIGNATURE
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.
SPARTA FOODS, INC.
(Registrant)
By /s/ Joel P. Bachul
Joel P. Bachul
President and Chief Executive Officer
