| Business Summary | | Innofone.com,
originally
Propaint
Systems,
Inc.,
offers
residential
and
small
business
long
distance
telephone
services,
calling
cards,
Internet
access
and
cellular
services
through
strategic
partnerships
with
industry
leaders
in
the
financial,
retail
and
Internet
markets.
Typically,
the
Company
combines
its
services
into
bundles
and
its
partners
market
its
bundle
of
services
to
their
own
customer
or
membership
bases
as
part
of
value-added
or
benefits
programs.
All
of
the
Company's
operations
are
conducted
through
its
Canadian
operating
subsidiary,
Innofone
Canada.
In
May
2001,
Innofone.com
announced
that
its
operating
subsidiary,
Innofone
Canada,
Inc.
was
adjudged
bankrupt
by
a
Judge
of
the
Bankruptcy
and
Insolvency
Division
of
the
Superior
Court
of
Quebec,
District
of
Montreal. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Innofone.com,
wholly
owns
and
operates
Innofone
Canada
Inc.,
a
leading
reseller
of
bundled
telecommunications
products
and
services.
Innofone's
current
range
of
products
and
services
include
long
distance,
telephone
calling
cards,
and
cellular
services.
For
the
nine
months
ended
3/01,
revenues
totalled
$1.4
million,
up
from
$531
thousand.
Net
loss
increased
11%
to
$3
million.
Results
reflect
increased
billable
long
distance
calling
minutes,
offset
by
increased
S/G/A
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Ronald Crowe, 60 Chairman | $60K | Larry Hunt, 41 Pres,
CEO, Director | -- | Richard Quinney, 50 CFO,
Director | -- | Charles Blaquiere, 40 Pres,
Innofone Canada Inc. | -- | Dollar amounts are as of 30-June-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|