INFU TECH INC
10-K405/A, 1996-10-07
HOME HEALTH CARE SERVICES
Previous: SAXON MORTGAGE SECURITIES CORP, 8-K, 1996-10-07
Next: ULTRAFEM INC, SC 13G/A, 1996-10-07




<PAGE>
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549
   
                                    FORM 10-K/A
    

ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF
1934.

For the fiscal year ended June 30, 1996

Commission file number: 0-21006

                                 INFU-TECH, INC.

             (Exact name of registrant as specified in its charter)

           Delaware                                            22-3127689
(State or other jurisdiction of                             (I.R.S. Employer
 incorporation or organization)                            Identification No.)

          910 Sylvan Avenue
        Englewood Cliffs, N.J.                                    07632
(Address of principal executive offices)                        (Zip Code)

Registrant's telephone number, including area code: (201) 567-4600

Securities registered pursuant to Section 12(b) of the Act: NONE

Securities registered pursuant to Section 12(g) of the Act: Common Stock, par
value $.01

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 ___

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K is not contained herein, and will not be contained, to the
best of registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K.   [X]

As of September 26, 1996 the aggregate market value of the voting stock held by
non-affiliates of the registrant was $5,136,688.

As of September 26, 1996, 3,214,600 shares of the registrant's common stock were
outstanding.

                      DOCUMENTS INCORPORATED BY REFERENCE:

Portions of definitive proxy statement to be filed not later than October 30,
1996.

<PAGE>
                                  SIGNATURES

                 Pursuant to the requirements of Section 13 or 15(d) of the
Securities Exchange Act of 1934, the Company has duly caused this Report to be
signed on its behalf by the undersigned, thereunto duly authorized.

                                      INFU-TECH, INC.

Date: September 30, 1996              By: /s/ JACK ROSEN
                                          Jack Rosen
                                          Chairman of the Board

                 Pursuant to the requirements of the Securities Exchange Act of
1934, this Report has been signed below by the following persons on behalf of
the Company in the capacities and on the dates indicated.

Name                        Title                          Date
- -----------------------     ---------------------------    ------------------
/s/ JACK ROSEN              Chairman of the Board,         September 30, 1996
Jack Rosen                  Director (Principal
                            Executive Officer)

/s/ JOSEPH ROSEN            Director                       September 30, 1996
Joseph Rosen

/s/ BENJAMIN GEIZHALS       Vice President, Assistant      September 30, 1996
Benjamin Geizhals           Secretary and General Counsel
                            (Principal Financial Officer)

/s/ ALISON KURUS ALLEN      Principal Accounting           September 30, 1996
Alison Kurus Allen          Officer

/s/ ISRAEL INGBERMAN        Director                       September 30, 1996
Israel Ingberman

/s/ JOSEPH M. GIGLIO        Director                       September 30, 1996
Joseph M. Giglio

/s/ Carl D. Glickman        Director                       September 30, 1996
Carl D. Glickman

/s/ Bruce Slovin            Director                       September 30, 1996
Bruce Slovin


<TABLE> <S> <C>


<ARTICLE> 5
<MULTIPLIER> 1000
       
<S>                           <C>
<PERIOD-TYPE>                 YEAR
<FISCAL-YEAR-END>             JUN-30-1996
<PERIOD-START>                JUL-01-1995
<PERIOD-END>                  JUN-30-1996
<CASH>                        691
<SECURITIES>                  0
<RECEIVABLES>                 8,125
<ALLOWANCES>                  2,456
<INVENTORY>                   1,646
<CURRENT-ASSETS>              9,033
<PP&E>                        627
<DEPRECIATION>                320
<TOTAL-ASSETS>                9,484
<CURRENT-LIABILITIES>         4,337
<BONDS>                       0
         0
                   0
<COMMON>                      32
<OTHER-SE>                    4,944
<TOTAL-LIABILITY-AND-EQUITY>  9,484
<SALES>                       24,638
<TOTAL-REVENUES>              24,638
<CGS>                         11,920
<TOTAL-COSTS>                 23,173
<OTHER-EXPENSES>              0
<LOSS-PROVISION>              1,269
<INTEREST-EXPENSE>            0
<INCOME-PRETAX>               1,465
<INCOME-TAX>                  270
<INCOME-CONTINUING>           0
<DISCONTINUED>                0
<EXTRAORDINARY>               0
<CHANGES>                     0
<NET-INCOME>                  0
<EPS-PRIMARY>                 0.38
<EPS-DILUTED>                 0.000
        

</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission