<PAGE>
                    U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington. D.C. 20549

                                  Form 10-QSB

               QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934

                  For the quarterly period ended May 31, 1997

                         Commission File Number 0-25758

                      MULTI-MEDIA TUTORIAL SERVICES, INC.
                      (Exact name of small business issuer
                          as specified in its charter)

DELAWARE                                                             73-1293914
(State or other jurisdiction                                  (I.R.S.  Employer
or incorporation)                                           Identification No.)

                               205 Kings Highway
                               Brooklyn, NY 11223
                    (Address of principal executive offices)

                                 (718) 234-0404
                          (Issuer's telephone number)

Check whether the issuer (1) filed all reports required to be filed by section
13 or 15(d) of the Exchange Act during the past 12 months (or 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 [ ]

State the number of shares outstanding of each of the issuer's common equity,
as of the latest practicable date: As of July 11, 1997 there were 6,213,279
shares of common stock outstanding.

<PAGE>

                      Multi-Media Tutorial Services, Inc.

                   INDEX TO CONSOLIDATED FINANCIAL STATEMENTS

                                                                     PAGE NO.

PART I.

ITEM 1.   Financial information

     Consolidated balance sheet as of May 31, 1997                       3

     Consolidated statements of operations for the
        three months ended May 31, 1997 and 1996                         4

     Consolidated statements of cash flows for the
         nine months ended May 31, 1997 and 1996                         5

     Notes to consolidated financial statements                         6-7

ITEM 2.   Management's discussion and analysis of the
          financial condition and results of operations                 7-10


PART II.

     Other information                                                   11

     Signature                                                           12


<PAGE>


PART I - FINANCIAL INFORMATION
Item 1. Financial Statements

               MULTI-MEDIA TUTORIAL SERVICES, INC. AND SUBSIDIARY
                     CONSOLIDATED BALANCE SHEET - UNAUDITED
                                  MAY 31, 1997



<TABLE>
<S>                                                                        <C>        
                                     ASSETS

CURRENT ASSETS:
    Cash and cash equivalents                                              $     9,051
    Restricted short-term investments                                          247,833
    Accounts receivable, net of allowance of $1,166,321                      1,354,825
    Note receivable                                                             26,250
    Inventories                                                                211,231
    Deferred advertising expense                                               259,050
    Prepaid expenses and other current assets                                  373,144
                                                                           -----------
                                                                             2,481,384

PROPERTY AND EQUIPMENT, NET                                                    623,651
INTANGIBLE ASSETS, NET                                                         429,062
NOTE RECEIVABLE                                                                180,000
OTHER ASSETS                                                                    21,420
                                                                           -----------
                                                                           $ 3,735,517
                                                                           ===========

                     LIABILITIES AND STOCKHOLDERS' DEFICIT

CURRENT LIABILITIES
    Accounts payable and accrued expenses                                  $ 1,708,067
    Accrued product returns                                                     60,000
    Capital lease obligations                                                  146,862
    Notes payable (Note 2 and 4)                                             1,625,000
                                                                           -----------
                                                                             3,539,929
                                                                           -----------

LONG-TERM DEBT                                                                 200,000

STOCKHOLDERS' DEFICIT (Notes 2 and 3)
    Common stock $.01 par value, 20,000,000 shares authorized;
      6,213,297 issued and outstanding                                          62,133
    Preferred stock, $.01 par value, 1,000,000 shares authorized;
      13 issued and outstanding                                                      1
    Additional paid-in capital                                               9,399,060

    Deficit                                                                 (9,465,606)
                                                                           -----------
                                                                                (4,412)
                                                                           -----------
                                                                           $ 3,735,517
                                                                           ===========
</TABLE>

                See notes to consolidated financial statements.

