| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| Legacy Brands, Inc. |
| 2424 Professional Drive, Suite A, roseville, CA 95661 * (916) 782-2029 |
| The company licenses and markets premium branded consumer food products sold in supermarkets, club stores, convenience stores, drug stores and mass merchandisers throughout the United States. |
| Manager | Tier | Phone |
| Paulson Investment Company, Inc. | Lead Manager | (503) 243-6028 |
| NASSCM: | LEGC | Manufacturing: | SIC 2024 | |
| Type of Shares: | Common Shares | Filing Date: | 7/8/98 | |
| U.S. Shares Filed: | 1,500,000 | Filing Range: | $4.50 - $5.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $7,125,000 | |
| Primary Shares: | 1,500,000 | Expenses: | - | |
| Secondary Shares: | 0 | Post-IPO Shares: | 2,541,730 | |
| Employees: | 6 |
| Issuer's Law Firm: | Resch Polster Alpert and Berger |
| Bank's Law Firm: | Grover Wickersham |
| Registrar/Transfer Agent: | U. S. Stock Transfer Corporation |
| Auditor: | Pricewaterhouse Coopers LLC |
Dollar amounts in U.S. millions except for per share data | |||||
| 3 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 1/31/98 | 4/30/98 | 4/30/97 | 4/30/98 | ||
| Revenue: | $5.35 | $1.64 | $1.25 | Assets: | $3.12 |
| Net Income: | -$2.92 | -$0.14 | -$0.17 | Curr Assets: | $0.56 |
| EPS: | -$3.81 | -$0.14 | -$0.24 | Liabilities: | $4.08 |
| Prior EPS: | -$1.16 | Curr Liab: | $3.37 | ||
| Cash Flow/Oper: | -$0.72 | -$0.17 | -$0.16 | Equity: | -$0.96 |
| Cash Flow/Fin: | $0.79 | $0.20 | $0.16 | Cash: | $0.01 |
| Cash Flow/Inv: | -$0.09 | -$0.03 | -$0.01 | Working Cap: | -$2.81 |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to pay for anticipated market expansion, product development and acquisition of additional licenses, to repay indebtedness, and for general corporate purposes. |
| Additional Underwriter Compensation |
| Warrant to purchase 150,000 shares/units at a nominal price. |
| # of Units: | 1,500,000 | |||
| Unit Ticker: | LEGCU | Unit Price: | $5.00 | |
| Warrant Ticker: | LEGCW | Warrant Price: | ||
| Warrant Exercise Date: | Warrant Exercise Price: | |||
| Warrant Expiration Date: | ||||
| Warrant Detachable: | Yes | Warrant Detach Date: | ||
| Warrant Callable: | No |
| Unit Composition: 1 Common Share + 1 Warrant |
| Warrant Entitlement: 1 Common Share |