-----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, SN5WoS7JiZJ57A/j+VVllDSDlj4bLzyfPWDfZGgl85hvsxVuug/pDA13M1QL6S+F bQMTTMviVRG60hzoKwv05A== 0001047469-97-009301.txt : 19980102 0001047469-97-009301.hdr.sgml : 19980102 ACCESSION NUMBER: 0001047469-97-009301 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19971231 SROS: AMEX FILER: COMPANY DATA: COMPANY CONFORMED NAME: MEDIA LOGIC INC CENTRAL INDEX KEY: 0000815185 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 042772354 STATE OF INCORPORATION: MA FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 424B3 SEC ACT: SEC FILE NUMBER: 333-27503 FILM NUMBER: 97747737 BUSINESS ADDRESS: STREET 1: 310 SOUTH ST STREET 2: P O BOX 2258 CITY: PLAINVILLE STATE: MA ZIP: 02762 BUSINESS PHONE: 5086952006 MAIL ADDRESS: STREET 1: 310 SOUTH ST STREET 2: P O BOX 2258 CITY: PLAINVILLE STATE: MA ZIP: 02762 424B3 1 SUPPLEMENT #1 Filed Pursuant to Rule 424(b)(3) REGISTRATION NO. 333-27503 PROSPECTUS SUPPLEMENT NO. 1 DATED DECEMBER 31, 1997 TO THE PROSPECTUS DATED JUNE 19, 1997 OF MEDIA LOGIC, INC. This Prospectus Supplement No. 1 amends the number of shares of Common Stock of Media Logic, Inc. (the "Company") being offered for sale by the Selling Stockholders (and reflected throughout the Prospectus). The Selling Stockholders are offering for sale 3,063,222(1) shares of Common Stock (which is an increase of 1,155,596 shares over the 1,907,626 shares referenced in the Prospectus) issuable upon the conversion of the Debentures. The 3,063,222 Shares offered hereby include (i) 2,231,000 shares issued to date for Debentures already converted, (ii) 777,778 shares issuable upon conversion of the remainder of the Debentures outstanding and (iii) 54,444 shares issuable assuming conversion of approximately one year's accrued interest of $49,000, based on an assumed Conversion Date Price of $.90 per share for the principal amount, and interest thereon, of the Debentures outstanding. The $.90 assumed Conversion Date Price is a minimum conversion price agreed to on December 29, 1997 by the Registrant and four of the five remaining Selling Stockholders (F.T.S. Worldwide Corporation, Beauchamp Finance, Ltd., Euro Factors International Inc. and Ramlu Trading Corp.). This Prospectus Supplement No. 1 should be read in conjunction with the Prospectus dated June 19, 1997. __________ (1) As noted in the Prospectus of which this Prospectus Supplement is a part, the Company has registered a total of 3,565,656 shares of Common Stock for issuance upon conversion of the Debentures. Page 1 of 1 Page -----END PRIVACY-ENHANCED MESSAGE-----