| Franks' Express, Inc. | |||
| Proposed Ticker: | - | 12146 East Amherst Circle | |
| Exchange: | Over-the-Counter Market | Aurora, CO 80014 | |
| Industry: | Service (SIC Code 7389) | (303) 695-8554 | |
| Type of Shares: | Common Shares | Filing Date: | 5/30/97 | |
| U.S. Shares Filed: | 100,000 | Filing Price: | $1.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $100,000 | |
| Primary Shares: | 100,000 | Expenses: | $10,000 | |
| Secondary Shares: | 0 | Shares Out After: | 1,100,000 |
| Manager | Tier | Phone |
| A Non Underwritten Offering | Lead Manager |
| Issuer's Law Firm: | General Counsel |
| Auditor: | Loss, Janet, CPA |
| Registrar/Transfer Agent: | Corporate Stock Transfer, Inc. CO |
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 | ||
| 3/31/97 | 3/31/97 | ||||
| Revenue: | $0.00 | Assets: | $5.04 | ||
| Net Income: | $0.00 | Curr Assets: | |||
| EPS: | -$3.64 | Liabilities: | $8.68 | ||
| Prior EPS: | -$0.01 | Curr Liabilities: | |||
| Cash Flow/Oper: | Equity: | -$3.64 | |||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company was incorporated under the laws of the State of Colorado on May 17, 1991, for the purpose of engaging in the retail food service business. The company closed its restaurants and retail ice cream and candy shop in November of 1993 and has not conducted any material business activities since that time. The company intends to engage in the business of consulting with small to medium sized businesses, helping them assess their current financial position and future financial needs, and assisting them in acquiring sufficient funds, both privately and publicly, to grow and expand their business, products, and services. In light of its management's special expertise in the restaurant business, the company also expects to offer business consulting services to restaurants and other food service establishments. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to meet the company's cash requirements for at least 12 months from the conclusion of this offering. |