UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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
[ ] Transition Report pursuant to 13 or 15(d) of the Securities Exchange Act
of 1934
For the transition period from to
Commission File Number 33-55254-37
NORAM GAMING AND ENTERTAINMENT, INC.
(Exact name of Small Business Issuer as specified in its charter)
Nevada 87-0485316
(State or other jurisdiction of (IRS Employer
incorporation ) Identification No.)
THREE CANTON SQUARE
TOLEDO, OHIO 43624
------------------------------------------------ ------------------
(Address of principal executive offices) (Zip Code)
Issuer's telephone number, including area code: (419) 255-1515
Indicate by a check mark whether the issuer (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 issuer was required
to file such reports), and (2) has been subject to such filing requirements for
the past 90 days [ X ] Yes [ ] No
Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date.
Class Outstanding as of March 31, 1998
- ------------------------------------ ----------------------------------
$.001 par value Class A Common Stock 14,522,902 shares
<PAGE>
PART II - OTHER INFORMATION
Item 6. Exhibits and Reports on Form 8-K
(a) Exhibits
27 Financial Data Schedule
(b) Reports on Form 8-K
None
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
NORAM GAMING AND ENTERTAINMENT, INC.
DATED: 4-26-99 /s/
George C. Zilba, President and Director
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted
from Noram Gaming and Entertainment, Inc. and Subsidiary March
31, 1998 financial statements and is qualified in its entirety
by reference to such financial statements.
</LEGEND>
<CIK> 0000894555
<NAME> Noram Gaming and Entertainment, Inc.
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> MAR-31-1998
<CASH> 21,511
<SECURITIES> 0
<RECEIVABLES> 0
<ALLOWANCES> 0
<INVENTORY> 24,785
<CURRENT-ASSETS> 530,557
<PP&E> 235,474
<DEPRECIATION> (108,979)
<TOTAL-ASSETS> 759,519
<CURRENT-LIABILITIES> 1,231,912
<BONDS> 0
0
0
<COMMON> 14,684
<OTHER-SE> (487,225)
<TOTAL-LIABILITY-AND-EQUITY> 759,519
<SALES> 196,673
<TOTAL-REVENUES> 196,673
<CGS> 44,858
<TOTAL-COSTS> 44,858
<OTHER-EXPENSES> 211,613
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 7,180
<INCOME-PRETAX> (139,126)
<INCOME-TAX> 0
<INCOME-CONTINUING> (139,126)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (139,126)
<EPS-PRIMARY> (0.00)
<EPS-DILUTED> (0.00)
</TABLE>
