SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A 3
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report: November 1, 1996
(Amending Report Dated August 28, 1996)
SUARRO COMMUNICATIONS, INC.
(f/k/a/ SOLUTIONS, INCORPORATED)
(Exact name of registrant as specified in its charter)
NEVADA
(State or other jurisdiction of incorporation)
0-23512 84-1273503
(Commission File No.) (IRS Employer
Identification No.)
1635 N.E. Loop 410
Suite 900
San Antonio, Texas 78209
(Address of principal
executive offices)
Registrant's telephone number, including area code: (210) 805-0599
Page 1 of 5 pages.
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Item 7. Financial Statements and Exhibits.
(b) Pro Forma Financial Statements.
(1) Pro Forma Combined Balance Sjeet dated August
16, 1996 and Notes thereto (unaudited)
(2) Pro Forma Combined Statements of Operations for
the interim period from May 1, 1996 to August
16, 1995 and Notes thereto (unaudited)
(c) Exhibits.
All exhibits applicable were previously filed with the
Form 8-K dated August 28, 1996, and Amendment No. 1
thereto dated September 6, 1996
2
<PAGE>
<TABLE>
Pro Forma Combined Balance Sheet
The following pro forma combined balance sheet presents, under the "pooling
of interest"" method of accounting, the balance sheet of Solutions, Incorporated
as of August 16, 1996, combined with the balance of "Suarro Communications, Inc.
as of August 16, 1996.
<CAPTION>
SUARRO COMMUNICATIONS, INC.
(A Development Stage Company)
PRO FORMA COMBINED BALANCE SHEET
August 16, 1996
(unaudited)
Suarro
Solutions, Communications, Adjustments
Incorporated Inc. (a) (b) Pro Forma
____________ _______________ ___________ _________
<S> <C> <C> <C> <C>
Cash $ 0 113 113
Proprietary tele-
communication and
Internet costs 0 349,382 349,382
____________ _______________ ___________ _________
Total assets $ 0 349,495 0 349,495
Liabilities 0 0 0
____________ _______________ ___________ _________
Total liabilities 0 0 0 0
Stockholders' equity:
Preferred stock 0 0 0
Common stock 50 351,252 (345,102) 6,200
Additional paid-in
capital 2,232 0 345,102 347,334
Deficit accumulated during
the development stage (2,282) (1,757) (4,039)
____________ _______________ ___________ _________
Total stockholders'
equity 0 349,495 0 349,495
____________ _______________ __________ __________
Total liabilities
and stockholders'
equity $ 0 349,495 0 349,495
______________________
<FN>
Notes to Pro Forma Combined Financial Statements
(a) Solutions, Incorporated amended its articles of incorporation in May 1996
to increase its authorized stock to 20,000,000 shares. Solution,
Incorporated had a twenty-to-one stock split resulting in an increase of
its outstanding shares from 50,000 to 1,000,000.
(b) Solutions, Incorporated issued 5,200,000 shares of common stock in
exchange for the 300,000 outstanding shares of Suarro Communications,
Inc. The transaction was accounted for using the "pooling of interest"
method of accounting.
</TABLE>
3
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<TABLE>
Pro Forma Combined Statements of Operations
The following pro forma combined statements of operations presents, under
the "pooling of interest" method of accounting, the statement of operations of
Solutions, Incorporated for the period from May 1, 1996 to August 16, 1996,
combined with the statement of operations of Suarro Communications, Inc. for the
period from March 16, 1996 to August 16, 1996.
<CAPTION>
SOLUTIONS, INCORPORATED
(A Development Stage Company)
PRO FORMA COMBINED STATEMENT OF OPERATIONS
FOR THE PERIOD FROM MAY 1, 1996 TO AUGUST 16, 1996
(unaudited)
Suarro
Solutions, Communications, Adjustments
Incorporated Inc. (a) (b) Pro Forma
____________ _______________ ___________ _________
<S> <C> <C> <C> <C>
Sales and revenue $ 0 0 0
Costs and expenses:
Cost of sales 0 0 0
Selling, general
and administrative 0 1,757 1,757
Research and development 0 0 0
Other expense 0 0 0
____________ _______________ ____________ ________
Net loss before
income taxes 0 0 0 (1,757)
Income taxes 0 0 0 0
____________ _______________ ____________ ________
Net loss $ 0 0 0 (1,757)
Net loss per
common share $ 0(a) (0.0003) 0 (0.0003)
_____________________
<FN>
Notes to Pro Forma Combined Financial Statements
(a) Based on Solution, Incorporated average shares outstanding of 1,000,000
and issuance of 5,200,000 shares to acquire Suarro Communications, Inc.
</TABLE>
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 the
registrant has duly caused this amended report to be signed on its behalf by the
undersigned hereunto duly authorized.
SUARRO COMMUNICATIONS, INC.
f/k/a SOLUTIONS, INCORPORATED
By: /s/ Michael McAuliffe
Michael McAuliffe,
President
Dated: November 1, 1996
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