| Powertrader, Inc. | |||
| Proposed Ticker: | PTSW | 885 Dunsmuir Street, Suite 591 | |
| Exchange: | NASDAQ-Small Cap Market | Vancouver, CANAD V6C 1N5 | |
| Industry: | High-Tech (SIC Code 7372) | 6046851529 | |
| Type of Shares: | Common Shares | Filing Date: | 1/22/97 | |
| U.S. Shares Filed: | 1,700,000 | Filing Price: | $3.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $5,100,000 | |
| Primary Shares: | 1,700,000 | Expenses: | $200,000 | |
| Secondary Shares: | 0 | Shares Out After: | 9,078,115 |
| Manager | Tier | Phone |
| A Non Underwritten Offering | Lead Manager |
| Issuer's Law Firm: | Gallop, Johnson & Neuman |
| Bank's Law Firm: | Not Available |
| Auditor: | BDO Dunwoody |
| Registrar/Transfer Agent: | American Stock Transfer & Trust Co |
Dollar amounts in U.S. millions except for per share data | |||||
| 3 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 6/30/96 | 9/30/96 | 9/30/95 | 9/30/96 | ||
| Revenue: | $0.05 | $0.01 | $0.03 | Assets: | $0.16 |
| Net Income: | -$0.60 | -$0.17 | -$0.14 | Curr Assets: | |
| EPS: | -$0.24 | -$0.04 | -$0.12 | Liabilities: | $0.74 |
| Prior EPS: | -$0.30 | -$0.05 | Curr Liabilities: | ||
| Cash Flow/Oper: | Equity: | -$0.58 | |||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company designs, develops, markets and supports informational and analytical desktop decision support and risk management systems for both securities professionals and individual investors. The company's products enable its customers to capture an incoming stream of market data provided by Market Data Vendors, store such market data for future reference, display selected data in tabular and graphic form and analyze the data to discover trading opportunities. The company's systems are modular, scalable and allow clients to leverage their investments in existing systems. Individual components of the company's systems can function independently, giving clients the ability to build their system over time to integrate existing software which is meeting their current needs. The company's systems have been licensed to more than 200 investors. Marketed directly, as well as through distribution partners, in the United States, Canada, Europe and the Asian/Pacific region, the company's products are believed to offer a unique combination of analytical capabilities and trading information. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to fund expansion of the company's marketing and sales effort, new product development, acquisitions and working capital and other general corporate purposes. |
| # of Units: | 1,700,000 | |||
| Unit Ticker: | - | Unit Price: | $3.25 | |
| Warrant Ticker: | PTSWW | Warrant Price: | $0.25 | |
| Warrant Exercise Date: | Warrant Exercise Price: | |||
| Warrant Expiration Date: | ||||
| Warrant Detachable: | Yes | Warrant Detach Date: | ||
| Warrant Callable: | No |
| Unit Composition: 1 Common Share + 1 Warrant |
| Warrant Entitlement: 1 Common Share |