| Business Summary | | Hyaton
Organics
Inc.
is
currently
seeking
to
either
identify
a
suitable
business
opportunity
or
enter
into
a
suitable
business
combination.
Until
it
secures
a
suitable
business
opportunity
or
combination,
Hyaton
Organics
will
operate
as
a
"blank
check"
company.
Once
a
business
opportunity
or
business
combination
has
been
identified,
the
Company
intends
to
investigate
and
evaluate
the
business
opportunity
or
business
combination.
The
Company
has
not
put
industry
or
geographically
specific
limitations
on
the
nature
of
acquisitions
or
business
opportunities
to
be
evaluated.
Management
believes
that
the
greatest
potential
lies
in
technology
and
goods
or
products-related
industries,
rather
than
principally
service
industries. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Hyaton
Organics
Inc.'s
primary
asset
is
its
interest
in
Camden,
a
development
stage
company
that
intends
to
develop
turnkey
facilities
capable
of
producing
organic-based
fertilizers
from
animal
residues.
For
the
six
months
ended
6/30/01,
the
Company
reported
no
revenue.
Net
loss
decreased
23%
to
$265
thousand.
Lower
loss
reflects
lower
consulting
and
other
professional
fees
due
to
the
reduced
use
of
outside
consultants. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Robert Novitsky, 52 Pres,
Director | $46K | Michael McCabe, 42 CFO,
Director | -- | Manfred Schultz, 51 VP-Bus.
Devel., Director | -- | Lynda Murdock, 38 Treasurer | -- | Fiama Walker, 55 Sec. | -- | Dollar
amounts are as of 31-Dec-1999 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
|
|