-----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, A9XLEvr7KyF2erd7Tpr8DhqPnZrM7j5a7rE7Q6wNcluK6HkkweaaPb0EX0wzjHcS ggiZwqIX06LbHaQkpAkhMQ== 0000829323-03-000006.txt : 20030814 0000829323-03-000006.hdr.sgml : 20030814 20030814111447 ACCESSION NUMBER: 0000829323-03-000006 CONFORMED SUBMISSION TYPE: 10QSB/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030630 FILED AS OF DATE: 20030814 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CGI HOLDING CORP CENTRAL INDEX KEY: 0000829323 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH [8731] IRS NUMBER: 870450450 STATE OF INCORPORATION: NV FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 10QSB/A SEC ACT: 1934 Act SEC FILE NUMBER: 033-19980-D FILM NUMBER: 03844282 BUSINESS ADDRESS: STREET 1: 300 N MANNHEIM CITY: HILLSIDE STATE: IL ZIP: 60162 BUSINESS PHONE: 7083570900 MAIL ADDRESS: STREET 1: 300 N MANNHEIM CITY: HILLSIDE STATE: IL ZIP: 60162 FORMER COMPANY: FORMER CONFORMED NAME: GEMSTAR ENTERPRISES INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: NORTH STAR PETROLEUM INC DATE OF NAME CHANGE: 19900530 10QSB/A 1 cgi0603qsb.txt AMENDED QUARTERLY REPORT FOR JUNE 30, 2003 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-QSB/A [Mark One] [x] QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended : June 30, 2003 [ ] TRANSITION REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 COMMISSION FILE NUMBER: 33-19980-D CGI HOLDING CORPORATION ----------------------- (Exact name of small business issuer as specified in its charter) Nevada 87-0450450 - ----------------------------- --------------------------- State of other jurisdiction of I.R.S. Employer I.D. No. incorporation or organization 300 N MANNHEIM ROAD, HILLSIDE, ILLINOIS 60162 - ------------------------------------------ -------------- (Address of principal executive offices) (Zip Code) Issuer's telephone number, including area code (708) 547-0401 ----------------- 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 Company was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [x] No [ ] Yes [ ] No[x] 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: 20,789,474 shares of its $0.001 par value common stock as of August 12, 2003. Transitional Small Business Disclosures Format (check one) Yes [ ] No [x] CGI HOLDING CORPORATION FORM 10-QSB/A For the quarter ended June 30, 2003 The INDEX PART I. FINANCIAL INFORMATION Item 2. Managements Discussion and Analysis of Financial Conditions and Results of Operations The following has been amended from the original version to correct the dates in the headings of the schedules provided. The orginal filing had the wrong year listed for the six months ended June 30, 2002 segment analysis. Segment Analysis INDUSTRY SEGMENT SIX MONTHS ENDED JUNE 30, 2003 WORLDMALL CGI CONSOLIDATED ------------- ---------------- --------------- SALES 2,320,398 - 2,320,398 COST OF SALES 1,173,995 - 1,173,995 ------------ ---------------- --------------- GROSS PROFIT 1,146,403 - 1,146,403 SELLING AND ADMINISTRATION 1,006,768 72,401 1,079,169 ------------ ---------------- --------------- INCOME FROM OPERATIONS 139,635 (72,401) 67,234 ------------ ---------------- --------------- OTHER INCOME (EXPENSE) OTHER INCOME - - - INTEREST INCOME - 6,224 6,224 INTEREST EXPENSE (12,556) (25,766) (38,322) ------------ ---------------- --------------- TOTAL (12,556) (19,542) (32,098) ------------ ---------------- --------------- INCOME BEFORE TAXES 127,079 (91,943) 35,136 ============ ================ =============== INDUSTRY SEGMENT THREE MONTHS ENDED JUNE 30, 2003 WORLDMALL CGI CONSOLIDATED ------------- ---------------- --------------- SALES 1,135,037 - 1,135,037 COST OF SALES 677,165 - 677,165 -------------- ---------------- --------------- GROSS PROFIT 457,872 - 457,872 SELLING AND ADMINISTRATION 383,001 30,733 413,734 -------------- ---------------- --------------- INCOME FROM OPERATIONS 74,871 (30,733) 44,138 -------------- ---------------- --------------- OTHER INCOME (EXPENSE) OTHER INCOME - - - INTEREST INCOME - 6,159 6,159 INTEREST EXPENSE (5,196) (10,551) (15,747) -------------- ---------------- --------------- TOTAL (5,196) (4,392) (9,588) -------------- ---------------- --------------- INCOME BEFORE TAXES 69,675 (35,125) 34,550 ============== ================ =============== 14 INDUSTRY SEGMENT SIX MONTHS ENDED JUNE 30, 2002 WORLDMALL CGI CONSOLIDATED ------------- ---------------- --------------- SALES 2,003,929 - 1,185,361 COST OF SALES 921,833 - 496,830 ------------ ---------------- --------------- GROSS PROFIT 1,082,096 - 688,531 SELLING AND ADMINISTRATION 846,778 41,668 665,435 ------------ ---------------- --------------- INCOME FROM OPERATIONS 235,318 (41,668) 23,096 ------------ ---------------- --------------- OTHER INCOME (EXPENSE) IMPAIRMENT OF ASSETS (2,154,052) (350,000) (2,504,052) OTHER INCOME - 15,000 15,000 INTEREST INCOME - - - INTEREST EXPENSE (31,448) (15,911) (47,359) ------------ ---------------- --------------- TOTAL (2,185,500) (350,911) (2,536,411) ------------ ---------------- --------------- INCOME BEFORE TAXES (1,950,182) (492,830) (2,443,012) ============ ================ =============== INDUSTRY SEGMENT THREE MONTHS ENDED JUNE 30, 2002 WORLDMALL CGI CONSOLIDATED ------------- ---------------- --------------- SALES 1,109,743 - 1,109,743 COST OF SALES 692,146 - 692,146 -------------- ---------------- --------------- GROSS PROFIT 417,597 - 417,597 SELLING AND ADMINISTRATION 251,717 79,307 331,024 -------------- ---------------- --------------- INCOME FROM OPERATIONS 165,880 (79,307) 86,573 -------------- ---------------- --------------- OTHER INCOME (EXPENSE) OTHER INCOME - - - INTEREST INCOME - - - INTEREST EXPENSE (15,841) (13,998) (29,839) -------------- ---------------- --------------- TOTAL (15,841) (13,998) (29,839) -------------- ---------------- --------------- INCOME BEFORE TAXES 150,039 (93,305) 56,734 ============== ================ =============== SIGNATURES In accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized on this 14th day of August, 2003. CGI Holding Corporation By: /s/ Gerard M. Jacobs ---------------------------------- Gerard M. Jacobs President, Chief Executive Officer, Treasurer, Secretary -----END PRIVACY-ENHANCED MESSAGE-----