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Neosurg Technologies, Inc.
17300 El Camino Real, Suite 110, Houston, TX 77058 * (281) 461-6211
Business Description The company is a designer and manufacturer of surgical devices known as trocars that are used in all laparoscopic surgical procedures.
Filing
Information

Not yet
public

To Trade As  - - (AMEX) Industry  Manufacturing (SIC 3841)
Type of Stock Offered Common Shares Filing Date  2/28/00
Domestic Shares Filed 2,400,000 Filing Price  $6.75
Foreign Shares Filed  0 Offering Amount  $16,200,000
Company Shares  2,400,000 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  15,648,524
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Oxford Financial Group Lead Manager  
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       12/31/98 12/31/99 9/30/99 9/30/00
Revenues   - - - 0.000 0.000 0.000 0.009
Income from Oper.   - - - -0.482 -0.540 -0.351 -0.548
Net Income   - - - -0.447 -0.498 -0.311 -0.548
E.P.S   - - - -0.040 -0.040 -0.030 -0.040
Revenue Growth (%)      - - - -   -
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -0.62 -0.36 -0.47
Cash Flow - Inv.     -0.02 -0.03 -0.02
Cash Flow - Fin.     0.27 - 0.47
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 9/30/00 Financial Ratios
Total Assets    0.35 Current Assets    0.28 Current Ratio    0.54
Total Liab.    0.53 Current Liab.    0.53 Debt Ratio    149.63%
Total Equity    -0.18 Working Cap.    -0.24 Debt to Equity Ratio    -
Cash    0.14    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for intellectual property/property line acquisition, bridge loan payment, product development, marketing and advertising, additional personnel, insurance, inventory and equipment, working capital and general corporate purposes.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Cokinos, Bosien & Young
Registrar/Transfer Agent  Continental Stock Transfer & Trust Co
Auditor  Hein & Associates
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Last updated: 10/29/00 4:27:29 PM
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