UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 10-K/A
AMENDMENT NO. 1
|X| ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934
FOR THE FISCAL YEAR ENDED MARCH 31, 2004
|_| TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
FOR THE TRANSITION PERIOD FROM TO
COMMISSION FILE NUMBER 1-13725
ILINC COMMUNICATIONS, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 76-0545043
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
2999 NORTH 44TH STREET, SUITE 650
PHOENIX, ARIZONA 85018
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (602) 952-1200
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 |_|
Indicate by check mark whether the registrant is an accelerated file, (as
defined in Rule 12b-2 of the Act). Yes |_| No |X|
The number of shares outstanding of each of the registrant's classes of
Common Stock, as of June 29, 2004 was approximately 24,827,034, net of shares
held in treasury.
EXPLANATORY NOTE
Form 10-K/A (this "Amendment") amends the Annual Report on Form 10-K for
the fiscal year ended March 31, 2004, filed on June 29, 2004 (the "Original
Filing"). iLinc Communications, Inc. ("the Company" or "iLinc") has filed this
Amendment to revise Item 9A which revisions iLinc deems necessary to clarify
language used in Item 9A of the Original Filing. Pursuant to Rule 12b-15 under
the Securities Exchange Act of 1934, as amended, the complete text of Item 9A as
amended is set forth below. The remainder of the Original Filing is unchanged
and is not reproduced in this Amendment. This Amendment speaks as of the filing
date of the Original Filing and reflects only the changes discussed above. No
other information included in the Original Filing, including the Company's
financial statements and the footnotes thereto, has been modified or updated in
any way. This Amendment should be read together with other documents that iLinc
has filed with the Securities and Exchange Commission subsequent to the filing
of the Original Filing.
ITEM 9A CONTROLS AND PROCEDURES
We evaluated the design and operation of our disclosure controls and
procedures to determine whether they are effective in ensuring that we disclose
the required information in a timely manner and in accordance with the
Securities Exchange Act of 1934, as amended, or the Exchange Act, and the rules
and forms of the Securities and Exchange Commission. Management, including our
principal executive officer and principal financial officer, supervised and
participated in the evaluation. The principal executive officer and principal
financial officer concluded, based on their review, that our disclosure controls
and procedures, as defined by Exchange Act Rules 13a-14(c) and 15d-14(c), are
effective and ensure that (i) we disclose the required information in reports
that we file under the Exchange Act and that the filings are recorded,
processed, summarized and reported within the time periods specified in
Securities and Exchange Commission rules and forms and (ii) information required
to be disclosed in reports that we file under the Exchange Act is accumulated
and communicated to the Company's management, including our principal executive
officer and principal financial officer to allow timely decisions regarding
required disclosure. During the fourth quarter ended March 31, 2004, no changes
were made to our internal controls over financial reporting that materially
affected or were reasonably likely to materially affect these controls
subsequent to the date of their evaluation.
A control system, no matter how well conceived and operated, can provide
only reasonable, not absolute, assurance that the objectives of the control
system are met. Because of the inherent limitations in all control systems no
evaluation of controls can provide absolute assurance that all control issues if
any, within a company have been detected.
SIGNATURE
Pursuant to the requirements of Section 13 or 15(d) 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.
Date: May 12, 2005 iLINC COMMUNICATIONS, INC.
By: /s/ James M. Powers, Jr.
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James M. Powers, Jr., Chairman of the Board of
Directors, Chief Executive Officer and President
By: /s/ David J. Iannini
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David J. Iannini, Senior Vice President and
Chief Financial Officer