FORM 10-QSB/A No. 2 - QUARTERLY REPORT
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended June 30, 1996
[ ] 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 0-18184
SK Technologies Corporation
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(Exact name of small business issuer as specified in its charter)
Delaware 52-1507455
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(State or other jurisdiction of (IRS Employer Identification No.)
incorporation or organization)
1650 S. Dixie Highway, Boca Raton, FL 33432
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(Address of principal executive offices)
(561) 393-7540
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(Issuer's telephone number, including area code)
Not applicable
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(Former name, former address and former fiscal year,
if changed since last report)
Check whether the issuer (1) filed all reports required to be filed
by Section 13 or 15(d) of the Securities Exchange Act during the
past 12 months (or for such shorter periods 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
APPLICABLE ONLY TO CORPORATE ISSUERS
State the number of shares outstanding of each of the issuer's
classes of common equity as of the latest practicable date.
Common Stock, $.001 Par Value = 6,130,495 shares as of September 30,
1996.
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PART II. OTHER INFORMATION
Item 1. Legal Proceedings.
Not applicable
Item 2. Changes in Securities.
Not applicable
Item 3. Defaults Upon Senior Securities.
Not applicable
Item 4. Submission of Matters to a Vote of Security Holders.
Not applicable
Item 5. Other Information.
Item 6. Exhibits and Reports on Form 8-K.
The following document is filed as part of this report:
a) Exhibits
Exhibit # Description of Exhibit
27. Financial Data Schedule for the quarterly period ended June
30, 1996.
b) Reports on Form 8-K
The Company did not file any reports on Form 8-K during the three
months ended June 30, 1996.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, SK
Technologies Corporation has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
SK Technologies Corporation
(Registrant)
Date: November 8, 1996 /s/ Calvin S. Shoemaker
President, Chief Executive Officer
Date: November 8, 1996 /s/ Melvin T. Goldberger
Treasurer, Principal Accounting Officer
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS 10QSB SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM
10 QSB FOR THE QUARTERLY PERIOD ENDED JUNE 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> MAR-31-1997
<PERIOD-END> JUN-30-1996
<CASH> 142,686
<SECURITIES> 0
<RECEIVABLES> 26,385
<ALLOWANCES> 9,701
<INVENTORY> 21,814
<CURRENT-ASSETS> 182,933
<PP&E> 917,300
<DEPRECIATION> 376,039
<TOTAL-ASSETS> 1,223,554
<CURRENT-LIABILITIES> 3,621,042
<BONDS> 533,906
688
0
<COMMON> 6,114
<OTHER-SE> (2,938,196)
<TOTAL-LIABILITY-AND-EQUITY> 1,223,554
<SALES> 193,149
<TOTAL-REVENUES> 193,149
<CGS> 24,301
<TOTAL-COSTS> 104,519
<OTHER-EXPENSES> 473,718
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 72,690
<INCOME-PRETAX> (447,553)
<INCOME-TAX> 0
<INCOME-CONTINUING> (385,088)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (447,553)
<EPS-PRIMARY> (0.07)
<EPS-DILUTED> (0.07)
</TABLE>
