SECURITIES AND EXCHANGE COMMISSION
                         WASHINGTON, D.C.  20459

                FORM 10-KSB/A-1  Annual or Transitional Report

  (Mark One)

[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
    OF 1934 [FEE REQUIRED]

                  For the fiscal year ended September 30, 1998

                                       OR

[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
    ACT OF 1934 (NO FEE REQUIRED)

                         Commission File Number 0-17580

                                 FIRETECTOR INC.
              (Exact name of Small Business Issuer in its charter)

           Delaware                                             11-2941299
(State or other jurisdiction of                              (I.R.S. Employer
 incorporation or organization)                              Identification No.)

                  262 Duffy  Avenue,  Hicksville,  New York  11801  (Address  of
               principal executive offices) (zip code)

Issuer's telephone number, including area code:  (516) 433-4700

Securities  registered  pursuant to Section  12(b) of the Act:  None  Securities
registered pursuant to Section 12(g) of the Act:

                     Common Stock, $.001 par value per share
                                (Title of Class)

     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 and (2) has been subject to such filing
requirements for the past 90 days. YES X     NO

     Indicate by check mark if disclosure of delinquent  filers pursuant to Item
405 of Regulation S-K is not contained herein, and will not be contained, to the
best  of  the  Registrant's   knowledge,  in  definitive  proxy  or  information
statements be reference in Part III of this Form 10-KSB ( )

     State issuer's revenues for its most recent fiscal year: $14,299,000

     The aggregate  market value of the voting stock held by  non-affiliates  of
the Registrant,  based upon the average bid and ask prices for the  Registrant's
Common Stock, $.001 par value per share, as of December 18, 1998 was $712,383.

     As of January 15, 1998, the Registrant had 1,571,000 shares of Common Stock
outstanding.

     Documents Incorporated by Reference: None




<PAGE>




ITEM 9. DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL
PERSONS; COMPLIANCE WITH SECTION 16(a) OF THE EXCHANGE ACT.

     The Directors and Executive Officers of the Company are as follows:

                                                           DATE SERVICE
    NAME            AGE             OFFICE                 COMMENCED

Daniel S. Tamkin     39             Chairman, Chief        October 1990
                                    Executive Officer,
                                    General Counsel,
                                    Director, and
                                    Audit Committee

Joseph Vitale        52             President, Chief       May 1994
                                    Operating Officer
                                    and Director

John A. Poserina     58             Treasurer, Vice        January 1997
                                    President, Chief
                                    Financial Officer,
                                    Secretary and
                                    Director

Dennis P. McConnell  45             Director and           January 1997
                                    Audit Committee

Henry Schnurbach     45             Director and           October 1988
                                    Audit Committee


     Mr. Tamkin has a J.D. degree from New York University  School of Law and an
A.B.  degree  from  Columbia  University.  Mr.  Tamkin has been Chief  Executive
Officer since March 15, 1996,  prior to which Mr. Tamkin was Vice  President and
General  Counsel of the Company from October 1990.  Also since October 1990, Mr.
Tamkin has been a Vice  President of Mirtronics  and Executive Vice President of
Forum  Financial  Corporation,  a Toronto based  merchant  banking  organization
controlled by a Director of Mirtronics. Since November 1992, Mr. Tamkin has been
a director of Unicap  Commercial  Corporation,  an Ontario  corporation which is
registered  under the Securities  Exchange Act of 1934 (the "Exchange Act"). Mr.
Tamkin was associated  with Varet & Fink P.C. from 1986 to October 1990 and from
October 1990 to January,  1993 was Counsel to that firm. Mr. Tamkin is presently
Counsel to Dolgenos Newman & Cronin LLP, counsel to the Company.

     Mr.  Vitale has been  President of the Company  since March 15,  1996.  Mr.
Vitale has been active in the  fire/communications  industry  with Casey Systems
Inc. ("Casey") since 1982. Mr. Vitale has been President of Casey since 1993 and
has held the positions of Director of Engineering,  Vice President - Engineering
and Executive Vice  President.  Mr. Vitale holds a Bachelor of Science degree in
Engineering  from C.W. Post College and a Master of Science degree in Electrical
Engineering from New York University.

