U.S. Securities and Exchange Commission
Washington, D.C. 20549
Form 10-QSB/A
AMENDMENT NO. 1
TO
QUARTERLY REPORT UNDER TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended March 31, 1996
Commission file number: 0-15818
Global Telemedia International, Inc.
f/k/a Phoenix Advanced Technologies
(Name of small business issuer specified in its charter)
Florida 64-0708107
(State or other jurisdiction (I.R.S. Employer
of incorporation or orginazation) Identification No.)
1121 Alderman Drive, Suite 200, Alpharetta, Georgia 30202
(Address of principal executive offices, including zip code)
(770) 667-6088
(Issuer's telephone number, including area code)
Securities registered under Section 12(b) of the Exchange Act:
Name of each exchange
Title of each class on which registered
None None
Securities registered under Section 12(g) of the Exchange Act:
Common Stock, $0.004 par value per share
(Title of Class)
The undersigned registrant herby amends the following items, financial
statements, exhibits of other portions of the QUARTERLY REPORT ON FORM 10-QSB
THE QUARTERYL PERIOD ENDED MARCH 31, 1996, as set forth in the pages attached
hereto:
1. Exhibits - Exhibit 27 (Financial Data Schedule).
In accordance with the requirements of the Exchange Act, the registrant has
caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
GLOBAL TELEMEDIA INTERNATIONAL, INC.
f/k/a PHOENIX ADVANCED TECHNOLOGY, INC.
(Registrant)
/S/ Roderick A. McClain
- ------------------------------------
Roderick A. McClain, President & CEO
Date: October 10, 1996
In accordance with the Exchange Act, this report has been signed below by the
following persons on behalf of the registrant and in the capacities and on the
dates indicated.
/S/ Herbert S. Perman
- ------------------------------------------
Herbert S. Perman, Chief Financial Officer
Date: October 10, 1996
Exhibits - Exhibit 27 (Financial Data Schedule)
(27) Financial Data Schedule
Cash (8,045.00)
Securities 0.00
Receivables 79,902.00
Allowances (39,092.00)
Inventory 50,740.00
Prepaid Exp. & Deposits 25,402.00
Current Assets 109,907.00
PP&E 170,865.00
Depreciation (66,404.00)
Total Assets 214,368.00
Current Liabilities 1,190,378.00
Bonds 0.00
Common 42,988.00
Preferred Mandatory 0.00
Preferred 0.00
Other-SE (1,018,998.00)
Total Liability-and-Equity 214,368.00
Sales 5,123.00
Total Revenues 339,765.00
CGS 182,749.00
Total Costs 243,020.00
Other Expenses 0.00
Loss Provision 0.00
Interest Expense 6,837.00
Income-Pretax (672,100.00)
Income Tax 0.00
Income Continuing (672,100.00)
Discontinued 0.00
Extraordinary 0.00
Changes 0.00
Net Income (672,100.00)
EPS-Primary (0.07)
EPS-Diluted (0.07)