RGB COMPUTER & VIDEO INC
10QSB/A, 1996-12-06
PREPACKAGED SOFTWARE
Previous: ACCOLADE FUNDS, 485APOS, 1996-12-06
Next: LEVITZ FURNITURE INC, 8-K, 1996-12-06



__________________________________________________________________________
__________________________________________________________________________

                  SECURITIES AND EXCHANGE COMMISSION
                        Washington, D.C.  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 June 30, 1996

                                  OR

[   ]        Transition Report Pursuant to Section 13 or 15(d)
                    of the Securities Exchange Act of 1934

                    Commission file number 1-11968
                                   
                        SAF T LOK INCORPORATED
                 (Exact name of small business issuer
                     as specified in its charter)

          FLORIDA                                 65-0142837
  (State  or  other jurisdiction               (I.R.S. Employer 
 of incorporation or organization)           Identification  No.)

                       18245 S. E. Federal Hwy.
                          Tequesta, FL  33469
               (Address of principal executive offices)
                                   
                     Telephone No. (407) 844-3348
                        _______________________
                       RGB COMPUTER & VIDEO INC.
         (Former name, former address and former fiscal year,
                    if changed since last report.)
                       _________________________
                                   
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 [_]

As  of June 30, 1996 there were 5,522,057 shares of the registrant's no
par value common stock outstanding.

Transitional Small Business Disclosure Format:  Yes [_]  No [X]
_______________________________________________________________________
_______________________________________________________________________

                                
                                
                                
                     Saf T Lok Incorporated
                         & Subsidiaries
SIGNATURES


     In accordance with Section 13 or 15(d) of the Exchange Act,
the registrant caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.

                                   SAF T LOK, INCORPORATED

                                   By //Frank W Brooks
                                      ______________________
                                      Frank W Brooks
                                      (Chief Executive Officer)




<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
consolidated balance sheets and consolidated statements of income filed with the
Company's 10-Q filing for the quarter ended June 30, 1996 and is qualified in
its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000902056
<NAME> SAF T LOK INCORPORATED
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               JUN-30-1996
<CASH>                                          34,507
<SECURITIES>                                   962,480
<RECEIVABLES>                                   19,880
<ALLOWANCES>                                         0
<INVENTORY>                                    557,962
<CURRENT-ASSETS>                             1,580,588
<PP&E>                                       1,142,982
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                               2,993,479
<CURRENT-LIABILITIES>                          318,554
<BONDS>                                         90,000
                                0
                                          0
<COMMON>                                             0
<OTHER-SE>                                   2,584,925
<TOTAL-LIABILITY-AND-EQUITY>                 2,993,479
<SALES>                                        140,991
<TOTAL-REVENUES>                               140,991
<CGS>                                          145,931
<TOTAL-COSTS>                                  145,931
<OTHER-EXPENSES>                             1,240,222
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                            (1,214,159)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                        (1,214,159)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (1,214,159)
<EPS-PRIMARY>                                    (.23)
<EPS-DILUTED>                                    (.23)
        

</TABLE>


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