     Mr.  Poserina  joined  the  Company as  Treasurer,  Vice  President,  Chief
Financial  Officer and Director as of January 1, 1997.  From December 1995 until
he joined the Company,  Mr.  Poserina was an independent  financial  consultant.
Also, from July 1996 to September 1996, Mr. Poserina was Chief Financial Officer
of Happiness  Express Inc. Mr. Poserina was Chief Financial Officer of Dorne and
Margolin Inc. from November 1994 to December 1995.  Prior to that, Mr.  Poserina
spent 15 years as Vice  President,  Treasurer  and Chief  Financial  Officer  of
Chryon


<PAGE>



Corporation,  a NYSE listed  company  registered  under the  Exchange  Act.  Mr.
Poserina holds a Bachelor of Science in accounting  from the University of Rhode
Island and is a Certified Public Accountant.

     Mr.  McConnell is a partner at Dolgenos Newman & Cronin LLP, counsel to the
Company.  Prior to Dolgenos Newman & Cronin, he was associated with Varet & Fink
P.C. from 1989 to March 1993. Mr.  McConnell has a J.D. degree from New York Law
School.

     Mr.  Schnurbach has a Bachelor of Commerce  degree from Sir George Williams
University and is a Certified  Management  Accountant in Ontario.  Since October
1991,  Mr.  Schnurbach  has been  Chief  Executive  Officer  of  Cantab./Polyair
Incorporated, a manufacturer of specialty covers and packaging materials.

     There are no family relationships between any Director or Executive Officer
of Firetector and any other Director or Executive Officer of Firetector.

     Directors  hold office for a period of one year from the Annual  Meeting of
Stockholders  at which  they are  elected  or until  their  successors  are duly
elected and qualified. Officers are appointed by the Board of Directors and hold
office  at the  will of the  Board.  There  is no  nominating,  or  compensation
committee  of the  Board of  Directors  nor is there  any  committee  performing
similar functions.

     The  Registrant  is not aware of any Section 16(a) filing  deficiences.  In
making these statements,  the Company has relied on the written  representations
of its  directors  and  officers  and  copies of the  reports  that they and 10%
holders have filed with the Commission.

ITEM 10. EXECUTIVE COMPENSATION

     The  following  table  sets  forth  certain  information  with  respect  to
compensation paid or accrued by the Company for services rendered to it for each
of the three fiscal years ended September 30, 1998, as to Daniel S. Tamkin,  the
Company's  present  Chief  Executive  Officer,   Joseph  Vitale,  the  Company's
President and Chief Operating Officer, and John A. Poserina, the Company's Chief
Financial Officer and Secretary;  none of the Company's other Executive Officers
had aggregate remuneration in excess of $100,000.


             [The remainder of this page intentionally left blank.]


<PAGE>

                       SUMMARY COMPENSATION TABLE


                                                              LONG
                    ANNUAL COMPENSATION                 TERM COMPENSATION
                                                                   All Other
Year      Salary ($)       Bonus($)     Other($)      Option/SAR Compensation
- -----------------------------------------------------------------------------
Daniel S. Tamkin
1998      $70,000            --          6,600
1997      $65,000            --          6,300           (1)          --
1996      $69,000            --           --                          --

Joseph Vitale
1998      $98,000            -           6,200                        --
1997      $90,000          15,000        6,000           (2)          --

John A. Poserina
1998     $113,000                        6,600                        --
1997     $ 92,000          15,000        6,300           (3)          --
------

(1) Options to purchase  1,667 shares of Common  Stock,  at a price of $1.00 per
share, were issued to Mr. Tamkin in August, 1997.

(2) Options to purchase  4,167 shares of Common  Stock,  at a price of $1.00 per
share, were issued to Mr. Vitale in August,  1997, and options to purchase 3,792
shares of Common  Stock,  at a price of $1.00 per share,  were  issued to him in
1996.

(3) Options to purchase  9,167 shares of Common  Stock,  at a price of $1.00 per
share, were issued to Mr. Poserina in 1997.

