UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q/A
AMENDMENT NO. 1
QUARTERLY REPORT UNDER SECTION 13 OR 15 (d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended September 30, 1998
Commission File Number 1-13234
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Ionic Fuel Technology, Inc.
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(Exact name of registrant as specified in its charter)
DELAWARE 06-1333140
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(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
300 Delaware Avenue, Suite 1704
Wilmington, Delaware 19801-1622
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(Address of principal executive office) (Zip Code)
(302) 427-5957
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(Registrant's telephone number, including area code)
This 10Q Amendment is filed to amend the items of Part I, Item 2.
IONIC FUEL TECHNOLOGY, INC.
ITEM 2. Management's Discussion and Analysis of Financial Condition and
Results of Operations
YEAR 2000 READINESS
The Corporation has taken action to understand the nature and extent of
the work required to make its computer-based systems that interface with
vendors, customers and others ready for the Year 2000. The Corporation has begun
to update hardware and software utilizing internal resources. Much of the
Corporation's software currently in use is Year 2000 compliant, and accordingly,
Year 2000 issues are not expected to have a material impact on the Corporation's
future financial condition. As of September 30, 1998, the Corporation has
incurred no expenses or costs associated with Year 2000 issues; the Corporation
expects to incur additional expenses of approximately $24,000 in the last
quarter of 1998 and in 1999.
SIGNATURES
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.
Ionic Fuel Technology, Inc.
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(Registrant)
Date: April 5, 1999 /s/ Douglas F. Johnston
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Chairman and Chief Financial Officer
Date: April 5, 1999 /s/ Anthony J.S. Garner
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President, Chief Executive Officer and
Director
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