<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 10-QSB/A
AMENDMENT NO. 1
(Mark One)
|X| Quarterly report pursuant to section 13 or 15(d) of the Securities
Exchange Act of 1934 for the quarterly period ended March 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 0-18754
Black Warrior Wireline Corp.
-----------------------------------------------------
(Exact Name of Registrant as Specified in its Charter)
Delaware 11-2904094
------------------------------ -------------------
(State or Other Jurisdiction of (I.R.S. Employer
Incorporation or Organization) Identification No.)
3748 Highway 45 North, Columbus, Mississippi 39701
--------------------------------------------------
(Address of Principal Executive Offices)
(Zip Code)
(601) 329-1047
----------------------------------------------------
(Registrant's Telephone Number, Including Area Code)
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 [ ]
Indicate the number of shares outstanding of each of the issuer's
classes of common stock, as of the last practicable date.
Class Outstanding at May 12, 1995
- --------------------------- -----------------------------
Common Stock, par value 14,169,258 shares
$.0005 per share
Page 1 of 4 Pages
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BLACK WARRIOR WIRELINE CORP.
AMENDMENT NO. 1 TO
QUARTERLY REPORT ON FORM 10-QSB
PART II -- OTHER INFORMATION
Item 6. Exhibits and Reports on Form 8-K.
(a) Exhibits
27. Financial Data Schedule
(b) Reports on Form 8-K
The Company filed no reports on Form 8-K during the quarter
for which this Quarterly Report on Form 10-QSB is filed.
No other Items of Part II are applicable to the Registrant for the
period covered by this Quarterly Report on Form 10-QSB.
Page 2 of 4 Pages
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this Amendment No. 1 to be signed on its behalf
by the undersigned thereunto duly authorized.
BLACK WARRIOR WIRELINE CORP.
------------------------------
(Registrant)
Date: July 28, 1995 /s/WILLIAM L. JENKINS
---------------------
William L. Jenkins
President and
Chief Operating Officer
(Principal Executive, Financial
and Accounting Officer)
Page 3 of 4 Pages
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> MAR-31-1995
<CASH> 89,725
<SECURITIES> 0
<RECEIVABLES> 972,973
<ALLOWANCES> (117,540)
<INVENTORY> 227,545
<CURRENT-ASSETS> 1,326,019
<PP&E> 4,610,314
<DEPRECIATION> (3,267,372)
<TOTAL-ASSETS> 2,672,496
<CURRENT-LIABILITIES> 3,331,948
<BONDS> 2,000,000
<COMMON> 7,084
0
0
<OTHER-SE> (583,393)
<TOTAL-LIABILITY-AND-EQUITY> 2,672,496
<SALES> 1,525,319
<TOTAL-REVENUES> 1,525,319
<CGS> 0
<TOTAL-COSTS> 1,456,384
<OTHER-EXPENSES> 0
<LOSS-PROVISION> (247,328)
<INTEREST-EXPENSE> 150,332
<INCOME-PRETAX> 0
<INCOME-TAX> 0
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (247,328)
<EPS-PRIMARY> (0.02)
<EPS-DILUTED> 0
Page 4 of 4 Pages
<PAGE>
</TABLE>
