IPO Company Profile © ipodata.com
Message Board  |   SEC Filings  |   Peer IPO Companies
CallFree Telecom Communications Corp.
400 Perimeter Center Terrace, Atlanta, GA 30346 * (770) 352-0162
Business Description The company is a newly formed corporation. The company is engaged in the business of providing free long distance telephone service which is financed by advertising.
Filing
Information

Not yet
public

To Trade As  - - (OTC) Industry  Telecommunications (SIC 4813)
Type of Stock Offered Common Shares Filing Date  08/05/1999
Domestic Shares Filed 500,000 Filing Price  $6.00
Foreign Shares Filed  0 Offering Amount  $3,000,000
Company Shares  500,000 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Boe & Company, Inc. Lead Manager  
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures 6 Months Ending
Figures in U.S. millions except per share data         12/31/1998   06/30/1999
Revenues   - - - - 0.000 - 0.000
Income from Oper.   - - - - -0.105 - -0.104
Net Income   - - - - -0.107 - -0.107
E.P.S   - - - - -0.130 - -0.100
Revenue Growth (%)      - - - -   -
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -0.05 - -0.09
Cash Flow - Inv.     - - -
Cash Flow - Fin.     0.05 - 0.11
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 06/30/1999 Financial Ratios
Total Assets    0.02 Current Assets    0.02 Current Ratio    0.09
Total Liab.    0.23 Current Liab.    0.23 Debt Ratio    1,053.49%
Total Equity    -0.20 Working Cap.    -0.20 Debt to Equity Ratio    -
Cash    0.02    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for working capital and operating expenses, deposits on equipment, repayment of notes.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Siskind, Steven, L.
Registrar/Transfer Agent  American Securities Transfer and Trust
Auditor  Chadwick, Ronald R
Send us feedback if you would like to request that we hyperlink a firm on this page
Warrant
Information
# of Units  500,000
Unit Ticker  - - Unit Price  - -
Warrant Ticker  Z 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 Class A Warrant + 1 Class B Warrant
Warrant Entitlement 1 Common Share

Last updated: 09/29/1999 3:50:56 AM
© 1999 IPO Data Systems, Inc. - All rights reserved.