<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
AMENDMENT NO. 1 TO
FORM 10-QSB/A
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended March 31, 1998
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 000-20702
ARGENT CAPITAL CORPORATION
(Exact name of registrant as specified in its charter)
Nevada 88-0383765
- ------------------------------- -------------------
(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)
101 MAIN STREET, THIRD FLOOR, HUNTINGTON BEACH, CALIFORNIA 92648
- -----------------------------------------------------------------------------
(Address of principal executive offices)
(714) 374-1263
- -----------------------------------------------------------------------------
(Issuer's telephone number, including area code)
Check whether the issuer: (1) filed all reports required to be filed by
Section 13 or 15(d) of the 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 .
--- ---
Number of shares of the registrant's classes of common equity as of the
latest practicable date (August 13, 1998): 2,292,819.
1
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The undersigned registrant hereby amends the Form 10-QSB/A for the period ended
March 31, 1998, as follows:
EXHIBITS - Exhibit 27 (Financial Data Schedule) is attached hereto and
filed herewith.
SIGNATURES
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.
August 17, 1998 ARGENT CAPITAL CORPORATION
(Registrant)
By: /s/ CHRISTOPHER A. MILLAR
--------------------------------
Christopher A. Millar, President
2
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ARGENT
CAPITAL CORPORATION -- FORM 10-QSB-A FIRST AMENDMENT MARCH 31, 1998.
</LEGEND>
<RESTATED>
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1998
<PERIOD-END> MAR-31-1998
<CASH> 1,360,706
<SECURITIES> 0
<RECEIVABLES> 14,587,745
<ALLOWANCES> 419,000
<INVENTORY> 0
<CURRENT-ASSETS> 16,323,100
<PP&E> 1,001,532
<DEPRECIATION> 492,743
<TOTAL-ASSETS> 16,918,006
<CURRENT-LIABILITIES> 14,112,940
<BONDS> 0
0
0
<COMMON> 2,474
<OTHER-SE> 2,402,117
<TOTAL-LIABILITY-AND-EQUITY> 16,918,006
<SALES> 0
<TOTAL-REVENUES> 1,273,603
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 1,401,501
<LOSS-PROVISION> 228,000
<INTEREST-EXPENSE> 231,993
<INCOME-PRETAX> (587,891)
<INCOME-TAX> 0
<INCOME-CONTINUING> (587,891)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (587,891)
<EPS-PRIMARY> (.26)
<EPS-DILUTED> (.26)
</TABLE>