| Business Summary | | PNV
Inc.
provides
bundled
telecommunications,
cable
television
and
Internet
access
services
to
truck
drivers
in
the
privacy
and
convenience
of
their
truck
cabs
and
to
other
participants
in
the
trucking
community.
In
addition,
through
its
trucking
industry-focused
portal
Website,
the
Company
provides
online
content,
services
and
applications.
Its
current
customers
include
drivers,
long-haul
trucking
fleets,
truckstop
operators,
and
trucking
industry
suppliers
and
manufacturers.
The
Company
also
offers
comprehensive
telecommunications
services
to
truckstop
operators
for
the
public
areas
inside
the
truckstop.
In
December
2000,
the
Company
filed
a
voluntary
petition
with
the
United
States
Bankruptcy
Court
for
the
District
of
Florida
under
Chapter
11
of
the
United
States
Bankruptcy
Code.
PNV
elected
to
seek
court
protection
in
order
to
facilitate
the
sale
of
its
assets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PNV
Inc.
provides
bundled
telecommunications,
cable
television
and
Internet
access
services
to
truck
drivers
in
the
privacy
and
convenience
of
their
truck
cabs.
For
the
three
months
ended
9/30/00,
revenues
rose
64%
to
$5.5
million.
Net
loss
applicable
to
Common
fell
1%
to
$18.2
million.
Revenues
benefitted
from
advertising
and
prepaid
phone
card
operations.
Lower
loss
was
partially
offset
by
increased
cost
of
T-1
and
local
phone
lines
and
$3.2
million
in
accretion
of
preferred
shares. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Ian Williams, 51 Chairman | $206K | Robert May, 51 Pres,
CEO, Director | 505K | Casey Gunnel, 53 CFO,
Chief Operating Officer | -- | Anthony Allen, 39 VP
-- Operations and Sec. | -- | Bill Buzbee, 55 VP
-- Industry Relations and Retail Sales | -- | Dollar
amounts are as of 30-June-2000 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
|
|