================================================================================
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K/A-2
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended June 30, 1995
COMMISSION FILE NUMBER: 0-18192
MEGAMATION INC.
(Exact name of registrant as specified in its charter)
Delaware 13-3372947
(State of incorporation or organization) (IRS Employer Identification No.)
51 Everett Drive, Building B#4 Lawrenceville, NJ 08648
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, Including Area Code: 609-799-7711
Securities registered pursuant to Section 12(b) of the Act: None
Securities registered pursuant to Section 12(g) of the Act:
Common Stock, $.01 Par Value per Share
(Title of Class)
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 and (2) has been subject to such filing
requirements for the past 90 days: [X] Yes [ ] No
The aggregate market value of the voting stock held by non-affiliates of the
registrant, based upon the average of the Bid and Asked price of the common
Stock on July 31, 1995, as reported by the Over-the-Counter Bulletin Board, was
approximately $1,471,800, (assuming, but not admitting for any purpose, that all
directors and executive officers of the registrant are affiliates).
The number of shares of Common Stock, $0.01 par value, issued and
outstanding as of July 31, 1995 was: 14,358,666.
Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K is not contained herein, and will not be contained, to the
best of registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K. [X]
Page 1 of 3
There are no Exhibits
================================================================================
PART II
ITEM 5. MARKET FOR REGISTRANT'S COMMON STOCK AND RELATED
STOCKHOLDER MATTERS.
(a) Market Information
The Company's Common Stock is traded over the counter under the symbol
MEGI, with market-makers submitting quotations in the so-called "pink sheets,"
and through National Association of Securities Dealers' automated Over-the-
Counter Bulletin Board. The prices represent quotations in the Over-the-Counter
market as compiled by the National Quotation Bureau, Inc. with respect to the
first three quarters of fiscal 1994, and the OTC Bulletin Board with respect to
the remainder of the information presented below. The quotations reflect inter-
dealer prices without retail markup, markdown, or commission and may not
necessarily represent actual transactions.
The following table shows the reported high and low bid prices of the
Company's Common Stock for each quarter of the prior two fiscal years beginning
on July 1 and ending on June 30:
Bid
============
High Low
===== =====
Fiscal 1994
- -----------
First Quarter... $.344 $.063
Second Quarter.. $.260 $.063
Third Quarter... $.270 $.010
Fourth Quarter.. $.130 $.065
Fiscal 1995
- -----------
First Quarter... $.240 $.130
Second Quarter.. $.220 $.125
Third Quarter... $.190 $.100
Fourth Quarter.. $.375 $.100
(b) Holders
At June 30, 1995, the number of shares of Common Stock of the Company
issued and outstanding was 14,358,666, held by 421 record holders thereof.
(c) Dividends
No cash dividends or distribution on the Company's Common Stock has
been paid and it is not anticipated that any will be paid in the foreseeable
future. The Company is prohibited under the terms of its bank line of credit
and other credit instruments from the payment of cash dividends or from
purchasing or retiring any of its capital stock.
Page 2 of 3
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has caused this Amendment to Report on Form 10-K to be
signed on its behalf by the undersigned, thereunto duly authorized.
MEGAMATION INC.
Dated: May 10, 1996 By: /s/ Edward F. Borkowski
---------------------------------
Edward F. Borkowski, President
Page 3 of 3