| Business Summary | | Laser
Master
International
Inc.
prints
for
the
textile
industry
and
the
gift
wrap
paper
industry.
Laser
Master
sells
its
products
and
services
nationwide
through
its
direct
sales
force
and
resellers.
In
addition,
the
Company
has
a
real
estate
subsidiary,
Harrison
First
Realty
Corp.,
which
owns
a
factory
building
in
Harrison,
New
Jersey.
The
building
is
approximately
240,000
square
feet,
of
which
49%
is
rented
to
two
unaffiliated
tenants
and
51%
is
rented
to
Laser
Master's
wholly
owned
subsidiary,
Flexo-Craft
Prints
Inc.
Flexo-Craft
is
engaged
in
the
use
of
a
computerized
laser
system
to
accomplish
Flexographic
printing
for
industrial
and
commercial
printing
and
engraving. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Laser
Master
International
Inc.
prints
for
the
textile
and
the
gift
wrap
paper
industries.
LMTI
also
has
a
real
estate
division
that
owns
and
operates
a
factory
building
in
Harrison,
NJ.
For
the
six
months
ended
5/31/01,
revenues
decreased
18%
to
$5.5
million.
Net
loss
totalled
$214
thousand
vs.
an
income
of
$155
thousand.
Revenues
reflect
the
general
economic
slowdown.
Loss
reflects
an
increase
in
interest
expense
attributable
to
higher
levels
of
debt. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Mendel Klein, 69 Chairman
and CEO | $125K | Abraham Klein, 39 Pres,
Director | 70K | Mirel Spitz, 42 VP | -- | Leah Klein, 65 VP,
Sec. | -- | Dollar amounts are as of 30-Nov-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
|
|