FORM 10-Q/A
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
(Mark One)
|X| QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934 For the quarterly period ended March 31, 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: 0-19407
Laser-Pacific Media Corporation
State or other jurisdiction of (I.R.S. Employer
incorporation or organization Identification No.)
Delaware 95-3824617
Laser-Pacific Media Corporation
809 N. Cahuenga Blvd.
Hollywood CA 90038
(213) 462-6266
Amendment No. 1
The undersigned registrant hereby amends its quarterly report for the period
ended March 31, 1996 on form 10-Q as set forth in the document attached hereto:
Exhibit 27. Financial Data Schedule
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 outstanding of each of the registrant's classes
of common stock, as of June 27, 1996 was 7,068,172 shares of Common Stock,
$.0001 par value.
<PAGE>
Pursuant to the requirements 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.
Laser-Pacific Media Corporation
By:__ROBERT MCCLAIN___________________________________________________
Robert McClain
Secretary and Chief Financial Officer
(Principal Financial and Accounting Officer)
Date: June 28, 1996
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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<CURRENCY> U.S. Dollars
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> MAR-31-1996
<CASH> 297,193
<SECURITIES> 0
<RECEIVABLES> 4,839,763
<ALLOWANCES> (791,420)
<INVENTORY> 340,694
<CURRENT-ASSETS> 5,645,046
<PP&E> 36,689,584
<DEPRECIATION> (19,714,302)
<TOTAL-ASSETS> 23,289,275
<CURRENT-LIABILITIES> 7,467,224
<BONDS> 12,221,907
0
0
<COMMON> 707
<OTHER-SE> 7,581,796
<TOTAL-LIABILITY-AND-EQUITY> 23,289,275
<SALES> 7,522,904
<TOTAL-REVENUES> 7,522,904
<CGS> 6,157,017
<TOTAL-COSTS> 7,461,513
<OTHER-EXPENSES> (84,551)
<LOSS-PROVISION> 91,840
<INTEREST-EXPENSE> 396,768
<INCOME-PRETAX> (250,826)
<INCOME-TAX> (250,826)
<INCOME-CONTINUING> (250,826)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (250,826)
<EPS-PRIMARY> (0.04)
<EPS-DILUTED> (0.04)
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