| Business Summary | | The
Sagemark
Companies
Ltd.
(Sagemark),
established
in
1961,
anticipates
entering
the
medical
imaging
field
and
has
signed
a
binding
letter
of
intent
to
acquire
two
companies
that
will
operate
in
the
Positron
Emission
Tomography
(PET)
and
Cyclotron
markets.
PET
is
a
new
advanced
early
detection
diagnostic
imaging
procedure
for
cancer,
heart
disease
and
neurological
disorders
that
provides
physicians
with
detailed
and
extensive
information
about
the
body's
chemistry,
cell
function
and
the
exact
location
of
various
life
threatening
disease
enabling
the
diagnosis
of
disease
without
invasive
procedures.
In
May
2001,
the
Company
acquired
the
first
of
the
two
companies,
Premier
PET
Imaging
International,
Inc.
The
Company's
first
PET
Center
is
expected
to
commence
operations
in
July
2001. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SKCO,
through
Premier
PET
Imaging
International,
owns
and
operates
outpatient
medical
diagnostic
imaging
centers
utilizing
positron
emission
tomography
scanning
equipment.
For
the
six
months
ended
6/30/01,
revenues
totalled
$0,
vs.
$604
thousand.
Net
loss
totalled
$330
thousand,
vs.
an
income
of
$27
thousand.
Results
reflect
the
absence
of
any
revenue
generating
operation,
and
higher
professional
fee
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Edward Bright, 64 Chairman | $7.0K | Theodore Shapiro, 65 Pres,
CEO, Director | 14.0K | Dollar amounts are as of 31-Dec-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
|
|