| Proposed Ticker: PYMB | 134 Morgan Avenue | |
| Exchange: Over-the-Counter Market | Brooklyn, New York 11237 | |
| Industry: Manufacturing | (718) 894-4300 |
| All share information is proposed | ||||
| Type of Shares: | Common Shares | Filing Date: | 4/11/96 | |
| U.S. Shares Filed: | 583,335 | Filing Range: | $5.00 - $6.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $3,208,343 | |
| Primary Shares: | 583,335 | Expenses: | $602,000 | |
| Secondary Shares: | 0 | Shs Out After: | 3,083,335 | |
| Manager | Tier | Phone |
| VTR Capital, Inc. | Lead Manager | (303) 756-0909 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 3/31/96 | ||||
| Revenue: | $0.08 | Assets: | $2.45 | ||
| Net Income: | -$0.09 | Liabilities: | $0.25 | ||
| EPS: | -$0.04 | Equity: | $2.20 | ||
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| Perry's Majestic Beer, Inc., a Delaware corporation, was formed in December, 1995. On March 29, 1996, the company entered into an agreement to acquire Riverosa Company, Inc., a New York corporation which was formed in November 1993. The company is engaged in the marketing and sale of microbrewed beers and ales. Since June 1993, the company has sold and marketed its flagship brand, Perry's Majestic Beer, which is distinguished by its use of organically grown barley and hops. The company's business strategy is to establish presence in the craft-brewed beer market by creating and offering high quality full-flavored all organic beers and other beers and/or ales. Presently, the company's products are produced under contract with Hoboken Brewing Company, a brewery located in Hoboken New Jersey, which produces, bottles and labels Perry's using the company's name and logo. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay debt, establish and operate a brewpub/restaurant and microbrewery, expand product development and distribution, and for marketing and working capital. |
©1996 IPO Data Systems, Inc. - All rights reserved.