Westlake Village Firm Files for Stock Offering
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Dental/Medical Diagnostic Systems, a Westlake Village manufacturer of high-technology dental equipment and tooth-whitening materials, has filed with the Securities and Exchange Commission for a public offering of 2.6 million shares of common stock.
The value of the shares is 1 cent each.
The offering is being made entirely in Europe through an underwriting group managed by Bank Brussels Lambert of the ING/Barings group, Quartz Capital Partners Limited and Artesia/Bacob Bank. The company intends to use the net proceeds from the offering for the launch of its digital X-ray system, research and development, the repurchase of a portion of its outstanding redeemable common-stock purchase warrants and general corporate purposes.
A copy of the preliminary prospectus relating to these securities may be obtained from the offices of Bank Brussels Lambert, Mamixlaan 24, 1000 Brussels.
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