| Unitrend, Inc. | |||
| Proposed Ticker: | UTRN | 4730 W. Bancroft Road, Ste. 15 | |
| Exchange: | NASDAQ-National Market | Toledo, OH 43615 | |
| Industry: | Service (SIC Code 8731) | (419) 536-2090 | |
| Type of Shares: | Common Shares | Filing Date: | 3/11/97 | |
| U.S. Shares Filed: | 300,000 | Filing Price: | $10.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $3,000,000 | |
| Primary Shares: | 300,000 | Expenses: | - | |
| Secondary Shares: | 0 | Shares Out After: | 300,000 |
| Manager | Tier | Phone |
| A Non-Identified Underwriter | Lead Manager |
| Issuer's Law Firm: | Brinks, Hofer, Gilson & Lione |
Dollar amounts in U.S. millions except for per share data | |||||
| 6 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/96 | 12/31/96 | ||||
| Revenue: | $0.00 | Assets: | $0.31 | ||
| Net Income: | -$0.18 | Curr Assets: | |||
| EPS: | -$0.04 | Liabilities: | $0.03 | ||
| Prior EPS: | Curr Liabilities: | ||||
| Cash Flow/Oper: | Equity: | $0.28 | |||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company is a developing corporation which will utilize technology invented by Mr. Conrad A.H. Jelinger of Toledo, Ohio. The company has access and control of the technology through an exclusive license from a corporation known as Server Systems Technology, Inc. SSTI holds the technology and patent application (s) via an assignment from Mr. Jelinger. The company was founded for the purpose of designing, developing, manufacturing and selling the VersaCase TM and related components. Mr. Jelinger is the principal shareholder of the company and is the founding shareholder of SSTI. The intent of the company is to sell VersaCase TM to Original Equipment Manufactures (OEM) as well as to Value Added Re-sellers (VAR) and end users. It is anticipated by the company that the proprietary technology used in the design and manufacturing of VersaCase TM may also be licensed to other manufacturers. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes. |