| Ticker: LAMT | 291 North Industrial Way | |
| Exchange: NASDAQ-Small Cap Market | Canton, Georgia 300115 | |
| Industry: Manufacturing | (404) 355-7681 |
| Type of Shares: | Common Shares | Filing Date: | 6/24/96 | |
| U.S. Shares: | 1,700,000 | Offer Date: | 10/9/96 | |
| Non-U.S. Shares: | 0 | Filing Price: | $5.00 | |
| Primary Shares: | 1,700,000 | Offer Price: | $5.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.47 | |
| Offering Amount: | $8,500,000 | Selling: | $0.18 | |
| Expenses: | - | Reallowance: | $0.09 | |
| Shares Out After: | 2,930,000 |
| Manager | Tier | Phone |
| D.H. Blair & Co Inc. | Lead Manager | (212) 495-4000 |
| Auditor: Eisner, Richard A. | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 3/31/96 | 6/30/96 | 6/30/95 | 6/30/96 | ||
| Revenue: | $0.12 | $0.00 | $0.05 | Assets: | $0.75 |
| Net Income: | -$1.28 | -$0.80 | -$0.22 | Liabilities: | $2.02 |
| EPS: | -$2.02 | -$0.98 | -$0.27 | Equity: | -$1.26 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| Laminating Technologies, Inc. is a development stage company which has been formed to research, develop, design and market packaging and specialty display products that are manufactured using the Company's proprietary processing method. LTI Processed is a procedure by which polyester film is laminated onto single thickness paper prior to corrugation. The Company believes that the LTI Processed method is the only process currently available in which polyester film can be laminated onto linerboard such that the resulting laminate can withstand the heat and stress of corrugation. This procedure results in a packaging material that the Company believes is physically superior, more attractive and potentially more cost-effective than many currently existing packaging materials such as polystyrene, plastic, metal and certain corrugated cardboard products, including those that are laminated with paper and/or coated after corrugation. |
| Use of Proceeds |
| Proceeds from the proposed offering will be used to repay notes issued in the Bridge Financing, for product development, sales and marketing and working capital. |
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