FORM 10-Q/A
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 Quarter Ended September 30, 1996
OR
[ ] 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: 1-10781
___________ LANCIT MEDIA PRODUCTIONS, LTD. ___________
(Exact Name of Registrant as Specified in its Charter)
New York 13-3019470
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
601 West 50th Street, New York, New York, 10019
(Address of Principal Executive Office) (Zip Code)
(212) 977-9100
(Registrant's telephone number including area code)
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
The number of shares of registrant's Common Stock, $.001 par value, outstanding
as of September 30, 1996 was 6,626,750 shares.
<PAGE>
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.
LANCIT MEDIA PRODUCTIONS, LTD.
Date: January 3, 1997 By: /s/ Gary Appelbaum
Gary Appelbaum
Senior Vice President, Chief
Financial Officer & Treasurer
<TABLE> <S> <C>
<ARTICLE> 5
<CIK> 0000868796
<NAME> Lancit Media Productions, Ltd.
<CURRENCY> U.S. Dollars
<S> <C>
<PERIOD-TYPE> 3-Mos
<FISCAL-YEAR-END> Jun-30-1997
<PERIOD-START> Jul-01-1996
<PERIOD-END> Sep-30-1996
<EXCHANGE-RATE> 1.000
<CASH> 7,640,707
<SECURITIES> 0
<RECEIVABLES> 3,594,286
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 16,170,623
<PP&E> 738,451
<DEPRECIATION> 0
<TOTAL-ASSETS> 18,387,159
<CURRENT-LIABILITIES> 3,632,542
<BONDS> 0
0
0
<COMMON> 6,627
<OTHER-SE> 13,395,733
<TOTAL-LIABILITY-AND-EQUITY> 18,387,159
<SALES> 0
<TOTAL-REVENUES> 890,825
<CGS> 0
<TOTAL-COSTS> 764,598
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> (554,066)
<INCOME-TAX> 0
<INCOME-CONTINUING> (582,149)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (582,149)
<EPS-PRIMARY> (0.09)
<EPS-DILUTED> (0.09)
</TABLE>
