Embassy Acquisition Corp.
Ticker: MBCA 1428 Brickell Avenue, Suite 105
Exchange: Over-the-Counter Market Miami, Florida 33131
Industry: Financial (305) 374-6700

Type of Shares:Common Shares Filing Date:1/17/96
U.S. Shares:1,200,000 Offer Date:4/2/96
Non-U.S. Shares:0 Filing Price:$6.00
Primary Shares:1,200,000 Offer Price:$6.00
Secondary Shares:0 Gross Spread:$0.60
Offering Amount: $7,200,000 Selling:
Expenses:$340,650 Reallowance:
Shares Out After:2,360,000

ManagerTierPhone
Barron Chase Securities, Inc.Lead Manager (800) 678-3022

Auditor: Coopers & Lybrand
Audited
Income
Latest
Unaudited
Income
Prior
Unaudited
Income
Balance
Sheet
12/31/95
Revenue:Assets:$0.10
Net Income:Liabilities:$0.03
EPS:Equity:$0.08

Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year,
unaudited figures are partial year

Business Description
The company is a blind pool. The company was formed in November 1995 to seek to effect a merger, exchange of capital stock, asset acquisition or other similar business combination with an existing operating business. The business objective of the company is to seek to effect a Business Combination with an Acquired Business, which the company believes has significant growth potential. The company will not engage in any substantive commercial business immediately following this offering and for an indefinite period of time following this offering. The company has no plan, proposal, agreement, understanding or arrangement to acquire or merge with any specific business or company, and the company has not identified any specific business or company for investigation and evaluation.

Use of Proceeds
The proceeds from the proposed offering will be used in accordance of business objectives, to effect a business combination.

Last updated: 10/28/96

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