| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| Weststar Environmental, Inc. |
| 9550 Regency Square Boulevard, Suite 1109, Jacksonville, FL 32225 * (904) 721-7557 |
| The company is a non-hazardous, liquid waste management company that provides waste management services to governmental, commercial and residential customers. |
| Manager | Tier | Phone |
| Westport Resources Investment Services, Inc. | Lead Manager | (800) 935-0222 |
| NASSCM: | WSTX | Utilities: | SIC 4953 | |
| Type of Shares: | Common Shares | Filing Date: | 4/16/98 | |
| U.S. Shares Filed: | 1,000,000 | Filing Price: | $5.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $5,000,000 | |
| Primary Shares: | 1,000,000 | Expenses: | $363,508 | |
| Secondary Shares: | 0 | Post-IPO Shares: | 2,690,000 | |
| Employees: | 27 |
| Issuer's Law Firm: | Milling Law Offices |
| Bank's Law Firm: | Prifti, William M. |
| Registrar/Transfer Agent: | Continental Stock Transfer & Trust Co |
| Auditor: | Reddish & White |
Dollar amounts in U.S. millions except for per share data | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/97 | 12/31/97 | ||||
| Revenue: | $2.53 | Assets: | $2.20 | ||
| Net Income: | $0.71 | Curr Assets: | $0.45 | ||
| EPS: | $0.47 | Liabilities: | $1.82 | ||
| Prior EPS: | -$0.33 | Curr Liab: | $1.18 | ||
| Cash Flow/Oper: | $0.33 | Equity: | $0.37 | ||
| Cash Flow/Fin: | -$0.10 | Cash: | $0.01 | ||
| Cash Flow/Inv: | -$0.22 | Working Cap: | -$0.73 | ||
| Use of Proceeds |
| The proceeds from the proposed offering will be used to consolidate and reduce outstanding debt, to purchase equipment, to construct a grease processing facility, for corporate and/or asset acquisitions, for expansion and for working capital. |
| Additional Underwriter Compensation |
| Warrant to purchase 100,000 shares/units at $100.00 per share/unit. |
| $72,000.00 consulting agreement for 2 year(s). |