As filed with the U.S. Securities and Exchange Commission on July 24, 1996 Securities and Exchange Commission Washington D.C. 20549 FORM S-3/Amendment 2 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Commission File No. 0-19015 ICIS MANAGEMENT GROUP, INC. (Formerly Alter Sales Co., Inc.) FLORIDA 59-0791065 (State or other jurisdiction of incorporation (I.R.S. Employer Identification or organization) Number) 5050 N. Federal Highway, Lighthouse Point, FL 33064 (address of principal executive office) (zip code) Issuer's telephone number: (305) 426-3400 Agent for Service at above address: James W. Nearen, President Approximate date of commencement of proposed sale to Public: July 24, 1996 Calculation of Registration Fee - ------------------------------------------------------------------------------------------------------------------------------------ Title of Securities Amount of Shares Proposed Maximum Proposed Amount Securities to be to be Registered Offering Price Maximum of Fee Registered Per Share(1) Aggregate Offering Price(1) $.004 par value Common Stock 3,000,000 $.25 $625,000 $258.62(1) TOTALS 3,000,000 $625,000 $258.62(2) - ------------------------------------------------------------------------------------------------------------------------------------ Total No. of Pages: 19 Exhibit Index on Page: 10 (1) This calculation is made solely for the purposes of determining the registration fee pursuant to Rule 457(g) under the Securities Act of 1933 and is calculated on the basis of the highest price at which the warrants described herein may be exercised. (2) The expenses associated with this registration statement include the registration fees, bank wire fees, fees payable to Nasdaq of $.01 per share or $7500 maximum and negligible costs of mailing. Notice of Withdrawal of Registration Statement ICIS Management Group, Inc. (the "Registrant" or the "Company") is electing to withdraw the Form S-3 Registration Statement filed on July 24, 1996. This election is based upon discussions with the staff of the Office of Small Business Policy within the Division of Corporate Finance who have advised the Registrant of their belief that it is not eligible to utilize Form S-3. On June 10, 1996, the Registrant was advised by another office within the Division of Corporate Finance that its eligibility to utilize Form S-3 would be restored upon the filing of a financial data schedule supplement to the Form 10-QSB filed by the Company for the period ended March 31, 1996. The Company promptly took the requested action and, thereafter, proceeded to file the Form S-3. Notwithstanding these facts, the Office of Small Business Policy has now determined that an eligibility defect caused by a late filing of any required periodic report cannot be waived by the Division of Corporate Finance and, thus, cannot be cured. Therefore, the Company has determined that the best course of action is to withdraw the Form S-3. Dated: September 23, 1996 ICIS Management Group, Inc. /s/ James W. Nearen ---------------------------------- James W. Nearen, President and CEO Agent for Service