| Business Summary | | Altair
International
Inc.
owns
a
proprietary
technology
for
making
nanocrystalline
materials
in
bulk
quantities.
The
Company's
technology
can
also
be
used
to
make
paint
pigment.
Altair
is
developing
nanomaterials
with
potential
applications
in
fuel
cells,
solar
cells,
advanced
energy
storage
devices,
thermal
spray
coatings,
catalysts,
cosmetics,
paints,
semiconductors,
telecommunications
and
environmental
remediation.
Altair
has
acquired
mineral
leaseholds
and
is
conducting
pilot
plant
operations
to
assess
economic
feasibility
for
mining
operations
on
a
titanium
mineral
sand
occurrence
in
Tennessee.
The
Company's
other
principal
asset
is
the
Altair
Centrifugal
Jig,
a
technology
with
potential
applications
in
mining,
coal
treatment
and
environmental
remediation.
The
Company's
subsidiary,
Altair
Technologies,
Inc.,
produces
closely
sized
nanoparticles
of
titanium
dioxide
for
specialty
paints,
plastics,
cosmetics
and
photo-catalytic
applications. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Altair
International
owns
a
proprietary
technology
for
making
nanocrystalline
materials
in
bulk
quantities.
The
Company's
technology
can
also
be
used
to
make
paint
pigment.
For
the
six
months
ended
6/30/01,
the
Company
reported
no
revenue.
Net
loss
totaled
rose
89%
to
$4.2
million.
Results
suffered
from
higher
salaries,
increased
interest
costs
and
the
absence
of
a
$796
thousand
gain
on
foreign
exchange. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| William Long, 54 Pres,
Director; Sec. of Fine Gold | $100K | C. Patrick Costin, 58 VP;
Pres of Fine Gold and MRS | 100K | Edward Dickinson, 54 Sec.,
CFO | -- | 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
|
|