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Victory Entertainment Corp.
1000 Universal Studios Plaza, Building 22A, Orlando, FL 32819 * (407) 224-5360
Business Description The Company is an integrated entertainment company specializing in television and Internet programming.
Filing
Information

Not yet
public

To Trade As  VICT (NASNTL) Industry  Service (SIC 7812)
Type of Stock Offered Common Shares Filing Date  6/7/00
Domestic Shares Filed 2,300,000 Filing Range  $10.00 - $12.00
Foreign Shares Filed  0 Offering Amount  $25,300,000
Company Shares  2,300,000 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  12,492,339
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Weatherly Securities Corporation Lead Manager  
M.R. Beal & Company Co-manager (212) 983-3930
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       6/30/98 6/30/99 3/31/99 3/31/00
Revenues   - - - 0.579 0.222 0.101 0.118
Income from Oper.   - - - -1.666 -5.324 -4.083 -7.448
Net Income   - - - -2.010 -5.690 -4.356 -7.653
E.P.S   - - - 1.000 1.950 1.580 0.830
Revenue Growth (%)      - - - -61.686   17.66
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -3.40 -2.29 -7.11
Cash Flow - Inv.     -0.47 -0.44 0.23
Cash Flow - Fin.     4.33 2.75 7.02
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 3/31/00 Financial Ratios
Total Assets    7.89 Current Assets    0.40 Current Ratio    0.13
Total Liab.    3.20 Current Liab.    3.20 Debt Ratio    40.55%
Total Equity    4.69 Working Cap.    -2.80 Debt to Equity Ratio    0.68
Cash    0.15    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for general corporate purposes, including expanding our television and Internet programming and other working capital requirements; to fund our NEXTBIGSTAR.COM joint venture; to identify and fund potential acquisitions of complementary and/ or Internet-based businesses, technologies, product lines or products; and to repay an outstanding promissory note.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Cahill Gordon & Reindel
Bank's Law Firm  Ruskin, Moscov, Evans & Faltischek
Registrar/Transfer Agent  Florida Atlantic Stock Transfer
Auditor  BDO Seidman
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Principal
Shareholders
Name of Shareholder% Owned
Before
% Owned
After
Wardley Investments Limited 7.40  
Note: represents ownership of 5% or more prior to the offering.

Last updated: 10/14/00 4:17:45 PM
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