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WINNERS ALL INTERNATIONAL, INC.
INDEX TO FORM 10-QSB
OCTOBER 31, 1996
PART I - FINANCIAL INFORMATION
PAGE #
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Item 1. Financial Statements
Condensed Consolidated Balance Sheets-
October 31, 1996 and July 31, 1996 1
Condensed Consolidated Statements of Operations-
Three Months Ended October 31, 1996 and 1995 2
Condensed Consolidated Statements of Cash Flows-
Three Months Ended October 31, 1996 and 1995 3
Notes to Condensed Consolidated Financial Statements 4-7
Item 2. Management's Discussion and Analysis of Results of
Operations and Financial Condition 8
PART II - OTHER INFORMATION
Item 1. Legal Proceedings 9-10
Item 2. Changes in Securities 10
Item 3 Defaults Upon Senior Securities 10
Item 4. Submission of Matters to a Vote of Security Holders 10
Item 5. Other Information 11-12
Item 6. Exhibits and Reports on Form 8-K 12
Signatures 13