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HULL: 157'' x 132'' x 18''.VARIABLE LOAD: 3,762 kips.HELIPORT: 60'' x 60''.STORAGE: Mud & Cmt Bulk--6,000 cf +3,000sks; Liquid Mud--1,691 bbl; Fuel--2,100 bbl;Water for Drilling--5,900 bbl; Potable Water--1,000 bbl.DRILLING EQUIPMENT: Drawworks-Nat''l 1320UE; Pumps--two Nat''l 12-P-160; Primemovers--three EMD 16-645; Rotary Table--Nat''l 37 1/2"; TopDrive--Varco TDS-3.BOP SYSTEM: Hydril diverter, Shaffer annular,CIW rams, 10,000 psi.CRANES: Nat''l. OS 105 w/100'' boom, one UnitMariner 500-SD w/100'' boom.REMARKS: Formerly Mr. Sage and Ocean Sentry.

The company raised $5.5 million through the sale of 73,333 shares of a newly designated Series B Preferred Stock via a private placement with a major investor. The transaction closed on Oct. 9, 2000. The proceeds from the sale were used to retire trade debt and strengthen working capital in preparation for the busy pre-holiday manufacturing season."This major cash infusion comes at an opportune time for Karts International -- with our biggest annual sales period right around the corner," said Chairman Blair benGerald. "The retirement of debt and additional working capital will allow us to ramp up our production to meet the high demand expected during the year 2000 holiday gift-giving season."

Allmand Brothers, Holdrege, Neb., has remained family-owned since its founding in 1938. The company introduced its first mini-backhoe in 1995. It currently has four models, the TLB 20, 25, 25D and 35D. The TEB 20, added last year, competes with the Terramite T5. The TLB 35 is rated 33 hp, while the other machines carry 20 to 25 hp engines. Dig-It was part of HCC when we last looked at this segment. HCC owned the product line from 1993 until 1999 when it was sold to Yazoo/Kees Power Equipment, Jackson, Miss., which has been renamed Pug Power. The Dig-It machine has been produced since the 1980s. Two models are currently offered, the 22 hp model 2208 and the 20 hp Tiger M2008.

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