-----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, J78/J+DXrdB5+n6Nii4YLNqd4ZTnknMsxZ6TrhI1Tpc6tH2LT7pE0rO/r4uEy/Zb O/nfHULmOBrGGkVSLrxpRg== 0000950153-96-000226.txt : 19960423 0000950153-96-000226.hdr.sgml : 19960423 ACCESSION NUMBER: 0000950153-96-000226 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19960419 ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19960422 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: WAVETECH INC CENTRAL INDEX KEY: 0000799694 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ENGINEERING SERVICES [8711] IRS NUMBER: 222726569 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-15482 FILM NUMBER: 96549314 BUSINESS ADDRESS: STREET 1: 5210 E WILLIAMS CIRCLE STREET 2: STE 200 CITY: TUCSON STATE: AR ZIP: 85711 BUSINESS PHONE: 5207509093 MAIL ADDRESS: STREET 1: 5210 E WILLIAMS CIRCLE CITY: TUCSON STATE: AZ ZIP: 85711 8-K/A 1 AMENDMENT 1 TO WAVETECH, INC. 8-K DATED 4/19/96 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K\A AMENDMENT NO. 1 CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) April 19, 1996 ------------------------- WAVETECH, INC. (Exact name of registrant as specified in its charter) New Jersey 0-15482 22-2726569 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 5210 E. Williams Circle, Suite 200, Tucson, Arizona 85711 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (520) 750-9093 -------------------- Not applicable (Former name or former address, if changed since last report.) 2 The undersigned registrant hereby amends the following items, financial statements, exhibits or other portions of its Form 8-K Current Report dated April 8, 1996, as follows: ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (a) Financial Statements of Business Acquired. Not applicable. (b) Pro Forma Financial Information. Not applicable. (c) Exhibits. Exhibit A attached to the Form 8-K Current Report dated April 8, 1996 is amended in its entirety and replaced with Exhibit A\1 filed herewith. 2 3 SIGNATURE 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 hereunto duly authorized. Dated: April 19, 1996 WAVETECH, INC. By: /s/Gerald I. Quinn ------------------------------------------ Gerald I. Quinn President and Chief Executive Officer 3 4 EXHIBIT A/1 WAVETECH, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEET MARCH 31, 1996 (UNAUDITED) ----------------------------
ASSETS ------ Pro-Forma March 31, 1996 Pro-Forma Consolidated Actual Adjustments 03/31/96 ===================================================== Current Assets: Cash and Cash equivalents $ 138,707 $1,492,500 $ 1,631,207 Other Current Assets 4,398 4,398 ----------- ----------- Total Current Assets 143,105 1,635,605 Property and Equipment, net 535,049 535,049 Other Assets: Deposits 64,718 64,718 Other Assets 10,400 10,400 ----------- ----------- Total Other Assets 75,118 75,118 ----------- ---------- ----------- Total Assets 753,272 1,492,500 2,245,772 =========== ========== =========== LIABILITIES AND STOCKHOLDERS' EQUITY ------------------------------------ Current Liabilities: Accounts payable and accrued $ 98,115 $ 98,115 expenses Capital Leases 14,980 14,980 *Notes payable, current 53,639 53,639 ----------- ----------- Total Current Liabilities 166,734 166,734 ----------- ----------- Stockholders' equity: Common stock, par value 10,500 1,532 12,032 $.001 per share; 50,000,000 shares authorized, and 12,509,246 shares issued and outstanding Additional paid in capital 2,739,792 1,490,968 4,230,760 Retained earnings (accumulated deficit) (2,163,754) (2,163,754) ----------- ----------- Total stockholders' equity (deficit) 586,538 2,079,038 ----------- ---------- ----------- Total liabilities and stockholders' equity 753,272 1,492,500 2,245,772 =========== ========== ===========
*Paid with Common Stock not a cash item. 5 WAVETECH, INC. & SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS FOR THE 7 MONTH PERIODS ENDED MARCH 31, 1996 (UNAUDITED) Revenues: $ 12,532 Cost of Sales: 112,741 --------- Gross Margins: (100,209) Development and Administrative Expenses: 671,378 --------- Net Loss: $(771,587) =========
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