SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 10-QSB/A
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
For the Quarterly Period Ended June 29, 1996
Commission file number 1-13656
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OMNI MULTIMEDIA GROUP, INC.
(Exact name of small business issuer as specified in its charter)
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Delaware 04-2729490
(State of Organization) (I.R.S. Employer
Identification Number)
50 Howe Avenue
Millbury, Massachusetts 01527
(508) 865-4451
(Address, including zip code, and telephone number,
including area code, of issuer's principal executive offices)
Indicate by check mark whether the issuer (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities and 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
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Indicate the number of shares outstanding of each of the issuer's
classes of common stock, as of the latest practicable date.
Class Number of Shares Outstanding
as of August 1, 1996
Common Stock, $.01 par value 3,889,950 shares
Series A Preferred Stock, $.01 par value 1,050 shares
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
OMNI MULTIMEDIA GROUP, INC.
Date: December 6, 1996 By: /s/ Paul F. Johnson
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Paul F. Johnson, President and
Chief Executive Officer
Date: December 6, 1996 By: /s/ Robert E. Lee
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Robert E. Lee, Treasurer and
Chief Financial Officer
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
Company's Balance Sheet at June 29, 1996 and the Company's Statement of
Operations for the nine months ended June 29, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> MAR-29-1997
<PERIOD-END> JUN-29-1996
<CASH> 11,448,781
<SECURITIES> 0
<RECEIVABLES> 1,307,000
<ALLOWANCES> 40,000
<INVENTORY> 879,306
<CURRENT-ASSETS> 14,496,784
<PP&E> 16,033,080 <F1>
<DEPRECIATION> 0
<TOTAL-ASSETS> 32,079,318
<CURRENT-LIABILITIES> 4,042,205
<BONDS> 0
11
0
<COMMON> 38,899
<OTHER-SE> 19,618,759
<TOTAL-LIABILITY-AND-EQUITY> 32,079,318
<SALES> 2,432,189
<TOTAL-REVENUES> 2,432,189
<CGS> 2,911,317
<TOTAL-COSTS> 4,231,782
<OTHER-EXPENSES> 34,424
<LOSS-PROVISION> 15,000
<INTEREST-EXPENSE> 82,130
<INCOME-PRETAX> (1,820,004)
<INCOME-TAX> 0
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (1,820,004)
<EPS-PRIMARY> (0.47)
<EPS-DILUTED> (0.47)
<FN>
<F1>This figure reflects both property, plant and equipment and depreciation.
</FN>
</TABLE>
