JUNIPER FEATURES LTD
10QSB/A, 1997-11-06
INSURANCE AGENTS, BROKERS & SERVICE
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  Form 10-QSB/A
                                 Amendment No. 1


QUARTERLY  REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES  EXCHANGE ACT
OF 1934

                           For the quarterly period ended June 30, 1997
                           ---------------------------------------------

                           Commission file number 0-19170

                           JUNIPER GROUP, INC.
   ---------------------------------------------------------------------------
       (Exact name of small business issuer as specified in its charter)


            New York                                   11-2866771
- ----------------------------------------------------------------------------
(State or other jurisdiction of              (IRS Employer Identification No.)
 incorporation or organization)

           111 Great Neck Road, Suite 604, Great Neck, New York 11021
 -------------------------------------------------------------------------
                    (Address of principal executive offices)


Registrant's telephone number, including area code            (516) 829-4670


                                       N/A
 
- ----------------------------------------------------------------------------
(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  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 
                                                                       ---  ---

     The number of shares  outstanding of each of the issuer's classes of common
equity, as of the latest practicable date, August 8, 1997, was 24,665,752 shares
of common stock - $.001 par value.
Transitional Small Business Disclosure Format:  Yes       No  X
                                                    ---      ---




<PAGE>




                                Explanatory Note


     This  Amendment  No. 1 on Form  10-QSB/A  to the  quarterly  Report on Form
10-QSB ("Form  10-QSB") for the quarterly  period ended June 30, 1997 of Juniper
Group, Inc., a New York Corporation,  (the "Company"),  is submitted in order to
delete information  previously  supplied which was included in error in Part II,
Item 2. The Company hereby amends its Form 10-QSB in accordance with Rule 12B-15
under the Securities Act of 1934.


PART II:   OTHER INFORMATION

Item  2.  Changes  in  Securities
- ---------------------------------------------

(a) The  information  disclosed in Item 4 below is  incorporated  herein by
reference.

(b)  N/A

(c) Common Stock, $0.001 par value, sold in the second quarter of 1997 were
as follows:
<TABLE>

<CAPTION>
       Date              Purchaser          Amount (#)         Amt. Paid ($)       Description    Exemption
- --------------------  -----------------    -------------      --------------      -------------   ----------  
<S>  <C>                 <C>                <C>                  <C>                 <C>              <C>

     6/18/97             Officers           1,515,679            59,370              (1)              4(2)
     6/18/97             Directors          1,450,000            43,500              (2)              4(2)
     6/18/97             Vendors              180,000             6,400              (3)              4(2)
</TABLE>

_______________________

(1) Two  officers of the Company  accepted  common stock in lieu of accrued
salary.

(2)  Compensation issued to the Company's directors for 1997.

(3)  Three vendors accepted  common stock in lieu of unpaid fees.

<PAGE>


                                                        SIGNATURES



     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly caused this report to be signed by the  undersigned  on its
behalf, thereunto duly authorized.



Date:   November 6, 1997

                                               JUNIPER GROUP, INC.



 
                                               By: /s/ Vlado P. Hreljanovic
                                               ----------------------------
                                               Vlado P. Hreljanovic
                                               Chairman of the Board
 

























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