U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 10-KSB/A
[X] Annual report under section 13 or 15(d)of the Securities Exchange Act
of 1934 [Fee Required] for the fiscal year ended June 30, 1996
[ ] Transition report under section 13 or 15(d) of the Securities Exchange
Act of 1934 [No Fee Required] for the transition period from to
Commission file number: 0-23524
PHC, INC.
(Name of small business issuer in its charter)
Massachusetts 04-2601571
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
200 Lake Street, Suite 102, Peabody, MA 01960
(Address of principal executive offices) (Zip Code)
Issuer's telephone number: (508) 536-2777
Securities registered under Section 12(b) of the Act:
None.
Securities registered under Section 12(g) of the Act:
Units (each unit consisting of one share of
Class A Common Stock and one Class A Warrant)
(Title of class)
Class A Common Stock, par value $.01 per share
(Title of class)
Class A Warrants to purchase one share of Class A Common Stock
(Title of class)
Check whether the issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Securities Exchange Act during the past 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
Check if there is no disclosure of delinquent filers in response to Item
405 of Regulation S-B contained in this form, and no disclosure will 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-KSB
or any amendment to this Form
10-KSB. X
The issuer's revenues for the fiscal year ended June 30, 1996 were $21,802,758.
The aggregate market value of the voting stock held by non-affiliates
computed by reference to the price at which the stock was sold, or the average
bid and asked prices of such stock, as of September 13, 1996, was $17,840,970.
(See definition of affiliate in Rule 12b-2 of Exchange Act).
At September 13, 1996, 2,327,624 shares of the issuer's Class A Common
Stock, 806,556 shares of the issuer's Class B Common Stock and 199,816 shares of
the issuer's Class C Common Stock were outstanding.
Transitional Small Business Disclosure Format:
Yes No X
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Item 13. Exhibits and Reports on Form 8-K.
The definition of the # footnote is:
# Filed as an exhibit to the Company's report on Form 10-KSB, filed with
the Securities and Exchange Commission on September 28, 1994 and
incorporated herein by reference.
<PAGE>
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.
PHC, INC.
Date: October 29, 1996 By: /s/ BRUCE A. SHEAR
Bruce A. Shear, President
and Chief Executive Officer
