| Dental/Medical Diagnostic Systems, Inc. | |||
| Proposed Ticker: | DMDS | 200 North Westlake Boulevard, Suite 202 | |
| Exchange: | NASDAQ-Small Cap Market | Westlake Village, CA 91362 | |
| Industry: | Manufacturing (SIC Code 3843) | (805) 381-2700 | |
| Type of Shares: | Common Shares | Filing Date: | 2/28/97 | |
| U.S. Shares Filed: | 1,500,000 | Filing Range: | $4.00 - $5.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $6,750,000 | |
| Primary Shares: | 1,500,000 | Expenses: | - | |
| Secondary Shares: | 0 | Shares Out After: | 4,485,537 |
| Manager | Tier | Phone |
| M.H. Meyerson & Company | Lead Manager | (201) 459-9448 |
| Issuer's Law Firm: | Troop Meisinger Steuber & Pasich, LLP |
| Bank's Law Firm: | Graubard Mollen Horowitz Pomeranz & Shapiro |
| Auditor: | Coopers & Lybrand |
| Registrar/Transfer Agent: | American Stock Transfer & Trust Co |
Dollar amounts in U.S. millions except for per share data | |||||
| 10 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/96 | 12/31/96 | ||||
| Revenue: | $11.67 | Assets: | $4.72 | ||
| Net Income: | $0.14 | Curr Assets: | |||
| EPS: | $0.05 | Liabilities: | $3.48 | ||
| Prior EPS: | -$1.63 | Curr Liabilities: | |||
| Cash Flow/Oper: | Equity: | $1.24 | |||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company designs, develops, manufacturers and sells high technology dental equipment. Currently, the company's primary emphasis is on the manufacture and sale of an intraoral camera system known as the TeliCam System and a dental office networking system, known as InTELInet, for use in connection with the TeliCam System. The TeliCam System displays close-up color video images of dental patients' teeth and gums. These TeliCam images assist dentists in displaying dental health and hygiene problems to patients and, as a result of such display, promote patient acceptance of treatment plans. The TeliCam System offers dentists the ability to capture and display multiple video images without an expensive external capture device such as a video cassette recorder or color printer, thereby providing a low-cost alternative to the more expensive traditional intraoral dental camera systems. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay in full the secured promissory notes of the company issued in the bridge financing, for product development, for acquisitions and joint venture financing, for the repayment of certain loans made by an affiliate and a former affiliate of the company; and for working capital and for general corporate purposes. |