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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 QUARTERLY PERIOD ENDED SEPTEMBER 30, 1995
[ ] 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 0-18270
COMMAND CREDIT CORPORATION
(Exact name of the registrant as specified in its charter)
NEW YORK 11-2857523
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
100 Garden City Plaza
Garden City, New York 11530
(Address of principal executive offices)
(516) 739-8800
(Registrant's telephone number)
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 X No
State the number of shares outstanding of each of the issuer's classes of common
equity: 990,463 shares as of November 10, 1995. (Reflects a One Hundred Fifty
(150) for One (1) reverse stock split effective October 26, 1995.)
Transitional Small Business Disclosure Format (check one):
Yes / / No /X/
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EXPLANATORY NOTE
Due to a printer's error, the line item "Retained Earnings (Deficit)" was
incorrectly reported as "(28,874,574)" in the "Liabilities & Shareholders'
Equity" table. The correct amount is "(28,974,574)".
Such table, as corrected, is included herein and hereby amended.
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COMMAND CREDIT CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
LIABILITIES & SHAREHOLDERS' EQUITY
September 30
1995
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(Unaudited)
Current Liabilities:
Accounts Payable & Accrued Expenses (Note 10) $608,611
Leases Payable 27,034
Taxes Payable (Note 11) 319,735
Notes Payable (Note 12) 41,236
Salaries Payable (Note 13) 144,167
Loans Payable (Note 12) 163,760
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Total Current Liabilities 1,304,543
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Long Term Liabilities:
Leases Payable 26,112
Notes Payable (Note 12) 483,909
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Total Long Term Liabilities 510,021
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Total Liabilities 1,814,564
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Shareholders' Equity:
Common Stock - Authorized
150 Mill. shares, $.0001 par
value, 145,625,577 issued
and outstanding at 9/95 14,562
Paid-In-Capital in Excess of
Par Value 28,782,505
Paid-In-Capital from
Treasury Stock 946,434
Paid-In-Capital from Warrants
Exercised 902,389
Translation Adjustment 5,525
Retained Earnings (Deficit) (28,974,574)
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Total Shareholders' Equity 1,676,841
Less: Treasury Shares at Cost 624,700
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Net Shareholders' Equity 1,052,141
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Total Liabilities and
Shareholders' Equity $2,866,705
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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.
Dated: December 6, 1995 COMMAND CREDIT CORPORATION
(Registrant)
By: /s/ William G. Lucas
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William G. Lucas,
Chairman, President,
Chief Executive Officer
and Chief Financial Officer
