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InterContinental Telecommunications Corp.
2190 Northwest 89th Place, Suite 100, Miami, FL 33172 * (305) 702-4300
Business Description The company provides advanced broadband communications services and software application services in Brazil.
Filing
Information

IPO has been
withdrawn

To Trade As  ITCN (NASNTL) Industry  Telecommunications (SIC 4899)
Type of Stock Offered Common Shares Filing Date  10/17/2000
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
Josephthal Lyon & Ross, Inc. Lead Manager (212) 907-4545
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       4/30/1999 4/30/2000 7/31/1999 7/31/2000
Revenues   - - - 0.015 2.465 0.040 1.218
Income from Oper.   - - - -1.055 -2.604 -0.310 -1.350
Net Income   - - - -1.055 -2.604 -0.441 -1.387
E.P.S   - - - -0.240 -0.240 -0.050 -0.110
Revenue Growth (%)      - - - 16,336.173   2,947.52
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     0.92 -1.51 -4.40
Cash Flow - Inv.     -3.73 -0.07 -3.64
Cash Flow - Fin.     2.87 1.44 19.29
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 7/31/2000 Financial Ratios
Total Assets    29.62 Current Assets    18.18 Current Ratio    2.86
Total Liab.    25.87 Current Liab.    6.35 Debt Ratio    87.33%
Total Equity    3.75 Working Cap.    11.83 Debt to Equity Ratio    6.90
Cash    11.39    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for general corporate purposes.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Baker & McKenzie
Bank's Law Firm  Clifford Chance
Registrar/Transfer Agent  American Stock Transfer & Trust Co
Auditor  Ernst & Young
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Last updated: 12/30/2000 6:33:36 PM
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