The above stock option information reflects the effect of a one for three (1:3)
reverse split of the Common Stock  effected in September  1998 and the repricing
of the exercise price to $1.00 per share.
-----------

     In December 1995,  the Board of Directors  voted to institute a 401(k) plan
for  nonunion  employees to be effective  January 1, 1996.  The plan  includes a
profit sharing  provision  based on a  determination  of the Board of Directors.
During fiscal 1997, the Board of Directors  approved a payment  totaling $22,500
for participants of the union and non-union  401(k) plans.  There was no payment
approved for these plans for fiscal 1998.

         Directors  do  not  receive  any   compensation   for  their   service.
Out-of-pocket  expenses for travel, meals and miscellaneous expenses incurred in
the course of the Director's  activities on behalf of the Company are reimbursed
at cost.

         On  April  30,  1997,  the  Company  and  its  shareholders  adopted  a
nonqualified stock option plan ("1997 Plan"),  which expires September 30, 2002,
except as to options then outstanding  under the 1997 Plan. Under the 1997 Plan,
the Board of  Directors  may grant  options to  eligible  employees  at exercise
prices not less than 100% of the fair market  value of the common  shares at the
time the option is  granted.  The  number of shares of Common  Stock that may be
issued shall not exceed an aggregate of up to 10% of its issued and  outstanding
shares from time to time.  Options vest at a rate of 20% per year commencing one
year  after  date of grant.  Issuances  under the 1997 Plan are to be reduced by
options outstanding under a 1990 nonqualified stock option plan (replaced by the
1997 Plan). Effective September 30, 1998, all outstanding employee stock options
were reset to an exercise price of $1.00 per share.


<PAGE>

     The Company currently has issued and outstanding options to purchase 72,958
shares of Common  Stock at an exercise  price of $1.00 per share,  to certain of
its  officers,  Directors and  employees.  See Item 11,  "SECURITY  OWNERSHIP OF
CERTAIN BENEFICIAL OWNERS AND MANAGEMENT."


ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

     The  following  table sets forth certain  information  known to the Company
regarding  beneficial  ownership of the  Company's  outstanding  Common Stock at
January 15, 1999 of (i) each  beneficial  owner of more than five percent of the
Common Stock, (ii) each of the Company's  Directors,  and (iii) all Officers and
Directors of the Company as a group.

          Common Stock Beneficially Owned At January 15, 1999

                                     Number of Shares     Percent of Shares
                                     --------------------------------------
Mirtronics Inc.(1)                          993,211              46.6%
Gentera Capital Corporation(2)              166,667               7.8%
Daniel S. Tamkin (3)                        122,733               5.8%
Joseph Vitale (4, 5)                         12,125                nil
Henry Schnurbach (2, 5)                       3,667                nil
John A. Poserina (4, 5)                       9,167                nil
Dennis P. McConnell (5, 6)                    1,667                nil
All Executive Officers and
Directors as a Group (5 Persons)            149,359               7.0%
----------
     (1) Includes  310,000  shares of Common Stock  issuable upon  conversion of
debt owed to Mirtronics and  convertible  into shares of Common Stock.  See ITEM
12,  "CERTAIN  RELATIONSHIPS  AND RELATED  TRANSACTIONS".  Address is 106 Avenue
Road, Toronto, Ontario.

   (2)  Includes  133,333  shares of Common  Stock  issuable  upon  exercise  of
presently exercisable options. Address is 106 Avenue Road, Toronto, Ontario.

   (3)  Includes  102,733  shares of Common  Stock  issuable  upon  exercise  of
presently exercisable options. Address is 96 Spring Street, New York, NY.

    (4) Address is 262 Duffy Avenue, Hicksville, NY.

    (5) Issuable upon exercise of presently exercisable options.

    (6) Address is 96 Spring Street, New York, NY.
-------

ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

         In consideration  of collateral  support for a previous credit facility
for the Company and various loans over several years, the Company had granted to
Mirtronics  options to purchase the Company's  Common Stock.  Mirtronics had the
right to acquire up to an  aggregate  of  613,333  shares of common  stock at an
exercise  price of $.90 per share,  a portion of which were held for the benefit
of the Company's Chairman. These options were to expire on December 31, 1998. In
addition,  the Company had previously entered into a Debt/Equity  Agreement with
Mirtronics,  that  provided  for the  retirement  of debt  and the  issuance  to
Mirtronics of 225,000 shares of Preferred  Stock,  which could also be converted
into 450,000 shares of common stock (675,000 and 1,350,000 respectively,  before
giving effect to the one for three reverse split).



