ALLEGIANT TECHNOLOGIES INC
10QSB/A, 1998-11-06
PREPACKAGED SOFTWARE
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                     U.S. SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549
                                  FORM 10-QSB/A
                               (Amendment No. 1)

(Mark One)

|X|      Quarterly report under Section 13 or 15(d) of the
          Securities Exchange Act of 1934

         For the quarterly period ended June 30, 1998

|_|      Transition report under Section 13 or 15(d) of the Exchange Act

         For the transition period from to _________

Commission file number   333-07727

                        Shampan, Lamport Holdings Limited
        (Exact Name of Small Business Issuer as Specified in Its Charter)

             Washington                                   98-0138706
     (State or Other Jurisdiction          (I.R.S. Employer Identification No.)
   of Incorporation or Organization)

            1500-609 Granville Street, Vancouver, B.C. Canada V7Y 1G5
                    (Address of Principal Executive Offices)

                                 (604) 687-0888
                (Issuer's Telephone Number, Including Area Code)

                  (formerly named Allegiant Technologies Inc.)
         (Former Name, Former Address and Former Fiscal Year, 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.

Yes          X              No _________


     State the number of shares  outstanding of each of the issuer's  classes of
common equity, as of the latest  practicable  Common stock, par value, $0.01 per
share, 6,748,251 shares of common stock outstanding as of July 31, 1997

     Transitional Small Business Disclosure Format (check one):

Yes                          No ____X______


<PAGE>


                                    SIGNATURE

     Pursuant  to the  requirements  of  Section  13 or 15(d) 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,  in the  City of
Chicago, State of Illinois, on November 5, 1998.

                                        SHAMPAN, LAMPORT HOLDINGS LIMITED.

                                 
                                  By:   /s/ Bill McCartney
                                        Bill McCartney
                                        Director


<TABLE> <S> <C>



   
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL  INFORMATION EXTRACTED FROM THE BALANCE
SHEET AND THE  STATEMENT OF  OPERATIONS  ATTACHED AS AN EXHIBIT TO THE COMPANY'S
FORM 10-QSB FOR THE SIX MONTHS  ENDED JUNE 30,  1998,  AND IS  QUALIFIED  IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               JUN-30-1998
<CASH>                                          45,377
<SECURITIES>                                         0
<RECEIVABLES>                                    3,000
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                56,017
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                  56,017
<CURRENT-LIABILITIES>                          251,587
<BONDS>                                              0
                                0
                                          0
<COMMON>                                     4,911,165<F1>
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                         0
<SALES>                                         62,541
<TOTAL-REVENUES>                                62,541
<CGS>                                           18,415
<TOTAL-COSTS>                                   18,415
<OTHER-EXPENSES>                               117,655
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               5,000
<INCOME-PRETAX>                               (59,597)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                  9,466<F2>
<CHANGES>                                            0
<NET-INCOME>                                  (69,063)
<EPS-PRIMARY>                                   (0.01)
<EPS-DILUTED>                                   (0.01)
<FN>
<F1>This includes amounts paid in excess of par value.
<F2>This includes gain on the sale of PP&E of $4,053 and gain on settlement of
obligations of $5,413.
</FN>
        
    

</TABLE>


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