-----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, AR4taOrtXrK3eYO23YtX7J76y5qwjycDheh6zOFsUKoV79SPROcg0fhKes6xxCqR e1ePJcOicq1n2h3qrUQ47w== 0000075053-97-000009.txt : 19971127 0000075053-97-000009.hdr.sgml : 19971127 ACCESSION NUMBER: 0000075053-97-000009 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19960331 FILED AS OF DATE: 19971126 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: D LANZ DEVELOPMENT GROUP INC CENTRAL INDEX KEY: 0000075053 STANDARD INDUSTRIAL CLASSIFICATION: INVESTORS, NEC [6799] IRS NUMBER: 111717709 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: SEC FILE NUMBER: 000-05367 FILM NUMBER: 97728771 BUSINESS ADDRESS: STREET 1: 400 GROVE ST CITY: GLEN ROCK STATE: NJ ZIP: 07452 BUSINESS PHONE: 2014458862 MAIL ADDRESS: STREET 1: 400 GROVE STREET CITY: GLEN ROCK STATE: NY ZIP: 07452 FORMER COMPANY: FORMER CONFORMED NAME: RESORT CONNECTIONS INC DATE OF NAME CHANGE: 19970319 10-Q 1 10Q FOR 1ST QUARTER 96 U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q [X] Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. For the quarterly period ended March 31, 1996. [ ] Transition report pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934. For the transition period from to Commission File Number: 0-5367 D-LANZ DEVELOPMENT GROUP, INC. (Exact name of registrant as specified in its charter Delaware 11-1717709 (State of otherjurisdiction of (I.R.S. Employer incorporation or organization Identification No.) 400 Grove Street Glen Rock, New Jersey 07452 Address of principal executive offices) 201- 445-8862 (Registrant's telephone number, including area code) Former name, former address and former fiscal year, if changed since last report Indicate by check mark, whether the registrant:: (1) has filed all reports required to be filed by Section 13 or 15(d) of the 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 No The Company had 1,551,394 shares of common stock outstanding PART I FINANCIAL INFORMATION Item 1. Financial Statements The condensed financial statements for the periods ended March 31, 1996 included herein have been prepared by D-Lanz Development Group, Inc., (the "Company") without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (the "Commission"). In the opinion of management, the statements include all adjustments necessary to present fairly the financial position of the Company as of March 31, 1996, and the results of operations and cash flows for the three month periods ended March 31, 1995 and 1996. The Company's results of operations during the three months of the Company's fiscal year are not necessarily indicative of the results to be expected for the full fiscal year. The financial statements included in this report should be read in conjunction with the financial statements and notes thereto in the Company's Annual Report on Form 10-K for the fiscal years ended December 31, 1994 and 1995.
D-LANZ DEVELOPMENT GROUP, INC. (A Development Stage Company) BALANCESHEET Assets December 31, December 31, March 31, 1994 1995 1996 Current assets Cash 0 0 0 Total assets 0 0 0 Liabilities and Stockholders' Equity 0 0 0 Commitments and Contingencies 0 0 0
Capital stock Preferred stock-authorized 5,000,000 shares $.001 par value. At December 31, 1994 and 1995 and March 31, 1996 the number of shares outstanding was -0- Capital stock-authorized 15,000,000 shares, par value of $.00 1. At December 31, 1994 and 1995 and March 31, 1996 the number of shares outstanding was 1,551,394.$1,551 $1,551 $1,551 Additional paid in capital (1,551) (1,551) (1,551) Total stockholders' equity -0- -0- -0- Total liabilities and stockholders' equity-0- -0- -0- See accompanying notes to financial statements.
D-LANZ DEVELOPMENT GROUP, INC. (A Development Stage Company) STATEMENT OF OPERATIONS For the year For the year For the three For the three ending ending months ended months ended December 3l, December 3l, March 31, March 31, 1994 1995 1995 1996 Income $-0- $-0- $-0- $-0- Less costs of goods sold -0- $-0- $-0- $-0- Gross profit -0- $-0- $-0- $-0- Operations: General and administrative -0- $-0- $-0- $-0- Depreciation and amortization -0- $-0- $-0- $-0- Total expense -0- $-0- $-0- $-0- Profit from operations and before -0- $-0- $-0- $-0- Corporate income tax expense Corporate income tax -0- $-0- $-0- $-0- Net profit or (Loss) -0- $-0- $-0- $-0- Net income per share -0- $-0- $-0- $-0- Average number of shares 1,551,394 1 ,551,394 1,551,394 1,551,394 outstanding
See accompanying notes to financial statements.
