| Intellisys Automotive Systems, Inc. | |||
| Proposed Ticker: | - | 27777 Franklin Road, Suite 1420 | |
| Exchange: | NASDAQ-Small Cap Market | Southfield, MI 48034 | |
| Industry: | Manufacturing | (810) 213-0284 | |
| Type of Shares: | Common Shares | Filing Date: | 5/13/97 | |
| U.S. Shares Filed: | 500,000 | Filing Price: | $5.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $2,500,000 | |
| Primary Shares: | 500,000 | Expenses: | $350,000 | |
| Secondary Shares: | 0 | Shares Out After: | 4,500,000 |
| Manager | Tier | Phone |
| Agean Group, Inc. The | Lead Manager |
| Issuer's Law Firm: | Mintz, Levin, Cohn, Ferris, Glovsky And Popeo |
| Bank's Law Firm: | Dreier & Baritz |
| Auditor: | Daszkal Bolton Manela |
| Registrar/Transfer Agent: | Liberty Transfer Company |
Dollar amounts in U.S. millions except for per share data | |||||
| 3 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 9/30/96 | 12/31/96 | 12/31/95 | 12/31/96 | ||
| Revenue: | $0.79 | $0.20 | $0.18 | Assets: | $1.89 |
| Net Income: | -$0.33 | -$0.21 | -$0.05 | Curr Assets: | |
| EPS: | -$0.17 | -$0.05 | -$0.01 | Liabilities: | $0.74 |
| Prior EPS: | -$0.05 | Curr Liabilities: | |||
| Cash Flow/Oper: | -$0.64 | Equity: | $1.15 | ||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company is engaged in providing and servicing RT/AI Agentware computer software, which utilizes Real Time Artificial Intelligence and related computer hardware, for automated manufacturing and control systems directly to automobile manufacturers. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for sales and marketing, enhancement of productivity, increase in capacity and general corporate purposes. |