SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 10-QSB
QUARTERLY REPORT UNDER SECTION 13 OR 15(d)OF THE
SECURITIES EXCHANGE ACT OF 1934
For the Period Ended December 31, 1996
Commissioner File Number 0-27542
FUN TYME CONCEPTS, INC.
(Exact name of Registrant as specified in its charter)
New York 11-3157259
(State of (I.R.S. employer
Incorporation) identification No.)
290 Wild Avenue
Staten Island, NY 10314
(718)761-6100
(Address and Telephone Number of Principal Executive Offices)
Check whether the Issuer: (1) has filed all reports required to be
filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the
preceding 12 months and (2) has been subject to such filing requirements for the
past 90 days. Yes X No _
On November 17, 1996 there were outstanding 2,676,000 shares of Common
Stock, par value $.001 per share.
Documents incorporated by reference: None.
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Part II - Other Information
ITEM 1. Legal Proceedings. None.
ITEM 2. Changes in Securities. None.
ITEM 3. Defaults Upon Senior Securities. None.
ITEM 4. Submission of Matters to a Vote. None.
ITEM 5. Other Information. None.
ITEM 6. Exhibit and Reports on Form 8-k.
(a) Exhibit 27 Financial Data Schedule.
(b) None.
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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
Dated: March 31, 1997
Fun Tyme Concepts, Inc.
By: \s\ Daniel Catalfumo
Daniel Catalfumo, President
By: \s\ Richard Rosso
Richard Rosso, Treasurer
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Fun Tyme Concepts, Inc.
Exhibit 27
Financial Data Schedule
Article 5 Of Regulation S-X
FINANCIAL DATA SCHEDULE
<TABLE>
<CAPTION>
<S> <C>
PERIOD-TYPE 9 MOS
FISCAL-YEAR-END MARCH 31,1997
PERIOD-START APRIL 1,1996
PERIOD-END DECEMBER 31,1996
CASH 2,594,045
SECURITIES 0
RECEIVABLES 10,033
ALLOWANCES 0
INVENTORY 17,410
CURRENT-ASSETS 2,653,611
PP&E 1,129,996
DEPRECIATION 218,365
TOTAL-ASSETS 3,693,322
CURRENT-LIABILITIES 66,303
BONDS 0
COMMON 2,676
PREFERRED-MANDATORY 0
PREFERRED 0
OTHER-SE 3,522,728
TOTAL-LIABILITY-AND-EQUITY 3,693,322
SALES 718,343
TOTAL REVENUE 718,343
CGS 106,344
TOTAL COST 922,954
OTHER-EXPENSES 0
LOSS-PROVISION 0
INTEREST-EXPENSE 10,057
INCOME-TAX 6,004
INCOME-CONTINUING -260,216
DISCONTINUED 0
EXTRAORDINARY 0
CHANGES 0
NET-INCOME -260,216
EPS-PRIMARY -0.11
EPS-DILUTED -0.11
</TABLE>
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