IPO Company Profile
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Creative Master International, Inc.
Casey Ind. Bldg., 8th Floor 18 Bedford Rod., Taikoktsui, Kowloon, Hong Kong

The company is a leading independent manufacturer of collectible quality die cast replicas of cars, trucks and buses and other items.

Primary Underwriting Group
ManagerTierPhone
Cruttenden Roth IncorporatedLead Manager (800) 678-9147

Offering Information
NASNTL:CMST Manufacturing: SIC 3944
Type of Shares:Common Shares Filing Date:10/21/98
U.S. Shares:1,250,000 Offer Date:12/24/98
Non-U.S. Shares:0 Filing Range:$5.50 - $6.50
Primary Shares:1,250,000 Offer Price:$5.00
Secondary Shares:0 Gross Spread:
Offering Amount: $7,500,000 Selling:
Expenses: - Reallowance:
Post-IPO Shares:6,999,746
Employees:4100

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Troy & Gould
Bank's Law Firm: Freshman, Marantz, Orlanski, Cooper & Klein
Registrar/Transfer Agent: U. S. Stock Transfer Corporation
Auditor: Arthur Andersen

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
6 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
12/31/97 6/30/98 6/30/97 6/30/98
Revenue:$16.21$14.32$7.72Assets:$13.33
Net Income:$0.79$1.41$0.25Curr Assets:$8.45
EPS:$0.16$0.28$0.05Liabilities:$9.18
Prior EPS:$0.16Curr Liab:$8.23
Cash Flow/Oper:$0.70$1.68-$0.43Equity:$4.15
Cash Flow/Fin:-$0.67-$0.47$0.26Cash:$0.88
Cash Flow/Inv:$0.02-$0.80-$0.01Working Cap:$0.22

Use of Proceeds
The proceeds from the proposed offering will be used to expand and improve Chinese manufacturing facilities.

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