SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-QSB/A (Mark One) /X/ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 1999 OR / / TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 COMMISSION FILE NUMBER: 000-22845 _________ CREATIVE HOST SERVICES, INC. (Exact name of registrant as specified in its charter) CALIFORNIA 33-0169494 (State or other jurisdiction (I.R.S. Employer of organization) Identification No.) 6335 FERRIS STREET, SUITE G-H SAN DIEGO, CA 92126 (Address of principal executive offices) (619) 587-7300 (Issuer's telephone number, including area code) NOT APPLICABLE (Former name, address and fiscal year, if changed since last report) 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 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 the past 90 days. YES /X/ NO / / As of May 10, 1999, 3,211,033 shares of the registrant's common stock were outstanding. PART II - OTHER INFORMATION Item 3. Defaults Upon Senior Securities In December of 1998 the Company issued certain convertible promissory notes (the "Notes") in the aggregate principal amount of $3 million pursuant to a 12% Secured Convertible Notes Indenture (the "Indenture") dated as of December 21, 1998 between the Company and U.S. Bank National Association, as trustee. The holders of a majority of the aggregate amount of outstanding Notes have notified the Company that, during the first quarter of 1999, the Company failed to maintain certain financial and debt covenants provided for in the Indenture. The Company has acknowledged its failure to maintain these covenants and is currently negotiating with representatives of the holders of all of the Notes to amend the Indenture and bring the Company into compliance with the provisions of the Indenture. 2 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 thereunto duly authorized. CREATIVE HOST SERVICES, INC. Date: October 19, 1999 /s/ Sayed Ali ------------------------------------------------ Sayed Ali, President and Chief Financial Officer 3