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200,000 shares PEST INVESTIGATION CONTROL CORPORATION Of the shares being offered hereby, all 200,000 are being sold by the Pest Investigation Control Corporation, Inc.
200,000 shares PEST INVESTIGATION CONTROL CORPORATION Of the shares being offered hereby, all 200,000 are being sold by the Pest Investigation Control Corporation, Inc. ("the Company"). Before the offering there has been no public market for the shares of PICC, and no guarantee can be given that any such market will develop. These securities have not been approved or disapproved by the SEC nor has the commission passed upon the accuracy or adequacy of this prospectus. Any representation to the contrary is a criminal offense. Per share Total Price to Public Underwriting Discount $11.00 $1.10 $2,200,000 $220,000 Proceeds to Company $9.90 $1,980,000 "Before deducting expenses estimated at $27,000 and payable by the Company. This is an initial public offering. The common shares are being offered, subject to prior sale, when, as, and if delivered to and accepted by the Underwriters and subject to approval of certain legal matters by their Counsel and by Counsel for the Company. The Underwriters reserve the right to withdraw, cancel, or modify such offer and to reject offers in whole or in part. The Company The Offering Listing Shares Outstanding Use of Proceeds Erlanger and Ritter, Investment Bankers July 12, 2010 Prospectus Summary The Pest Investigation Control Corporation (PICC) breeds and markets toads and tree frogs as ecologically safe insect-control mechanisms. 200,000 shares of common stock, no par value. The Company will seek listing on NASDAQ and will trade over the counter. As of June 30, 2010, 400,000 shares of common stock were outstanding. After the offering, 600,000 shares of common stock will be outstanding. To finance expansion of inventory and receivables and general working capital, and to pay for country club memberships for certain finance professors. Selected Financial Information (amounts in thousands except per-share data) Fiscal Year Ended June 30 2008 2009 2010 Revenues $60.00 $120.00 $240.00 Net earnings 3.80 Earnings per share .01 15.90 .04 36.10 .09 As of June 30, 2010 As Adjusted for Actual This Offering Working capital $ 8 $1,961 Total assets 511 2,464 Stockholders' equity 423 2,376
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