| Ticker: COAL | 8 West 38th Street, 9th Floor | |
| Exchange: NASDAQ-Small Cap Market | New York, New York 10018 | |
| Industry: Financial | (212) 302-7389 |
| Type of Shares: | Common Shares | Filing Date: | 2/7/96 | |
| U.S. Shares: | 870,000 | Offer Date: | 2/14/95 | |
| Non-U.S. Shares: | 0 | Filing Price: | $5.00 | |
| Primary Shares: | 870,000 | Offer Price: | $5.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.50 | |
| Offering Amount: | $4,350,000 | Selling: | $0.20 | |
| Expenses: | $125,000 | Reallowance: | ||
| Shares Out After: | 4,470,000 |
| Manager | Tier | Phone |
| Redstone Securities, Inc. | Lead Manager | (516) 576-3800 |
| AB Capital Markets | Co-manager |
| Auditor: Almagor & Co. | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 9/30/94 | 9/30/94 | ||||
| Revenue: | $0.00 | Assets: | $1.53 | ||
| Net Income: | -$0.31 | Liabilities: | $1.20 | ||
| EPS: | -$0.09 | Equity: | $0.33 | ||
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company is in the business of providing funding for and developing and/or acquiring coal properties and extraction and delivery of coal to national and/or international markets. |
| Use of Proceeds |
| The proceeds from the offering will be used for general corporate purposes. |
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