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Pentastar Communications, Inc.
1522 Blake Street, Denver, CO 80202 * (303) 825-4400
Business Description The company is a communications services agent. We design, select and implement communications services solutions that best meet our customers' specific requirements and budgets.
Offering
Information

Company has
gone public

Trading As  PNTA (NASSCM) Industry  Telecommunications (SIC 4813)
Type of Stock Offered  Common Shares Filing Date  8/16/99
Domestic Shares Offered  1,250,000 Offer Date  10/26/99
Foreign Shares Offered  0 Filing Range  $9.00 - $11.00
Company Shares  1,250,000 Offer Price  $10.00
Selling Shrhldrs Shares  0 Gross Spread  $0.750
Gross Proceeds  $12,500,000 Selling  $0.375
Expenses  - - Reallowance  - -
Post-IPO Shares  5,000,000 Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Schneider Securities, Inc. Lead Manager (303) 837-9200
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         12/31/98 6/30/98 6/30/99
Revenues   - - - - 6.657 2.744 2.996
Income from Oper.   - - - - 1.065 0.141 0.207
Net Income   - - - - 0.617 0.010 0.134
E.P.S   - - - - 0.120 - 0.030
Revenue Growth (%)      - - - -   9.18
Net Income Growth (%)      - - - -   1,240.00
Oper. Profit Margin (%)    - - - - 16.00 6.91 5.14
Net Profit Margin (%)    - - - - 9.27 4.47 0.36
Cash Flow - Oper.     - - -
Cash Flow - Inv.     - - -
Cash Flow - Fin.     - - -
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 6/30/99 Financial Ratios
Total Assets    6.90 Current Assets    2.01 Current Ratio    0.56
Total Liab.    3.57 Current Liab.    3.57 Debt Ratio    51.76%
Total Equity    3.33 Working Cap.    -1.56 Debt to Equity Ratio    1.07
Cash    -    Return on Assets   1.94%
Use Of
Proceeds
The proceeds from the proposed offering will be used to finance the acquisitions of ICM and Access; to make other complementary acquisitions or investments; to repay certain indebtedness; and working capital, systems investment and other general corporate purposes.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Shearman & Sterling
Bank's Law Firm  Berliner Zisser Walter & Gallegos
Registrar/Transfer Agent  American Securities Transfer and Trust
Auditor  Arthur Andersen
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Last updated: 11/7/99 2:19:30 PM
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