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Dynacs, Inc.
35111 U.S. Highway 19 North, Suite 300, Palm Harbor, FL 34684 * (727) 787-1245
Business Description The company develops advanced technologies in the areas of information systems and aerospace/satellite systems and operations for U.S. Government agencies and private sector clients.
Filing
Information

IPO has been
postponed

To Trade As  DNAC (NASNTL) Industry  Service (SIC 8731)
Type of Stock Offered Common Shares Filing Date  3/29/00
Domestic Shares Filed 3,000,000 Filing Range  $9.00 - $11.00
Foreign Shares Filed  0 Offering Amount  $30,000,000
Company Shares  3,000,000 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  8,556,847
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
H.C. Wainwright & Co. Inc. Lead Manager (617) 589-9482
Roth Capital Partners Co-manager  
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures 3 Months Ending
Figures in U.S. millions except per share data       12/31/97 12/31/98 12/31/98 12/31/99
Revenues   - - - 26.961 60.947 18.155 17.630
Income from Oper.   - - - 0.492 0.278 -0.468 -0.057
Net Income   - - - 0.264 0.041 -0.301 -0.210
E.P.S   - - - 0.030 0.010 -0.060 -0.040
Revenue Growth (%)      - - - 126.056   -2.89
Net Income Growth (%)      - - - -84.44   -
Oper. Profit Margin (%)    - - - 1.82 0.46 - -
Net Profit Margin (%)    - - - 0.98 0.07 - -
Cash Flow - Oper.     -0.83 -2.99 -0.30
Cash Flow - Inv.     -2.14 -1.07 -0.50
Cash Flow - Fin.     2.61 0.94 -0.12
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 12/31/99 Financial Ratios
Total Assets    12.26 Current Assets    6.04 Current Ratio    0.57
Total Liab.    11.01 Current Liab.    10.51 Debt Ratio    89.75%
Total Equity    1.26 Working Cap.    -4.47 Debt to Equity Ratio    8.76
Cash    0.18    Return on Assets   0.33%
Use Of
Proceeds
The proceeds from the proposed offering will be used for acquisition of rights in media assets, repayment of line of credit, expand and upgrade U.S. and overseas facilities and equipment and build new U.S. and overseas facilities, repay long term debt, hire additional marketing, technical and production personnel, research and development, marketing, working capital and general corporate purposes.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Frankfurt, Garbus, Klein & Selz, P.C.
Bank's Law Firm  Orrick, Herrington & Sutcliffe
Registrar/Transfer Agent  Continental Stock Transfer & Trust Co
Auditor  Hoyman, Dobson & Company, P.A.
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Last updated: 10/14/00 4:17:38 PM
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