-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, M4J9Ozgzi1Z140cvIfcMR5YxOdwzIpIADQPrdf1D6Tn6t+cDLADmsxItHKhjoHCY KBcpTC8Lu2D0QXzhcJWpdA== 0001096132-01-500010.txt : 20010228 0001096132-01-500010.hdr.sgml : 20010228 ACCESSION NUMBER: 0001096132-01-500010 CONFORMED SUBMISSION TYPE: 10-Q/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20000330 FILED AS OF DATE: 20010227 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DIABETEX INTERNATIONAL CORP CENTRAL INDEX KEY: 0001096132 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MEDICAL LABORATORIES [8071] IRS NUMBER: 870652348 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q/A SEC ACT: SEC FILE NUMBER: 000-30380 FILM NUMBER: 1554792 BUSINESS ADDRESS: STREET 1: 142 FERRY ROAD STREET 2: SUITES 1 & 2 CITY: OLD SAYBROOK STATE: CT ZIP: 06475 BUSINESS PHONE: 806-395-1933 MAIL ADDRESS: STREET 1: 142 FERRY ROAD STREET 2: SUITES 1 & 2 CITY: OLD SAYBROOK STATE: CT ZIP: 06475 10-Q/A 1 dqa3.txt AMENDED QUARTERLY FOR MARCH 2000 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10Q-SB Amended Quarterly Report Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934 For the Period ended March 31, 2000 Commission file number: 0-30380 Diabetex International Corporation ------------------------------------------------- (Exact name of registrant as specified in charter Nevada 87-065234 - ---------------------- ------------------------ (State or other jurisdiction of (IRS Employe incorporation or organization) Identification No. 142 Ferry Road, Suites 1 & 2, Old Saybrook, Ct. 0647 - ----------------------------------------------- ----------------- (Address of principal executive offices) (Zip Code Registrant's telephone number including area code:(860)395-193 Indicate by check mark whether the registrant (1) has filed all report required to be filed by Section 13 or 15(d) of the Securities 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 [ Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the last practical date March 31, 2000 Common Shares 13,201,599 at par value $.001 PART 1 FINANCIAL INFORMATION Diabetex International Corporation and Subsidiaries Consolidated Financial Statement March 31, 200 INDEPENDENT AUDITOR'S REPORT To the Board of Directors and Stockholders of Diabetex International Corporation Salt Lake City, Utah We have reviewed the accompanying consolidated balance sheet of Diabetex International Corporation and subsidiary as of March 31, 2000 and the related consolidated statements of income, stockholders' equity and cash flows for the period then ended. These financial statements are the responsibility of the company's management. We conducted our review in accordance with standards established by the American Institute of Certified Public Accountants. A review of interim financial information consists principally of applying analytical procedures to financial data and making inquiries of persons responsible for financial and accounting matters. It is substantially less in scope than an audit conducted in accordance with generally accepted auditing standards, the objective of which is the expression of an opinion regarding the financial statements take as a whole. Accordingly, we do not express such an opinion. Based on our review, we are not aware of any material modifications that should be made to the condensed consolidated financial statements referred to above for them to be in conformity with generally accepted accounting principles. We have previously audited, in accordance with generally accepted auditing standards, the balance sheet as of December 31, 1999, and the related statements of income, stockholders' equity and cash flows for the year the ended; and in our report dated April 12, 2000, we expressed an unqualified opinion on those financial statements. The accompanying statements of operations and cash flows for the period ended March 31, 1999 were not audited or reviewed by us and, accordingly, we do no express an opinion on them. Crouch, Bierwolf & Chishol May 16, 200 Diabetex International Corporation and Subsidiar (A Development Stage Company Consolidated Balance Sheet
