SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                 FORM 10-KSB/A-1
                                   (Mark One)
            [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                    For the fiscal year ended March 31, 1996

                                       OR

          [ ] 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 O-26676

                     MULTIMEDIA CONCEPTS INTERNATIONAL, INC.
             (Exact Name of Registrant as Specified in its Charter)

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 Delaware                                                      13-3835325                         
(State or Other Jurisdiction 
of Incorporation or Organization)                              (I.R.S. Employer Identification No.)
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               1410 Broadway, Suite 1602, New York, New York 10018
                    (Address of Principal Executive Offices)

                                 (212) 391-1111
              (Registrant's Telephone Number, Including Area Code)

               Securities registered pursuant to Section 12(b) of
                                    the Act:

         Title of each class Name of each exchange on which registered
                                      NONE

               Securities registered pursuant to Section 12(g) of
                                    the Act:

                          Common Stock, $.001 par value
                         Common Stock Purchase Warrants
                                (Title of Class)

     Check whether the Issuer (1) has filed all reports  required to be filed by
Section 13 or 15(d) of the  Securities  Exchange  Act of 1934 during the past 12
months (or for such  shorter  period that  registrant  was required to file such
reports),  and (2) has been subject to such filing  requirements for the past 90
days. Yes [X] No [ ]

     Check  if no  disclosure  of  delinquent  filers  in  response  Item 405 of
Regulation  S-B is not  contained  in  this  form,  and no  disclosure  will  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-KSB
or any amendment to this Form 10-KSB [ ].

         The Registrant's  revenues for its fiscal year ended September 30, 1996
were $5,727,320.

     The  aggregate  market  value of the  voting  stock  on  February  5,  1997
(consisting  of Common Stock,  par value $.01 per share) held by  non-affiliates
was  approximately  $3,572,400,  based upon the average bid and asked prices for
such Common Stock on said date ($2.29),  as reported by a market maker.  On such
date, there were 3,005,000 shares of Registrant's Common Stock outstanding. 

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ITEM 13. EXHIBITS AND REPORTS ON FORM 8-K

     (c) All  exhibits,  except  those  designated  by an asterisk (*) which are
filed  herewith,  have  previously  been filed with the Commission in connection
with the Company's Registration Statement on Form SB-2 and pursuant to 17 C.F.R.
?230.411, are incorporated by reference herein.
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<S>                                 <C>
  1.1                      -        Form of Underwriting Agreement.
  1.2                      -        Form of Selected Dealers Agreement.
  3.1                      -        Certificate of Incorporation of the Company.
  3.2                      -        Amendment to Certificate of Incorporation of the Company, filed in May 1995.
  3.3                      -        Second Amendment to Certificate of Incorporation of the Company, filed in June 1995.
  3.4                      -        Certificate of Incorporation of Match II, Inc.
  3.5                      -        By-Laws of the Company.
  3.6                      -        By-Laws of Match II, Inc.
  3.7                      -        Certificate of Incorporation of American Eagle Industries Corp.
  3.8                      -        By-Laws of American Eagle Industries Corp.
  3.8(a)*                  -        Third Amendment to Certificate of Incorporation of the Company, filed in May 1996.
  4.1                      -        Specimen Common Stock Certificate.
  4.2                      -        Specimen Warrant Certificate.
  4.3                      -        Form of Warrant Agreement between the Company and EuroAtlantic Securities, Inc. 
                                    (the "Underwriter").
  4.4                      -        Form of Warrant Agreement between the Company, the Underwriter and Continental Stock Transfer & 
                                    Trust Company.
  4.5                      -        Form of Bridge Loan Warrant.
  4.6                      -        MMP Shareholders Agreement.
  4.7                      -        Form of Lock-up Agreement.
  5.0                      -        Opinion of Lampert & Lampert.
 10.1                      -        The Company Senior Management Incentive Plan.
 10.2                      -        Sublease at 448 West 16th Street, New York, New York.
 10.3                      -        Lease for 1407 Broadway, New York, New York.
 10.4                      -        Dytex Agreement.
 10.5                      -        Consulting and Mergers and Acquisitions Agreement.
 10.6                      -        Florida warehouse lease.
 10.7                      -        Promissory Note Payable to Europe American Capital Corp.
 10.8                      -        MMP Letter of Intent to Acquire Films.
 10.9                      -        MMP Agreement with Cinerom.
 10.10                     -        Raven Press Agreement.
 10.11                     -        Form of Demand Note from MMP to Company.
 10.12                     -        Amended Note payable to Europe American Capital Corp.
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                                   SIGNATURES

     In  accordance  with Section 13 or 15(d) of the  Exchange  Act of 1934,  as
amended  the  Registrant  has  caused  this  report to be signed on its  behalf,
thereunto duly authorized as of the 9th day of March, 1999.


MULTIMEDIA CONCEPTS INTERNATIONAL, INC.


By: /s/ Ilan Arbel
Ilan Arbel, President

     In  accordance  with the Exchange Act, this report has been signed below by
the following  persons on behalf of the  Registrant and in the capacities and on
the dates indicated.

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<S>                                                           <C>                                         <C>
/s/ Ilan Arbel                                                President and Director                      3/9/99
Ilan Arbel                                                                                                Date

/s/ Rivka Arbel                                               Director                                    3/9/99
Rivka Arbel                                                                                               Date

/s/ Yair Arbel                                                Director                                    3/9/99
Yair Arbel                                                                                                Date

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