<PAGE>

         In February 1998,  the Company and  Mirtronics  reached an agreement to
reorganize the options,  convertible debt and preferred stock held by Mirtronics
so as to reduce the potential  dilution of these securities by 366,667 shares of
common  stock.  Under  this  agreement,  Firetector  redeemed  the  $675,000  of
Convertible  Preferred  Stock and $170,000 of convertible  debt for an aggregate
price of $845,000.  These  securities  were  convertible  into 563,333 shares of
common stock. In satisfaction thereof,  Firetector issued a $620,000 Convertible
Note with  interest at 10%  (payable  upon demand and  convertible  into 413,333
shares of common stock at a conversion  price of $1.50 per share until  December
31, 2002), and a $225,000 Note (without a convertible feature), with interest at
10%, payable upon demand.  The foregoing notes are limited as to repayment based
upon covenant  requirements  and borrowing  availability  under the terms of the
Company's  Credit  Facility.   Also  in  connection  with  this  reorganization,
Mirtronics   exercised  613,333  options  for  common  stock  for  an  aggregate
consideration of $552,000 and Firetector simultaneously  repurchased and retired
216,667 of the newly issued shares for $552,000.

         In September 1998, the Company  entered into a Debt Matching  Agreement
with Mirtronics whereby an aggregate of $508,619 due by Mirtronics to Firetector
was  applied to reduce the notes  payable  and  interest  due by  Firetector  to
Mirtronics.  As a  consequence  of this debt  matching  agreement,  the $225,000
Non-Convertible  note with  interest  of $13,870 was  satisfied  in full and the
$620,000  Convertible Note with interest of $38,219 was reduced to a new balance
of $392,973. In addition,  the right to convert this note into 413,333 shares of
common  stock was  surrendered  in  consideration  for a new warrant to purchase
310,000 shares of common stock (the "1998  warrants").  These 1998 warrants were
exercisable at anytime until December 31, 2003 at an exercise price of $1.02 per
share.

         In  consideration  of  collateral  support  for  the  Company's  Credit
Facility in 1994, the Company granted Genterra Capital  Corporation,  an Ontario
Corporation, ("GCC", formerly known as First Corporate Capital Inc.) options for
166,667  unregistered  shares of the  Company's  common  stock at $.90 per share
through  December 31, 1999. In July 1996, GCC exercised  33,334 of these options
at $.90 per share. An officer of GCC is also a director of Mirtronics.

         In 1985,  Casey entered into a royalty  agreement  with Joseph  Vitale,
prior to his becoming the President and Chief Operating  Officer of the Company.
The agreement pays Mr. Vitale a royalty on certain systems marketed and serviced
by Casey. In fiscal year ended September 30, 1998,  Casey paid $86,108  pursuant
to the terms of the agreement.

     Management believes each of the foregoing  transactions was entered into on
terms  at least  as  favorable  as could  be  obtained  from  unrelated  parties
negotiating at arms-length.

     Daniel S. Tamkin, Chairman, Chief Executive Officer and General Counsel of
Firetector, is also an officer of a company controlled by a Director of
Mirtronics, Firetector's largest stockholder. Mr. Schnurbach, a Director of the
Company, is a Director of Mirtronics.



<PAGE>

                                   SIGNATURES

     Pursuant  to the  requirements  of  Section  13 or 15(d) of the  Securities
Exchange  Act of 1934,  the  Company has duly caused this Report to be signed on
its behalf by the undersigned, thereunto duly authorized.

                              FIRETECTOR INC.
                              (Registrant)

                              By: /s/ JOHN A. POSERINA
                                  -----------------------
                                  John A. Poserina,
                                  Chief Financial Officer, Secretary
                                  and Director

Dated: January 29, 1999