| Nichi Capital, Ltd. | |||
| Proposed Ticker: | - | 150 Nassau Street | |
| Exchange: | Over-the-Counter Market | New York, NY 10038 | |
| Industry: | Financial (SIC Code 6799) | (212) 566-4143 | |
| Type of Shares: | Common Shares | Filing Date: | 4/24/97 | |
| U.S. Shares Filed: | 900,000 | Filing Price: | $10.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $9,000,000 | |
| Primary Shares: | 900,000 | Expenses: | - | |
| Secondary Shares: | 0 | Shares Out After: | 8,487,604 |
| Manager | Tier | Phone |
| Nichi Capital Ltd. | Lead Manager | (212) 566-4143 |
| Issuer's Law Firm: | General Counsel |
| Auditor: | Weinick, Sanders & Co. |
Dollar amounts in U.S. millions except for per share data | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/96 | 12/31/96 | ||||
| Revenue: | $0.01 | Assets: | $0.08 | ||
| Net Income: | -$0.23 | Curr Assets: | |||
| EPS: | -$0.03 | Liabilities: | $0.17 | ||
| Prior EPS: | -$0.01 | Curr Liabilities: | |||
| Cash Flow/Oper: | -$0.08 | Equity: | -$0.09 | ||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company develops and provides branded, comprehensive Web-based financial services that help users access and personalize the vast resources of the Internet. The company's primary service offering, Nichi Money, is a free service targeted at individual users. The company believes that Nichi Money goes beyond the functionality offered by other free-to-use financial services, by allowing users to receive everything from information on companies going public to delayed stock quotes, graphs, mutual fund information and other financial utilities over the Internet. The company believes that Nichi Money has been well received by consumers and is well on its way to achieving a strong brand presence among individual investors who use the world wide Web. The company's service is differentiated by its underlying features, which is noted for its high accuracy and fast searching capability. The company believes that Nichi Money is also differentiated through its design, which integrates the capabilities of a search engine and a directory to combine specific responses to search queries from our database, branded third party content and targeted, related advertising. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes including capital expenditures and working capital. |