D-LANZ DEVELOPMENT GROUP, INC. (A Development Stage Company) STATEMENT OF CASH FLOWS For the year For the year For the three For the three ending ending months ended months ended December 31, December 31, March 31, March 31, 1994 1995 1995 1996 CASH FLOWS FROM OPERATING ACTIVITIES Net profit (loss) $-O- $-O- $-0- $-0- Depreciation and amortization $-O- $-O- $-0- $-0- TOTAL CASH FLOWS FROM OPERATING $-O- $-O- $-0- $-0- ACTIVITIES CASH FLOWS FROM FINANCING ACTIVITIES Commitments and contingencies $-O- $-O- $-0- $-0- TOTAL CASH FLOWS FROM FINANCING $-O- $-O- $-0- $-0- ACTIVITIES NET INCREASE (DECREASE) IN CASH $-O- $-O- $-0- $-0- CASH BALANCE BEGINNING OF $-O- $-O- $-0- $-0- PERIOD CASH BALANCE END OF PERIOD $-O- $-O- $-0- $-0-
See accompanying notes to financial statements.
D-LANZ DEVELOPMENT GROUP, INC. (A Development Stage Company) STATEMENT OF STOCKHOLDERS' EQUITY Preferred Preferred Common Common Additional paid Date Stock Stock Stock Stock in capital Total 12-31-1991 -0- $-0- 1,551,394 $1,551 $(1,551) $-0- 12-31-1992 -0- $-0- 1,551,394 $1,551 $(1,551) $-0- 12-31-1993 -0- $-0- 1,551,394 $1,551 $(1,551) $-0- 12-31-1994 -0- $-0- 1,551,394 $1,551 $(1,551) $-0- 12-31-1995 -0- $-0- 1,551,394 $1,551 $(1,551) $-0- Unaudited 3-31-1996 -0- $-0- 1,551,394 $1,551 $(1,551) $-0-
See accompanying notes to financial statements. D-LANZ DEVELOPMENT GROUP, INC. NOTES TO FINANCIAL STATEMENTS NOTE A--BASIS OF PRESENTATION The accompanying unaudited financial statements have been prepared in accordance with generally accepted principles for interim financial information as set forth in Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all necessary adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results of D- Lanz Development Group, Inc. (the "Company") for the three months ended March 31, 1995 and 1996 are not necessarily indicative of the results that may be expected for the fiscal year ending December 3 1, 1996. NOTE B--EARNINGS PER SHARE Earnings per share have been computed on the basis of weighted average number of shares outstanding. The weighted average number of shares outstanding at March 31, 1995 and 1996 was 1,551,394 and 1,551,394 respectively. NOTE C-COMMITMENTS The Company had no lawsuits or liabilities pending at March 31, 1995 and 1996. NOTE D--CONTINGENT LIABILITY a. Leased Office Space The Company occupies office space at 400 Grove Street, Glen Rock, New Jersey rent free on a month to month basis. Item 2. Management's Discussion and Analysis of Plan of operation Results of Operations For the year ended December 31, 1995 as compared to the year ended December 31, 1994. The company has remained inoperative. Sales, costs of goods sold, gross profit, operating expenses and net profit were $-0- for both the years ended December 31, 1994 and 1995. The activities of the Company during the years ended December 31, 1994 and 1995 consisted of preparing and filing corporate income tax returns and filings for the Securities and Exchange Commission. For the three months ended March 31, 1996 as compared to the three months ended March 31, 1995. The company has remained inoperative. Sales, costs of goods sold, gross profit, operating expenses and net profit were $-0- for both the three months ended March 31, 1995 and 1996. The activities of the Company during the three months ended March 31, 1995 and 1996. consisted of preparing and filing corporate income tax returns and filings for the Securities and Exchange Commission. Liquidity And Capital Resources As of March 31, 1996, the Company's working capital was a $-0-. The Company's President has provided the necessary moneys to sustain the Company's existence until a new business purpose can be found. PART II OTHER INFORMATION Item 1. Legal Proceedings. No legal proceedings are pending against the Company. Item 2. Changes in Securities None. Item 3. Defaults upon Senior Securities None. Item 4. Submission of Matters to a Vote of Security-Holders None. SIGNATURES In accordance with the requirements of the Securities Exchange Act of 1934, the registrant caused this report to be signed on its behalf by the undersigned thereunto duly authorized. D-LANZ DEVELOPMENT GROUP, INC. /s/Roger Fidler Mr. Roger Fidler, President Dated: October 10, 1996 EX-27 2 FDS --
5 This schedule contains summary financial information extracted from financial statements for the three month period ended March 31, 1996 and is qualified in its entirety by reference to such financial statements. 0000075053 D-lanz Development Group, Inc. 1 $ 3-MOS DEC-31-1996 Jan-01-1996 Mar-31-1996 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 .00 .00
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