FORM 10-QSB/A2
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
for the quarterly period ended: September 30, 1996
Commission file number: 0-18729
Continental American Transportation, Inc.
(Exact name of registrant as specified in its Charter)
Colorado 84-1089599
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
495 Lovers Lane Road, Calhoun, Georgia 30701
(Address of principal executive offices)
(Zip Code)
(706) 629-8682
(Registrant's telephone number, including area code)
Check whether the issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the 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.....
APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
PROCEEDINGS DURING THE PRECEDING FIVE YEARS:
Check whether the registrant filed all documents and reports required
to be filed by Section 12, 13 or 15(d) of the Exchange Act after the
distribution of securities under a plan confirmed by court.
Not applicable.
APPLICABLE ONLY TO CORPORATE ISSUERS
As of November 12, 1996, 4,862,635 shares of Common Stock were
outstanding.
Transitional Small Business Disclosure Format:
Yes..X..No.....
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Item 2. Changes in Securities
(a) & (b)
Not applicable.
(c) Recent Sales of Unregistered Securities
I. During the month of July, 1996, the Company delivered common stock
purchase warrants to 16 persons or entities for services to be rendered to the
Company during fiscal year ending June 30, 1997, entitling such grantees to
purchase an aggregate 1,810,000 Common Shares at exercise prices ranging from
$.25 to $7.50 per Common Share. The Company thereafter, on July 26, 1996, filed
a registration statement on Form S-3 with the Securities and Exchange
Commission, seeking to register the 1,810,000 common shares underlying the 16
Warrants as well as an additional 750,000 common shares on behalf of certain
Selling Securityholders (the "Registration Statement"). Thereafter, the
Securities and Exchange Commission notified the Company that it would not review
the Registration Statement. On November 19, 1996, the Company filed
Pre-Effective Amendment No. 1 to the Registration Statement accompanied by the
certification of the Board of Directors required by the SEC that the Board
acknowledged its obligations under applicable securities laws to provide full
and complete disclosure of all material facts in the Registration Statement and
that the Company would not utilize the position taken by the SEC not to review
the Registration Statement as a defense in any future SEC enforcement action. On
November 26, 1997, the SEC declared the Registration Statement effective
pursuant to Company request.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this Amendment No. 2 to its Form 10-QSB
for the period ending September 30, 1996, to be signed on its behalf by the
undersigned thereunto duly authorized.
CONTINENTAL AMERICAN TRANSPORTATION, INC.
By: s/Timothy Holstein
Timothy Holstein, President and Chief
Executive officer
By: s/Glenn Singleton
Glenn Singleton, Principal Financial
and Chief Accounting Officer
Dated: August 20, 1997
catforA2-10Q
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