<PAGE> 1
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-KSB/A-2
[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the fiscal year ended October 31, 1999
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
PRO TECH COMMUNICATIONS, INC.
- --------------------------------------------------------------------------------
(Exact name of small business issuer as specified in its charter)
Florida 59-3281593
- ------------------------------ --------------------------
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification Number)
3311 Industrial 25th Street, Fort Pierce, Florida 34946
- --------------------------------------------------------------------------------
(Address of principal executive offices)
(561) 464-5100
- --------------------------------------------------------------------------------
(Issuer's telephone number)
Securities registered under Section 12(b) of the Exchange Act: None
Securities registered under Section 12(g) of the Exchange Act: Common Stock, par
value $.001 per share.
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 [ ]
Check if there is no disclosure of delinquent filers in response to Item 405 of
Regulation S-B contained in this form, and no disclosure will be contained, to
the best of registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-KSB or any
amendment to this Form 10-KSB. [X]
The registrant's revenues for its most recent fiscal year: $1,090,551
As of January 29, 2000, the aggregate market value of shares of the registrant's
voting stock (based upon the average bid and asked price of such stock as
reported by the OTC Bulletin Board of $0.26) held by non-affiliates of the
registrant was approximately $887,640. For the purposes of this computation, all
executive officers, directors and persons who beneficially own more than five
percent of the registrant's securities are deemed affiliates. Such determination
should not be an admission that such directors, officers or beneficial owners
are, in fact, affiliates of the registrant.
As of January 29, 2000, there were 4,254,000 shares of the registrant's common
stock outstanding.
Documents incorporated by reference: None
<PAGE> 2
PART III
ITEM 11 SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The following table sets forth the beneficial ownership of the Common
Stock as of January 29, 2000 by: (1) each of the Company's officers and
directors; (ii) each person who is known by the Company to own beneficially more
than 5% of the outstanding shares of Common Stock; and (iii) all of the
Company's officers and directors as a group:
<TABLE>
<CAPTION>
NAME AND ADDRESS OF SHARES OWNED
BENEFICIAL OWNER BENEFICIALLY PERCENTAGE OF CLASS
- ------------------- ------------ -------------------
<S> <C> <C>
Keith Larkin 1,380,000(1) 32.4%
c/o Pro Tech Communications, Inc.
3311 Industrial 25th Street
Fort Pierce, FL 34946
Richard Hennessey 200,000(2) 4.7%
c/o Pro Tech Communications, Inc.
3311 Industrial 25th Street
Fort Pierce, FL 34946
All officers and directors as a group 1,580,000(1)(2) 37.1%
(2 persons)
</TABLE>
- ----------
(1) Includes 540,000 shares of Common Stock underlying a stock option, which is
presently exercisable at $.50 per share and expires on April 15, 2001, and
40,000 shares of Common Stock owned by The Seek Foundation, an organization
described in Section 501(c)(3) of the Internal Revenue Code of 1954, as
amended. The directors of such organization are Keith Larkin and his wife,
Cynthia Larkin.
(2) Represents 200,000 shares of Common Stock underlying a stock option,
which is presently exercisable at $.375 per share and expires on
April 12, 2001.
2
<PAGE> 3
SIGNATURES
In accordance with Section 13 or 15(d) of the Securities Exchange Act
of 1934, as amended, the registrant caused this amended report to be signed on
its behalf by the undersigned, thereunto duly authorized, on April 13, 2000.
PRO TECH COMMUNICATIONS, INC
(Registrant)
By: /s/ Richard Hennessey
----------------------------
Richard Hennessey, President
In accordance with the Securities Exchange Act of 1934, as amended,
this amended report has been signed below by the following persons on behalf of
the registrant in the capacities and on the dates indicated.
<TABLE>
<CAPTION>
Signature Title Date
- --------- ----- ----
<S> <C> <C>
/s/ Richard Hennessey Director, Secretary and President April 13, 2000
- ----------------------------
Richard Hennessey
/s/ Keith Larkin Treasurer and Chairman of the April 13, 2000
- ---------------------------- Board (Principal Executive,
Keith Larkin Financial and Accounting Officer)
</TABLE>
3
