| Compu-DAWN, Inc. | |||
| (www.compudawn.com) | |||
| Ticker: | CODI | 77 Spruce Street | |
| Exchange: | NASDAQ-Small Cap Market | Cedarhurst, NY 11516 | |
| Industry: | High-Tech (SIC Code 7373) | (516) 374-6700 | |
| Type of Shares: | Common Shares | Filing Date: | 12/23/96 | |
| U.S. Shares: | 1,000,000 | Offer Date: | 6/13/97 | |
| Non-U.S. Shares: | 0 | Filing Price: | $5.00 | |
| Primary Shares: | 1,000,000 | Offer Price: | $5.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.50 | |
| Offering Amount: | $5,000,000 | Selling: | ||
| Expenses: | $625,000 | Reallowance: | ||
| Shares Out After: | 1,986,700 |
| Manager | Tier | Phone |
| European Community Capital Ltd. | Lead Manager |
| Issuer's Law Firm: | Certilman Balin Adler & Hyman, LLP |
| Bank's Law Firm: | Blodnick, Blodnick & Zelin, P.C. |
| Auditor: | Lazer, Levine & Company |
| Registrar/Transfer Agent: | American Stock Transfer & Trust Co |
Dollar amounts in U.S. millions except for per share data | |||||
| 9 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 9/30/96 | 9/30/95 | 9/30/96 | ||
| Revenue: | $1.04 | $0.48 | $0.78 | Assets: | $0.46 |
| Net Income: | $0.08 | -$0.03 | $0.06 | Curr Assets: | |
| EPS: | $0.04 | -$0.02 | $0.03 | Liabilities: | $0.33 |
| Prior EPS: | $0.03 | Curr Liabilities: | |||
| Cash Flow/Oper: | Equity: | $0.13 | |||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company is primarily engaged in the business of designing, developing, licensing, installing and servicing computer software products and systems for law enforcement and public safety agencies. The software systems include computer-aided dispatching, computer interfacing with state and national crime information databases, advanced mobile on-line radio computing, automatic vehicle location, records management and photo-image database systems. Certain of these applications utilize telecommunications and space satellite technology, and other infrastructure, provided by third parties. The company has developed, licensed and installed its systems in more than 55 agencies primarily located in the State of New York. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for product enhancement and development; repayment of indebtedness; marketing and advertising; hiring and training of additional personnel; purchase of equipment; payment of accrued compensation to Chairman of the Board and to President; for working capital. |