Securities and Exchange Commission
Washington, D.C. 20549
Form 10-QSB/A
Quarterly Report Under Section 13 or 15(D)
of the Securities Exchange Act of 1934
For the Quarter Ended Commission File Number
March 31, 1996 1-1200
HUNGARIAN TELECONSTRUCT CORP.
(Exact name of Registrant as specified in its charter)
Delaware 13-3696015
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
445 Park Avenue, New York, NY 10022
(Address of principal executive offices)
(212) 758-9870
The Registrant's telephone number, including area code
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 requirement for the past 90 days. Yes X No
Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest possible date:
Common Stock, $.001 par value 1,518,290 Shares
(Class) (Outstanding at March 31, 1996)
<PAGE>
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange
Act of 1934, as amended, the Registrant has duly caused this Report to be signed
on its behalf by the undersigned, thereunto duly authorized, in the City of New
York, State of New York, on the day of May, 1996.
HUNGARIAN TELECONSTRUCT CORP.
By
Frank R. Cohen
Treasurer
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> MAR-31-1996
<CASH> 545,703
<SECURITIES> 0
<RECEIVABLES> 294,709
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 882,491
<PP&E> 677,317
<DEPRECIATION> 80,745
<TOTAL-ASSETS> 5,793,272
<CURRENT-LIABILITIES> 954,735
<BONDS> 0
0
0
<COMMON> 1,518
<OTHER-SE> 4,837,019
<TOTAL-LIABILITY-AND-EQUITY> 5,793,272
<SALES> 0
<TOTAL-REVENUES> 31,098
<CGS> 0
<TOTAL-COSTS> 408,602
<OTHER-EXPENSES> 0
<LOSS-PROVISION> (438,518)
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> (438,518)
<INCOME-TAX> 0
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (438,518)
<EPS-PRIMARY> (.29)
<EPS-DILUTED> (.29)
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