| | Business Summary | | Applied
Medical
Devices
Inc.
is
a
development
stage
company
that
is
engaged
in
the
investigation
of
business
opportunities
with
the
goal
of
attempting
to
effect
a
business
combination
with
another
entity.
On
November
17,
2000
the
Company
entered
into
an
agreement
to
merge
with
NISCO
Systems,
Inc.
(NISCO).
NISCO
designs
and
installs
high-speed
telecommunications
infrastructures
for
corporations,
specializing
in
complex
inter-building,
intra-building,
outside
plant
and
corporate
networks.
The
Merger
is
expected
be
to
effected
through
a
business
combination
with
Applied
Medical
Merger
Corp.,
a
corporation
recently
formed
by
the
Company
to
be
the
surviving
corporation
in
the
Merger.
Upon
completion
of
the
Merger,
the
name
of
the
surviving
corporation
will
be
changed
to
NISCO
Systems,
Inc. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Applied
Medical
Devices,
Inc.
discontinued
its
operation
in
the
medical
products
industry
in
1986
and
commenced
in
the
search
for
an
acquisition,
merger
or
other
form
of
business
combination
with
an
existing
business.
For
the
fiscal
year
ended
4/30/01,
the
Company
reported
no
revenues.
Net
loss
decreased
94%
to
$1
thousand.
Results
reflect
higher
interest
income
and
a
$103
thousand
gain
on
the
sale
of
marketable
securities. | | More
from
Market Guide: Significant
Developments |
| | Officers | |
| Position | | Allan Lager, 57 | Pres,
Director | | Gary Brunner, 55 | Sec.,
Director |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/a/amdi.ob.gif)