AMENDMENT #1
This amendment is being sent to
add the Financial Data Schedule
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-QSB
(X) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES AND EXCHANGE ACT OF 1934 FOR THE FISCAL QUARTER
ENDED July 31, 1995
( ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES AND EXCHANGE ACT OF 1934
Commission File No. 0-17500
VERSUS TECHNOLOGY, INC.
(Exact name of Registrant as specified in its charter)
Delaware 22-2283745
(State or other jurisdiction of (I.R.S. Employer
Incorporation of Organization) Identification Number)
2320 West Aero Park Court
Traverse City, Michigan 49686
(Address of principal executive offices)
616-946-5868
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 twelve
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 .
The aggregate market value of the Common Stock held by
nonaffiliates of the registrant on June 20, 1995 was
approximately $2,340,000.
Number of shares of Common Stock, par value $.01 per share,
outstanding as of July 31, 1995: 4,160,780.
Number of Redeemable Class A Warrants outstanding as of July 31,
1995: 2,233,800.
<PAGE>
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) 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.
VERSUS TECHNOLOGY, INC.
(Registrant)
By:
Gary T. Gaisser
President and Chief Executive Officer
October 24, 1995
<TABLE> <S> <C>
<ARTICLE> 5
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> JUL-31-1995
<CASH> 322,000
<SECURITIES> 0
<RECEIVABLES> 195,000
<ALLOWANCES> 25,000
<INVENTORY> 246,000
<CURRENT-ASSETS> 799,000
<PP&E> 643,000
<DEPRECIATION> 544,000
<TOTAL-ASSETS> 1,262,000
<CURRENT-LIABILITIES> 1,615,000
<BONDS> 0
<COMMON> 42,000
0
0
<OTHER-SE> (395,000)
<TOTAL-LIABILITY-AND-EQUITY> 1,262,000
<SALES> 788,000
<TOTAL-REVENUES> 788,000
<CGS> 650,000
<TOTAL-COSTS> 650,000
<OTHER-EXPENSES> 2,136,000
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 8,000
<INCOME-PRETAX> (1,200,000)
<INCOME-TAX> 0
<INCOME-CONTINUING> (1,200,000)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (1,200,000)
<EPS-PRIMARY> (.29)
<EPS-DILUTED> (.29)
</TABLE>
