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Amiga Telephony Corporation
2770-555 W. Hastings Street, Vancouver, Canada V6B 4N5 * (604) 638-0188
Business Description The company is an emerging, development stage company building an international Internet Protocol telecommunications network. Amiga's network will be capable of delivering multiple services including voice, fax, data and video.
Filing
Information

Not yet
public

To Trade As  - - (NASSCM) Industry  Telecommunications (SIC 4812)
Type of Stock Offered Common Shares Filing Date  06/21/1999
Domestic Shares Filed 1,000,000 Filing Price  $5.50
Foreign Shares Filed  0 Offering Amount  $5,500,000
Company Shares  1,000,000 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  11,227,000
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Westport Resources Investment Services, Inc. Lead Manager (800) 935-0222
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures 9 Months Ending
Figures in U.S. millions except per share data         06/30/1998   03/31/1999
Revenues   - - - - 0.001 - 0.003
Income from Oper.   - - - - - - -
Net Income   - - - - -0.158 - -0.623
E.P.S   - - - - -0.030 - -0.070
Revenue Growth (%)      - - - -   -
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     - - -
Cash Flow - Inv.     - - -
Cash Flow - Fin.     - - -
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 03/31/1999 Financial Ratios
Total Assets    1.15 Current Assets    - Current Ratio    -
Total Liab.    0.08 Current Liab.    0.08 Debt Ratio    6.55%
Total Equity    1.08 Working Cap.    0.85 Debt to Equity Ratio    0.07
Cash    -    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for general corporate purposes.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Hart & Trinen
Bank's Law Firm  Prifti, William M.
Registrar/Transfer Agent  Oxford Transfer and Registrar, Inc.
Auditor  Ernst & Young
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Warrant
Information
# of Units  1,000,000
Unit Ticker  - - Unit Price  $5.50
Warrant Ticker  AMIGA 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

Last updated: 09/29/1999 3:50:45 AM
© 1999 IPO Data Systems, Inc. - All rights reserved.