| International Meta Systems, Inc. | |||
| Proposed Ticker: | IMES | 100 North Sepulveda Boulevard, Suite 601 | |
| Exchange: | NASDAQ-National Market | El Segundo, CA 90245 | |
| Industry: | High-Tech (SIC Code 3674) | (310) 524-9300 | |
| # of Employees: | 50 | ||
| Type of Shares: | Common Shares | Filing Date: | 10/28/97 | |
| U.S. Shares Filed: | 0 | Filing Price: | - | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $28,375,000 | |
| Primary Shares: | 0 | Expenses: | - | |
| Secondary Shares: | 0 | Shares Out After: |
| Manager | Tier | Phone |
| Nichols, Safina, Lerner & Co. Inc. | Lead Manager | (800) 895-5551 |
| Issuer's Law Firm: | Matthias & Berg |
| Bank's Law Firm: | Lehman & Eilen |
| Auditor: | Singer, Lewak, Greenbaum & Goldstein |
| Registrar/Transfer Agent: | Interwest Transfer Company |
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 | 6/30/97 | 6/30/96 | 6/30/97 | ||
| Revenue: | $0.30 | $0.00 | $0.00 | Assets: | $1.17 |
| Net Income: | -$7.13 | -$4.67 | -$2.83 | Curr Assets: | $0.61 |
| EPS: | -$0.20 | -$0.12 | -$0.09 | Liabilities: | $0.56 |
| Prior EPS: | -$0.06 | -$2.36 | -$4.03 | Curr Liabilities: | $1.10 |
| Cash Flow/Oper: | -$0.87 | $9.59 | $0.43 | Equity: | $0.62 |
| Cash Flow/Fin: | $1.55 | -$8.14 | $3.54 | Cash: | $0.04 |
| Cash Flow/Inv: | -$0.17 | -$8.14 | Working Cap: | -$0.48 | |
| Business Description |
| The company designs and develops x86-compatible microprocessors and related components and designs. A microprocessor is an integrated circuit consisting of millions of transistors which executes instructions to perform logical and mathematical operations |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to fund research and development, administrative expenses, repayment of debt and for working capital and for general corporate purposes. |