                                       3

<PAGE>

               MULTI-MEDIA TUTORIAL SERVICES, INC. AND SUBSIDIARY
               CONSOLIDATED STATEMENTS OF OPERATIONS - UNAUDITED

<TABLE>
<CAPTION>
                                                                      THREE MONTHS ENDED MAY 31,
                                                                       1997                 1996
                                                                   -----------           -----------
<S>                                                                <C>                   <C>        
NET SALES                                                          $ 1,004,117           $ 2,595,988

COST OF GOODS SOLD                                                     220,288               241,033
                                                                   -----------           -----------

GROSS PROFIT                                                           783,829             2,354,955
                                                                   -----------           -----------

COSTS AND EXPENSES
    Selling and marketing                                            1,476,194             2,044,088
    General and administrative                                         420,441               281,088
    Interest expense                                                    43,469                18,491
    Other (income) expense, net                                              0               (17,096)
                                                                   -----------           -----------

TOTAL COSTS AND EXPENSES                                             1,940,104             2,326,571
                                                                   -----------           -----------

NET (LOSS)/INCOME                                                  $(1,156,275)          $    28,354
                                                                   ===========           ===========

(LOSS)/INCOME PER SHARE: (Note 5)

    Net (loss)/income                                              $      (.20)          $       .01
                                                                   ===========           ===========

    Weighted average number of  common shares outstanding            5,758,752             5,319,661
                                                                   ===========           ===========
</TABLE>

                See notes to consolidated financial statements.

                                       4

<PAGE>

               MULTI-MEDIA TUTORIAL SERVICES, INC. AND SUBSIDIARY
               CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED
                           THREE MONTHS ENDED MAY 31,


<TABLE>
<CAPTION>
                                                                           1997              1996
                                                                       -----------        -----------
<S>                                                                    <C>                <C>        
CASH FLOW FROM OPERATING ACTIVITIES:
  Net (loss)/income                                                    $(1,156,275)       $    28,384
                                                                       -----------        -----------
  Adjustments to reconcile net (loss)/income from continuing operations
      to cash used in operating activities:
     Depreciation and amortization                                          80,164             67,767
     Non-cash compensation and services                                     26,331              3,206
     Loss on debt conversion                                                                    6,435
     Changes in operating assets and liabilities:
        (Increase) decrease in assets:
           Restricted cash                                                  11,188
           Accounts receivable                                             316,039           (599,890)
           Inventories                                                      77,014            (28,687)
           Deferred advertising                                            102,681            188,491
           Prepaid expenses and other current assets                        17,006            (61,408)
           Other Assets                                                          0             (3,115)
         (Decrease) in liabilities:
           Accounts payable and accrued expenses                          (105,433)           (30,324)
                                                                       -----------        -----------
     Total adjustments                                                     524,990           (457,525)
                                                                       -----------        -----------
     Net cash used in operating activities                                (631,285)          (429,141)
                                                                       -----------        -----------
CASH FLOWS FROM INVESTING ACTIVITIES:
  Capital expenditures                                                          --            (17,023)
  Increase in intangibles                                                   (5,736)           (17,435)
                                                                       -----------        -----------
     Net cash used in investing activities                                  (5,736)           (34,458)
                                                                       -----------        -----------
CASH FLOW FROM FINANCING ACTIVITIES:
  Net proceeds from debt                                                   575,000            440,000
  Proceeds from collection of note receivable                                                   5,833
  Repayment of capital lease obligations                                    (5,000)
  Other                                                                                        (9,000)
  Repayment of Notes Payable                                              (200,000)           (14,500)
                                                                       -----------        -----------
     Net cash provided by financing activities                             370,000            422,333
                                                                       -----------        -----------

Net decrease in cash and cash equivalents                                 (267,021)           (41,266)
Cash and cash equivalents at beginning of period                           276,072             99,055
                                                                       -----------        -----------

Cash and cash equivalents at end of period                             $     9,051        $    57,789
                                                                       ===========        ===========
SUPPLEMENTAL DISCLOSURE FOR CASH FLOW INFORMATION:
  Interest paid                                                        $     7,745        $    60,906
                                                                       ===========        ===========
  Income taxes paid                                                    $         0        $       300
                                                                       ===========        ===========
</TABLE>

                See notes to consolidated financial statements.

