-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RrJtksoXDsL1urADyMZyElyEX2G5rU9gQEuz+Gc8GbFhkqRCxO/Rq44gnf6rorpo OJnnOYKmm55V4AkkIhdsYA== 0000950153-96-000213.txt : 19960417 0000950153-96-000213.hdr.sgml : 19960417 ACCESSION NUMBER: 0000950153-96-000213 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19960408 ITEM INFORMATION: Other events FILED AS OF DATE: 19960416 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: WAVETECH INC CENTRAL INDEX KEY: 0000799694 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ENGINEERING SERVICES [8711] IRS NUMBER: 222726569 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-15482 FILM NUMBER: 96547391 BUSINESS ADDRESS: STREET 1: 5210 E WILLIAMS CIRCLE CITY: TUCSON STATE: AR ZIP: 85711 BUSINESS PHONE: 5207508093 MAIL ADDRESS: STREET 1: 5210 E WILLIAMS CIRCLE CITY: TUCSON STATE: AZ ZIP: 85711 8-K 1 CURRENT REPORT DATED 4/8/96 OF WAVETECH 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) April 8, 1996 ------------------------- WAVETECH, INC. (Exact name of registrant as specified in its charter) New Jersey 0-15482 22-2726569 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 5210 E. Williams Circle, Suite 200, Tucson, Arizona 85711 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (520)750-9093 --------------------- Not applicable (Former name or former address, if changed since last report.) 2 ITEM 5. OTHER MATTERS. On April 9, 1996, Wavetech, Inc. (the "Company") sold 2,000,000 shares of its common stock in an offering pursuant to Regulation S of the Securities Act of 1933. The net proceeds of the offering to the Company were approximately $1,500,000. A balance sheet of the Company dated April 11, 1996 that reflects this investment is attached as Exhibit A. 2 3 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: April 11, 1996 WAVETECH, INC. By: /s/Gerald I. Quinn -------------------------------------- Gerald I. Quinn President and Chief Executive Officer 3 4 EXHIBIT A WAVETECH, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEET APRIL 11, 1996 (UNAUDITED) ----------- ASSETS
April 11, 1996 ------------- Current assets: Cash and Cash equivalents $1,617,402.81 Other Current Assets 4,397.69 ------------- Total Current Assets 1,621,800.50 Property and equipment, net 535,049.06 Other Assets: Deposits 64,717.93 Other Assets 12,100.00 -------------- Total Other Assets 76,817.93 ------------- Total Assets $2,233,667.49 ============= LIABILTIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable and accrued expenses $ 97,486.14 Capital Leases 14,979.92 Notes payable, current 53,638.86 ------------- Total Current Liabilities 166,104.92 ------------- Stockholders' equity: Common stock, par value $.001 per share; 1,503,015.58 50,000,000 shares authorized, and 12,509,246 shares issued and outstanding Additional paid in capital 2,739,791.87 Retained earnings (accumulated deficit) (2,175,244.88) ------------- Total stockholders' equity (deficit) 2,067,562.57 ------------- Total liabilities and stockholders' equity $2,233,667.49 =============
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