| Proposed Ticker: MDLA | 1719 W. University Drive, Suite 187 | |
| Exchange: NASDAQ-National Market | Tempe, Arizona 85281 | |
| Industry: Manufacturing | (602) 437-0127 |
| All share information is proposed | ||||
| Type of Shares: | Common Shares | Filing Date: | 9/12/96 | |
| U.S. Shares Filed: | 1,300,000 | Filing Price: | $7.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $9,100,000 | |
| Primary Shares: | 1,300,000 | Expenses: | $690,000 | |
| Secondary Shares: | 0 | Shs Out After: | 4,300,000 | |
| Manager | Tier | Phone |
| Sentra Securities Company | Lead Manager | (619) 584-7000 |
| Spelman & Co., Inc. | Co-manager | (619) 584-7050 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 5/31/96 | 5/31/96 | ||||
| Revenue: | $5.19 | Assets: | $2.69 | ||
| Net Income: | $0.92 | Liabilities: | $0.67 | ||
| EPS: | $0.27 | Equity: | $2.02 | ||
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| M.D. Labs, Inc. packages, markets and distributes natural food and dietary supplements, consisting primarily of herbal products and sports nutrition products, as well as a weight management chewing gum product. The company has focused on new product innovation, such as its Daily Detox (r) teas targeted to the detoxification herbal tea market and its Citrium (tm) Lean and Trim chewing gum targeted to the weight loss chewing gum market. The company's products generally are sold to distributors and to health food, drug and other retail stores. The company currently markets the Naturally Klean (r), Daily Detox (r), Women's Nature (tm), HerbalPathic (tm) and Citrium (tm) product lines. Through its wholly owned subsidiary, Belnik Investment Group, Inc. doing business as Freedom Wholesalers, Inc., the company also markets the Stuff (tm) and Naturally Klean (r) Herbal Tea, (tm) and under the PRO-LINE (r) name it markets products such as Super ProLean (tm) Fat Burners, Amino Formula "1240" (tm) and Chromoplex (tm). |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to fund development of sports nutrition product lines; increase marketing and advertising; upgrade computer systems; acquire automating equipment; and potentially acquire complementary products and businesses. |
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