                                       5

<PAGE>

                      MULTI-MEDIA TUTORIAL SERVICES, INC.
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
          FOR THE THREE MONTHS ENDED MAY 31, 1997 AND 1996 (UNAUDITED)

1.   Summary of significant accounting policies:

     Basis of quarterly presentation: The accompanying quarterly financial
     statements of Multi-Media Tutorial Services, Inc. and subsidiary (the
     "Company") have been prepared in conformity with generally accepted
     accounting principles and pursuant to the rules and regulations of the
     Securities and Exchange Commission ("SEC") and, in the opinion of
     management, reflect all adjustments, which are necessary to present fairly
     the results of operations for the period ended May 31, 1997.

     Certain information and footnote disclosures normally included in
     financial statements prepared in accordance with generally accepted
     accounting principles have been condensed or omitted pursuant to such
     rules and regulations; however, management believes that the disclosures
     are adequate to make the information presented not misleading. This report
     should be read in conjunction with financial statements and footnotes
     therein included in the audited annual report on Form 10-KSB as of
     February 29, 1997.

     Principles of consolidation: The Company's consolidated financial
     statements include the accounts of the Multi-Media Tutorial Services, Inc.
     ("MMTS") and its wholly-owned subsidiary, Video Tutorial Service, Inc.
     ("VTS"). All intercompany balances and transactions have been eliminated.

     Reclassifications: Certain reclassifications have been made to the prior
     year financial statements to conform with the classification used in 1997.

2.   Convertible debt financing:

     In April 1996, the Company received gross proceeds of $500,000 from the
     issuance of convertible notes. The notes bear interest at 10% per annum
     and are due on December 31, 1997. The noteholders have the right to
     convert the principal and accrued interest into common shares of the
     Company at a price of (i) $1.2656 per share or (ii) 75% of the closing bid
     for the five trading days immediately preceding the conversion. If the
     noteholders have not converted at December 31, 1997, the Company has the
     right to compel conversion at $1.2656 per share. However, in the event of
     default, as defined, the Company will not have the right to compel
     conversion. The Company placed 909,090 shares of common stock into escrow
     for the benefit of the noteholders. During the nine months ended November
     30, 1996, $250,000 were converted into 341,897 shares. As a result of the
     conversion, 454,545 shares remained in escrow.

3.   Preferred Stock:

     During the quarter ended November 30, 1996, the Company issued $750,000 of
     convertible preferred stock. The preferred is convertible into common
     stock at a price equal to the lesser of $1 per share or 70% of the market

     value of the common stock at the time of conversion, but in no event less
     than $.50 per share. In addition, if the holders of the preferred stock do
     not convert to common stock within the first six months of purchase, the
     holder receives a warrant to purchase one share of common stock for each
     dollar invested in the preferred and held for six months. The Company has
     reached an agreement to convert the warrants into 371,875 shares of
     common stock.

                                       6

<PAGE>

4.   Notes Payable:

     The Company arranged a six month short term loan that yielded the Company
     in the months of September 1996 and October 1996 approximately $1,000,000
     which was used to retire existing debt and fund working capital. In
     connection with this funding, the lenders were granted 2.2 million
     warrants exercisable at $1.50. Interest accrues at a rate of 8.0%.
     Warrants to acquire an additional 1,100,000 shares at $1.50 per share were
     issuable on the 180th day of the loan. Since the Company's shares are no
     longer listed on the NASDAQ Small Cap Market, the exercise price is 75% of
     the market price. Certain lenders in this short term loan have agreed to
     extend the maturity date for 6 months or until the next significant equity
     offering. Several lenders were not prepared to extend and were therefore
     repaid. As of the date hereof a total of $200,000 has been repaid. The
     Company has reached an agreement to convert the warrants into 2,475,000
     shares of common stock.

