<PAGE>
U. S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-QSB/A
(Mark One)
[ X ] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the nine-month and quarterly period ended November 30, 1997
[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT
For the transition period from to
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Commission file number 0-17879
BEST COLLATERAL, INC.
(Exact name of small business issuer as specified in its charter)
COLORADO 84-1107903
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(State or other jurisdiction (IRS Employer
of incorporation or organization) Identification No.)
2447 MISSION STREET, SAN FRANCISCO, CA 94110
(Address of principal executive offices) (Zip code)
(415) 550 - 6674
(Issuer's telephone number)
Check whether the issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 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:
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State the number of shares outstanding of each of the issuer's classes of
common equity, as of the latest practicable date: 4,024,990 shares
Transitional Small Business Disclosure Format (check one): Yes: No: X
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<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-START> MAR-01-1997
<PERIOD-END> NOV-30-1997
<CASH> 8,645
<SECURITIES> 0
<RECEIVABLES> 3,153,436
<ALLOWANCES> 70,840
<INVENTORY> 989,519
<CURRENT-ASSETS> 4,194,889
<PP&E> 1,179,010
<DEPRECIATION> 569,455
<TOTAL-ASSETS> 4,858,045
<CURRENT-LIABILITIES> 3,499,443
<BONDS> 0
0
0
<COMMON> 402,499
<OTHER-SE> 553,603
<TOTAL-LIABILITY-AND-EQUITY> 4,858,045
<SALES> 2,155,674
<TOTAL-REVENUES> 3,200,287
<CGS> 993,326
<TOTAL-COSTS> 1,768,541
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 232,397
<INCOME-PRETAX> 206,021
<INCOME-TAX> 78,000
<INCOME-CONTINUING> 128,021
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 128,021
<EPS-PRIMARY> .03
<EPS-DILUTED> .03
</TABLE>
