UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q/A-1 Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended April 30, 1997 Commission File Number 1-13424 Data Systems Network Corporation Michigan 38-2649874 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 34705 W. 12 Mile Rd., Suite 300 48331 Farmington Hills, Michigan (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (248) 489-8700 Indicate by check mark whether the registrant(1) has filed all reports required to be filed by Section 13 or 15(2) 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 [ ] Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Section 12,13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. YES [X] NO [ ] Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practical date: Common Stock, $.01 Par Value - 4,596,206 shares as of April 30, 1997. Item 2. Changes in Securities (c) On January 31, 1997, NBD Bank, N.A. exercised warrants to purchase 85,000 shares of the Company's Common Stock for cash consideration totalling 510. Such warrants were issued pursuant to the Company's Third Amended Plan of Reorganization in June 1992. The sale of the shares pursuant to the exercise of such warrants was exempt pursuant to 11 U.S.C. 1145. SIGNATURES Pursuant to the drequirement 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. Data Systems Network Corporation August 18, 1997 Philip M. Goy Date Philip M. Goy Vice President and Chief Financial Officer (principal financial officer) August 18,1997 Michael W. Grieves Date Michael W. Grieves President and Chief Executive Officer (duly authorized officer)