     In May and June 1997, the Company secured certain loans ("1997 Loans")
     which will be used for working capital and for debt repayment. Lenders in
     these six-month loans receive a promissory note bearing interest at 10%
     and shares of the Company's common stock. These loans are to be repaid
     from the Company's next major equity financing. Upon an event of default
     in the repayment of the loans, the Company is obligated to issue shares of
     stock at a price of $.125 per share in an amount equal to the unpaid loan.
     As of the date hereof, the Company has received $425,000 towards the
     funding of these loans and is seeking further loans on these terms. In
     addition, the Company has received advances aggregating $450,000, of which
     $200,000 was received prior to February 28, 1997. The Company has reached
     an agreement to convert $250,000 of advances into 4,000,000 shares of
     common stock and to convert the remaining $200,000 to the same terms as
     the 1997 Loans.

5.   Income or Loss per share:

     Income or Loss per share amounts for the 1997 and 1996 periods were
     computed by dividing net income/(loss) by the weighted average number of
     shares outstanding. Common stock equivalents have been excluded as their
     effect would be anti-dilutive.

     As noted in Note 2, the Company has placed 454,545 shares of its Common
     Stock into an escrow account for the benefit of the noteholders. Since the
     noteholders do not have any rights or benefits accorded to a shareholder,

     these shares are being considered as treasury stock, and are not included
     in the weighted average number of shares calculation for the current
     period.

Item 2. Management's Discussion and Analysis of the Financial Condition and 
        Results of Operations:

     Results of Operations: Three months ended May 31, 1997 and 1996

     Net sales for the three months ended May 31, 1997 (the "1997 Period") were
     $1,004,117 compared to $2,595,988 in the three months ended May 31, 1996
     (the "1996 Period"). The decrease of $1,591,871 or 61.3% is attributable
     to the lack of capital to purchase direct response media time on a
     consistent basis. The decrease in sales is also partially the result of
     the curtailment of sales to customers on unsecured credit which
     represented approximately $450,000 in the 1996 Period.

     Gross profit was $783,829 (78.1% of net sales) in the 1997 Period compared
     to $2,354,955 (90.7% of net sales) in the 1996 Period. The lower gross
     margin was the result of reduced sales prices.

     Selling and marketing expenses were $1,476,184 or 147.0% of net sales for
     the 1997 Period compared to $2,044,088 or 78.7% of net sales for the 1996
     Period. Advertising was less effective in

                                       7

<PAGE>

     the 1997 Period as a result of insufficient capital to purchase media on a
     consistent and cost effective basis, as well as, a reduction in
     availability of such media. The resulting reduced volume resulted in
     higher selling and marketing costs as a percentage of net sales.

     General and administrative expenses were $420,441 or 41.9% of net sales in
     the 1997 Period compared to $281,088 or 10.8% of net sales in the 1996
     Period. However, during the 1996 Period, the Company benefited from the
     settlement with creditors of various general & administrative expenses.

     Interest expense increased to $43,469 in the 1997 Period compared to
     $18,491 in the 1996 Period as a result of increased debt balance in the
     current period.

     Loss from Operations was $1,156,275 in the 1997 Period compared to income
     from operations of $28,384 in the 1996 Period. Net loss per share was
     $0.20 in the 1997 Period as compared to a net income of $0.01 for the 1996
     Period, after effecting a 8% increase in the weighted average number of
     common shares outstanding. The loss, compared to the prior year, was due
     to the reduced volume and margins, as discussed above.

     Liquidity and Capital Resources

     Working capital deficit at May 31, 1997 was $1,058,545 compared to working
     capital of $1,303 at February 28, 1997. The decrease in working capital

     was principally attributable to the decrease in net accounts receivable
     resulting from the curtailment of credit sales and increase in borrowings
     due to the losses generated in the quarter. The Company's cash and
     restricted cash decreased to $256,884 at May 31, 1997 from $535,093 at
     February 28, 1997. Those amounts include $247,833 and $259,021 in
     restricted cash for the May 1997 and February 1997 dates, respectively.

