| Proposed Ticker: - | 2117 200th Avenue West | |
| Exchange: NASDAQ-National Market | Oak Harbor, Washington 98277 | |
| Industry: Service | (360) 679-6575 |
| All share information is proposed | ||||
| Type of Shares: | Common Shares | Filing Date: | 6/27/96 | |
| U.S. Shares Filed: | 562,500 | Filing Price: | $8.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $4,500,000 | |
| Primary Shares: | 562,500 | Expenses: | $150,000 | |
| Secondary Shares: | 0 | Shs Out After: | 2,315,224 | |
| Manager | Tier | Phone |
| Non-Underwritten | Lead Manager |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 3/31/96 | 3/31/95 | 3/31/96 | ||
| Revenue: | $4.55 | $1.33 | $0.74 | Assets: | $3.32 |
| Net Income: | $0.35 | $0.00 | $0.02 | Liabilities: | $1.62 |
| EPS: | $0.21 | $0.00 | $0.01 | Equity: | $1.70 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company researches, writes, publishes and markets electronic publishing software and multimedia products, which focus on Christian and Bible-related subject matter. The company's products have been developed or acquired by the company and are sold into both the Christian and secular markets. The company also provides contract software development and electronic publishing services to a number of book publishers. During the more than four years since the company was founded, the company has expanded its product line to include research and study software products, bundled study packs, biblical text add-ons, scholarly texts and reference works, as well as popular multimedia products. The company is a leader in Christian learning and the electronic publishing of religious texts, and currently sells its products throughout the United States, and in Canada, Asia Australia, Europe, New Zealand and Africa. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to acquire new products; enhance existing Logos products; purchase furniture and equipment needed to accommodate the company's expansion; partially finance the acquisition of land and the construction of a new building to serve as the company's headquarters; enhance the company's marketing activities; and provide working capital for the daily operations of the company. |
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