UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form 10-Q
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the quarterly period ended October 31, 1999
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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 33-26692
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HIGH COUNTRY VENTURES, INC.
(Exact name of registrant as specified in its charter)
MINNESOTA 41-0825298
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(State or other jurisdiction of (IRS Employer Identification No.)
incorporation or organization)
121 S. 8th Street, Minneapolis, MN 55402
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(Address of principal executive offices)
(612) 339-3733
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(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 ___ No _X_
35,425,920 Common Shares were outstanding as of October 31, 1999
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HIGH COUNTRY VENTURES, INC.
I N D E X
Page
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PART I. FINANCIAL INFORMATION
Item 1. Financial Statements (Unaudited)
Condensed Balance Sheets
October 31, 1999 3
Statements of Income
Three months ended October 31, 1999 4
Item 2. Management's Discussion and Analysis of Financial
Condition and Results of Operations 5
PART II. OTHER INFORMATION 5
2
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Part I. FINANCIAL INFORMATION
Item 1. FINANCIAL STATEMENTS
HIGH COUNTRY VENTURES, INC.
CONDENSED BALANCE SHEETS
(Unaudited)
ASSETS
Current Assets
Cash $0.00
Total Assets $0.00
LIABILITIES AND EQUITY
Liabilities
Current liabilities
Accounts payable $ 29,871
Accrued income taxes $ 2,919
Total Current liabilities $ 32,790
Total Liabilities $ 32,790
Equity
Common stock, no par value $ 440,415
Accumulated deficit $(473,205)
Net income $ 0.00
Total equity $ (32,790)
Total: Liabilities and Equity $0.00
3
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HIGH COUNTRY VENTURES, INC.
STATEMENTS OF OPERATIONS
(Unaudited)
Ordinary Income/Expense
Income $0.00
Expense $0.00
Net Income $0.00
4
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HIGH COUNTRY VENTURES, INC.
NOTES TO CONDENSED FINANCIAL STATEMENTS
(Unaudited)
HIGH COUNTRY VENTURES, INC.
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
AND RESULTS OF OPERATIONS
The Company has had no operations in this quarter.
PART II. OTHER INFORMATION
Item 1. Legal Proceedings
The Company's subsidiary, High Country Fashions, Inc. filed a petition
in the Bankruptcy Court on January 7, 1998. The Bankruptcy Court
entered an order of discharge on October 5, 1999.
Item 6. Exhibits and Reports on Form 8-K
(b) No reports on Form 8-K were filed during the three months
ended October 31, 1999.
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.
HIGH COUNTRY VENTURES, INC.
Date September 29, 2000 By: /s/ Michael P. Johnson
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Michael P. Johnson
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