     Net cash used in operations from continuing operations in the 1997 Period
     was $631,285 compared to $429,141 in the 1996 Period, due to a lower
     volume, losses, a decrease in accounts receivable. inventories and prepaid
     costs and a decrease in accounts payable and accrued expenses.

     Net cash used in investing activities in the 1997 Period was $5,736
     compared to $34,458 in the 1996 Period.

     Net cash provided by financing activities in the 1997 Period was $370,000
     which was primarily due to the net proceeds from the issuance of short
     term loans, compared to $422,333 in the 1996 Period, which included the
     net proceeds from the issuance of debt.

     In April 1996, the Company and several investors entered into a private
     placement of $500,000 of Convertible 10% Notes due December 31, 1997.
     Under terms of the notes, the noteholders have the right to convert the
     principal and accrued interest into shares of the Company's Common Stock a
     price of either (i) $1.2656 per share or (ii) 75% of the closing bid for
     the five trading days immediately preceding the conversion. If the
     noteholders have not converted at December 31, 1997, the Company has the
     right to compel conversion at $1.2656 per share. However, in the event of
     default, as defined, the Company will not have the right to compel
     conversion. The Company has placed 909,090 shares of common stock into
     escrow for the noteholders. During the fiscal 1997 $250,000 were converted
     into 341,897 shares and 112,648 shares were canceled leaving 454,545
     shares in escrow.


                                       8

<PAGE>

     The Company arranged a six month short term loan that yielded the Company
     in the months of September 1996 and October 1996 approximately $1,000,000
     which was used to retire existing debt and fund working capital. In
     connection with this funding, the lenders were granted 2.2 million
     warrants exercisable at $1.50. Interest accrues at a rate of 8.0%.
     Warrants to acquire an additional 1,100,000 shares at $1.50 per share were
     issuable on the 180th day of the loan. Since the Company's shares are no
     longer listed on the NASDAQ Small Cap Market, the exercise price is 75% of
     the market price. Certain lenders in this short term loan have agreed to
     extend the maturity date for 6 months or until the next significant equity
     offering. Several lenders were not prepared to extend and were therefore
     repaid. As of the date hereof a total of $200,000 has been repaid. The
     Company has reached an agreement to convert the warrants into 2,475,000
     shares of common stock.


     During the quarter ended November 30, 1996, the Company issued $750,000 of
     convertible preferred stock. The preferred is convertible into common
     stock at a price equal to the lesser of $1 per share or 70% of the market
     value of the common stock at the time of conversion, but in no event less
     than $.50 per share. In addition, if the holders of the preferred stock do
     not convert to common stock within the first six months of purchase, the
     holder receives a warrant to purchase one share of common stock for each
     dollar invested in the preferred and held for six months. The Company has
     reached an agreement to convert the warrants into 371,875 shares of common
     stock.

     The Company's educational telemarketing business is highly seasonal.
     Demand for its products tends to peak during the first and fourth fiscal
     quarters when school is in session. Demand is especially slow during the
     school vacation periods. This seasonality greatly affects the Company's
     advertising campaigns which must be timed to coincide with the annual
     periods when demand is traditionally high. The Company does not reserve
     advertising time in advance and purchases air time at the lowest possible
     rates. Consequently, its reservations are subject to last minute
     cancellation by the radio and television stations. In addition, as a
     result of the Company's dependence on the availability of media time,
     operating results can be negatively impacted by difficulty in purchasing
     media time. Although the Company has entered into certain ventures which
     may reduce the impact of seasonality on the Company's business, it will in
     all likelihood continue to experience a certain amount of seasonality in
     its operations. The Company has instituted new policies and procedures for
     its installment sales program. As a result of this new initiative, the
     Company has experienced an improvement in its cash collections. There can
     be no assurance that this improvement will continue in the future.

