| Business Summary | | General
Devices,
Inc.
is
seeking
the
acquisition
of
an
operating
business.
The
Company
had
been
engaged
in
the
business
of
providing
contract
technical
services.
Effective
April
14,
1990,
the
Company
sold
most
of
its
technical
services
business
and
certain
assets
to
TAD
Technical
Services
Corporation.
On
June
1,
1990,
the
Company
sold
its
British
subsidiary,
GDI
Euroforce
Ltd.,
to
TAD
Technical
Services
Corporation.
The
Company
continued
to
operate
in
the
technical
services
business
from
its
King
of
Prussia,
Pennsylvania
location
on
a
much
smaller
scale.
Since
1993,
the
Company
has
been
inactive. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | General
Devices
had
been
engaged
in
the
business
of
providing
contract
technical
services
and
executive
recruiting.
The
Company
also
had
been
supplying
contract
technical
services
consisting
of
experienced
engineering,
scientific
and
other
technical
personnel.
For
the
six
months
ended
6/30/01,
the
Company
reported
no
revenue.
Net
loss
fell
54%
to
$15
thousand.
Results
reflect
the
absence
of
any
revenue
generating
operation
and
lower
accounting
fees. | More
from
Market Guide: Significant
Developments |
| | |
| Position | John Galuchie, Jr. | Chairman,
Pres | Theodore Raymond, 72 | VP,
Director | G. William Raum, 60 | VP,
Sec. and Treasurer |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|