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U. S. Securities and Exchange Commission
Washington, D.C. 20549
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FORM 10-KSB/A1
(Mark One)
[X] ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended June 30, 1997
[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the transition period from to
Commission file number 1-13068
IRATA, INC.
(Name of small business issuer in its charter)
Texas 76-0366015
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
1123 W. North Carrier Parkway, Grand Prairie, Texas 75050
(Address of principal executive offices) (Zip Code)
Issuer's telephone number: (972) 606-1940
Securities registered under Section 12(b) of the Exchange Act:
(Title of each class) (Name of each exchange on which registered)
Class A Common Stock, Nasdaq SmallCap Market, Boston Stock
par value $.10 Exchange
Redeemable Warrant to purchase Nasdaq SmallCap Market, Boston Stock
a share of Class A Exchange
Common Stock at an exercise
price of $4.93
Securities registered under Section 12(g) of the Exchange Act: None
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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Check if there is no disclosure of delinquent filers in response to Item
405 of Regulation S-B is not contained in this form, and no disclosure will be
contained, to the best registrant's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form 10-KSB
or any amendment to this Form 10-KSB. [X]
State Issuer's revenues for its most recent fiscal year. $5,813,920
State the aggregate market value of the voting and non-voting common equity
held by non-affiliates of the registrant. As of August 31, 1997 non-affiliates
of the registrant held an aggregate of 6,150,399 shares of Class A Common Stock,
having a market value of $1,153,000 at the $0.1875 bid price at August 27, 1997.
There is no public trading market for the Class B Common Stock.
State the number of shares outstanding of each of the issuer's classes of
common equity, as of the latest practicable date.
Class A Common Stock, $.10 Par Value 6,443,215 Shares
Class B Common Stock, $.01 Par Value 1,500,000 Shares
(Class) (Outstanding as of September 30, 1997)
DOCUMENTS INCORPORATED BY REFERENCE
None
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EXPLANATORY NOTE
This Form 10-KSB/A1 is being filed by Irata, Inc. as an amendment to its
Annual Report on Form 10-KSB for the fiscal year ended June 30, 1997, to correct
certain errors in the number of shares of Class A Common Stock held by non-
affiliates at August 27, 1997 and the market value of such shares.
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SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has caused Amendment No. 1 to this report
to be signed on its behalf by the undersigned thereunto duly authorized, in the
City of Dallas, State of Texas, on the 24th day of October, 1997.
IRATA, Inc.
By: /s/ LANCE P. WIMMER
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Lance P. Wimmer.
Chairman of the Board
President and Chief Executive Office
Pursuant to the requirements of the Securities Exchange Act of 1934,
Amendment No. 1 to this Report was signed by the following persons in the
capacities stated on October 24, 1997.
Signature Title Date
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/s/ LANCE P. WIMMER Chairman of the Board, President,
- ---------------------- Chief Executive Officer October 24, 1997
Lance P. Wimmer and Director
(principal executive officer)
/s/ JOHN C. STUECHELI Vice President-Finance and
- ---------------------- Chief Financial Officer October 24, 1997
John C. Stuecheli (principal financial and
accounting officer)
/s/ ROBERT R. SALYARD Director October 24, 1997
- ----------------------
Robert R. Salyard
/s/ JOHN D. HIGGINS Director October 24, 1997
- ----------------------
John D. Higgins
