| The company was organized as a Delaware corporation on January 13, 1997. Since inception, the company's activities have been limited to the sale of initial shares in connection with its organization and the preparation of this offering. The company proposed to evaluate one or more businesses and ultimately acquire an interest or otherwise participate in a business. As of the date of this prospectus, no specific businesses have been investigated by the company, and it does not propose to engage in the evaluation of any such businesses unless and until the successful completion of the offering. Consequently, the company has only generally allocated the net proceeds of this offering to the search for and participation in a business. A total of 120,000 shares of Common Stock have been issued to officer and directors for an aggregate of $600 in cash. Additional funds have been loaned to the company by its officers, directors and principal shareholders, to cover company expenses. |