<PAGE>
U.S. Securities and Exchange Commission
Washington, D.C. 20549
FORM 10-QSB/A
AMENDMENT NO. 1
[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934
For the quarterly period ended March 31, 1996
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[_] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE OF 1934
For the transition period from to
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Commission File No. 0-23914
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ENTERTAINMENT TECHNOLOGIES & PROGRAMS, INC.,
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(Name of Small Business Issuer in its Charter)
DELAWARE 87-0521389
- ------------------------------- --------------------------
(State or Other Jurisdiction of (I.R.S. Employer I.D. No.)
incorporation or organization)
16055 Space Center Blvd., Ste 230
Houston, Texas 77062
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(Address of Principal Executive Officers)
Issuer's Telephone Number: (713) 486-6115
3626 Main Street
San Diego, California 92113
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(Former Name or Former Address, if changed since last Report)
Check whether the issuer (1) filed all reports required to be
filed by Section 13 or 15(d) of the 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.
(1) Yes X No (2) Yes X No
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1
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PART II - OTHER INFORMATION
Item 1. LEGAL PROCEEDINGS.
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None: not applicable.
Item 2. CHANGES IN SECURITIES.
----------------------
None; not applicable.
Item 3. DEFAULTS UPON SENIOR SECURITIES.
--------------------------------
None: not applicable.
Item 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
----------------------------------------------------
None; not applicable.
Item 5. OTHER INFORMATION.
------------------
None; not applicable.
Item 6. EXHIBITS AND REPORTS ON FORM 8-K.
---------------------------------
(a) Exhibit 27 - Financial Data Schedule
(b) Reports on Form 8-K.
None.
2
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1939, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned thereunto duly authorized.
ENTERTAINMENT TECHNOLOGIES &
PROGRAMS, INC.
Date: July 9, 1996 By /s/ James D. Butcher
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James D. Butcher, Chairman & CEO
Date: July 9, 1996 By /s/ Bernard J. Prem
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Bernard J. Prem, CFO
3
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM MARCH 31,
1996 FORM 10-QSB AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> MAR-31-1996
<CASH> 86,104
<SECURITIES> 0
<RECEIVABLES> 497,999
<ALLOWANCES> 0
<INVENTORY> 121,083
<CURRENT-ASSETS> 1,116,078
<PP&E> 4,003,574
<DEPRECIATION> 1,207,815
<TOTAL-ASSETS> 4,157,087
<CURRENT-LIABILITIES> 1,284,559
<BONDS> 175,068
0
0
<COMMON> 20,231
<OTHER-SE> 2,602,201
<TOTAL-LIABILITY-AND-EQUITY> 4,157,087
<SALES> 1,802,606
<TOTAL-REVENUES> 1,802,606
<CGS> 885,876
<TOTAL-COSTS> 885,876
<OTHER-EXPENSES> 998,782
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 19,968
<INCOME-PRETAX> (102,020)
<INCOME-TAX> 0
<INCOME-CONTINUING> (102,020)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (102,020)
<EPS-PRIMARY> (.01)
<EPS-DILUTED> (.01)
</TABLE>
