<PAGE>
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 September 30, 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 Small Business Issuer 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
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(Address of Principal Executive Offices)
(Zip Code)
(601) 329-1047
--------------------------------------------
(Issuer's Telephone Number, Including Area Code)
Indicate by a check mark whether the Issuer (1) has filed all Reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the proceeding 12 months (or for such shorter period that the Issuer
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 latest practicable date.
Class Outstanding at November 10,
1995
- ------------------------------ ------------------------------
Common Stock, par value 70,846.29 shares
$.0005 per share
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BLACK WARRIOR WIRELINE CORP.
QUARTERLY REPORT ON FORM 10-QSB-A
INDEX
Page
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Item 6. Exhibits and Reports on Form 8-K 10
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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.
BLACK WARRIOR WIRELINE CORP.
----------------------------
(Registrant)
Date: November 10 , 1995 WILLIAM L. JENKINS
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William L. Jenkins
President and
Chief Operating Officer
(Principal Executive, Financial
and Accounting Officer)
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<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> SEP-30-1995
<CASH> $91,617
<SECURITIES> $0
<RECEIVABLES> $1,077,928
<ALLOWANCES> ($101,178)
<INVENTORY> $197,957
<CURRENT-ASSETS> $1,460,866
<PP&E> $4,638,968
<DEPRECIATION> ($3,444,166)
<TOTAL-ASSETS> $2,661,207
<CURRENT-LIABILITIES> $5,609,281
<BONDS> $2,000,000
<COMMON> $7,084
$0
$0
<OTHER-SE> (583,393)
<TOTAL-LIABILITY-AND-EQUITY> $2,661,207
<SALES> $4,639,179
<TOTAL-REVENUES> $4,639,173
<CGS> $0
<TOTAL-COSTS> $4,771,973
<OTHER-EXPENSES> $4,318,393
<LOSS-PROVISION> $0
<INTEREST-EXPENSE> $453,580
<INCOME-PRETAX> $0
<INCOME-TAX> $0
<INCOME-CONTINUING> ($588,968)
<DISCONTINUED> $0
<EXTRAORDINARY> $0
<CHANGES> $0
<NET-INCOME> ($588,968)
<EPS-PRIMARY> ($0.04)
<EPS-DILUTED> $0
</TABLE>