As filed with the Securities and Exchange Commission on August 1, 1997
SEC File No. 333-31969
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 1
TO FORM SB-2
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
CTI INDUSTRIES CORPORATION
(Name of Small Business Issuer in its charter)
Delaware 3970 36-2848943
(State or jurisdiction (Primary Standard Industrial (I.R.S. Employer
of incorporation or Classification Code Number) Identification No.)
organization)
22160 North Pepper Road
Barrington, Illinois 60010
(847) 382-1000
(Address and Telephone Number of Principal Executive Offices
and Principal Place of Business)
To include Exhibits 15.1 and 15.2
The registrant hereby amends this registration statement on such date
or dates as may be necessary to delay its effective date until the registrant
shall file a further amendment which specifically states that this registration
statement shall thereafter become effective in accordance with Section 8(a) of
the Securities Act of 1933 or until the registration statement shall become
effective on such date as the Commission, acting pursuant to said Section 8(a),
may determine.
<PAGE>
PART II
INFORMATION NOT REQUIRED IN PROSPECTUS
Item 27. Exhibits.
15.1 Letter from Detterbeck & Associates, Ltd.
15.2 Letter from Jacobson, Scott, Gordon & Horewitch
<PAGE>
SIGNATURES
In accordance with the requirements of the Securities Act of 1933, the
registrant certifies that it has reasonable grounds to believe that it meets all
of the requirements for filing on Form SB-2 and authorized this Amendment No. 1
to the Registration Statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the Village of Barrington, State of Illinois, on
the 1st day of August, 1997.
CTI INDUSTRIES CORPORATION
By: /s/ Howard W. Schwan
--------------------------
Howard W. Schwan, President
In accordance with the requirements of the Securities Act of 1933, this
Amendment No. 1 to the Registration Statement has been signed by the following
persons in the capacities and on the dates indicated.
Signatures Title Date
-------------- ------------ --------
/s/ Howard W. Schwan President and Director August 1, 1997
- -------------------------
Howard W. Schwan
/s/ Howard W. Schwan* Chairman and Director August 1, 1997
- -------------------------
John H. Schwan
/s/ Howard W. Schwan* Chief Executive Officer, August 1, 1997
- ------------------------- Secretary, Chief Financial
Stephen M. Merrick Officer and Director
/s/ Howard W. Schwan* Vice President and Director Augut 1, 1997
- -------------------------
John C. Davis
/s/ Howard W. Schwan* Manager of Finance and August 1, 1997
- ------------------------- Administration
Sharon Konny
/s/ Howard W. Schwan* Director August 1, 1997
- -------------------------
Stanley M. Brown
*Pursuant to power of attorney previously filed with the Securities and Exchange
Commission.
2
Exhibit 15.1
Letter from Detterbeck & Associates, Ltd.
July 24, 1997
Securities and Exchange Commission
Washington, DC 20549
RE: CTI
Industries Corporation File No. 333-31969
Dear Sir or Madam:
We have read the disclosure "Change in Independent Accountants"
contained in the Form SB-2 Registration Statement of CTI
Industries Corporation as filed with the Securities and Exchange
Commission on July 24, 1997, and agree with the statements
contained therein that reference our firm.
Sincerely,
/s/ Detterbeck & Associates, Ltd.
DETTERBECK & ASSOCIATES, LTD.
Exhibit 15.2
Letter from Jacobson, Scott, Gordon & Horewitch
July 24, 1997
Securities and Exchange Commission
Washington, D.C. 20549
Re: CTI Industries Corporation
Gentlemen:
We have read the disclosure regarding the change in independent
accountants that is included in the Form SB-2 registration of CTI
Industries Corporation as filed with the Commission on July 24,
1997.
We agree with all statements made relative to our firm in the
disclosure.
If there is any additional information you may need, please
advise.
Very truly yours,
/s/ E. Ramsey Gordon
JACOBSON SCOTT GORDON & HOREWITCH By:
E. Ramsey Gordon