STOCKHOLDERS' EQUITY Accumulated Capital in Deficit Durin Common Common Excess of Retained Shares Stock Par Value Deficit Stockholders' Equit Activity from Sept. 14, 1983 thru Dec. 31, 1990 862 $ 2 $ 94,173 $ ( 96,973) Loss for 1990 - - - ( 130) Balance, December 31, 1990 862 2 94,173 ( 97,103) Issues 225 shares to a officer in cancellation of debt at $16.77 per share 225 1 3,772 - Loss for the Year - - - ( 3,333) Balance, December 31, 1991 1,087 3 97,945 ( 100,436) Expenses paid on the Company' behalf contributed to capital - - 2,666 - March 5, 1992, issued 1,25 shares for services rendered for $8 per share 1,250 2 9,998 - Loss for the Year - - - ( 10,278) Balance, December 31, 1992 2,337 5 110,609 ( 110,714) Loss for the Year - - - ( 136) Balance, December 31, 1993 2,337 5 110,609 ( 110,850) October 17, 1994, issue 25,000 shares for expenses paid on the Company's behalf for $.84 per share 25,000 50 20,950 - Expenses paid on the Company's behalf contributed to capital - - 612 - Loss for the Year - - - ( 22,903) Balance, December 31, 1994 27,337 55 132,171 ( 133,753) Expenses paid on the Company' behalf contributed to capital - - 1,227 - Loss for the Year - - - ( 100) Balance, December 31, 1995 27,337 5 133,398 ( 133,853) Loss for the Year - - - ( 100) Balance, December 31, 1996 27,337 55 133,398 ( 133,953)
STOCKHOLDERS' EQUITY -CONTINUE Accumulated Capital in Deficit During Common Common Excess of Retained Shares Stock Par Value Deficit Stockholders' Equity Balance, December 31, 1996 27,337 $ 55 $ 133,398 $ ( 133,953) Shares issued for assets of Aladdin Transportation Landmark, Inc. and Over 100 Inc. for $0 per share 82,500 165 ( 165) - Shares issued for incentives for loans to Aladdin Transportation, Landmark, Inc. and Over 100, Inc. for $.80 per share 25,163 50 20,081 - Shares canceled by various shareholders ( 10,000) ( 20) 20 - Shares canceled for acquisition on Aladdin Transportation, Landmark Inc. and Over 100, Inc. ( 82,500) ( 165) 165 - Shares issued for Presidential an Regal Limousine Service for $0 per share 4,000 8 ( 8) - Shares canceled for Presidentia and Regal Limousine Service( 4,000) ( 8) 8 - Net Loss for the Year - - - ( 23,031) Balance, December 31, 1997 42,500 85 153,499 ( 156,984) Rounding due to reverse stock split (Note 2) 11 - - - Net Loss for the Year - - - ( 650) Balance, December 31, 1998 42,511 85 153,499 ( 157,634) STOCKHOLDERS EQUITY - CONTINUE Accumulated Capital in Deficit During Common Common Excess of Retained Shares Stock Par Value Deficit Shareholders' Equity Balance, December 31,1998 42,511 $ 85 $ 153,499 $ ( 157,634) Shares issued for cash at $.002 per share 8,387,800 16,775 530 - Shares issued for services at $.0 per share (Note 2) 2,000,000 4,000 96,000 - Shares issued for cash at $.05 per share 875,100 1,750 45,767 - Shares issued for services at $3 per share (Note 2) 50,000 100 149,900 - Shares issued for cash at $10 per share 1,000 2 2,998 - Shares issued for cash at $10 per share 21,307 43 213,027 - Shares issued for 100% of shares of Advanced Metabolic Technology at $10 per share (Note 3) 1,232,261 2,465 12,320,145 - Shares issued for intellectual properties Hamilton-May, Inc at $10 per share (Note 3) 300,000 600 2,999,400 - Expenses paid by shareholder in Company behalf - - 4,050 - Shares issued to Phoenix Energy (Note 3) 35,000 70 349,930 - Shares issued for services a $10. (Note 2) 12,500 25 124,975 - Shares issued for cash at $10 3,450 7 34,493 - Shares issued for services a $9.00 (Note 2) 150,000 300 1,349,700 - Net Loss for the Year - - - ( 3,002,116) Balance, December 31,1999 13,110,929 $ 26,222 $ 17,844,414 $( 3,159,750) (continued Diabetex International Corporation and Subsidiar (A Development Stage Company Consolidated Statements of Stockholders' Equit (continued -----END PRIVACY-ENHANCED MESSAGE-----