| Sonoma International, Inc. | |||
| Proposed Ticker: | SMA | 3000 Lexington Financial Center | |
| Exchange: | American Stock Exchange | Lexington, KY 40507 | |
| Industry: | Transportation (SIC Code 4493) | (606) 281-0000 | |
| Type of Shares: | Common Shares | Filing Date: | 1/21/97 | |
| U.S. Shares Filed: | 3,450,000 | Filing Price: | $6.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $20,700,000 | |
| Primary Shares: | 3,450,000 | Expenses: | - | |
| Secondary Shares: | 0 | Shares Out After: |
| Manager | Tier | Phone |
| National Securities Corp. | Lead Manager | (800) 800-9217 |
| Issuer's Law Firm: | Jackson & Walker |
| Bank's Law Firm: | Camhy Karlinsky & Stein |
| Auditor: | King, Burns & 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: | $4.67 | $4.69 | $4.07 | Assets: | $15.22 |
| Net Income: | -$0.41 | $2.32 | $0.20 | Curr Assets: | |
| EPS: | -$0.27 | $1.36 | $0.13 | Liabilities: | $17.55 |
| Prior EPS: | -$0.48 | -$0.13 | Curr Liabilities: | ||
| Cash Flow/Oper: | $0.40 | Equity: | -$2.33 | ||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company operates and manages leisure oriented real estate properties. It currently controls two facilities, the Jamestown Resort & Marina and the Key West Conch Harbor. The Jamestown Resort & Marina, located on Lake Cumberland in South Central Kentucky, comprises approximately 291 acres of land and water leased from the U.S. Army Corps of Engineers. Jamestown's facilities include 1) a marina consisting of 805 slips, 645 of which are annual rentals to the public and the remaining 160 of which are used for transient rentals and to house the company's Jamestown rental watercraft fleet; 2) the ship's store; 3) a restaurant; 4) a fuel depot; 5) yacht club and snack bar; 6) lodging rentals consisting of 18 individual cabins and 40 suites in a hotel setting called the "Lodge" and 7) boat rentals comprising 19 pontoon boats, 30 house boats and the Jamestown Queen, a 140 passenger paddle wheel boat used primarily for sight seeing and dinner cruises. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes, including the retirement of debt, the payment of certain contingent and other obligations with respect to the acquisition of certain assets and to finance the expansion of the company. |