Authorized Shares Outstanding Shares Common $0.01 par 20,000,000 4,190,998
LONG TERM DEBT: None.
Common $0.01 par
UNITS OFFERED: January 18, 1995, the company, through Thomas James Associates, Inc. and Kirkpatrick, Pettis, Smith, Pollan Inc., offered 1,000,000 Common shares and warrants to buy 1,000,000 Common shares in units (each consisting of one Common share and one warrant to buy one Common share) at $5 per unit; comm., $0.50 per unit. An additional 150,000 units were available to cover over-allotments-- none taken. The company also issued to the underwriter 5-year warrants to buy 71,125 units at $6 per unit; and a warrant to buy 28,875 Common shares at $6 per share. Commission excluded a payment of 3% of the gross proceeds for nonaccountable expenses.
Transfer Agent: American Stock Transfer & Trust Co. New York
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