Form U-7 "Small Company Offering Registration (Scor) Form" - Idaho

What Is Form U-7?

This is a legal form that was released by the Idaho Department of Finance - a government authority operating within Idaho. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on September 28, 1999;
  • The latest edition provided by the Idaho Department of Finance;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a printable version of Form U-7 by clicking the link below or browse more documents and templates provided by the Idaho Department of Finance.

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Download Form U-7 "Small Company Offering Registration (Scor) Form" - Idaho

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FORM U-7
DISCLOSURE DOCUMENT
A manual has been prepared to help you complete this Disclosure Document. The manual contains
instructions for completing each Item. If you do not have a SCOR Manual, contact your State or
Provincial securities regulator or the North American Securities Administrators Association.
(www.nasaa.org)
THIS BOX IS NOT PART OF THE SCOR FORM AND SHOULD BE REMOVED BEFORE THE COMPLETED FORM IS GIVEN TO
PROSPECTIVE INVESTORS
Cover Page - Page 1
Place Company Logo (if any) here or to left or right of Company Name
____________________________________________________________________
(Exact name of Company as set forth in Articles of Incorporation or Organizational Documents)
Street address of principal office:
Company Telephone Number:
Person(s) to contact at Company with respect to offering:
Telephone Number (if different from above):
Type of securities offered:
Price per security: $
Sales commission, if any:
%
Minimum number of securities offered:
Maximum number of securities offered:
Total proceeds:
If minimum sold: $
If maximum sold: $
Investment in a small business is often risky. You should not invest any funds in this
offering unless you can afford to lose your entire investment. See Item 1 for a discussion of
the risk factors that management believes present the most substantial risks to you.
The date of this Disclosure Document is
.
Small Company Offering Registration (SCOR) Form
Page - 1
Revised: September 28, 1999
FORM U-7
DISCLOSURE DOCUMENT
A manual has been prepared to help you complete this Disclosure Document. The manual contains
instructions for completing each Item. If you do not have a SCOR Manual, contact your State or
Provincial securities regulator or the North American Securities Administrators Association.
(www.nasaa.org)
THIS BOX IS NOT PART OF THE SCOR FORM AND SHOULD BE REMOVED BEFORE THE COMPLETED FORM IS GIVEN TO
PROSPECTIVE INVESTORS
Cover Page - Page 1
Place Company Logo (if any) here or to left or right of Company Name
____________________________________________________________________
(Exact name of Company as set forth in Articles of Incorporation or Organizational Documents)
Street address of principal office:
Company Telephone Number:
Person(s) to contact at Company with respect to offering:
Telephone Number (if different from above):
Type of securities offered:
Price per security: $
Sales commission, if any:
%
Minimum number of securities offered:
Maximum number of securities offered:
Total proceeds:
If minimum sold: $
If maximum sold: $
Investment in a small business is often risky. You should not invest any funds in this
offering unless you can afford to lose your entire investment. See Item 1 for a discussion of
the risk factors that management believes present the most substantial risks to you.
The date of this Disclosure Document is
.
Small Company Offering Registration (SCOR) Form
Page - 1
Revised: September 28, 1999
Cover Page - Page 2
Executive Summary
The Company
Describe the business of the Company.
Describe how the Company plans to carry out its activities.
This Company:
[ ]
Has never conducted operations.
[ ]
Is in the development stage.
[ ]
Is currently conducting operations.
[ ]
Has shown a profit in the last fiscal year.
[ ]
Other (Specify):
(Check at least one, as appropriate)
Jurisdiction and date of formation:
Fiscal year end:
(month)
(day)
How the Company Will Use Your Money
Describe how the Company intends to use the proceeds of this offering.
For more information about how the Company will use your money, see Item 30.
The Principal Officers of the Company
The Principal Officers of the Company and their titles are:
Chief Executive Officer:
Chief Operating Officer:
Chief Financial Officer:
For more information about these Officers, see Item 77.
Small Company Offering Registration (SCOR) Form
Page - 2
Revised: September 28, 1999
The Offering
Name of Sales Person(s):
Address:
Telephone Number:
Is there an impound of proceeds until the minimum is obtained?
[ ] Yes
[ ] No
(See Items 73 - 76)
Is this offering limited to certain purchasers?
[ ] Yes
[ ] No (See Item 72)
Is transfer of the securities restricted?
[ ] Yes
[ ] No
(See Item 53)
This offering is available for sale in the following states:
You should consider the terms and risks of this offering before you invest. No
government regulator is recommending these securities.
No government regulator has
verified that this document is accurate or determined that it is adequate. It is a crime for
anyone to tell you differently.
Small Company Offering Registration (SCOR) Form
Page - 3
Revised: September 28, 1999
The Company has included in this Disclosure Document all of its representations
about this offering. If anyone gives you more or different information, you should ignore it.
You should rely only on the information in this Disclosure Document.
TABLE OF CONTENTS
Page
Risk Factors .................................................................................................................................... 6
Business and Properties.................................................................................................................. 6
General Description of the Business
Suppliers
Customer Sales and Orders
Competition
Marketing
Employees
Properties
Research and Development
Governmental Regulation
Company History and Organization
Milestones ..................................................................................................................................... 11
Use of Proceeds ............................................................................................................................. 13
Selected Financial Information...................................................................................................... 14
General
Capitalization
Dilution
Management’s Discussion and Analysis of Certain Relevant Factors .......................................... 17
Description of Securities Offered .................................................................................................. 19
General
Preferred Stock
Debt Securities
Ratio of Earnings to Fixed Charges
How These Securities Will Be Offered and Sold .......................................................................... 22
Company Salespersons
Other Salespersons and Finders
Purchaser Limitations
Impound of Offering Proceeds
Management .................................................................................................................................. 25
Officers and Key Persons of the Company
Directors of the Company
Consultants
Arrangements with Officers, Directors, and Key Persons
Compensation
Prior Experience
Certain Legal Proceedings
Small Company Offering Registration (SCOR) Form
Page - 4
Revised: September 28, 1999
Outstanding Securities…............................................................................................................... 31
General
Dividends, Distributions, and Redemptions
Options and Warrants
Sales of Securities
Principal Stockholders................................................................................................................... 32
Management Relationships and Transactions ............................................................................... 33
Family Relationships
Management Transactions
Litigation ....................................................................................................................................... 35
Tax Aspects ................................................................................................................................... 35
Other Material Factors................................................................................................................... 36
Additional Information.................................................................................................................. 36
Signatures ...................................................................................................................................... 37
List of Exhibits .............................................................................................................................. 38
Small Company Offering Registration (SCOR) Form
Page - 5
Revised: September 28, 1999