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Major Stock Holders
(Prior To
Offering) |
Name |
Class A |
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Ashanti Capital Partners, LLC |
14.00% |
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Daniel L. Burstein |
17.50% |
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John Sculley |
14.00% |
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Larry J. Lenhart |
15.00% |
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Samuel L. Schwerin |
17.50% |
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Business Environment |
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According to the U.S. Bureau of Economic Analysis, the combined size of the U.S. technology, media and telecommunications industries is estimated to be over $950 billion by revenue. The industries are comprised of thousands of companies ranging from start-ups to early stage companies to well-established public companies. Ever-evolving technologies, changes in the regulatory environment, increasing customer sophistication and fierce competition are some of the factors shaping today’s technology, media and telecommunications industries.
Over the years, the influence of the technology, media and telecommunications industries on the U.S. economy has grown tremendously. The U.S. Bureau of Economic Analysis reports that the combined technology, media and telecommunications industries’ share of the GDP (adjusted for inflation) has rapidly increased from 3.4% in December 1987 to over 8.8% in December 2004; and from 1990 through 2004, industry spending on information processing equipment and software in the U.S. exceeded industry spending on all other types of capital equipment and grew from approximately 32% of all nonresidential investment in 1990 to approximately 57% in 2004.
According to VentureOne, a venture capital research firm, since 2002, the U.S. technology, media and telecommunications industries have seen steady growth in venture capital investing. However, VentureOne also reports that liquidity available to investors in private technology, media and telecommunications companies remains constrained, as exits through sales and/or initial public offerings in the last five years have generally lagged historical trendlines.
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Company Strategy |
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A blank check company incorporated under the laws of the State of Delaware. |
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Product/Services Portfolio |
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The Company was formed to acquire one or more assets or control of one or more operating businesses in the technology, media or telecommunications industries through a merger, capital stock exchange, stock purchase, asset acquisition or other similar business combination.
The Company is not presently engaged in, and it will not engage in, any substantive commercial business for an indefinite period of time following the offering. The Company intends to utilize cash derived from the proceeds of the offering, its capital stock, debt or a combination of these in effecting a business combination. Although a substantial portion of the net proceeds of this offering are expected to be applied generally toward effecting a business combination as described in this prospectus, the proceeds are not otherwise being designated for any more specific purposes.
The Company intends to focus its acquisitions efforts primarily in the technology, media and telecommunications industries.
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Investment Analysis |
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Income Data (Thousand $ Except EPS) |
| Year |
Revenues |
Costs |
Oper Income |
Taxes |
Net Income |
EPS |
| 2006
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0.00 |
0.00 |
0.00 |
0.00 |
-5,500 |
-0.02 |
| *As of period July 19, 2006 to August 31, 2006
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Balance Sheet Data
(Thousand $) |
Year |
Cash |
Acct Recv. |
Inventory |
Total Cur Assets |
Total Cur Liability |
PPE |
Total Assets |
LT Debt |
SH Equity |
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2006 |
225,000 |
0.00 |
0.00 |
0.00 |
123,500 |
0.00 |
343,000 |
0.00 |
19,500 |
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*As of period ended August 31, 2006
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| Cash
Flow Summary
(Thousand $) |
Year |
Net Cash-Ops |
Net Cash-Inv |
Net Cash-Fin |
Net Change |
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2006 |
0.00 |
0.00 |
225,000 |
225,000 |
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*As of period July 19, 2006 to August 31, 2006
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- Value Gap 
- Short-Term Growth
- Long-Term Growth 
- Long-Term Value 