| Ticker: IKEC | 1701 Ponce de Leon Boulevard | |
| Exchange: NASDAQ-Small Cap Market | Coral Gables, Florida 33134 | |
| Industry: High-Tech | (305) 446-5900 |
| Type of Shares: | Common Shares | Filing Date: | 7/8/96 | |
| U.S. Shares: | 1,250,000 | Offer Date: | 8/27/96 | |
| Non-U.S. Shares: | 0 | Filing Price: | $4.00 | |
| Primary Shares: | 1,250,000 | Offer Price: | $4.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.40 | |
| Offering Amount: | $5,000,000 | Selling: | ||
| Expenses: | $151,875 | Reallowance: | ||
| Shares Out After: | 2,250,000 |
| Manager | Tier | Phone |
| Paragon Capital Corporation | Lead Manager | (212) 742-1500 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 3/31/96 | 3/31/95 | 3/31/96 | ||
| Revenue: | $0.00 | $0.00 | $0.00 | Assets: | $1.62 |
| Net Income: | -$1.63 | -$0.59 | -$0.35 | Liabilities: | $2.04 |
| EPS: | -$1.68 | -$0.60 | -$0.36 | Equity: | -$0.42 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company was organized to develop and operate interactive multimedia kiosks installed on college and university campuses nationwide. The company's kiosk unit, called IKE (an acronym for the Interactive Kiosk Experience), combines computer touch screen technology with sophisticated audio/video capabilities provide students, staff and visitors with an electronic, user-friendly device that disseminates information about college and university services and activities as well as advertising materials and coupons for a variety of products and services. IKE includes interactive video, animation, text and graphics in a multipaneled kiosk comprised of touch screens, television monitors, an LED reader board, printers and stereo speakers. The center panel generally is dedicated to information regarding the institution at which the kiosk is located and two outer panels are devoted to national and local advertising. |
| Use of Proceeds |
| Proceeds from the proposed offering will be used for repayment of indebtedness; for installation and maintenance if kiosks, marketing and promotion and working capital and general corporate purposes. |
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