U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 10-QSB/A
Quarterly report under Section 13 or 15 (d) of the Securities Exchange Act of
1934
For the quarterly period ended April 30, 1996
Commission file number 0-19997
LASER VIDEO NETWORK, INC.
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(Exact Name of Small Business Issuer as Specified in Its Charter)
Delaware 13-3557317
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(State or Other Jurisdiction of (I.R.S. Employer
Incorporation or Organization) Identification No.)
645 Fifth Avenue - East Wing, New York, NY 10022
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(Address of Principal Executive Offices)
(212) 888-0617
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(Issuer's Telephone Number, Including Area Code)
N/A
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(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
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Number of shares of common stock outstanding as of June 11, 1996: 10,899,157
Transitional Small Business Disclosure Format (check one): Yes No X
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<PAGE>
PART II
OTHER INFORMATION
Item 6. Exhibits and Reports on Form 8-K.
(a) Exhibit 27 - Financial Data Schedule
(b) A report on Form 8-K filed on March 5, 1996 disclosed
the resignation of Salah Hassanein and Ken Kai, two
directors of the Company. No other reports on Form 8-
K have been filed for the quarter for which this
report is being filed.
<PAGE>
SIGNATURES
In accordance with the requirements of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.
LASER VIDEO NETWORK, INC.
Registrant
Date: July 22, 1996 /s/ Peter L. Kauff
------------------
Peter L. Kauff
Chairman of the Board
(Principal Executive Officer)
Date: July 22, 1996 /s/ Alan M. Pearl
-----------------
Alan M. Pearl
Chief Financial Officer and
Treasurer (Principal Accounting
and Financial Officer)
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
THE UNAUDITED FINANCIAL STATEMENTS CONTAINED IN THE APRIL 30, 1996
QUARTERLY REPORT FILED ON FORM 10-QSB AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-END> APR-30-1996
<CASH> 2,123,073
<SECURITIES> 0
<RECEIVABLES> 650,788
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 80,293
<PP&E> 2,572,042
<DEPRECIATION> (1,608,506)
<TOTAL-ASSETS> 3,825,970
<CURRENT-LIABILITIES> 644,545
<BONDS> 0
96,667
0
<COMMON> 9,021
<OTHER-SE> 3,075,737
<TOTAL-LIABILITY-AND-EQUITY> 3,825,970
<SALES> 1,119,213
<TOTAL-REVENUES> 1,119,213
<CGS> 677,370
<TOTAL-COSTS> 677,370
<OTHER-EXPENSES> 1,344,367
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> (902,524)
<INCOME-TAX> 0
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (902,524)
<EPS-PRIMARY> (.15)
<EPS-DILUTED> (.15)
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