| Business Summary | | Southern
States
Power
Company,
Inc.
was
formed
to
develop
and
market
innovative
energy
and
power
technologies
with
a
concentration
on
those
products
and
services
that
either
improve
or
preserve
the
environment
on
a
global
basis.
During
fiscal
2000,
the
Company
decided
to
stake
a
position
in
the
burgeoning
biodiesel
fuel
market.
The
Company
has
recognized
that
sector
as
the
most
promising
of
its
current
ventures
and
as
such
has
decided
to
dedicate
all
its
resources
to
this
division.
The
Company's
other
operations,
consisting
of
fuel
cells
and
natural
gas/crude
oil
production,
have
been
placed
on
hold
until
the
biodiesel
business
plan
can
be
implemented. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Southern
States
Power
Company,
Inc.
develops
and
markets
innovative
energy
and
power
technologies
with
a
concentration
on
those
products
and
services
that
either
improve
or
preserve
the
environment
on
a
global
basis.
For
the
nine
months
ended
1/01,
revenues
decreased
43%
to
$32
thousand.
Net
loss
increased
16%
to
$2.6
million.
Revenues
reflect
decreased
fuel
division
sales.
Higher
loss
reflects
an
increase
in
general
and
administrative
expenses. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Lawrence Taggart, 58 | Pres,
Director | Antoinette Fowler, 38 | Sec.
and Treasurer |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|