-----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, Nzyp8BGeZ2gr/qztAllqbGB/8JGevcSEawtQt9cQ5RU7CftUsRp4ku1aj61q5MAa 4djp/nurcLaD2W35Dh+f1Q== 0000819926-01-500004.txt : 20020413 0000819926-01-500004.hdr.sgml : 20020413 ACCESSION NUMBER: 0000819926-01-500004 CONFORMED SUBMISSION TYPE: 10QSB PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20011031 FILED AS OF DATE: 20011214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MALEX INC CENTRAL INDEX KEY: 0000819926 STANDARD INDUSTRIAL CLASSIFICATION: INVESTORS, NEC [6799] IRS NUMBER: 752233445 STATE OF INCORPORATION: DE FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 10QSB SEC ACT: 1934 Act SEC FILE NUMBER: 033-16335 FILM NUMBER: 1813536 BUSINESS ADDRESS: STREET 1: 6959 ARAPAHO STREET 2: SUITE 122 CITY: DALLAS STATE: TX ZIP: 75248 BUSINESS PHONE: (972)386-8907 MAIL ADDRESS: STREET 1: 6959 ARAPAHO STREET 2: SUIT3 122 CITY: DALLAS STATE: TX ZIP: 75248 10QSB 1 mlxq1001.txt U.S. SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-QSB (Mark One) Quarterly report under Section 13, or 15 (d) of the Securities Exchange Act of 1934 For the quarterly period ended October 31, 2001 Transition report under Section 13 or 15 (d) of the Exchange Act For the transition period from ________________ to _________________ Commission file number 33-16335 MALEX, INC. (Exact Name of Small Business Issuer as Specified in Its Charter) Delaware 75-2235008 (State or Other Jurisdiction of (I.R.S. Employer Incorporation or Organization) Identification No.) 6959 Arapaho, Suite 122, Dallas, Texas 75248 (Address of Principal Executive Offices) (972) 386-8907 (Issuer's Telephone Number, Including Area Code) (Former Name, Former Address and Former Fiscal Year, if Changed Since Last Report) Check whether the issuer: (1) filed all reports required to be filed by Section 13 or 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 past 90 days. Yes No APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE YEARS Check whether the registrant filed all documents and reports required to be filed by Section 12, 13, or 15 (d) of the Exchange Act after the distribution of securities under a plan confirmed by a court. Yes No APPLICABLE ONLY TO CORPORATE ISSUERS State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date: 8,416,000 MALEX, INC. I N D E X Page No. Part I FINANCIAL INFORMATION: Item 1. Balance Sheets 3 Statements of Operations 4 Statements of Cash Flows 5 Notes to Financial Statements (unaudited) 6 Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations 6 Part II OTHER INFORMATION 7 MALEX, INC. (a development stage company) PART I. FINANCIAL INFORMATION CONDENSED BALANCE SHEETS (Unaudited) ASSETS October 31, 2001April 30, 2001 (Unaudited) (Audited) Cash $ 3 $ 3 Total Assets $ 3 $ 3 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities $ 3,000 $ 2,000 Stockholders' Equity: Common stock (number of shares authorized 75,000,000, issued and outstanding 8,400,000 shares, par value $.00002/sh) 168 168 Additional paid in capital 2,097 2,097 Deficit accumulated during the development stage (5,262) (4,262) Total Liabilities & Stockholders' Equity $ 3 $ 3
The accompanying notes are an integral part of these financial statements. MALEX, INC. (a development stage company) STATEMENTS OF OPERATION (Unaudited) Six Months Ended October 31, 2001 2000 Income $ - $ - Expenses - General and Administrative $ (1000) $ - Net Income (Loss) $ (1000) $ - Earnings per common share* * * *(less than $0.001 per share) Weighted average number of shares outstanding 8,416,000 8,416,000
The accompanying notes are an integral part of these statements. MALEX, INC. (a development stage company) STATEMENTS OF CASH FLOWS Six Months Six Months Ended Ended October 31, 2001 October 31, 2000 CASH FLOWS FROM OPERATING ACTIVITIES: Cash Received From Customers $- $ - Cash Paid to Employees and Other Suppliers of Goods and Services - - NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES - - NET CASH PROVIDED (USED) BY INVESTING ACTIVITIES - - NET CASH PROVIDED (USED) BY FINANCIAL ACTIVITIES - - NET INCREASE (DECREASE) IN CASH - - BEGINNING CASH BALANCE 3 3 CASH BALANCE AT END OF PERIOD $ 3 $ 3
The accompanying notes are an integral part of these financial statements. NOTES TO FINANCIAL STATEMENTS (UNAUDITED) Item 1. Financial Statements The accompanying unaudited financial statements have been prepared in accordance with the instructions to Form 10-Q and 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 adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. These statements should be read in conjunction with the audited financial statements and notes thereto included in the Registrant's Form 10-K for the year ended April 30, 2001. Item 2. Management Discussion and Analysis of Financial Condition and Results of Operations Registrant has no operations or substantial assets and intends to seek out and obtain candidates with which it can merge or whose operations or assets can be acquired through the issuance of common stock and possibly debt. Following a distribution of its common stock to the shareholders of Forme Capital, Inc. the Registrant has approximately 1000 shareholders. It is the present expectation of the Management of Registrant that in connection with any such merger or acquisition of operations or assets that the Management of Registrant will be transferred to the new controlling shareholders. The Management of Registrant intends to negotiate covenants with any such company or controlling shareholders that it/they will maintain Registrant's registration with the Securities and Exchange Commission, comply with the terms of its Articles of Incorporation and Bylaws in all respects, maintain and promote an orderly market in Registrant's Common Stock and otherwise treat Registrant's shareholders fairly. Liquidity and Capital Resources Registrant is a development-stage company and has not conducted any business operations as yet. The Registrant's cash resources and liquidity are extremely limited. The Registrant has no assets to use as collateral to allow the Registrant to borrow, and there is no available external funding source other than Forme which has agreed to provide up to $9,200 for expenses connected with the attempt to find a business combination partner. If no combination partner can be found within twelve months, Registrant will experience severe cash flow difficulties. Registrant's principal needs for capital are for Securities and Exchange Commission reporting requirements, bookkeeping and professional fees. PART II. OTHER INFORMATION Item 6. Exhibits and Reports on Form 8-K NONE 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 thereto duly authorized. MALEX, INC. (Registrant) By: /s/ Daniel Wettreich DANIEL WETTREICH, PRESIDENT Date: December_13, 2001 -----END PRIVACY-ENHANCED MESSAGE-----