UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-QSB/A
(Mark One)
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OF 15 (d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the quarterly period September 30, 1997
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OF 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the transition period from ______________ to ________________.
Commission file number 0-27240
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ECOTYRE TECHNOLOGIES, INC.
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(Exact name of small business issuer as specified in its charter)
Delaware 11-3234026
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(State of other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
895 Waverly Avenue, Holtsville, New York 11742
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(Address of principal executive offices)
Check whether the issuer (1) filed all reports required to be filed by
Section 13 of 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 [ ]
As of November 19, 1997, 3,492,430 shares of $.001 par value Common Stock of the
registrant were outstanding.
Index schedule found on Page No. 2
<PAGE>
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 : November 20, 1997 ECOTYRE TECHNOLOGIES, INC.
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(Registrant)
By: /s/Vito F. Alongi
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Vito F. Alongi,
President, Treasurer and Principal
Financial Officer
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
financial statements for the six months ended September 30, 1997 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> SEP-30-1997
<CASH> 30,853
<SECURITIES> 0
<RECEIVABLES> 1,379,679
<ALLOWANCES> 17,000
<INVENTORY> 944,342
<CURRENT-ASSETS> 2,907,358
<PP&E> 2,342,561
<DEPRECIATION> 103,330
<TOTAL-ASSETS> 5,762,884
<CURRENT-LIABILITIES> 1,795,028
<BONDS> 0
944,756
0
<COMMON> 2,958
<OTHER-SE> 1,898,403
<TOTAL-LIABILITY-AND-EQUITY> 5,762,884
<SALES> 2,137,237
<TOTAL-REVENUES> 2,137,237
<CGS> 2,212,851
<TOTAL-COSTS> 2,212,851
<OTHER-EXPENSES> 161,860
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 68,077
<INCOME-PRETAX> (1,180,674)
<INCOME-TAX> 10,355
<INCOME-CONTINUING> (1,191,029)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (1,712,227)
<EPS-PRIMARY> (1.09)
<EPS-DILUTED> (1.09)
</TABLE>
