| Nei Webworld, Inc. | |||
| Ticker: | NEIP | 4647 Bronze Way | |
| Exchange: | NASDAQ-Small Cap Market | Dallas, TX 75236 | |
| Industry: | Manufacturing (SIC Code 2752) | (214) 330-7273 | |
| Type of Shares: | Common Shares | Filing Date: | 3/10/97 | |
| U.S. Shares: | 1,000,000 | Offer Date: | 5/21/97 | |
| Non-U.S. Shares: | 0 | Filing Range: | $6.50 - $7.50 | |
| Primary Shares: | 1,000,000 | Offer Price: | $5.50 | |
| Secondary Shares: | 0 | Gross Spread: | $0.55 | |
| Offering Amount: | $7,000,000 | Selling: | $0.33 | |
| Expenses: | $525,000 | Reallowance: | $0.10 | |
| Shares Out After: | 3,719,778 |
| Manager | Tier | Phone |
| First London Securities Corporation | Lead Manager | (800) 248-9461 |
| Issuer's Law Firm: | Crouch & Hallet |
| Bank's Law Firm: | Jackson & Walker |
| Auditor: | Deloitte & Touche |
| 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 | ||
| 3/31/96 | 12/31/96 | 12/31/95 | 12/31/96 | ||
| Revenue: | $14.29 | $12.82 | $11.04 | Assets: | $8.84 |
| Net Income: | -$0.31 | $0.14 | -$0.22 | Curr Assets: | |
| EPS: | -$0.11 | $0.08 | -$0.08 | Liabilities: | $8.06 |
| Prior EPS: | $0.43 | -$0.15 | Curr Liabilities: | ||
| Cash Flow/Oper: | $0.03 | Equity: | $0.78 | ||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company owns and operates a commercial printing facility and offers pre-press, printing and post-press services to mid- and large-sized customers in the Southwestern United States. Through its high production web presses, the company offers a broad range of services, including printing magazines, catalogs, tabloids, inserts and mail wraps on a range of paper stocks. Through pre-press and post-press production services, the company provides customers with services such as converting supplied data and information into printing plates and stapling, binding, sorting and folding printed materials for mass mailings. The company primarily uses high production presses to print materials which are often mass produced and distributed; for example, the company prints the weekly edition of The Dallas Morning News TV Magazine. The company believes a large part of its success to date has resulted from its ability to make three strategic acquisitions which increased its printing capabilities, provided greater purchasing efficiencies and increased operating efficiencies through overhead reductions as a percentage of sales while expanding the scope of printing related services offered to its customers. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay outstanding indebtedness, fund equipment installation costs and capital expenditures, and provide additional working capital. |