Here's a little history somebody wrote I found which I
think is correct. Unfortunately a lot of III owners just do recaps and don't document their systems so it's hard to piece it together. Anyway...
"The 1966 version is the most difficult to find, the one reviewed by Julian Hirsch in 1967. This very first version used a Jensen woofer with an reddish accordion style woven cloth surround which was tuned to the cabinet with a two inch bass port. [I believe it was attached from the inside with 4 bolts.] The Phillips midrange had a unique whizzer cone and an accordion style surround made of paper. The four Peerless paper cone tweeters had paper dust caps and the square frame was stapled to the front baffle. There were no external adjustments unlike all the later versions. This system did not accept banana plugs, only bare 16AWG wire or a spade lug could be used. The grill badge was gold colored metal with red paint and the baffle set back was greater which allowed a thicker grill frame. At this time, there were no serial numbers on the system. [Seems like prototypes with no serial no.]
The 1968 version was very much like the first except for a single attenuator was added in a round cutout near the top rear of the cabinet which adjusted the four tweeters, the input connectors remained near the bottom. Otherwise, the second version was nearly identical to the first. [Was that the only change?]
The 1969 version still used the same brand of drivers, yet the system was altered once again. The impedance of the Dutch made midrange changed with the crossover and got a rolled edge woven cloth surround along with minor changes to the cone and dust cap. The paper cone tweeters from Holland were now glued to the front baffle in round frames plus received aluminum dust caps [Al? really?] to extend the upper range. The crossover now had two attenuators on a plastic plate located in a square cut out near the bottom of the cabinet along with the inputs. This system now accepted banana plugs along with bare 16AWG wire or a spade lug. The metal grill badge now became black plastic with gold chrome plus a gold paper serial number label could now be found on the crossover plate. This was the first version where the front baffle was moved forward by \uc0\u188 [about?] inch which required a thinner grill frame."
Back to me again. Attached is a photo I found of a Model 7. Obviously rough shape. I have a photo of the crossover but with just one photo it's hard to draw up a schematic. It
looks like it is parallel.
Also attached is the handy model guide. As a small manufacturer, which I understand was owned by one guy, the model lineup as time went by is somewhat shambolic. The inconsistent naming protocol doesn't help.