     The Company continues to meet its working capital requirements through
     internally generated funds and debt and equity funding from outside
     sources. In addition, the Company may have increased capital requirements
     as it seeks to expand its product lines and customized telemarketing
     services. The Company also has investor loans and advances aggregating
     $1.825 million payable within the next twelve months. In order to meet its
     current and future cash requirements, the Company is in discussions to
     negotiate additional financing. There can be no assurance that any
     financing will be successful nor that the Company will be able to fund
     internally its working capital requirements or meet its debt repayment
     obligations. In the event that the Company is unable to secure additional
     financing, it may be obligated to significantly reduce its operations and
     seek to sell assets, which would have a material adverse affect on the
     Company's prospects and financial results. The Company has received a
     report from its independent public accountants, Holtz Rubenstein & Co.,
     LLP, that includes an explanatory paragraph describing the uncertainty as
     to the ability of the Company's operations to continue as a going concern.
     In May and June 1997, the Company secured certain loans ("1997 Loans")
     which will be used for working capital and for debt repayment. Lenders in
     these six-month loans receive a promissory note bearing interest at 10%
     and shares of the Company's common stock. These loans are to be repaid
     from the Company's next major equity

                                       9


<PAGE>

     financing. Upon an event of default in the repayment of the loans, the
     Company is obligated to issue shares of stock at a price of $.125 per
     share in an amount equal to the unpaid loan. As of the date hereof, the
     Company has received $425,000 towards the funding of these loans and is
     seeking further loans on these terms. In addition, the Company has
     received advances aggregating $450,000, of which $200,000 was received
     prior to February 28, 1997. The Company has reached an agreement to
     convert $250,000 of advances into 4,000,000 shares of common stock and to
     convert the remaining $200,000 to the same terms as the 1997 Loans.

     The Company's operations have not been materially affected by the impact
     of inflation.


                                      10


<PAGE>


PART II. OTHER INFORMATION

Item 1.  Legal Proceedings

     On July 10, 1995 the Company commenced an action in the District Court for
     the Eastern District of New York for recovery of compensatory damages in
     the amount of $1,200,000 and punitive damages in the amount of $25,000,000
     from MCI, the Company's then long distance carrier. The Company's suit was
     based upon damages resulting from MCI's failure to provide agreed upon
     services and fraud.

     On or about August 17, 1995 MCI commenced an arbitration proceeding
     against the Company to recover an alleged $70,000 for unpaid telephone
     usage charges. On or about September 11, 1995, MCI commenced additional
     arbitration proceedings to recover an alleged $350,000 for the Company's
     early termination of the agreement between the Company and MCI. The two
     arbitration proceedings were subsequently consolidated.

     The Company has moved to stay the arbitration commenced by MCI pending
     completion of the court proceedings. MCI has moved to dismiss the
     Company's complaint. Both motions are presently awaiting the decision of
     the District Court.

Item 2.       Changes in Securities

              None

Item 3.       Defaults on Senior Securities

              None


Item 4.       Submission to a Vote of Security Holders

              The Company held a Special Meeting of Shareholders on June 13,
              1997 at which time the shareholders voted to:

                  1) effect a one-for-ten reverse stock split (3,581,022 votes
                  for, 94,400 votes against),

                  2) increase the amount of authorized common shares, on a post
                  split basis, to 20,000,000 shares with a par value of $.01
                  per share (3,554,922 votes for, 110,500 votes against),

                  3) change the Company's name to United Telemarketing
                  Services, Inc. (3,668,822 votes for, 6,600 votes against.)

Item 5.       Other Information

              None

Item 6.       Exhibits and Reports on Form 8-K

              (a) None
              (b) None

                                      11

<PAGE>


     SIGNATURE

     In accordance with the requirements of Exchange Act, the registrant caused
     this report to be signed on its behalf by the undersigned, thereunto duly
     authorized.

         Multi-Media Tutorial Services, Inc.
         -----------------------------------
         (Registrant)

Date: July 18, 1997
                                                   BY: 
                                                       -----------------------
                                                       Morris Berger
                                                       Chief Executive Officer