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PayTru$t, Inc.
29 Emmons Drive, Building B, Princeton, NJ 08540 * (609) 720-1818
Business Description The company provides a convenient and secure Internet service that enables their members to receive, review, pay and organize all of their bills through paytrust.com.
Filing
Information

IPO has been
withdrawn

To Trade As  PAYT (NASNTL) Industry  Internet (SIC 7389)
Type of Stock Offered Common Shares Filing Date  3/3/00
Domestic Shares Filed 0 Filing Price  - -
Foreign Shares Filed  0 Offering Amount  $50,000,000
Company Shares  0 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Lehman Brothers Incorporated Lead Manager (212) 526-8100
Fidelity Capital Markets Co-manager  
Thomas Weisel Partners LLC Co-manager (415) 364-2500
Wit SoundView Co-manager  
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures - - Months Ending
Figures in U.S. millions except per share data       12/31/98 12/31/99    
Revenues   - - - 0.000 0.010 - -
Income from Oper.   - - - -0.124 -9.623 - -
Net Income   - - - -0.123 -9.480 - -
E.P.S   - - - -0.010 -0.590 - -
Revenue Growth (%)      - - - -   -
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -6.77 - -
Cash Flow - Inv.     -0.99 - -
Cash Flow - Fin.     36.96 - -
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 12/31/99 Financial Ratios
Total Assets    30.23 Current Assets    29.32 Current Ratio    11.09
Total Liab.    39.31 Current Liab.    2.64 Debt Ratio    130.04%
Total Equity    -9.08 Working Cap.    26.67 Debt to Equity Ratio    -
Cash    29.24    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for working capital and general corporate purposes, including sales and marketing activities, expansion of our operations and further technological development.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Morgan, Lewis & Bockius
Bank's Law Firm  O'Melveny & Meyers
Registrar/Transfer Agent  American Stock Transfer & Trust Co
Auditor  Arthur Andersen
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Principal
Shareholders
Name of Shareholder% Owned
Before
% Owned
After
AT&T; Venture Fund II 20.50  
SOFTBANK Technology Ventures V, L.P. 16.80  
Sprectrum Equity Investors III, L.P. 15.60  
Aralia Technology Partners, LP 6.10  
American Express Travel Related Services Company, Inc. 5.60  
Note: represents ownership of 5% or more prior to the offering.

Last updated: 5/29/00 12:57:01 AM
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