-----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, TS7DemPEJjL8Az3IU8rkDHakuC0oleaCFfnU1mbftPX4R3IKZxk5pgcziGJUncs+ olgLwuyzNaOnJlOpmPvmyA== 0000802686-96-000007.txt : 19961113 0000802686-96-000007.hdr.sgml : 19961113 ACCESSION NUMBER: 0000802686-96-000007 CONFORMED SUBMISSION TYPE: 10QSB PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19960930 FILED AS OF DATE: 19961112 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: ORIGINAL ITALIAN PASTA PRODUCTS CO INC CENTRAL INDEX KEY: 0000802686 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS FOOD PREPARATIONS & KINDRED PRODUCTS [2090] IRS NUMBER: 042877789 STATE OF INCORPORATION: MA FISCAL YEAR END: 0625 FILING VALUES: FORM TYPE: 10QSB SEC ACT: 1934 Act SEC FILE NUMBER: 000-16161 FILM NUMBER: 96658929 BUSINESS ADDRESS: STREET 1: 36 AUBURN ST CITY: CHELSEA STATE: MA ZIP: 02150 BUSINESS PHONE: 6178845211 MAIL ADDRESS: STREET 1: 36 AUBURN STREET CITY: CHELSEA STATE: MA ZIP: 02150 10QSB 1 SEPTEMBER 30, 1996 U. S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-QSB QUARTERLY REPORT UNDER SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarter Ended Commission File No. September 30, 1996 0-16161 ORIGINAL ITALIAN PASTA PRODUCTS CO. INC. 36 AUBURN STREET CHELSEA, MA 02150 TELEPHONE (617) 884-5211 State of Incorporation I.R.S. Employer Identification No. Massachusetts 04-2877789 Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934 during the preceding twelve months (or 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 September 30, 1996 the number of shares of Common Stock, $.02 par value, outstanding were 1,899,885. Original Italian Pasta Products Co. Inc. INDEX PAGE NO. PART I. FINANCIAL INFORMATION Item 1. Financial Statements: (Current years results are unaudited) Balance Sheets - As at September 30, 1996 and June 30, 1996 3 Statement of Operations: Three months ended September 30, 1996 and September 30, 1995 4 Statement of Cash Flows: Three months ended September 30, 1996 and September 30, 1995 5 Notes to Financial Statements 6 Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations 7-9 PART II. OTHER INFORMATION Item 1. Legal Proceedings 9-12 Item 6. Exhibits and Reports on Form 8-K 13 SIGNATURES 13 EXHIBIT 11 - Computation of Earnings Per Share 14 Original Italian Pasta Products Co. Inc. Balance Sheet (Unaudited) Asset September 30, June 30, 1996 1996 Current Assets: Cash and Cash Equivalents $ 210,000 $ 195,000 Accounts Receivable, net 559,000 665,000 Inventories (Note 3) 768,000 745,000 Prepaid expenses and other 16,000 62,000 -------- ---------- Total current assets 1,553,000 1,667,000 Property and equipment, net 1,387,000 1,382,000 Other assets, net 52,000 131,000 --------- ---------- Total Assets $ 2,992,000 $ 3,180,000 ========= =========== Liabilities and Shareholders Equity Current Liabilities: Current maturities of long- term debt and capital lease $ 218,000 $ 284,000 Accounts Payable 1,193,000 1,056,000 Accrued Expenses 1,057,000 1,072,000 ---------- --------- To -----END PRIVACY-ENHANCED MESSAGE-----